Banking, Finance & Insurance

While people with an MBA may be involved in some of the same areas as those with a Masters in Finance, there is more opportunity to specialize with the finance concentration. People considering careers in the finance arena should have strong skills in math, be detail oriented, expert at critical thinking and good communicators. With these assets, there are many types of jobs available with a Masters in Finance. Financial Planning: Planners do not have to be certified to advise individuals or corporations unless they sell securities and bonds. Still, certification leading to CFAs and CFPs add to the attractiveness of a resume. Licensure may be required, though. Financial Planners have a median salary of $74,000. Insurance Specialists: These professionals work in risk management as underwriters, sales representatives, asset managers or actuaries. Salaries usually are in the $70,000 range. Investment Banking: These people assist governments and corporations issue securities. They also help with corporate investment portfolios that help companies build passive income that sustains operations. Median salaries are $46,269 to $76,985. Financial Analysis: These professionals keep an eye on the markets, studying trends and political situations including changing government regulations, to help individuals choose investments. They work with banks and pension funds, mutual funds, insurance companies and other businesses. The median salary is $74,000. Financial Managers: These are corporate CFOs and treasurers. The median salary for these positions is $66,496 to $165.000. Brokers: These are finance professionals who buy and sell bonds and commodities (corn, oil and gold). The median salary is $70,000.