The Best Jobs in Financial Services
When you think of the financial services industry, you probably imagine banks, mortgage lenders and credit card companies. But the reality is that financial services are much more broad than those three sectors alone. They also include brokerage firms, stock brokers, investment funds and individual managers, and many other businesses that offer financial products or services like accountancy, consumer finance, insurance, credit-card companies and loan services.
The best jobs in financial services aren’t limited to Wall Street, but they do tend to be highly lucrative and offer great opportunities for advancement. Plus, the industry offers a good work-life balance and a variety of career paths to choose from. And when surveyed, professionals in this sector report high levels of job satisfaction.
A strong financial services industry is key to both your personal and business finances, so it’s important to understand all the different kinds of financial services institutions and the roles they play in the economy. Financial services industries primarily focus on saving, lending and investing. They are a powerful economic force and influence the success and standards of other industries as well as individuals.
For example, a company that provides payment processing services may increase demand for a product. This creates more opportunities for the original producer to sell the product and earn a profit. Similarly, investments by financial services can lead to more production of goods and services, helping the economy to grow stronger and improve the standard of living for everyone.