Financial services are an essential part of everyday life, supporting healthy economies and facilitating the flow of capital. The industry includes a wide range of companies and provides many types of services, from banking to brokerage and mortgages.
Benefits of a career in Financial services
As a career in financial services, you may have the opportunity to work at a variety of different places. This means you can choose a job that best suits your interests and skills.
You’ll develop excellent interpersonal skills as a financial services professional. These skills can be applied to almost any type of role, from sales to customer service and more.
Your pay will depend on your level of responsibility, but you can expect to earn PS45,000 in your first few years as a banker or investment analyst. After a few more years in your role, you can expect to see an increase in salary to the high five-figure range.
In addition, you’ll get to build a great network that can help you find your dream job in the future. The industry is competitive, but you’ll be rewarded based on your performance.
Insurance is another important piece of the financial services industry. Whether you need health or auto coverage, insurance professionals can help you get the right policy for you.
A major part of the financial services industry is a reliance on information technology. Financial firms and banks use computers to keep track of their customers’ accounts, payments, and other transactions. This visibility is vital to helping them maintain a strong reputation among their customers.