Wednesday, 8 March 2017

5 best financial careers for women

An engineer, a journalist and an investment banker walked into a restaurant. They had a hearty meal. Eventually, the banker footed the bill. You know why? Because investment banking is one of the highest-paying jobs around the world, not just in India.
And that’s not all. The financial industry, in general, tends to pay higher salaries on average.
Plus, women are naturally good at saving. They have a way of cutting corners and saving in all ways possible. So, they could easily apply their financial know-hows in the world of finance.
So we put together a list of careers women can have in the field of finance:
Here are 5 options worth considering:
1.      Wealth Manager:
Women can make a great career as a Wealth Managers. They can deal with independent companies, which allows them to break through glass ceilings. The opportunities for growth are abundant in wealth management. And success can be quite rewarding. So, it can be a fulfilling career path for women.
2.     Insurance agent:
The participation of women in the Insurance sector is increasing at a fast pace. More and more women are looking at it as a convenient and viable employment option. As a woman, it gives you the freedom to work at your own pace and at your own time. You can use this opportunity to mingle with your community and earn attractive compensation. Women are often good listeners. They also tend to have good convincing skills. This can help them connect with their customers better. They can relate to the insurance aspect at an emotional level. This makes insurance a good career option.  
3.     Banker:
Women are usually good at money management. And where better to utilize this other than in a bank. Today women are not just working in the banks, but are also managing it. You can see a large number of women in executive positions. They are planning strategies, implementing policies and taking decisions. This makes the industry-friendly to women.
4.      Financial planner:
Financial planners can charge a fee and also run their own independent firms. This allows them the flexibility to manage their career and work in a way that suits their needs. They can take a call on when to schedule their meetings, the work timing, etc.  Plus, making financial plans for clients that could help bring order to their life can be quite satisfying as well. This makes it a viable career option for women.
5.     Mutual fund distributor:
A lot of people like to invest but do not want the stress of doing it themselves. This is where mutual fund distributors help. As more and more people recognize the importance of investing in high-return options like mutual funds, distribution becomes an important and lucrative field.

To sum it up
It pays well. It can be quite satisfying. It allows independent work, making it flexible enough to suit any woman. That’s why finance can be quite a lucrative career option for women.

(Source: https://in.finance.yahoo.com/)

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