5 Highest-Paying Jobs After an MSF Degree
A career in finance is considered to be quite lucrative compared to other career options. However, even within that sector, there are job opportunities that pay well. According to Glassdoor.com, on average, a job in finance pays $78,288 per year. Let us take a look at the top 5 highest-paying jobs after an MSF degree.
What are the different types of finance jobs available?
Even within the finance field, there are different types of jobs that you can pursue. These jobs can be broadly classified into four types: Banking services, Investment management, Corporate finance, and Insurance services.
What are the top 5 highest-paying finance jobs after an MSF degree?
1. Investment banker
Investment bankers are essentially professionals who help businesses and government bodies with different ways to invest to raise capital gains. They also act as financial advisors for companies when it comes to mergers and acquisitions. The average salary of an investment banker is $113,179 per year, according to Glassdoor.com.
2. Financial advisor
Financial advisors help their customers with their financial investments. These are generally private customers who need advice on short- and long-term investments that will grow their money. Some financial advisors also give advice on ways of tax saving and risk assessment. A financial advisor earns $73,200 per year on an average, according to Indeed.com.
3. Private equity associate
Private equity associates are responsible for handling dealing processes. They undertake all tasks from the start of the deal to the end. They are responsible for analyzing and monitoring data, looking for potential investment opportunities, and raising capital from investors by networking. On average, Private equity associates earn $124,324 per year, according to Glassdoor.com.
4. Chief financial officer (CFO)
CFO is an executive-level position, in charge of overseeing all financial activities in the company. The duties of a CFO include cash flow tracking, bookkeeping, revenue generation, asset protection, compliance with financial regulations, managing different financial teams, and making budget decisions. A CFO’s salary on average is $181,096 per year, according to Glassbox.com.
5. Chief compliance officer (CCO)
A chief compliance officer is an officer responsible for overseeing and meeting regulatory compliance. This is to ensure that the company is following all the rules and regulations according to compliance standards and avoid any non-compliance fees. A CCO earns $239,001 on average per year, according to Salary.com.
What degree can you pursue to get high-paying jobs?
Global Master of Science in Finance (Global MS in Finance) from the Richard DeVos Graduate School of Management
The Global MS in Finance program is engineered around the most advanced financial theories, quantitative models, and industry practices. It will prepare you to meet requirements across a broad range of modern career opportunities in finance. Also, participants seeking the CFA (Chartered Financial Analyst) professional designation will benefit from the Global MSF program curriculum, which includes concepts that may assist with preparing for the exam. This program offers international participants a chance for OPT – Optional Practical Training program upon the completion of their MSF degree.
Summary
While these are only the 5 highest-paying jobs after an MSF degree, there are many other opportunities available in every industry. Thus, making an MSF degree an important educational degree that will help you drastically in your financial career.
FAQs
There are a number of jobs available in finance which are broadly divided into 4 sectors, namely banking, corporate finance, insurance and investment banking. Some popular posts in finance would be wealth manager, banking associate, and finance advisor.
The job of CFO can be considered as the highest-paying finance job. Doing an MSF degree will help in supporting your path toward high-paying jobs in finance.