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10 Reasons To Study To Work In Finance

Careers take twists and turns along the way, such that there are times when a couple of career shifts are done. According to some career specialists, there are only very few careers which are exactly black and white. As such, grabbing careers which offer a clear direction is one of the most practical things to do.

Finance is a career option which offers a clear direction and a lot of options. Nobody would certainly say no to a clear career direction. Therefore, finance is a good career option to pursue. Here 10 ten reasons to work in finance.

1. Vast job opportunities. A strong employment growth for finance related jobs is predicted by the US Bureau of Labor Statistics because of the increase in the need for financial transaction scrutiny, as well as the changing financial legislation.

2. Bright career path. A finance career in one of the most-focused careers which provide a clear career path. With this career, getting into a job right after graduation is not surprising. With the great amount of entry options, it will be no time at all before you start on a job.

3. Great compensation package. Finance jobs are undeniably one of the highest paid white collar jobs. Depending on the type of finance practice, the compensation is way above what most other career options offer.

4. Job comes with prestige. A finance job includes working with a company in raising money for continuous operation. This job description is prestigious in the sense that not everybody is given the chance to do this job.

5. Tasks are challenging. With a finance job, you are definitely challenged everyday with the various responsibilities that are very crucial to the company’s welfare.

6. Provides continuous learning. Learning never stops with finance jobs. Every day is a new day to learn new things.

7. Takes you places. If you work for a government branch, or a private company as a finance officer or manager, you will be given the chance to go places for trainings, workshops, or simply for work.

8. Competitive. With the number of finance job vacancies and the amount of finance graduates, there is no room for slack. Since the competition is stiff, you need to be in constant updates of knowledge and skills.

9. Opportunities are long term. Unlike other careers which seem to be in demand for a certain time, finance careers are long term. For as long as companies, industries, business, and the government exist, there would always be job opportunities for finance.

10. Highly demanded. Since finance jobs are important in any company, business, or government; these jobs are deemed indispensable. As such, demands for finance jobs increases over time with industrialization and commercialization.

There are a lot of options for a career in finance including Interim Finance Jobs and Accountancy Jobs.

Thesis: Study on UK Banking Industry

Sample Thesis Paper

Relevant Analytical Frameworks

The analytical framework is the most important part of any research. This is because of the fact that the analytical framework plays a crucial role in ascertaining the direction of the research and the degree to which data is analyzed (Goddard and Melville 2004). It also considers the approaches through which the research shall analyze the collected data and the manner in which the analysis shall yield information (Kumar 2008).

The research shall follow an analytical framework that shall seek to bring together a quantitative and a qualitative perspective (Trochim 2006). Initially, the research will study the banking industry in the UK. This section will be essentially qualitative and somewhat exploratory. Once a thorough insight into the UK banking industry has been acquired, the research will move on to establish the perception that consumers have towards banks in the UK. This section will entail the quantitative part of the research where primary data will be collected via survey questionnaires/interviews and will be subsequently subjected to statistical tools in order to determine the exact nature customer satisfaction for banks in the UK (Taylor, Gautam and Ghoshal 2006).

Secondary Research

PESTLE Analysis

The research shall incorporate an in-depth PESTLE analysis of the UK banking industry in order to acquire a thorough insight of the variables that influence it. The PESTLE analysis shall constitute an environmental, legal, technological, social, economic and political overview (Elearn Limited 2005). Each component shall be covered in detail with an elaboration of its development over the last few years and its current standing. The PESTLE analysis facilitates the study by providing an overview of the developments that have taken place in society that are relevant to the subject of the study and that have an influence on it (Fullen and Podmoroff 2006). The factors discussed in the PESTLE analysis help to determine the validity of the core cultural values of the subject of the study. The PESTLE analysis will allow the study to develop a clear understanding of the external environment that exists for banks in the UK. The central purpose of the PESTLE is to establish the approaches that banks in the UK have the capacity of adopting and those that they cannot adopt on account of pressure from external variables.

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