Career Planning Financial: The World of Money

Career Planning Financial: The World of Money

It is said that Money makes the world go around. But money must be handled very carefully. It must be controlled not only at individual and personal levels, but at national and international levels too. Otherwise, the outcome can be a financial catastrophe. On the individual plane it can end up in severe debts which can lead to bankruptcy.

In the national and international level, it means something like the 1929 disaster when the stock market had crashed so severely that the entire world went into a deep depression. That is the reason financial planning career is so particularly important.

A career in financial planning does not mean sitting down and auditing income and expenditure, it involves much more. In case you are keen on a career in financial planning, then you could be employed with a few financial institutions like bank, credit union, investment company, stock exchange or government.

For a career in Financial Planning, you need a keen head for figures as also deep knowledge of the financial world. College or University training is very
essential to financial planning and some superior levels need lot of knowledge and understanding along with specific training.

In case you are keen to take up financial planning as a career then knowledge of law may also prove to be beneficial. There are lawyers who are
experts in the world of finance too. Many young people taking up a career in financial planning feel Security and Exchange Commission (SEC) to be a very good training plane. The SEC supervises the working of the securities industry and enforces Congress laws to protect public investments.

In the world of finance, the job market is expanding except in banks where bank mergers and automation have reduced the job market for bank officers formerly known as tellers. More people bank online thus giving rise to more positions in computer and information technology. Because of severe competition in the Banking industry, they look for people with good sales and marketing background.

American banks have become global, they are looking for U.S. educated Latin and Asian Americans who can take over the overseas positions in financial careers. The same applies to investment and securities organizations that are going global. Millions of Americans are retiring who need somebody to guide them in investments and planning and for this they are depending on institutions offering financial planning services.

A career in this area has very exciting potential. More information on learning
about this field can be obtained from American Bankers Association, the Bank Administration Institute, the Centre for futures Education, The Financial Women International, and the National Association of Credit Management.

Regards, Coyalita

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