Jobs in Finance That Don’t Require You to Work Extreme Hours
The most reputable financial institutions require that their employees have an undergraduate degree. While companies say they’ll hire people with any major, there are actually some majors that pay better than others. Some of these majors include applied mathematics, business, computer sciences, and economics. One NACE study breaks down the salaries for various positions in the financial industry by major. For instance, people who majored in communication earned less than those who majored in computer science.
Corporate finance jobs do not require you to work extreme hours and are a great choice for young professionals who are looking for a rewarding career with a flexible schedule. These jobs typically don’t require long hours or high levels of analytical work, and are generally more social. If you enjoy traveling, this type of career might be ideal for you. Typical tasks at this level include conducting surveys, interviewing clients, and preparing PowerPoint presentations.
The hours of a corporate finance job vary depending on the company and its needs. Some jobs in this field are more lucrative than others. Many finance professionals work for a bank, as they assist in arranging financing for a company. Other finance professionals specialize in corporate M&A and are responsible for identifying attractive acquisition targets for a company’s growth.
Despite the high demand for finance professionals, there are plenty of jobs that don’t require you to work extreme hours. There are positions ranging from accountants to budget directors and treasurers. However, in order to get one of these positions, you will probably need a bachelor’s degree and a CPA license. Fortunately, many companies will offer training and the opportunity to get your license while you work.
If you’re interested in a career in accounting or finance, you might want to consider becoming an auditor. This role involves performing audits on businesses. This job doesn’t require you to work extreme hours, but you may need to take some training. This can be in the form of an internship or training courses. Some firms also prefer to hire those who have prior auditing experience.
The first step in becoming an auditor is to ensure that you meet the necessary qualifications. While bachelor’s degrees in accounting and finance are the basic prerequisites, some firms also require specific accounting certifications. In addition to this, if you possess other transferable skills and experience, you stand a better chance of landing an auditing job.
IT auditors typically work long hours. The average workload for these professionals is 45 to 50 hours per week during the busy season. However, in some organizations, the workload may be even greater. If your company doesn’t have enough staff, you may be required to work even more. You may have to work weekends as well.
One way to get an audit job in finance without working extreme hours is to volunteer. Many nonprofit organizations need someone to review their finances on an annual basis. If you’d rather work in a professional setting, you can hire a certified public accountant or nonprofit accounting firm. Depending on the size of the nonprofit organization, the cost of hiring a CPA can range from $200 to thousands of dollars.
Financial controllers are responsible for the internal control system of a company. They oversee financial audits, produce various reports, and collaborate with other finance leaders to implement internal controls. These professionals also help make business decisions by analyzing business operations. They may be responsible for setting up the policies and procedures.
Although the average person works 80 hours per week in finance, there are jobs in finance that don’t require this level of commitment. Some positions are ideal for people who want to be close to the markets, but don’t necessarily want to be stuck at their desks all day. For example, an asset manager can work long hours, but only 40 hours a week. Other positions, like sales, involve entertaining clients at night.
However, extreme work comes with its own set of costs, both for individuals and for organizations. One recent survey found that half of those who were working extreme hours do not intend to stay in their current positions for more than a year. Furthermore, extreme jobs are more likely to drive away the real talent of a workforce.
Many companies in the financial industry require at least an undergraduate degree. According to the National Association for Colleges and Employers (NACE) study, the top paying majors for entry-level positions in the finance sector include economics, accounting, business, and computer sciences.
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