Finance is an amazing field that requires highly intelligent and skilled individuals. Varieties of opportunities exist for the people having a desire for pursuing a career in finance, especially in the public, private, as well as non-profit settings. Many people operating in the financial services sector work in environments, including corporate finance, commercial banking, investment banking, financial planning, insurance, money management, real estate, and insurance (Johnson & Johnson Service, 2017) . Additionally, almost each government organization and agency as well as firms employ financial managers whose role is to watch over the preparation of reports concerning finances, focus on minimizing risks, engage in direct investment initiatives, and instrument strategies for managing cash. Thus, a career in finance is quite essential in almost each organization (Harvard College, 2017) . Thus, the paper discusses two financial careers including corporate finance and investment banking, the essential skills individuals would require to excel in each position and recommend the ideal career option based on the attractiveness of its features.
Financial Career Options in Finance Education
The two career options for that individuals with a finance education would pursue comprise of corporate finance and investment banking. Corporate finance is a career that requires employees in the position to ensure they seek the money for running the business, grow the enterprise, embark on acquisitions, plan the financial future of the company, as well as manage any cash within the company. The career option adds value to a corporation in that it facilitates in understanding an organization’s financial problems before hand and avoids them. Corporate finance also facilitates in capital investments to an extent that it assists in determining whether shareholders should receive dividends or not, whether it would be appropriate to accept a certain investment option, as well as facilitates in the management of short-term liabilities and investments (Graduate Prospects Ltd, 2017) .
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Concerning investment banking, it serves as financial career that assists governments and companies in issuing securities, assists investors in buying securities, trade securities, manage assets related to finance, as well as offer financial advice. On the value that the career adds to a company it facilitates in offering various financial services to companies in line with management of strategic, corporate and financial opportunities, such as acquisitions, mergers, shares and bonds, privatizations, lending, and initial public offering (Graduate Prospects Ltd, 2017) . The career option also facilitates in offering advice as well as leading management buyouts, raising capital, offering clients strategic advice, as well as in the identification and securing of new deals for the firm.
Essential Skills for Excelling in Financial Career Options
Emerging successful in corporate finance and investment banking careers requires certain essential skills. For corporate finance, the professionals require solid quantitative and analytical skills. Since the profession is related to numbers and finance, individuals need to ensure they are comfortable when it comes to using numbers as well as have solid analytical skills for compiling different forms of reports. They also need knowledge in financial reporting and analysis, accounting, taxation, and regulations. Knowledge in these areas serves as a differentiator that facilitates in deciding the individuals worth hiring for the position. In addition, diligence and paying attention to detail is vital. Since the professionals in the field usually work while using numbers, it would not be appropriate when they make errors of decimal points when writing down the profits. Each number and word usually has significant implications on the finances of a company hence the need for diligence and accuracy. Furthermore, people in the corporate finance environment should be capable of demonstrating their capability in solving problems particularly in case they are looking forward to attaining a senior position. They also need to have strong skills for building relationships, such as with different departments, their own teams, customers, investors, bankers, and suppliers, among others (Harvard College, 2017) .
In the area of investment banking, intellect serves as the key trait. Strong intellect with major emphasis on mathematics, analytics, economics, and finances assist in meeting the requirements of the job. The experts in investment banking need to be disciplined mostly because the profession requires them to work for long hours, employ hard work, in line with pursuing their duties with intense scrutiny as well as demands. In addition, investment bankers should show their capacity of being entrepreneurial by exercising innovativeness and creativity in the duties they pursue. Also, while the globe is connected, it is essential to realize that enterprises are not different. In this case, investment bankers should ensure they exercise open-mindedness to allow them to expand their understanding of societies and cultures, thus making it possible for them to operate in worldwide businesses. Lastly, investment bankers need relationship building skills, such as the capacity of dealing with challenging individuals in serious situations while at the same time portraying a positive attitude toward sustaining relationship with clients (Johnson & Johnson Service, 2017) .
Recommended Career Option
In recommending the ideal career, corporate finance would be the most appropriate. The career mostly lays emphasis on the financial activities that a company undertakes while decisions related to raising capital and investment also revolve around its domain. Its key role is to maximize business value via facilitating in making premeditated financial decisions, such as identifying avenues that can allow profit reinvestment, resource allocation, issuing debt securities or equity, and raising capital. The career is usually broader in scope while it also offers various job roles when likened to investment banking (Graduate Prospects Ltd, 2017) . The roles in investment banking are quite competitive than the ones in corporate finance while they are also challenging to come across. Moreover, in the area of corporate finance, it is possible for individuals to carve out career paths as financial analysis, accountants, account managers, advisors, and treasurers among other expert roles.
References
Graduate Prospects Ltd. (2017). Accountancy, banking and finance. Retrieved from https://www.prospects.ac.uk/jobs-and-work-experience/job-sectors/accountancy-banking-and-finance
Harvard College. (2017). Careers in finance. Retrieved from https://hr.harvard.edu/careers-finance
Johnson & Johnson Service. (2017). Careers in fnance. Retrieved from http://www.careers.jnj.com/finance
