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Tons of different career options when it comes to the finance major

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2023 Median Pay $69,990 per year

$33.65 per hour

Typical Entry-Level Education Bachelor's degree

Work Experience in a Related Occupation Less than 5 years

On-the-job Training Moderate-term on-the-job training

Number of Jobs, 2023 334,100

Job Outlook, 2023-33 1% (Slower than average)

Employment Change, 2023-33

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Quick Facts: Personal Financial Advisors

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Quick Facts: Personal Financial Advisors

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2023 Median Pay $99,580 per year

$47.88 per hour

Typical Entry-Level Education Bachelor's degree

Work Experience in a Related Occupation None

On-the-job Training Long-term on-the-job training

Number of Jobs, 2023 321,000

Job Outlook, 2023-33 17% (Much faster than average)

Employment Change, 2023-33 55,000

What Personal Financial Advisors Do

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The role of a Chief Financial Officer (CFO) has dramatically evolved over the years. No longer confined to traditional financial management, today’s CFOs are strategic partners who drive innovation, growth, and revenue for their organizations. A CFO’s role now encompasses leadership, technology, and business strategy as much as it involves financial oversight.

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The role of a Chief Financial Officer (CFO) has dramatically evolved over the years. No longer confined to traditional financial management, today’s CFOs are strategic partners who drive innovation, growth, and revenue for their organizations. A CFO’s role now encompasses leadership, technology, and business strategy as much as it involves financial oversight.

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“Investment advisors are people earning a living by assisting others, just as lawyers, doctors, accountants, and therapists do. We give advice based on our knowledge and experience”. The Globe and Mail, September 6, 2012

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“Investment advisors are people earning a living by assisting others, just as lawyers, doctors, accountants, and therapists do. We give advice based on our knowledge and experience”. The Globe and Mail, September 6, 2012

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The purpose of the MBA Finance Association (MBAFA) is to increase the reputation and visibility of the Broad finance program. Through this association, we assist members in pursuing and understanding finance careers and industry knowledge while enhancing their career opportunities at employers such as investment banks, corporations, investment management firms, commercial banks, consulting firms and financial news institutions.

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Allow tips and tricks for people who are interested in a field of finance. Basically, this club explains all the things you need to know about finance and how it works. They meet every Wednesday from 6:00-7:00 PM in the STEM building.

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Breezy Silver: silverbr@msu.edu, (517) 432-4181

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Breezy Silver: silverbr@msu.edu, (517) 432-4181

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The SFN will focus on this goal by having senior members (mentors) with at least one summer of “Wall Street” internship experience train members in perfecting their resume details, acing top-firm technical questions, and bringing in industry leaders to advise members in their professional journey as well.

Mentors are senior-level students that have had at least one internship experience within any field of finance, including Investment Banking, Investment Research, Equity Research, Private Equity, Fund of Funds, Insurance, etc.

Bi-Weekly meetings will cover a specific topic, handled by mentors. Topics include networking, cold-emailing, cold-messaging on job sites such as LinkedIn, resume workshop, finance technical interview Q&A, mock interviews, etc. An industry leader, for the SFN, is defined as an experienced employee within a financial field that has a professional relationship with an SFN mentor. Strong preference in reaching out to MSU alumni is conveyed to mentors.

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Allows students to learn about certain financial services and hold an account that walks you through the basics of a financial account and how to properly use one and navigate the financial world.

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Interview with my dad who is an owner of the IPS insurance company.

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Interview with my dad who is an owner of the IPS insurance company.

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My name is Nate Anderson and I am a 19 year old freshman at Michigan State University who is trying to study Finance at the Eli Broad College of Business. 

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My name is Nate Anderson and I am a 19 year old freshman at Michigan State University who is trying to study Finance at the Eli Broad College of Business. 

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For right now, I am a business preference major looking to transfer into the business college. To start, one goal or dream of mine is to be accepted into the business college for the fall semester of 2025. A second goal of mine is to be a financial advisor as my career when I am older and graduated from college. With this, I have a couple of concerns like how I understand how much time and effort this job takes and how many skills you need to be a successful financial advisor. The inspiration of this comes from my father who also studied finance but he owns an insurance company instead. He knows all the tips and tricks for finance and I really think he can help and guide me along the way.

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Club meetings for people who are interested in sports analytics but more specially hockey analytics. This club meets every Wednesday at 7:00 PM-8:00 PM. Great for people who are looking to learn more about analytics and sports or hockey in general.

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We are the Michigan State University Fishing Club. At our core, we are a social network of MSU students devoted to creating and enhancing angling opportunities.

Whether you are a devoted tournament angler looking to represent Michigan State in bass tournaments throughout the state and country, or a novice angler looking to expand your skills and make more friends to fish with, we are the perfect place for you.

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Professional Golf Caddie on The PGA Tour

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Professional Golf Caddie on The PGA Tour

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Job Overview: Professional golf caddie on the PGA Tour for Tiger Woods and Dustin Johnson. Helps them with what clubs to use, when to use them, reads greens, and is an overall assistance of the golfers as they try to win tournaments.

Loves and Challenges: Loves being outside, loves sports, he also loves being on the course even though he isn't playing. Being away from kids and family is a challenge and the overall grind and work he puts into it can also be a challenge.

How to prepare: Make sure you really like what you are doing, be passionate, and learn as much as you can as you go.

Networking: get to know everyone, interact, be friendly, and learn as much as you can from your surroundings.

Finding Success: Every week is a new week. If you fail, you get a new week to set back and learn from your mistakes.

My connection: This caddie studied Finance in college and ended up as a professional PGA Tour caddie and I would say this connects to me because I am also a finance major but have a love for sports and golf in general as well. I caddie back home in the summer time at a local country club near me so this video caught my eye right away considering he was a finance major as well and I would love to be a PGA Tour caddie one day.

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Career Services Network I Michigan State University

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Joe LaCava is a Professional Golf Caddie working on the PGA Tour. After getting his start in 1987 with golfer Ken Green, Joe spent the next 20 years of his career with PGA Tour Champion Fred Couple…

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Treasury Analyst and Author, Adventist Healthcare

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Treasury Analyst and Author, Adventist Healthcare

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Job Description: Treasury Analyst at a healthcare company in Maryland. Center view of the companies money and how it is flowing.

Loves and Challenges: Loves doing a lot of analysts, loves numbers, day to day operations of a company. The biggest challenge is to figure out the problems with reporting numbers and keeping track of all the reports.

How to prepare: Earning a bachelor degree in finance and earning a financial degree in planning is a great start, experience helps as well. Communication skills and public speaking is huge as well and can be very helpful.

UMGC Experience: Learn how to manage his money, learn how to save and only spend when needed. This allowed him to become a successful treasury analyst.

My connection: Being a first year student in college has allowed me to learn the same steps and ideas that he has considering I only have so much money and need to learn and adapt to the lifestyle here to save it. This also goes with my story as I am a finance major and learning to save and not blow all your money away can go a long way with finance.

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Senior Vice President and Commerical Lending Division Manager, Stock Yards Bank & Trust

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Senior Vice President and Commerical Lending Division Manager, Stock Yards Bank & Trust

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Job Description: Commercial banker and senior vice president. Sets up business plans, gets to know people who are involved, what kind of capital can certain people put into a business or investor.

Loves and Challenges: Always wanted to be a banker, been in banking for about 30 years. Loves being a salesperson and helping people. Biggest challenge is finding qualified people to join his team but it's a tight market and high demand for being a banker.

How to Prepare: Learn analysis curial thinking and understand numbers and how they add up, dig deeper and find what works for you or the business and ask questions and learn.

Finding Success: If you can leave a company or community better than when you got there, then that is a prime example of success.

Ball State Experience: Did a great job of preparing for his future and what he learned is very valuable, where he learned the right team is a critical point for success.

My connection: I love to help people and my community and this seems like a prime product of this career. Also, allowing yourself to help and be a sales person is also a goal of mine and I would really enjoy that. The finance major is a very broad and generic major where it can lead you to many different places and jobs in the future.

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Career Services Network I Michigan State University

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John is the Senior Vice President and Commerical Lending Division Manager at Stock Yards Bank & Trust. Located in Indianapolis, John and his team are responsible for the screening of applications and lending of commercial loans for area businesses. With loans in the million dollar range, John spends the majority of his time researching potential applicants to ensure the loans he puts through will result in long-term relationships with community leaders.

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Senior Vice President and Commerical Lending Division Manager, Stock Yards Bank & Trust

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John is the Senior Vice President and Commerical Lending Division Manager at Stock Yards Bank & Trust. Located in Indianapolis, John and his team are responsible for the screening of applicatio...

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-takers are self serving interactors

- givers are people who ask others what they can do for others

-everyone has moments of giving and taking

-most people are in middle of giving and taking

-sales, the lowest revenue was to people who care about others too much

Personally, I see myself more as a giver as I love to talk to people and help them out as much as I can. As I care about giving and helping others, I also care about my self and don't let giving interfere with my personal goals or ambitions.

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''Most clients are unfamiliar with the information that they are being presented by with the writer.''

''Email is very common in this work field.''

I found these quotes interesting and significant as I would think the information being presented would be somewhat familiar considering it is in their field of study. Also, with all the advanced technology these days, I would think zoom or in person meetings would be the most common for communication with this job.

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How they use different ways of communication based on what everyone is comfortable with

Most common writing is just replying to emails and constant messages

Most clients are unfamiliar with the information that they are being presented by with the writer

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Fitting characteristics

Feel I am very creative in many situations

Also emotionally driven

Enthusiastic

Why?

I would say every situation in my life, I tend to get very creative no matter what it is. I always have so much going through my head and it allows for me to be creative. I am very enthusiastic and driven as a person as well. I want to be the best in everything I do but I am also a good guy to be around and have a positive attitude.

Contextualization and Definition

I feel all these traits suit and describe me as a person very well and that's why I believe the blue color is one that fits with me and relates to my personality. While being creative and enthusiastic, I still am very driven and passionate about everything.

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Fitting Characteristics

Very logical

Also independent thinker

Focused and efficient

Why?

I would say green represents me the most  considering I always like to think for myself and am very focused no matter what I am doing. Whether that be school, sports, or even at work, I am focused no matter what. This also allows me to be efficient and get what I need to get done.

Definition and Contextualization

All of these traits describe myself and my personality and green fits me the best compared to any of the other colors. I always think of myself as a logical thinker who is also very independent and focused on my goals and aspirations.

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The main purpose for me personally was to grow and overall learn the most I could about my intended major I am studying. For example, seeing if the interests and abilities that come with my major suit me and who I am as a person. After completing this project, I realized I am in the right spot and can do a lot with the finance major. In addition to this, knowing what professions and careers are involved allowed me to get an idea of what I want as I grow older as a person.

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When reading or looking at this project, my intended audience is someone who just like me is interested in the business career field. More specially finance as that is what I focused on when completing this project. I want my audience to see how many different job options there are available when studying finance. Anyone can go a long way with it and I want to reach out to the ones who are unsure what they want to study in the business field or what they want to study in general.

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When first starting this project, I wasn't expecting all these different jobs and how far you can go with a finance degree. I always thought finance always had something to do with money and really nothing else. As money is of course involved, you can do a lot of other things like become a professional golf caddie. I found this very interesting and was satisfied that I got to learn about all the different options.

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At first, I was unsure of how my story would fall into place with this major and how it affects me. My whole goal was to test and see if this was really the best fit for me and it worked out well considering I learned it is the perfect fit for me regarding my goals and what I want as a job when I am older. This project was an overall success for me as I learned more about myself but also what I want. For example, I always wanted to be involved in money and know how money flows and works throughout the world and finance is perfect for this and I am very happy with my chosen major.

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Going into the project, I was unsure what the whole point or purpose was. As it went on and I completed my interview, it would be an understatement to say I learned some things. I not only learned a bunch about my intended major but also realized I am in the right field. Interviewing my father who also was a finance major taught me a lot and showed examples of how he runs his company and is successful in doing so. I also found the candid career videos to be a huge help as they gave me examples of how many different jobs and careers there are within finance and business in general. The entire process of that came with this project allowed me to learn and dive deeper into what a finance major really is. It taught me important certain skills you need like communication with others, knowing how to work with others and also being professional in every way possible. Like my dad stated in the interview how he always acts professional in every situation no matter what and how it has helped him with working with clients and being successful in doing so. I enjoyed making this project and doing my interview considering how much I learned and how I finally realized I am in the eight place with my major that I chose which is finance.

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For the creation of my project, I tried to center it around my story as much as I could. I wanted to relate each part and aspect of the project to myself. I believe the entire point was to learn as much about yourself and what you chose to study, so by doing this it led me to succeed in the entire creation of the project. I started with the interview and then put each smaller piece after. By starting with the interview, I realized I learned the most talking and questioning someone 1on1. My father gave certain examples of how he communicated with customers or whoever he may be dealing with. I found this to be the entry level of my project and from here everything sort of fell into place. After this, I didn't do a certain order for the other 12 parts. I found that with my interview complete, I really could have put those anywhere scattered through out the project and anything would have worked. Overall, having the interview done first was a huge step in my success and it allowed all other pieces to fall right into place and also allow my project to be detailed and interesting for my audience.