Published on February 5, 2016

7 benefits of a career in Finance

...and how an internship abroad will help get you there

A career in finance has so much to offer a young, ambitious professional. The many benefits of working in the lucrative financial sector are what make it such a competitive and demanding field. Learn exactly what a career in Finance can offer you and why an internship abroad is an ideal way to get ahead in the industry:

 

7 benefits of a career in Finance

1. High earning potential

Careers in financial services pay a great deal more than most other fields, with some of the highest paying entry-level positions. On top of that, if you work hard early on, you can very quickly make huge strides forward in your career and experience a generous increase in pay.

2. A balanced lifestyle

Many jobs in the financial sector allow for a fairly balanced lifestyle between work and a personal life, especially for those who are independently employed and can choose their schedule.

 

career in Finance

 

3. Lot's of career options

The financial sector is diverse and full of many different career options for professionals. There are a wide variety of specializations one can attain to focus in on one aspect of the financial sector.

4. Flexibility and room for growth

Because there are a large number of financial positions out there, there is a lot of room to move upward in your career. Moreover, it's easier to relocate with a position in Finance because the job isn't location-specific. There are many options to work in Finance abroad, if you're looking to expand your career to outside of your home country.

5. Job security

Job security is an important perk to a career in Finance, as it is an in-demand occupation. Positions in the field are generally secure. Because Finance is fundamental to everyday life, there are many job options available. This gives you more freedom to switch companies, cities, etc if you're feeling like you want a new challenge or even change for the sake of change.

 

career in Finance

 

6. Challenging career

A job in finance isn't exactly easy. It takes brains, hard work and education to be successful, keeping workers on their toes. Because it is an intellectually stimulating field, it can be very rewarding in the long-term. Moreover, if one works hard and applies themselves early in their career it doesn't take long to move up in the ranks, so an individual can earn more and face new and exciting obstacles.

7. The opportunity to continue your education

Employers in the financial sector like to see their employees continue advancing their education. Earning a higher degree also means earning a higher paycheck, so that effort to educate yourself really pays off.

 

What an international internship in Finance can do for you:

Internships abroad are proving to be a much more pragmatic and exciting option for young people looking to boost their resume and get their foot in the door in the competitive financial sector. Working at an established firm in major cities like New York City, London, Hong Kong, Madrid, Medellín, and Melbourne is a unique experience that provides the kind of professional support and insight that can launch a career. Moreover, working alongside established professionals in the field is a great way to make international professional contacts.

 

Sources: TomHopkins.com, Rasmussen.edu, easefinances.com

Photo 1. based on Wall Street, by Wagner T. Cassimiro "Aranha", CC-by-2.0

Photo 2. based on business people, by Adam Grabek, CC-by-2.0

Photo 3. based on Charging Bull, by Prayitno / Thank you for (8 millions +) views, CC-by-2.0

The author
Elizabeth Trovall
After short stints in Argentina and Belize, Elizabeth is finishing up her fourth year in Santiago, Chile. Elizabeth writes about international internships, life abroad and professional development for The Intern Group. She also reports on politics, business and culture in Latin America for public radio and print media. An Austin, Texas native, Elizabeth first left home to earn her journalism degree from the Reynolds Institute of Journalism at the University of Missouri. Besides her friends and family, she misses live music and Mexican food the most.

3 comments on “7 benefits of a career in Finance

  • I totally agree with high earning potential. The financial services industry is noted for compensation structures that are, overall, much more generous than in other sectors of the economy. Well yes, a finance internship can be a wide-open gateway into your dream financial services industry post – if you handle it right. Nice read!

  • Thank you for listing the advantages. Seriously considering a career in Finance after 8 years of highly technical work in the manufacturing industry.

    Best,

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