CAREER OPPORTUNITIES FOR FINANCE MAFinance is a field that deals with the alloca on of assets and liabili es over me under condi ons of certainty
and uncertainty. Finance can also be defined as the science of money management. Students will be educated
in the concepts , skills and techniques necessary in planning, raising funds, making investments and controlling
costs.
SKILLS & ABILITIES OF THE FINANCE MAJOR

ve solu ons, conclusions or approaches to prob‐
QuanƟtaƟve Analysis— Using complex mathe‐
ma cal and sta s cal modeling, measurement lems and research  AƩenƟon to Detail— Accomplishing tasks by con‐
 Teamwork— Ac vely par cipa ng as a member sidering all areas involved, no ma er how small; of a team to move the team toward the comple‐
showing concern for all aspects of the job; accu‐
on of goals rately checking processes and tasks; being watch‐
 Reading Comprehension— Understanding wri en ful over a period of me sentences and paragraphs in work documents  Problem SensiƟvity— The ability to tell when  CriƟcal Thinking— Using logic and reasoning to something is wrong or is likely to go wrong iden fy the strengths and weaknesses of alterna‐ *Taken from the College Board Book of Majors 2014, www.onetonline.org and the Harvard University Competency Dic onary 2014
POTENTIAL CAREERS
Financial Planning  Cer fied Financial Planner  Estate and Tax Planner  Por olio Manager Corporate Finance
 Financial Analyst, Manager or Examiner  Financial Risk Manager  Repor ng Manager  Credit Department Manager  Treasurer Investment Banking
 Stockbroker  Security Sales or Trading  Financial Risk Manager  Financial Repor ng Manager Public AccounƟng Firms
 Staff Accountant  Audit Manager  Tax Manager  Partner Commercial Banking
 Branch/Opera ons Manager  Loan Officer Government/Regulatory
 Examiner  Auditor Hedge Funds
 Investment Analyst  Regulatory Compliance Officer  Quan ta ve Analyst *Par ally taken from the College Board Book of Majors 2014 and www.onetonline.org COMMON WORK ACTIVITES AND TASKS

Advise Management ac vi es at banks, brokerage firms, risk and insurance departments, or credit departments  Coordinate and direct financial planning, budge ng, procure‐
ment, or investment ac vi es of all or part of an organiza on  Develop internal controls 

Evaluate costs data for budgets ment programs Prepare or direct prepara on  Collect and analyze data to de‐
of financial statements, busi‐
tect deficient controls and oth‐
ness ac vity reports, financial er red flags  Inspect account books and ac‐
posi on forecasts, annual coun ng systems for efficiency, budgets, or other reports  Forecast business, industry, or effec veness, and use of ac‐
economic condi ons cepted accoun ng procedures  Interpret data affec ng invest‐
to record transac ons *Taken from www.onetonline.org XAVIER OUTCOMES

Finance graduates find profes‐
 The average star ng salary for undergraduate program. sional career opportuni es in a  In 2012, 97% of Finance gradu‐
Finance graduates in 2012 was wide variety of areas. ates were employed or con n‐
$44,420. Expedien al growth ued into post‐graduate pro‐
is expected.  At least 80% of Finance stu‐
dents have secured one or grams within 90 days of gradu‐
more internships during their a on. FINANCE CERTIFICATIONS AND PROFESSIONAL ORGANIZATIONS
CerƟficaƟons  Cer fied Financial Planner™ (CFP®): www.cfp.net/  Chartered Financial Analyst® (CFA®): www.cfains tute.org  Chartered Financial Consultant® (ChFC®): www.chfchigheststandard.com/  Chartered Life Underwriter® (CLU® ): www.cluhigheststandard.com  Financial Risk Manager (FRM®): www.garp.org/frm  Chartered Alterna ve Investment Analyst (CAIA): www.caia.org OrganizaƟons
 Associa on for Financial Professionals (AFP): www.afponline.org/  American Finance Associa on (AFA): www.afajof.org/view/index.html  American Bankers Associa on (ABA): www.aba.com/Pages/default.aspx  Financial Management Associa on (FMA): www.fma.org, Student Chapter at Xavier  Government Finance Officers Associa on (GFOA): www.gfoa.org  American Associa on of Finance and Accoun ng (AAFA): www.aafa.com RELATED BOOKS IN THE CAREER RESOURCE LIBRARY

Financial Management Associa on Interna onal Interviews . New York, NY: Vault Inc.
(2003). Careers in Finance.
 We eet (2007). Careers in Investment Banking:
 Schlossberg, A. (2002). Vault Career Guide to In‐
Werfeet Insider Guide. San Francisco, CA.
vestment Management (1st Ed). New York, NY:  Ring, T. (2004). Careers in Finance (Third Ed).
Vault, Inc. McGraw‐Hill.  Vault Career Guide to Venture Capital
 Harvard Business School Press (2007). Under‐
 Bhatawedekhar, D., Jacobson, D., Hamadeh, H., & standing Finance: Expert Solu ons to Everyday
The Staff At Vault,( 2005). Vault Guide to Finance
Challenges (Pocket Mentor). Boston, Mass.