The best job of your life? Financial management internship
- by admin
The best jobs of your career, from banking to finance, can be the source of great pay, prestige and security, says a recent study by PricewaterhouseCoopers (PwC).
Financial management interning is one of the most lucrative career paths, according to PwC.
The global consultancy firm analysed more than 1,500 jobs in the financial services sector.
“Financial management is the most popular type of financial management internship in the UK, accounting for more than half of all financial services internships,” said PwCs report.
“Internships are also the most common type of internship for people from a wide range of industry and backgrounds.”
This means that internships can be a great source of income for financial managers looking for new work opportunities.
“Financial management internship can be as simple as a desk job to a full-time role.
It is also possible to work in a variety of roles.
The most common types of financial services jobs include financial advisors, tax advisors, credit analysts and risk specialists.
The jobs pay £30,000 per year, but there are also some opportunities for higher-paying jobs in a finance industry that are paid well over £50,000.
The report also found that financial management interns were generally well paid, with some earning up to £130,000 each year.”
Our research suggests that financial managers are often paid well above the national average,” said Rachel Jones, senior director of finance and compliance at PwCC.”
There is a real opportunity for financial management interns to get involved in the finance industry for a living and, at the same time, to enjoy their jobs and be part of a diverse, supportive work environment.
“Financial managers are also expected to be proactive in their financial decisions, but it is the amount of time spent managing clients’ money that is the key.
The highest-paid financial management positions are in the technology and finance sector, with a median salary of £155,000 in the information technology and analytics industry.
Financial managers in the health care and healthcare sectors have the highest salaries, at £157,000, while finance and investment analysts and business analysts have salaries of between £100,000 and £150,000 annually.
For financial managers who have completed a finance internship, there are opportunities to make money as a financial advisor, accountant, risk manager or investment advisor.
PwCs study also revealed that financial analysts and finance consultants earned the highest pay, at an average of £120,000 a year.
For graduates, the most attractive option for financial interns is the finance, insurance and property markets, where they can earn up to more than £140,000 ($160,000) a year, according the report.
The financial management job market is also changing.”
For the first time, more young people are going into finance.
They are entering the finance sector for the first to two years and they have the same job expectations,” said Jones.”
The job market has changed dramatically in the past three years, and we’re seeing more people enter finance.
“Pwcc said that financial interns have also begun to apply to other jobs, including those in retail and hospitality, as a result of the economic downturn.”
Young people who have been in finance for a long time are becoming more financially active, so it’s a great opportunity for them to get in touch with their passion,” said Davies.
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