In today's competitive markets and global economy, it has never been a better time to seek a graduate level education to be equipped for leadership in a perpetually growing and transforming finance environment. With so many quality graduate programs blending rigorous curriculums with real-world experience, students would do well to have a better knowledge of what careers are out there before setting a course to achieve credentials required to attain them. With that in mind, here is a list of some of the most exciting careers in finance which will prove not only to be lucrative from a salary perspective, but also consistent with growing trends within the global marketplace.
Hedge Fund Manager, entry level – $180-295K
In contrast to mutual fund managers, who are paid fees regardless of their fund's performance, hedge fund managers oversee and make decisions about clients' large-scale investments while receiving a percentage of the returns they earn for their investors, typically to the tune of 1-4% of the net asset value of the fund. While an average entry-level position in hedge fund management begins in the $180-295k range, top-grossing hedge fund managers are earning upwards of $4 billion dollars annually. With the higher potential for loss in today's aggressive high-yielding markets, successful hedge fund managers do well to form a solid investment strategy, a trusted marketing and sales plan, and a risk management strategy. Many of these concepts that help form a manager's understanding of markets and ways to form successful strategies within them are dealt with in the top online MBA programs offered at some of the best business schools in the nation.
Private Equity Analyst – $115K
A Private Equity Analyst, or PE Analyst, primarily performs research and analysis on companies in the private sector of business to evaluate their worth and forecast the future of the organization from a financial standpoint. As a representative of a finance firm investing in a private company, a private equity analyst can expect to have access to CFOs and CEOs of their portfolio companies as well as all accounting records. This data and access is needed for the PE Analyst to be able to form a strategic plan for success regarding company growth and future investments. Private Equity Analysts need to have a proficiency in mental math and good interpersonal relationship abilities to communicate needs and solutions proficiently. Entry level salaries as a private equity analyst typically start at $115,000 and the potential for traveling within this career id highly probable.
Investment Banking Division Analyst – $97K
An investment banking division analyst is responsible for overseeing corporate finance and advisory divided between products and industries. "The purpose of both Investment Banking Division sectors is to provide advisory on transactions, mergers and acquisitions and to arrange (and sometimes even provide) financing for these transactions." An investment banking division analyst must be proficient in the inner workings of financial transactions like mergers and acquisitions and restructuring within equity capital and debt capital markets. These analysts do best to possess a ground-level working knowledge of the technologies and operations within their specific industries and have leadership and communication skills to oversee deals with partnering firms. An entry level position in investment banking division analysis can be in upwards of $100,000 per year.
Global market analysts agree that that each of these positions will continue to be in high demand for years to come. Many of the top online Finance MBA programs within the nation's leading business schools are designed to prepare their students for the demanding requirements that each of these high-yielding and competitive careers offer.