The words you are searching are inside this book. To get more targeted content, please make full-text search by clicking here.

DA4197-WEL-Finance-Career-Guide

Discover the best professional documents and content resources in AnyFlip Document Base.
Search
Published by Kyle Danzey, 2018-12-13 12:16:45

Finance Careers

DA4197-WEL-Finance-Career-Guide

Wiley Efficient Learning™

The Ultimate Guide to
a Career in Finance

efficientlearning.com

Wiley © 2017

Wiley Efficient Learning ™

The
Ultimate Guide
to a Career
in Finance

Introduction: Why Choose a Career in Finance? 3
Finance Industry Jobs, Salaries & Outlooks 4
Steps to Starting Your Career in Finance 10
Certification and Licensure 12
Top 15 U.S. Finance Scholarships 15

The Ultimate Guide to a Career in Finance efficientlearning.com 2

Wiley Efficient Learning ™

Introduction

Finance covers a lot of ground and includes not only how money is managed but also the process of how funds are
acquired. It is commonly broken into three subcategories—personal finance, corporate finance and public finance—
each of which requires a different skillset and mindset; however, the principles remain similar and each role requires
a familiarity and comfort with certain aspects of accounting. The management of money requires sourcing money,
which can be done personally or through a bank or through corporate funds, depending on the financing being
handled. So, a job in finance requires not only understanding accounting principles, but also a clear understanding of
the best tactics for raising and investing capital.
This guide is meant to provide you with a quick overview of potential careers in finance, including their salaries and
job outlooks, and detail how you can best position yourself to land a great job. This guide also includes background
information on educational programs, scholarships and professional certifications.

Why Choose a Career in Finance?

A career in finance offers high pay and fast career placement after graduation. For example, the U.S. Bureau of Labor
Statistics estimates the number of financial analyst jobs, which enjoyed a median pay of more than $81,000 in 2016,
will grow by more than 12% through 2024, well above most categories.

$100 $200k

Hourly wage
Annual wage
$50 $100k

0 0
0 25% 50% 75% 100% 0 25% 50% 75% 100%

Percentile Percentile

For personal finance advisors, the growth rate over the same period is nearly 30%, so there is no shortage of
opportunity for people interested in finance as a career, especially in the United States. Elsewhere, finance jobs are
growing at equal or faster rates in parts of Europe and Asia, outpacing most industries.
And for those with a solid background and/or professional credentials, job opportunities are especially good.
Finance related positions are viewed as crucial organizational functions and are a profit center within corporations,
not just for Wall Street investment houses.

The Ultimate Guide to a Career in Finance efficientlearning.com 3

Wiley Efficient Learning ™

Finance Industry Jobs, Salaries & Outlooks

Most people have heard about investment banking due to its renowned competitiveness and high pay, but not
everyone realizes there is wide range of finance careers that extend beyond supporting banks—and which still offer
similarly impressive pay packages. Some finance positions require skills similar to accountants but, even though
accounting is certainly part of the job, there is clearly a focus on managing and investing as compared to auditing how
money is used.
Common job titles within investment banking include Financial Analyst, Financial Consultant, Portfolio Manager,
Investment Banker, Financial Advisor, Risk Manager, and Credit Analyst, among many others. Each has its own
career path; however, in general it takes two years or more to move to a higher-level position, so substantial career
progression requires long-term commitment.

Financial Analyst

All financial analysts analyze financial information, however, this position differs greatly by organization and industry.
Within a corporation, you may be analyzing the financials of your company and its investments. You could be looking
for financial issues, running the numbers for new projects, or simply doing ad hoc reporting and analysis.
If you are a financial analyst within an investment organization, you’ll likely be tasked with examining the financials of
outside companies you’re looking to invest in, buy and sell. This requires a broad base of knowledge about different
kinds of companies within industries as well as understanding how and why investments are made.

Job Outlook (U.S. Only): Financial Analyst Global Median Salaries:

2016 Median Pay $81,760 per year, $39.31 per hour Hong Kong: $65,320
($509,065 Hong Kong Dollars)
Entry-Level Education • Bachelor’s degree Singapore: $67,107
• Recommended Licenses/Designations: ($92,908 Singapore Dollars)
Number of Jobs, 2014 Sydney: $103,069
Job Outlook, 2014-24 - Financial Industry Regulator ($136,878 Australia Dollars)
Employment Change, Authority (FINRA) New Delhi: $10,600
(682,544 Indian Rupees)
2014-24 - CFA designation Frankfurt: $72,917 (65,130 Euro)
277,600 London: $78,939
12% (Faster than average) (61,913 British Pound)
32,300
Source: Economic Research Institute, June 2017
Source: U.S. Bureau of Labor Statistics, June 2017

The Ultimate Guide to a Career in Finance efficientlearning.com 4

Wiley Efficient Learning ™

Finance Industry Jobs, Salaries & Outlooks

Financial Consultant or Financial Advisor

A financial consultant or advisor generally works with companies or individuals concerning their financial situation.
Most consultants or advisors focus on specific offerings to differentiate themselves from others. Potential consulting
can be on topics that include taxes, investments and insurance decisions. Personal financial consultants or advisors
work closely with clients to offer personalized financial advice, and may direct the buying and selling of stocks and
bonds on behalf of clients. Some financial advisors work for large banks but many work in smaller organizations. If a
financial consultant works within a consulting firm, he/she often focuses on the financial needs of a specific business
or industry, such as hospitals.

Job Outlook (U.S. Only): Financial Advisor Global Median Salaries:

2016 Median Pay $90,530 per year, $43.53 per hour Hong Kong: $53,443
($416,508 Hong Kong Dollars)
Entry-Level Education • Bachelor’s degree Singapore: $54,905
• Recommended Licenses/Designations: ($76,015 Singapore Dollars)
Number of Jobs, 2014 Sydney: $84,329
Job Outlook, 2014-24 - Financial Industry Regulator ($111,991 Australia Dollars)
Employment Change, Authority (FINRA) New Delhi: $8672.85
(558,445 Indian Rupees)
2014-24 - CFA designation Frankfurt: $59,592 (53,228 Euro)
249,400 London: $64,586
30% (Much faster than average) (50,656 British Pound)
73,900
Source: Economic Research Institute, June 2017
Source: U.S. Bureau of Labor Statistics, June 2017

The Ultimate Guide to a Career in Finance efficientlearning.com 5

Wiley Efficient Learning ™

Finance Industry Jobs, Salaries & Outlooks

Portfolio Manager

A portfolio manager makes investment decisions for an individual’s or business’s portfolio. This professional often has
years of prior experience as a financial analyst and knows intimately how to value and choose investments. A portfolio
manager often manages investments toward a clearly defined client objective or portfolio focus (i.e., growth, small
cap, value, etc.), acceptable level of risk, and desired return goals. A portfolio manager can manage investments for
one person, a group of people or for an institution. Institutional roles could include the management of retirement
funds, endowments, foundations or some other pool of money.

Job Outlook (U.S. Only): Portfolio Manager Global Median Salaries:

2016 Median Pay $123,000 (at least 5-7 yrs experience), Hong Kong: $50,524
Entry-Level Education $59.13 per hour ($393,757 Hong Kong Dollars)
$83,761 per year(includes entry-level), Singapore: $51,927
Job Outlook, 2014-24 $40.27 per hour ($71,893 Singapore Dollars)
Sydney: $79,721
• Master’s degree ($105,872 Australia Dollars)
• Recommended Licenses/Designations: New Delhi: $18,044
(1,161,859 Indian Rupees)
- F inancial Industry Regulator Frankfurt: $51,909 (46,365 Euro)
Authority (FINRA) London: $68,844
(53,996 British Pound)
- CMT designation
- CFP designation Source: Economic Research Institute, June 2017
- FRM designation

27% (Much faster than average)

Source: U.S. Bureau of Labor Statistics, June 2017

The Ultimate Guide to a Career in Finance efficientlearning.com 6

Wiley Efficient Learning ™

Finance Industry Jobs, Salaries & Outlooks

Investment Banker

An investment banker is in the business of raising money for companies, governments or other entities. The
investment banker can work within a financial institution or for a division of a large bank. Investment bankers will be
involved with large and potentially complicated financial transactions. They help shape financial deals to raise money
for expansion, acquisition, merger or sale of a business. This also includes the initial public offering of a company’s
stock, as this is done to raise money for the company to meet its objectives.

Job Outlook (U.S. Only): Investment Banker Global Median Salaries:

2016 Median Pay $104,970 per year, $50.47 per hour Hong Kong: $71,713
($558,892 Hong Kong Dollars)
Entry-Level Education • Bachelor’s degree Singapore: $73,700
• R ecommended Licenses/Designations: ($102,037 Singapore Dollars)
Number of Jobs, 2014 Sydney: $113,134
Job Outlook, 2014-24 - F inancial Industry Regulator ($150,245 Australia Dollars)
Authority (FINRA) New Delhi: $26,065
(1,678,327 Indian Rupees)
- CFA designation Frankfurt: $79,567 (71,069 Euro)
- CAIA designation London: $106,404
(83,454 British Pound)
255,400
Source: Economic Research Institute, June 2017
4%

Source: O*NET OnLine, June 2017

The Ultimate Guide to a Career in Finance efficientlearning.com 7

Wiley Efficient Learning ™

Finance Industry Jobs, Salaries & Outlooks

Risk Manager

Risk managers monitor and mitigate financial risk within a company. Specifically, they identify and assess threats
to the company, put plans in place to combat such threats, and decide how to avoid, reduce and transfer risks from
the company. For a finance professional, the focus is on utilizing financial instruments to manage the organization’s
exposure to risk, which can include a multitude of exposures, including operational, credit, market, foreign exchange,
etc. Various industries utilize risk managers as they are valuable to protect the company’s interests, so jobs for these
professionals span the financial, insurance, loss control, legal, and accounting spaces.

Job Outlook (U.S. Only): Risk Manager Global Median Salaries:

2016 Median Pay $121,750 per year, $58.54 per hour Hong Kong: $58,169
($453,335 Hong Kong Dollars)
Entry-Level Education • Bachelor’s degree Singapore: $69,986
• R ecommended Licenses/Designations: ($96,882 Singapore Dollars)
Number of Jobs, 2014 Sydney: $91,802
Job Outlook, 2014-24 - CMT designation ($121,915 Australia Dollars)
Employment Change, - FRM designation New Delhi: $16,348
555,900 (1,052,640 Indian Rupees)
2014-24 7% Frankfurt: $74,367 (66,425 Euro)
37,700 London: $89,443
(70,152 British Pound)
Source: U.S. Bureau of Labor Statistics, June 2017
Source: Economic Research Institute, June 2017

The Ultimate Guide to a Career in Finance efficientlearning.com 8

Wiley Efficient Learning ™

Finance Industry Jobs, Salaries & Outlooks

Credit Analyst

A credit analyst is responsible for assessing the credit worthiness of a business or person. Usually a credit analyst will
work for a commercial or investment bank and be responsible for performing various financial and ratio analyses.
Within the scope of investing, a credit analyst will look at potential fixed income investments and analyze whether
they are suitable for purchase or sale, depending on the business objectives. These professionals often have a
background in accounting, finance, statistics or economics.

Job Outlook (U.S. Only): Credit Analyst Global Median Salaries:

2016 Median Pay $69,930 per year, $33.62 per hour Hong Kong: $40,719
($317,344 Hong Kong Dollars)
Entry-Level Education • Bachelor’s degree Singapore: $57,998
• Recommended Licenses/Designations: ($80,286 Singapore Dollars)
Number of Jobs, 2014 Sydney: $64,297
Job Outlook, 2014-24 - CMT designation ($85,388 Australia Dollars)
Employment Change, - CFA designation New Delhi: $9,076
- FRM designation (584,022 Indian Rupees)
2014-24 34,300 Frankfurt: $70,438 (62,915 Euro)
8% London: $57,744
37,700 (45,590 British Pound)

Source: O*NET OnLine, June 2017 Source: Economic Research Institute, June 2017

The Ultimate Guide to a Career in Finance efficientlearning.com 9

Wiley Efficient Learning ™

Steps to Starting Your Finance Career

1. Get the right degree

You may think you don’t have to possess a degree to get a job in finance, but you’d be wrong. A bachelor’s degree is
now the bare minimum requirement for almost any financial job. So, choose your degree and university carefully as
some companies or banks limit their hiring to specific universities. Make sure the college or university you choose
has a solid business school and strong reputation in the finance industry. Also, if you want to move to a new location,
ensure that your university has a large footprint that is recognized in the area you wish to find a job. While science
and engineering degrees are popular options, especially outside the U.S., know that you will need to supplement your
undergrad degree with further finance-related education. Earning a Master of Business Administration (MBA) is the
most common and direct route. An MBA is also fast becoming a basic requirement to land a job on Wall Street.

Popular U.S. Universities for Future Finance Professionals

School Location In-State Out-of-State Enrollment Acceptance Rate
University of Pennsylvania Philadelphia, PA $51,464 $51,464 21,395 10%
New York University New York, NY $49,062 $49,062 50,027 33%
Massachusetts Institute of Technology Cambridge, MA $48,452 $48,452 11,331 8%
University of Michigan Ann Arbor, MI $13,856 $43,476 43,651 26%
University of Texas Austin, TX $9,806 $34,676 50,950 39%
University of California Berkeley, CA $13,509 $40,191 38,204 15%
Indiana University Bloomington, IN $10,388 $34,246 48,514 78%
University of North Carolina Chapel Hill, NC $8,834 $33,916 29,084 30%
University of Virginia Charlottesville, VA $15,722 $45,066 23,883 30%
Carnegie Mellon University Pittsburgh, PA $52,040 $52,040 13,648 24%

2. Pursue a specialty

As you can see, finance is a wide-ranging industry and earning a degree targeted toward this area of business presents
you with a lot of options. Graduates can find jobs in accounting departments, finance departments, education, sales,
banking, financial advising -the list of career options is endless. Most entities need someone with an analytical mind
who can read financial data, interpret it and communicate findings and recommendations. During your education,
you will have a few years to decide, but ensure you research the types of jobs you find most interesting. You should
eventually specialize in one facet of finance as specialization is the best strategy for a long and successful career.

This is where earning one or more specialized credentials—such as the Charted Financial Analyst® (CFA), Charter
Market Technician® (CMT) or Financial Risk Manager (FRM) designations—can truly help you to stand out and advance
in your career.

The Ultimate Guide to a Career in Finance efficientlearning.com 10

Wiley Efficient Learning ™

Steps to Starting Your Finance Career

3. Get a job

After you’ve completed your post-secondary education, it’s now time to get a job. Remember it’s not just what you
know, it’s also who you know—so put much effort into building and leveraging personal connections by going to
conferences, job fairs, educational seminars and other networking events.

In order to continue to differentiate yourself, try to gain early career experience through internships. You may think
it’s too early to start, but earning a professional credential can be a dramatic help in landing your first few jobs out of
college. It may seem like your learning is done when school is, but it’s only beginning. Those who succeed never stop
learning.

WA Annual mean wage
OR
$56,090 - $74,760
NV $74,840 - $79,210
CA $79,350 - $91,740
$92,570 - $129,640

MT ND VT ME
ID SD
NE MN NY NH
WY WI MI
KS
UT IA PA CT MA
CO MO RI
IN OH VA NJ
IL WV NC
MD DE
KY
AZ NM OK
TX XX

AR SC
MS
AL GA
LA
AK
HI FL

PR

The Ultimate Guide to a Career in Finance efficientlearning.com 11

Wiley Efficient Learning ™

Certification and Licensure

Employers are now looking for job candidates who have additional credentials that demonstrate they have the pre-
requisite skills and knowledge necessary for a specialized job in finance. Every university is different in their teaching
methods and the materials, so professional credentials are seen as a great way to level the playing the field and
ensure candidates have the basic knowledge to do the job on day one.

Chartered Financial Analyst (CFA)

Considered the “gold standard” in the investment industry, professionals who pursue the CFA charter are generally
from the corporate and investment worlds—financial advisers, investment banking analysts, portfolio managers,
private bankers, research analysts, and traders. The CFA charter is issued by the CFA Institute. For those finance
professionals who may decide to pursue a career specializing as a risk manager, financial advisor, or chief executive,
the CFA charter may be a good option.
The CFA exam is offered only on certain dates. Level I is offered twice a year, a single day in June and a single day in
December. Level II and Level III are offered only once a year, on the same date in June. The CFA exam is a pencil-and-
paper exam.
The three levels of the CFA exam do not test subject matter separately. Instead, each level of the exam builds on the
prior exam and covers many of the same subjects but at broader and deeper levels. Some of the areas covered are
ethics, economics, financial statement analysis, equity valuation, fixed income, portfolio management, etc.
You can expect to spend about $3,000 on exam fees for all three levels, which does not include your review materials.
The CFA Institute recommends you commit to at least 300 hours of studying for each level of the exam, or 15-20 hours
a week for four to six months. You need a bachelor’s degree or four years of professional experience to sit for the exam.
You also need four years of experience to become a CFA Charterholder.
www.cfainstitute.org

Certified Financial Planner (CFP)

The CFP designation is another highly regarded professional designation. That’s because Certified Financial Planners
have completed extensive training and are held to rigorous ethical standards. They typically excel as financial advisors
or consultants and/or working in insurance, brokerage houses, or the banking industry. Having a financial background
is a great fit, as the knowledge and analytical skills are a must for any advisor.
To obtain the CFP designation, a bachelor’s degree is required as well as three years of professional experience
in the financial-planning process, or two years of apprenticeship experience that meets additional requirements.
In addition, completion of the CFP Board’s coursework component is required. After successful completion of the
education component, the candidate can sit for the CFP exam.
The CFP exam is offered three times a year, each over a five-day period. The CFP exam is offered in two three-hour
sessions at Prometric testing centers. The exam fee is around $600, which does not include costs of your coursework
or review materials.
www.cfp.net

The Ultimate Guide to a Career in Finance efficientlearning.com 12

Wiley Efficient Learning ™

Certification and Licensure

Financial Risk Management (FRM)

As businesses become increasingly competitive and concerned about managing risk, earning the FRM designation
is an excellent way to distinguish yourself and your ability to add value to an organization. Offered by the Global
Association of Risk Professionals (GARP), the FRM designation is viewed as the globally recognized standard for risk
professionals and signals to employers that you are serious about risk management and that you have had your
knowledge validated against international professional standards.
To earn this designation, you must pass two separate FRM exams, and complete a minimum of two years of full-
time work experience in the field of financial risk. Only finance-related vocations are considered as acceptable work
experience.
The two FRM exams (Part I and Part II) are computer-based and only offered one day in May and one day in November.
You must pass Part II of the exam within four years of passing Part I. The total exam fee is roughly $700 but that does
not include the cost of coursework or review materials or annual membership dues.
www.garp.org

Chartered Market Technician (CMT)

The Chartered Market Technician® (CMT) credential is the preeminent, global designation for practitioners of technical
analysis. Administered by the Accreditation Committee of the Market Technicians Association (MTA), Inc., the
designation is awarded to those who demonstrate mastery of a core body of knowledge of investment risk in portfolio
management settings.
The CMT exam consists of three separate levels and each of the exams is computer-based and administered at
Prometric test centers around the world. The Level I and II exams are multiple choice and machine graded, and then
the results go through a psychometric review. This process requires candidates to wait approximately four weeks
before receiving their final scores.
The total cost for all three levels of the exam approaches $1,500, which doesn’t include the $675 cost of program
coursework, annual MTA membership fees or any additional review materials.
www.mta.org

The Ultimate Guide to a Career in Finance efficientlearning.com 13

Wiley Efficient Learning ™

Certification and Licensure

Chartered Alternative Investment Analyst (CAIA)

Chartered Alternative Investment Analyst (CAIA) is a professional designation offered by the CAIA Association to
investment professionals who specialize in “alternative investments” such as hedge funds, private equity, real assets,
commodities, and structured products. The CAIA curriculum is designed to provide finance professionals with a broad
base of knowledge in alternative investments.
The CAIA program is divided into two levels and the CAIA Association recommends at least 200 hours of study to
pass the exam for each level. Level I focuses on the fundamentals of alternative investment markets, while Level II
concentrates on advanced topics in alternative investments. Both levels take a global perspective and incorporate
issues of ethics and professional conduct. Candidates can take both levels of the CAIA exam via computer anywhere in
the world and at any time.
The total cost for both levels of the exam approaches $2,500, which doesn’t include the $400 cost of program
enrollment, annual CAIA membership fees or the cost of any review materials.
www.caia.org

Certified Investment Management Analyst (CIMA)

CIMA professionals integrate a complex body of investment knowledge, ethically contributing to prudent investment
decisions by providing objective advice and guidance to individual investors and institutional investors. The CIMA
certification program is the only credential designed specifically for financial professionals who want to attain a level
of competency as an advanced investment consultant.
The CIMA certification program takes most candidates nine months to a year to complete. Candidates must first pass
a background check and pass a two-hour qualifying exam before enrolling in an in-person or online program with a
business registered with the IMCA. After completing the course, candidates must then pass a comprehensive four hour
qualifying exam.
According to the IMCA, the total cost for certification ranges between $5,000 and $8,000, depending on the options
chosen.
www.imca.org

Investment Banking

For a career in investment banking, there are no specialized credentials required (though many expect you to eventually
earn the CFA charter to advance), but you will need to have advanced knowledge of financial modeling and valuations.
While some of these concepts are covered in undergraduate or MBA curriculums, it can often be helpful to extend your
knowledge and comfort with valuation models by pursuing outside education opportunities.
Internships offer a route into the industry, but competition is fierce and the interview process tough. In addition
to acquiring the right technical skills, be sure to think through how you might answer typical behavioral interview
questions, and there’s no excuse for not doing your homework on the hiring company and their recent deals and
transactions.

The Ultimate Guide to a Career in Finance efficientlearning.com 14

Wiley Efficient Learning ™

Top 15 U.S. Finance Scholarships

AFWA Undergraduate Scholarship Program

Amount Varies
Requirements
Applicants must have completed at least their sophomore year, have a minimum of
Deadline 60 college credits, carry a minimum cumulative GPA of 3.0, and be attending a senior
Contact university in the United States.

April 1st

(800) 632-2163
[email protected]
www.afwa.org/foundation/scholarships

ALPFA National Hispanic Scholarships

Amount Up to $10,000 annually
Requirements
Eligible candidates must be U.S. citizens or legal permanent residents, be attending a
Deadline four-year accredited university, have at least junior-level status, and possess a minimum
Contact overall GPA of 3.0.

January 31

(213) 243-0004
[email protected]

AXA Achievement Scholarship

Amount $10,000 one-time award (52 available)
Requirements
Eligible applicants must be U.S. citizens, be graduating high school seniors, represent
Deadline ethnically diverse backgrounds, demonstrate outstanding achievement in school, and
Contact exhibit the ambition to excel in college.

December 15

(800) 537-4180
[email protected]
www.us.axa.com/axa-foundation/AXA-achievement-scholarship.html

The Ultimate Guide to a Career in Finance efficientlearning.com 15

Wiley Efficient Learning ™

Top 15 U.S. Finance Scholarships

Daniel B. Goldberg Scholarship

Amount $12,000 for graduate students
Requirements
Candidates must already possess a bachelor’s degree, have citizenship in the U.S. or
Deadline Canada, and exhibit a strong dedication to a government career plan. Students must
Contact supply a personal statement, official undergraduate transcript, current resume, letter of
recommendation, and list of all government finance courses they’ve completed.

February 20

(312) 977-9700 ext. 2273
[email protected]
www.gfoa.org/about-gfoa/student-opportunities

Financial Women’s Association Graduate Scholarships

Amount $10,000 merit-based
Requirements
To qualify, candidates must be currently enrolled in the second or final year of an MBA
Deadline program at Columbia University, Fordham University, Baruch College, or New York
Contact University with demonstrated academic achievement.

Varies

(212) 533-2141
[email protected]

FWSF Scholarship Fund

Amount $10,000
Requirements
Qualified applicants must reside or attend school in the San Francisco Bay Area, have at
Deadline least junior-level standing, have a declared major in finance, maintain a minimum GPA of
Contact 3.4, and enroll in an independently accredited university.

March 27

(415) 586-8599
[email protected]
www.financialwomensf.org/scholarships/

The Ultimate Guide to a Career in Finance efficientlearning.com 16

Wiley Efficient Learning ™

Top 15 U.S. Finance Scholarships

George Harding Scholarship Program

Amount $1,000
Requirements Applicants must be enrolled full-time with 12 or more credits per term, be legal Michigan
residents, attend an accredited Michigan or out-of-state university, have a minimum
Deadline overall GPA of 3.0, and show leadership qualities through involvement in campus or
Contact community activities.
July 15
(517) 485-3600

John B. Lilja Undergraduate Scholarship

Amount $1,000 annually
Requirements
To qualify, candidates must be currently enrolled in a four-year bachelor’s degree
Deadline program with a major in finance, government finance, or accounting at an accredited
Contact university in Minnesota.

April 15

(952) 563-4930
[email protected]
www.mngfoa.org

J.P. Morgan Launching Leaders Scholarship

Amount Up to $15,000
Requirements
Eligible candidates must be enrolled as sophomore or junior undergraduate students,
Deadline attend an accredited U.S. university, carry a minimum overall GPA of 3.2, and show a clear
Contact interest in a financial services career.

January 17

(800) 345-1833
[email protected]
www.careers.jpmorgan.com/student/jpmorgan/careers/

The Ultimate Guide to a Career in Finance efficientlearning.com 17

Wiley Efficient Learning ™

Top 15 U.S. Finance Scholarships

Ludwig Alumni Business Scholarship

Amount $1,500
Requirements
Qualified candidates should have maintained a minimum high school GPA of 3.0,
Deadline be currently active in the academy, and plan to continue involvement in a local NAF
Contact academy.

March 15

(212) 635-2400
[email protected]

Mid-Atlantic Security Traders Foundation Scholarships

Amount $2,500
Requirements
Eligible applicants must be currently enrolled at a four-year public or private university,
Deadline have U.S. citizenship, submit at least two letters of reference, carry a minimum overall
Contact GPA of 3.0, and be actively involved in professional extra-curricular activities.

April 30

(410) 908-6230
[email protected]
www.midatlanticsecuritytraders.org/foundation.html

Minorities in Government Finance Scholarship

Amount $7,000
Requirements
Eligible candidates must be currently enrolled in a degree program in governmental
Deadline accounting, finance, economics, business administration, or public administration with
Contact the goal of starting a career in state and local government finance.

February 20

(312) 977-9700 ext. 2273
[email protected]
www.gfoa.org/about-gfoa/student-opportunities/

The Ultimate Guide to a Career in Finance efficientlearning.com 18

Wiley Efficient Learning ™

Top 15 U.S. Finance Scholarships

NAFA Corporate Aviation Business Scholarships

Amount Up to $5,000
Requirements
Eligible candidates must be enrolled in at least 12 credit hours per semester, have U.S.
Deadline citizenship or permanent residency, carry a minimum overall GPA of 3.0, and exhibit
Contact potential in the aviation business.

April 1

(410) 571-1740
[email protected]
www.nafa.aero/scholarship.cfm

New York Financial Writers’ Association Scholarships

Amount $3,000
Requirements
Eligible candidates must be attending an accredited four-year university, be in good
Deadline academic standing, and show promise for leading a career in financial journalism.
Contact
April 15

(201) 612-0100
[email protected]
www.nyfwa.org/scholarships

Richard “Dick” Wiegers Scholarship Fund

Amount $1,000 annually
Requirements
This program is open to all Illinois residents who are pursuing an undergraduate college
Deadline education in business administration, finance, or law with the goal of entering a career in
Contact the real estate industry.

April 1

(866) 854-7333
[email protected]
www.ilreef.org/index.php/scholarship/scholarship-applications/

The Ultimate Guide to a Career in Finance efficientlearning.com 19

Power Your Career in Finance

CFA | FRM | CMT | CAIA | CIMA | INVESTMENT BANKING

Whilst attaining a financial designation can jump start your career, it can be a challenge to fit
the additional learning around existing studies or work commitments. Now, you can study
smarter for over 10+ professional designations with Wiley’s comprehensive courses and study
materials, designed to fit around your real-world schedule.

30-45 Minute Bite-Sized Lessons Help you Learn
Faster and Retain More
Video Lectures by Expert Instructors Drill into
the Fundamentals
Full-Length Timed Mock Exams and
Practice Questions - written to be close
to those you will see on the
actual exam
Print or Ebook Study Text Covering
every Learning Outcome Statement
Powerful Dashboard & Performance
Metrics Keep You on Track
Professional Online Mentoring
– Your questions answered within
24-48 Hours
Weekly Live Online Classes – all
lessons are recorded so you never
miss a class
Digital Exam Planner & Personalized
Study Schedule

Thousands of students have relied on our test prep materials to help them pass
their finance accreditations. Here’s what they have to say about Wiley:

“Your study guides, lectures “After comparing your books with “I am very impressed with the
quality of the material...
and practice questions are really Kaplan, I feel that your material is comprehensive and
helping me grasp these difficult more comprehensive, exam focused complete.”
- Ashish Natu, India
concepts better. Thanks!” and straight to the point.”
- Amy, San Francisco - Yu Junli, Singapore

Learn more and take a free trial at
efficientlearning.com

Wiley Efficient Learning ™


Click to View FlipBook Version