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There are many types of finance jobs available in todays economy. The finance industry had over 250,000 job openings in March 2018, so there are certainly many employment opportunities for prospective job seekers. Many of these jobs can be considered entry level, but there are also mid-level and higher jobs available.
Types of Finance Jobs
Within the finance industry, there is a wide variety of different types of positions. The largest segment is bank tellers, who earn an average annual salary of $28,000. In 2017, there were just over 470,000 bank teller positions. The next segment is insurance sales agents, with over 370,000 jobs. Insurance sales agents are one of the most popular, well-known types of financial careers. The average salary for insurance sales agents is approximately $67,000 per year. Financial advisors are the third most common role in this industry. There are over 360,000 jobs, and the average financial advisor salary is just under $100,000 per year.
Entry Level Jobs in Finance
There are many types of finance jobs that can be considered entry level. For instance, an individual with a four-year degree may be eligible for a financial advisor role with Edward Jones, Merrill Lynch or Raymond James. All of these firms have programs for college graduates. They providetraining and assist the applicants in obtaining their licenses and certifications. In return, the firms have high expectations for the new advisors with regard to sales, the acquisition of new assets and other quantifiable factors. For some, these programs are a great way to get a foot in the door of the finance industry. Bank tellers can also be entry-level positions, providing training and allowing the new employee to get familiar with the industry and prepare for more advanced positions.
The finance industry is huge and has employment opportunities of all types. Many of the entry-level jobs provide the basic knowledge and experience necessary to evolve the position into a profitable financial career.