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University of Idaho

Finance Major Objective 3: Activity

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 Activity
 

Go to www.careers-in-finance.com and study the various job opportunities in the world of finance.  Explore the positions in commercial banking, corporate finance, insurance, investment banking, money management, and real estate.  Read the overview of the job opportunities in each area, then carefully study the (1) skills and talents required for the positions, (2) job options, (3) salaries, and (4) fact and trends pertaining to the jobs in each area.  For example, consider the following job description for financial analyst:

Financial Analyst
Duties involve determining financing needs, analyzing capital budgeting projects, long-range financial planning, analyzing possible acquisitions and asset sales, visiting credit agencies to explain firm's position, working on budgets, analyzing competitors, implementing financial plans, monitoring the the market price of your firm's securities analyzing of leasing agreements and determining needs and methods of dealing with derivatives. Often you will be assigned to a specific area such as revenue, planning, capital budgeting or project finance. This challenging job requires good analytical skills, computer skills and a broad understanding of finance.

Robert Half International surveys CFOs annually and reports the following typical salary ranges:

Job Title Salary
 Rookie Financial Analyst - Smaller Firm  $23-27K
 Rookie Financial Analyst - Large Firm  $26-31K
 Seasoned Financial Analyst - Smaller Firm  $33-39K
 Seasoned Financial Analyst - Large Firm  $38-47K

Follow the link to view Hyperlink recent (1990 and later) CBE finance graduates.

 

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