Question: NEED HELP IN RESPONDING TO A DISCUSSION ULO 1- Explain the role of finance and the different types of jobs in finance (CLO 1 and

NEED HELP IN RESPONDING TO A DISCUSSION

  • ULO 1- Explain the role of finance and the different types of jobs in finance (CLO 1 and 2).

Finance plays a role in every industry you can think of. Finance professionals help companies stay in line with their financial goals by tracking where the company stood, where they currently stand, and where they will be in the future if certain decisions are made. Finance professionals work in several avenues in the business world - they monitor cash flow management, they perform cost controls to ensure that you are staying in budget, and they also weigh financial risks that the company may take (Role of Finance in Business, 2019).

There are several career options when deciding to get into the world of 'finance'. While an accountant is the first option that usually comes to mind, and is a solid career choice, there are many other options including brokers, financial analysists and managers, risk assessors, actuary, and investment bankers. According to the muse.com, most finance industries have a starting salary above the median in the United States with several opportunities for bonuses, and profit sharing.

References:

https://smallbusiness.chron.com/role-finance-business-290.html(Links to an external site.)

https://www.themuse.com/advice/careers-in-finance(Links to an external site.)

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