Careers in Finance Project Essay Example | Topics and Well Written Essays - 1250 words

Careers in Finance Project - Essay Example k is issued by a client company, the investment banking company may take financial liability or underwrite the stock, while the investment banker looks for buyers of the shares. They can also manage the client companies’ investments (StateUniversity.com 1). Education requirement is a master’s degree in business administration (MBA). Liberal arts graduates can also be hired and trained to become analysts. However, if these trainees plan to continue in the field, they must purse a graduate degree in business. A number of investments bankers shift from other related fields such as banking, law or finance. For those interested in investment banking, the number of job opportunities basically grows with the economy. The competition is intense among the job applicants who want to work in the investment bank firms; the investment banks are very few. A company may hire less than 25 workers from a field of more than 1000 applicants (StateUniversity.com 1). Investment bankers can earn up to $100,000 annually for the first few years. However, the entry level salary for an individual with a bachelor’s degree was $45,000 yearly in 2005. On the other hand, an individual with an MBA earned $85,000 annually in 2005. The entry level investment bankers usually get huge year-end bonuses amounting to $10,000 or more. Benefits include medical insurances and paid vacations and holidays (StateUniversity.com 1). The main role of a risk analyst is to offer advice about risk based on good practice and technical knowledge. The work involves; assessing and collating risk information on site, collecting photographic evidence and utilizing templates to record assessments, formulating and proofreading detailed reports, and liaising with other professionals such as brokers, inspectors of health, safety and fire officers, client representatives and underwriters (totaljobs.com 1). For a general insurance risk surveying, any HND subject or degree is acceptable. However, chances are high