Popular Jobs for Finance Majors

If you get a thrill working with money, budgets and investments, a career in finance may be right for you. A finance major is typically offered as a bachelor or Master of Arts degree or as a specialization within a business administration program. With coursework in monitoring and analyzing trends in financial markets, assessing and planning for a company or individual’s long-term financial health, and advising on investment decisions, there is a wide variety of occupations that you’ll be perfect for.
To help you chart your career path, here are some of the most popular jobs for finance majors.
Average Base Pay: $61,696
Number of Open Jobs: 36,457
Description: A senior accountant is responsible for analyzing, producing, compiling, and presenting information for the benefit of management and financial decisions. The senior accountant is responsible for providing critical areas of the close and budget process, assisting in analysis, and assisting Controller in projects and other duties as needed.
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Financial Consultant
Average Base Pay: $64,301
Number of Open Jobs: 21,328
Description: Financial consultants work with clients to develop individualized financial plans for savings, retirement, investments and insurance. They spend much of their time marketing their business and recruiting new clients. Many become both certified in financial planning and licensed to sell financial products.
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Chief Financial Officer
Average Base Pay: $158,553
Number of Open Jobs: 4,359
Description: The CFO oversees administrative services: Accounting/Payroll, investments, management information systems, Facilities, Housing Operations, and Asset Management. The successful applicant will work directly with the CEO and the executive team to create and implement financial strategies, financial forecasting, budgeting and reporting.
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Commercial Banker
Average Base Pay: $42,079
Number of Open Jobs: 7,025
Description: Bankers are in charge of assisting clients with various bank services, such as opening new accounts, selling financial products like stocks and bonds, and answering questions about loans. They must be able to communicate these processes clearly and properly advise clients on the best ways to manage their money. Bankers generally work in the offices of banks during normal business hours.
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Mutual Fund Analyst
Average Base Pay: $70,758
Number of Open Jobs: 8.030
Description: A mutual fund analyst typically reports to a fund manager and is responsible for doing much of the research and market analysis that helps the fund manager make savvy investment decisions for clients. On a daily basis, a mutual fund analyst might be expected to research current market developments and new investment opportunities, model and predict future financial trends and culminate their knowledge and research into market reports for fund managers or clients.
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Investment Banker
Average Base Pay: $134,459
Number of Open Jobs: 10,558
Description: Analysts and Associates are both considered entry-level positions at an investment bank, with associates occupying a slightly higher rung on the corporate ladder, usually by virtue of possessing an MBA or substantial prior experience in the financial industry. Analysts are typically recent college graduates or individuals who may have some financial industry work experience, but who are new to investment banking. Analysts can usually work their way up to becoming associates within three or four years, although doing so may require not only gaining work experience but additional education as well.
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Senior Financial Analyst
Average Base Pay: $93,738
Number of Open Jobs: 36,912
Description: Provides technical accounting and consulting support. Understands generally accepted accounting principles (GAAP) and healthcare financial accounting and reporting standards. Ensures effective annual audit/review preparation, including the maintenance of adequate internal systems and controls. Supports management and Board decisions by providing financial analyses and forecasts of operations and by assessing the feasibility of new services. Assists in the preparation and analysis of an annual budget.
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Claims Adjuster
Average Base Pay: $55,996
Number of Open Jobs: 5,416
Description: Adjusters inspect property damage or personal injury claims to determine how much the insurance company should pay for the loss. They might inspect a home, a business, or an automobile. Adjusters interview the claimant and witnesses, inspect the property, and do additional research, such as look at police reports.
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Finance Manager
Average Base Pay: $120,469
Number of Open Jobs: 33,968
Description: Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.
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Loan Officer
Average Base Pay: $41,951
Number of Open Jobs: 16,223
Description: Loan officers can specialize in consumer, mortgage or commercial loans and often work for commercial banks, mortgage companies or credit unions. They act as the liaison between the institution and the applicant, and will seek to find a loan arrangement that is in the best interests of both parties.