Best Entry-Level Finance Jobs for 2022 (2022)

Money / Jobs

  • Financial Analyst
  • Investment Banking Analyst
  • Accountant or Auditor
  • Personal Financial Advisor
  • Actuary
  • Securities or Commodities Trader

Best Entry-Level Finance Jobs for 2022 (1)

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(Video) Highest Paying Finance Career Tier List (Finance Jobs Ranked)

Finance is a popular college major because it can lead to an exciting and lucrative career in a number of different types of jobs. Finance majors learn about banking, economics and financial markets, in addition to general business studies. They may also learn communications and psychology, since many careers in finance include a sales component, making these skills very important.

As a finance major, you can expect to take micro- and macro-economics, accounting, calculus and statistics. You may also take more specific courses in things like finance case studies, mergers and acquisitions, business valuation, econometrics, investing and international banking. Marketing and management courses may be required as well.

Once you’ve got that finance degree under your belt, it’s time to go out and get a job. Here are some entry-level jobs that your finance degree may qualify you for.

Best Entry-Level Finance Jobs for 2022 (2)

Financial Analyst

Financial analysts help individuals and businesses make financial decisions in search of increased profits. To do this, they may gather and organize data, analyze historical results, generate financial models, and make recommendations and forecasts. Financial analysts may work in investment banks, financial planning firms, private equity firms or corporations.

According to the Bureau of Labor Statistics, the projected growth rate for financial analyst jobs is about average, projected to be 6% between 2020 and 2030. In May 2021, the median annual salary was $81,410 for a financial analyst, but entry-level positions would likely pay less.

Investment Banking Analyst

Investment banks help their commercial customers raise capital and assess investment opportunities. Investment banking analysts review and analyze data, generate reports, and make recommendations and presentations.

Investment banking analyst is an entry-level job that can lead to a career as an investment banker. Investment bankers work with corporations and organizations to help them raise capital, often with an initial public offering, which is when a company issues stock for the first time, or through mergers with or acquisitions of other companies. Investment bankers use their finance background to model complex financial scenarios to analyze investment opportunities for their clients, but they also need to have the ability to negotiate and close deals.

The career outlook and median salary for an investment banking analyst is similar to that of a financial analyst, as the Bureau of Labor Statistics data does not distinguish between the two positions.

(Video) Best Entry Level Job Tier List (Entry Level Careers RANKED!)

Accountant or Auditor

An accountant prepares financial records for individuals and businesses, and an auditor examines them. These can include income tax returns, balance sheets, income statements, cash flow statements, profit and loss statements and more.

The median annual salary for an accountant or auditor in 2021 was $77,250, according to the Bureau of Labor Statistics. The demand for accountants is expected to grow by 7% between 2020 and 2030, which is about average for all occupations.

To advance in an accounting or auditing career, you can become a Certified Public Accountant, a designation that requires that you have work experience with a major auditing firm and that you pass an exam.

Personal Financial Advisor

A personal financial advisor helps individuals manage their money and plan for long-term financial goals. They may assist with planning for a child’s education, for example, or planning to ensure a comfortable retirement.

Personal financial advisors may charge a fee for their services, or they may earn a commission on the investment and protection products they sell, such as stocks, bonds and insurance. They may work for a company that has other financial professionals and administrative staff, or they may have their own practice.

Personal financial advisors who want to sell securities and insurance will need to be licensed to do so. The Series 7 securities license, issued by FINRA, which requires that you successfully pass an exam, is required to sell stocks, bonds and mutual funds. For those advisors who also want to sell insurance and annuities, insurance licenses, which are state-specific, are also required.

According to the Bureau of Labor Statistics, the demand for personal financial advisors is expected to grow a bit more slowly than average, with growth of 5% predicted for 2020 through 2030. The median salary for a personal financial advisor was $94,170 in 2021, although entry-level advisors will earn less.

(Video) Top Entry level finance jobs for 2022💯✅ #jobs2022 #jobs


An actuary analyzes the economic impact of uncertainty and risk. Actuaries are employed by insurance companies to help them determine how much money they need to charge for their policies, based on the likelihood of claims.

An actuary can get certified as an Associate of the Society of Actuaries, by taking several specific courses and passing a comprehensive exam. Other credentials that actuaries can earn include Chartered Enterprise Risk Analyst and Fellow of the Society of Actuaries.

The median annual salary for an actuary in 2021 was $105,900, according to the Bureau of Labor Statistics. Starting salaries for entry-level actuaries will be lower, of course. The field is growing and is expected to grow 24% from 2020 to 2030, much faster than average.

Securities or Commodities Trader

A securities trader or commodities trader buys and sells stocks, bonds and mutual funds — in the case of a securities trader — or commodities — in the case of a commodities trader.

Securities traders research individual company stocks, corporate and municipal bonds, and mutual funds, and buy or sell them depending on how the trader determines they will perform in the future. They determine the risk associated with buying, holding or selling a given position, and take action accordingly. A securities trader must have a Series 7 license, administered by FINRA.

Commodities traders do the same, but for commodities like wheat, soybeans, gold and pork bellies. Commodities traders often trade “futures” which are contracts that give an investor the right to purchase or to sell a defined quantity of that commodity on a future date. This involves a careful assessment of the expected performance of the commodity until that date. A commodities trader must have a Series 3 license, administered by FINRA, and be licensed by the National Futures Association.

The median annual salary for securities or commodities traders in 2021 was $62,910, according to the Bureau of Labor Statistics. Expected growth for this position is somewhat slower than average and is predicted to be about 4% from 2020 to 2030. An entry-level position as a securities or commodities trader can often lead to more senior positions in brokerage firms or investment banks.

Final Take

A career in finance can be rewarding, both financially and in terms of job satisfaction. Finding the perfect entry-level job to begin your career journey is the first step.

Finance Jobs FAQ

  • What is a good first job in finance?
    • If you have a finance degree, there are many jobs to choose from right out of college. If you want to work with corporations to issue stock or acquire other companies, consider a position as an investment banking analyst. If you want to crunch numbers all day, you might look into being an accountant or an actuary. If you'd prefer to help people invest their money and plan for a comfortable retirement, you could be a financial planner or personal financial advisor.
  • How do I get into the finance industry with no experience?
    • There are many entry-level positions in finance, and many financial firms will hire recent college graduates who don't have experience in the industry. Be prepared, however, to study for and pass a licensing exam, in the case of securities or commodities trading, to work toward a certification, such as a Certified Financial Planner, and to learn on the job.
  • How do I start a career in finance?
    • For most finance careers, you should have a bachelor's degree, preferably in finance but other business disciplines can also work. You can then look for companies that may be hiring for entry-level finance positions, such as investment banks, insurance companies, brokerage houses or financial planning firms. You may need certifications for some entry-level positions, but you should get hired first since most certifications require you to be sponsored by an employer in order to sit for the appropriate test.
  • How can I work in finance without a degree in finance?
    • Some companies in the finance sector will hire those without a bachelor's degree in finance, but it helps if your degree is in another business discipline, like accounting or economics or in a data-intensive discipline like mathematics. Most entry-level finance positions require significant on-the-job training, so it's often possible to get the job without a finance degree.
(Video) 2 Best Entry Level Finance Jobs

Information is accurate as of Aug. 18, 2022.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

About the Author

Karen Doyle is a personal finance writer with over 20 years’ experience writing about investments, money management and financial planning. Her work has appeared on numerous news and financewebsites including GOBankingRates, Yahoo! Finance, MSN, USA Today, CNBC,, and more.

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(Video) Highest Paying Finance Jobs ($250k+ Career Paths In Finance)


What are the 4 Career Pathways in finance? ›

The Finance Career Cluster prepares students for careers in financial and investment planning, banking, insurance and business financial management.

Can you get into finance without a degree? ›

A number of investment banks and investment management businesses don't just accept candidates without a finance degree – they actively encourage them to apply, because of the different ways of thinking that this brings to the business.

How do I get a job in finance with no experience? ›

How to Become a Financial Analyst with No Experience?
  1. #1 Do as much networking as possible. ...
  2. #2 Learn the Wall Street lingo and follow current events. ...
  3. #3 Start and maintain a finance blog. ...
  4. #4 Leverage your university career center. ...
  5. #5 Use a Trading Simulator. ...
  6. #6 Enroll in an online financial Analyst training program.
2 Nov 2020

What jobs make the most money without a degree? ›

Here are the highest paying jobs without a college degree:
  • Patrol Officer.
  • Executive Assistant.
  • Sales Representative.
  • Flight Attendant.
  • Electrician.
  • Plumber.
  • Wind Turbine Technician.

How do I get started in finance? ›

How to start a career in finance
  1. Earn a bachelor's degree. ...
  2. Pursue an internship. ...
  3. Use a current employee as a referral. ...
  4. Take relevant courses. ...
  5. Pair up with a mentor. ...
  6. Attend a career fair. ...
  7. Start in an entry-level position. ...
  8. Build the skills section of your resume.
15 Feb 2021

Can you get a job at Deloitte without a degree? ›

No, you do not need a degree to work for Deloitte. You can qualify for several of the company's entry-level tech jobs with a coding bootcamp certificate. Graduates from some of the best coding bootcamps of 2021, such as Flatiron School, and General Assembly, have attained jobs at Deloitte.

Is a career in finance worth it? ›

Is a Finance Degree Worth It? Yes, a finance degree is worth it for many students. According to the Bureau of Labor Statistics, business and financial jobs are set to grow at 5% over the next 10 years, faster than the average for all occupations.

What is CFA Level 1 Expected salary? ›

In general, the average starting salary of a CFA is INR 6 to 8 lpa. With enough experience in wealth management and portfolio management, you may also become a Hedge Fund Manager which may help you earn a salary of INR 15 lpa.

Is finance a stable career? ›

Is finance a stable career? Generally, yes. While the sector is known to be quite cyclical—banks and brokerages tend to lay off many people during big recessions—finance skills are in such high demand that qualified professionals will unlikely be out of work very long.

Are finance jobs in demand? ›

The number of money-related jobs is increasing. According to the U.S. Bureau of Labor Statistics, business and finance-related occupations are on track to grow by 5% between 2019 and 2029, which is faster than average compared to all other fields.

What qualifications do you need to work in finance? ›

You'll need:
  • knowledge of economics and accounting.
  • business management skills.
  • maths knowledge.
  • analytical thinking skills.
  • financial management skills.
  • leadership skills.
  • the ability to use your initiative.
  • to be thorough and pay attention to detail.

How difficult is a finance degree? ›

Finance is a somewhat difficult major. It is much harder than certain liberal arts majors, such as history and philosophy; however, it is not as hard as the "STEM" majors: science, technology, engineering, and math.

How can I get finance at 30? ›

If you still want to change careers into banking in your 30s, here's how we suggest you go about it.
  1. Study an MBA. ...
  2. Switch across from law. ...
  3. Change careers from accounting. ...
  4. Switch over from strategy consulting. ...
  5. Move out of industry. ...
  6. Work for the regulator and then quit.
26 Nov 2014

How do I start a career in scratch from finance? ›

If you're thinking of starting a career in the finance sector, here's what you need to do to land your dream job.
  1. Research the roles you want to work in. ...
  2. Understand the skills financial recruiters look for. ...
  3. Look into doing an MBA. ...
  4. Gain some professional experience.

Is it hard to get into JP Morgan? ›

The acceptance rate of less than 1% makes JPMorgan's investment bank harder to get into than Harvard or Yale. That level of interest doesn't seem to be isolated to JPMorgan, which is a juggernaut on Wall Street across advisory and trading businesses.

Why is finance so hard? ›

Most students find a finance degree difficult because of the moderately complex mathematics involved, the interdisciplinary approach, and the unfamiliar concepts and vocabulary included in the major. Finance is not only the study of the stock market or money. It is a much more comprehensive subject than that.

How can I make 80k a year without a degree? ›

Jobs That Pay 80k a Year Without a Degree
  1. Commercial Pilot. Median pay: $121,430 per year. ...
  2. Transportation, Storage, and Distribution Manager. Median pay: $94,560 per year. ...
  3. First-Line Supervisor of Police and Detectives. Median pay: $91,090 per year. ...
  4. Elevator and Escalator Installers and Repairer. Median pay: $84,990 per year.
1 Dec 2020

How can I make 100k a year without a degree? ›

Here are 14 examples of high-paying jobs with salaries exceeding $100,000 – that don't require a college degree.
  1. Business Owner. Small business is the lifeblood of the American economy. ...
  2. Real Estate Broker. ...
  3. Sales Consultant. ...
  4. Air Traffic Controller. ...
  5. Virtual Assistant. ...
  6. Plumber. ...
  7. Firefighter or Police Officer. ...
  8. Site Manager.
9 Sept 2022

How can I make 70k a year without a degree? ›

Jobs that pay $70,000 or more and don't require a degree
  1. Air traffic controllers. ...
  2. Transportation, storage and distribution managers. ...
  3. First-line supervisors of police and detectives. ...
  4. Radiation therapists. ...
  5. Nuclear technicians. ...
  6. Detectives and criminal investigators. ...
  7. Electrical and electronics repairers.
30 Aug 2017

What does an entry level financial analyst do? ›

What Is the Job of an Entry-Level Financial Analyst? Entry-level financial analysts compile budget and income statement forecasts into reports. In this role, you analyze the information for a business and provide advice on how to improve the financial health of the company.

How do I switch careers to finance? ›

So to make that successful switch from IT to the finance world, focus on what sets you apart and how you can best contribute. Look at you IT background as a significant advantage in making this switch. IT skills are always going to be in demand, and once you have finance experience to boot, it can be hard stopping you.

How hard is it to get hired at Deloitte? ›

How Hard Is It to Land a Job at Deloitte? As one of the big four, Deloitte receives an overwhelming number of applications. With over 500,0000 applicants applying for Deloitte job positions. The high number of applicants can make it very difficult to land a job at Deloitte.

Does Deloitte pay well? ›

Deloitte Consulting Salary. Consulting is the most well-compensated service at Deloitte. In the U.S, an entry-level Analyst can make approximately $83,000 each year, while the higher-level Consultant and Senior Consultant earn $90,000 and $110,000 respectively.

Does Deloitte look good on resume? ›

Great brand

Deloitte really is a strong brand on your CV and recognized world wide.

Is finance harder than accounting? ›

Generally speaking, people consider accounting majors to be more difficult to study and pass than finance majors. And there are a few different reasons for this. The content of accounting majors is, on average, much more technical than for finance majors, and this can make it more difficult.

Is finance a saturated field? ›

Finance is not over saturated. Even in our bad economy, corporate finance is always a field that needs people. In fact, finance was ranked as one of the top 10 majors because of this demand.

Is economics harder than finance? ›

Economics is harder than Finance because Economics uses more advanced math (algebra, calculus, differential equations) to explain more complicated scenarios and processes, making it harder to understand. Keeping in mind the level of difficulty does depend on your interest and skills.

Do finance jobs pay well? ›

Finance can be a fiercely competitive field. After all, it's a famously high-paying industry known to deal out six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared with other fields.

Do finance majors make good money? ›

Finance is a high-paying major. The average starting salary for finance majors is $55,000, and the average mid-career salary is $110,000.

What 4 year degree makes the most money? ›

Highest Paying Jobs With a Bachelor's Degree
RankMajorMid-Career Pay
Rank:1Petroleum EngineeringMid-Career Pay:$187,300
2Operations Research & Industrial EngineeringMid-Career Pay:$170,400
3Electrical Engineering & Computer Science (EECS)Mid-Career Pay:$159,300
4Interaction DesignMid-Career Pay:$155,800
21 more rows

What is the starting salary for entry level position? ›

The average salary for entry-level positions in the United States is $40,153 per year. Though this is the average base salary, the numbers range from as low as $26,000 to as high as $56,000 for some geographical locations and entry-level positions.

Are finance jobs stressful? ›

In India, some of the most stressful jobs include that in the banking, finance, IT, construction and medicine sector. If you're at the cusp of making a career decision then think twice about the field of work you want to get into.

Why are people in finance paid so much? ›

In this environment financial institutions have offered a number of highly priced services that companies and investors find worth the cost. This is a very competitive market and clients pay for what they perceive to be higher returns, less risk and reduced capital costs.

How can I grow a career in finance? ›

If you pursue a career in finance or accounting and have the skills suited for such a field, it will be rewarding for you.
  1. Take Up Business Degree Courses. ...
  2. Get Yourself More Certifications. ...
  3. Learn Business and Financial Terms. ...
  4. Expand Your Network. ...
  5. Seek Mentorship.
14 Nov 2021

Is finance harder than accounting? ›

Generally speaking, people consider accounting majors to be more difficult to study and pass than finance majors. And there are a few different reasons for this. The content of accounting majors is, on average, much more technical than for finance majors, and this can make it more difficult.

Is it better to major in finance or accounting? ›

An accounting degree student will utilize professional principals and processes to manage numbers rather than influence them. On the other hand, a finance degree student will be more interested in financial strategy and control, and how they can wisely invest based on financial trends.

Does finance make more than accounting? ›

Based on NACE data, those who had a bachelor's degree in finance tend to have slightly higher starting median incomes than those with accounting degrees. In 2019, the median starting salary for finance majors was $57,750. On the other hand, the median starting salary for accounting majors was $57,250.

What 2 year degree makes the most money? ›

What Are the Highest-Paying Associate Degrees?
  • Electrical Engineering. ...
  • Aeronautics. ...
  • MRI Technology. ...
  • Radiology Technology. ...
  • Respiratory Therapy. ...
  • Occupational Therapy. ...
  • Mechanical Engineering. ...
  • Network Engineering. Network engineers design, administer, and maintain local and wide area network systems.

What is a high salary in 2022? ›

How much does a Highest make? As of Sep 24, 2022, the average monthly pay for a Highest in the United States is $9,182 a month.

What degrees will be in high demand in the future? ›

Here are some fields that are expected to have growth potential and continue to develop.
  • Engineering. Engineering is a large scientific branch focused on the practical design and building of structures or machines. ...
  • Healthcare. ...
  • Psychology. ...
  • Computer Science. ...
  • Business. ...
  • Information Technology. ...
  • Accounting. ...
  • Economics & Finance.

How much is 20 dollars an hour annually? ›

If you make $20 per hour, your Yearly salary would be $39,000. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week. How much tax do I pay if I make $20 per hour?

Is 40k a year good for entry-level? ›

For the majority of recent college grads, a $40,000 a year salary is a solid start and will be a healthy salary to get started making some financial choices. However, the average starting salary of recent college graduates does hover around $51,000 per year.

Should you accept the first salary offer? ›

It really depends. Some people feel you should take the first offer if you're happy with it. Never negotiate just for the sake of negotiating. Other people disagree with that position and believe anytime you're given the chance to negotiate, you should.


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