Not sure if taking a master’s degree is the best for you? We know that it is a difficult decision and, although it is something that each person has to think and decide for himself, we think that this decision is much easier if you know the professional opportunities that you can achieve with each master.
Therefore, in today’s article we present the main professional opportunities if you choose to train with the Master in Financial and get Economic Licence Management. Let’s go there!
Future and professional opportunities of the master
Finance and accounting director
CFOs are members of an executive team responsible for the financial health of a company. They combine operational and strategic roles, manage accounting and financial control functions, and establish a financial strategy for long-term profitable business growth.
CFOs also support and develop strategies to guide key business initiatives. They maintain control over all financial transactions and assume responsibility for managing the company’s liquidity, ensuring that they always have access to cash and sources of credit. In addition, CFOs develop and apply policies to minimize risk and ensure that the company accurately reports its financial situation. Depending on the size of the company, they can recruit and manage a team of accountants and financial controllers to handle day-to-day tasks.
Financial analysts are essential to the financial planning and analytical functions of a company. They are responsible for analyzing the financial statements and inspecting and predicting the future performance of the company. This may include forecasting future income and expenses, as well as capital structure and budget models.
Financial analysts are also often responsible for keeping track of a company’s financial plan. Analyzing the company’s performance, along with changes and market trends, not only helps the analyst create forecasts, but also allows him to calculate the variations between those forecasts and actual data. Analysts’ job is to trace and explain the causes of these variations.
Analysts also often inform management and stakeholders about their findings and can help shape the company’s strategic planning.
Technician in financial risk management and company valuation
Also known as financial risk analysts, they are responsible for identifying and analyzing potential risk areas that threaten assets, earning capacity, or the success of companies in the industrial, commercial, or public sector. They are responsible for predicting change and future trends, as well as forecasting costs for the business.
The role of a financial risk analyst is to formalize the risk management process within an organization. This involves making business decisions and enabling the risk-taking process.
Financial consultants work with companies or individuals to plan their financial future by offering information and guidance on topics including tax, investment, and insurance decisions. Often also known as financial advisers, these consultants work closely with clients to offer personalized financial advice. Consultants can also direct the buying and selling of stocks and bonds for their clients.
Some consultants work for consulting firms that focus on the financial needs of specific businesses or industries.
Financial managers are responsible for the financial health of a company.
They produce financial reports, direct investment activities, and develop strategies and plans for long-term financial goals. The main responsibility of financial managers used to be to monitor the finances of a company, but now they perform more data analysis and give advice to maximize profits. Financial managers work in many places, including banks and insurance companies.