How to Build a Successful Career in Corporate Finance?

Companies typically require funds to pool together the necessary amount of resources to efficiently manage their operations. Corporate finance is a department in any organization or an outsourced service that oversees all aspects of the company’s financial needs. Employees see opportunities for progress, building a work-life balance, and having a good mentor, so many are inclined to invest their time and energy to build a successful career in corporate finance.

Build a successful career in corporate finance

Regardless of the mentoring component, because it is the company’s obligation to assign a suitable individual with expertise to mentor the applicants, corporate finance is a highly sought-after career. Mentorships are commonplace in corporate finance because this is a job role that involves a lot of responsibility and accountability while raising capital critical for business growth and expansion in the form of acquisitions and managing cash and resources to charter out the company’s future roadmap. However, successfully addressing all of these offers up several chances for the individual to flourish.

What is Corporate Finance?

Corporate finance is handled by an organization’s finance department. It is the branch in charge of handling financing sources, capital structuring, accounting, and investment decisions, as well as how the organization goes about doing so. One of the primary responsibilities of the individual working in the area is to maximize shareholder value via long- and short-term financial planning and the implementation of various techniques. Other significant tasks linked with the post include overseeing capital investment and dealing with tax concerns.

Why Consider a Career in Corporate Finance?

Since corporate finance entails supervising the business’ finances, for the most part, a career in corporate finance should be explored if you enjoy dealing with numbers and have good analytical abilities. People with good problem-solving skills, effective communication skills, and the ability to pay close attention to detail are also required for the position. A thorough grasp of the company is also required. One must be up to the latest market trends and conditions. If you have these critical qualities, a career in corporate finance might be highly lucrative for you.

Corporate finance careers

• Real Estate
• Accountancy
• Financial Analyst
• Investor Relationship Manager
• Auditor
• CFO or Chief Financial Officer

To pursue a career as a financial analyst, a master’s degree such as the Global Master of Science in Finance (Global MS in Finance) program from the Richard DeVos Graduate School of Managementis a good way to gain the necessary skills. On the other hand, an executive education program such as Duke Chief Financial Officer (CFO) Program will help you prepare for an executive role such as CFO or VP of Finance.

Skills and qualifications to get a corporate finance role

• Interpersonal skills
• Presentation skills
• Team management skills
• Networking skills
• Analytical skills
• Data visualization skills
• Machine learning skills
• Budget forecasting skills
• Accounting skills