Career analysis and planning of financial industry

The financial services industry has always been the envy of everyone. With the opening of China's financial industry, the entry of foreign banks and the reform of domestic financial mechanism, there are more and more private financial institutions, insurance institutions and fund management companies. In the long run, students with better financial education will have many development opportunities. Let's take a look at the career analysis and planning of the financial industry that I have compiled for you. Welcome to read, for reference only. Please click to see more details.

Career analysis and planning of financial industry Financial service industry has always been the envy of everyone. With the opening of China's financial industry, the entry of foreign banks and the reform of domestic financial mechanism, there are more and more private financial institutions, insurance institutions and fund management companies. In the long run, students with better financial education will have many development opportunities.

Finance graduates usually have the following destinations:

I. Commercial banks, including the four major banks, joint-stock banks, city commercial banks and domestic branches of foreign banks.

2. Securities companies, including fund management companies; Shanghai Stock Exchange, Shenzhen Stock Exchange and Futures Exchange.

Three, trust and investment companies, financial investment holding companies, investment consulting companies, large enterprise finance companies.

Four, financial holding group, the four major asset management companies, financial leasing, guarantee companies.

5. Insurance companies and insurance brokerage companies.

Six, the central bank (People's Bank), the banking regulatory commission, the securities regulatory commission, the insurance regulatory commission, which are the financial supervision and management institutions.

Seven, the National Development Bank, China Agricultural Development Bank and other policy banks.

Eight, social security fund management center or social security bureau, usually in the direction of insurance.

Nine, the government administrative agencies of the national civil service sequence, such as finance, auditing, customs and other departments. ; Teachers majoring in finance in colleges and universities; Research institutions, researchers.

Ten, listed (or to be listed) joint-stock company securities department, finance department, securities affairs representative, secretariat of the board of directors, etc.

In recent years, graduates majoring in law and computer information have broadened their financial careers. The importance of law to the financial industry is self-evident. Due to the rapid development of informatization in modern society, all walks of life are highly realizing business informatization, so a large number of graduates majoring in computer information have been introduced into the financial industry. This is more important in securities companies. It would be a disaster if there were problems in the trading system of securities companies. A large number of computer professionals have joined the financial industry and played an important role. The talents needed by the financial industry are also developing more and more comprehensively. This invisibly reduces the entrance for financial graduates to enter the financial industry and increases the pressure of employment competition for financial graduates.

Summary of employment opportunities in the financial industry;

Since 1998, due to the impact of the Southeast Asian financial crisis, the state has attached great importance to the safe and steady development of the financial system and put forward higher requirements for the quality of employees in the financial industry. As a result, banks and related securities, insurance and other industry management institutions have increased the demand for financial graduates, opening a new round of incremental demand for financial graduates and graduate students after the national unified distribution system was broken. The talent measures of financial industry supervision departments have affected the commerce of their respective industries.

First, entering the industry supervision and management department as a financial official should be the first choice for financial graduate students. First of all, China's finance is based on macroeconomics and macro-control of financial markets, and its professional application is easy to get started, and its policy grasp is relatively in place; Secondly, working in the industry management department for three to five years before going to the practice organization can at least give a middle-level position. Its limitation is that it is difficult to enter the competent departments of these industries, which may depend on the background. It is difficult for undergraduates to enter unless they are really excellent.

Second, it is a good choice to enter the four major state-owned commercial banks. With certain banking experience and professional background, the possibility of going to joint-stock firms or foreign banks' institutions in China will increase. At first, several of my college classmates devoted themselves to the four major state-owned banks. After the rapid development of urban joint-stock commercial banks, they have jumped ship and become the backbone of urban commercial banks and joint-stock commercial banks. Many of them became middle managers and a few became senior leaders. City commercial banks and joint-stock commercial banks are flexible and pragmatic, and their seniority makes the four major banks become the "Whampoa Military Academy" for their professionals, and this situation is still continuing. Although there are some bureaucratic habits left by the four major state-owned banks, their stable income, light pressure and high welfare level are still very attractive, especially for female students. It is suggested that friends who are interested in the four major state-owned commercial banks should focus on commercial bank management, international finance and monetary policy.

Third, policy banks, such as development banks and agricultural development banks, are also better choices, but their work nature is similar to that of civil servants, and their financial business is not prominent. They are all places that rely on policies to eat, and the benefits to personal career are still relatively weak compared with industry supervision departments and commercial banks. If they want to temporarily become a climate in the financial field, it is best not to choose such a unit. However, at present, the salary level and treatment of such units are better than those of commercial banks, which has become a bright spot to attract graduates' attention.

4. Securities, trusts and funds all rely on risk management for a living, and there are systemic risk factors in the industry. But they are all prosperous times, making money is relatively easy, short-term returns are high (risky), and they operate according to the real enterprise management mechanism. If they want to develop professionally and make achievements, it is an excellent choice to work in this industry. Many fund managers and investment bank managers earn more than one million yuan a year. The difficulty lies in the gradual improvement of academic qualifications. The minimum requirement is a master's degree. Compared with banks and other financial institutions, the requirements for their personal investment management and financial operation ability are higher. If you are interested in these industries, you can choose the professional direction of securities investment, financial market and financial engineering. If you are majoring in financial management and master of law (undergraduate is financial economics), this is also a good choice. The recent re-emergence of the trust industry has added a new choice for graduates majoring in finance, etc. The operation strategy of its big investment bank makes it pursue the "elite route" in employing people. There is a saying in the investment community that "80% of the company's profits are created by less than 5% of its employees". The above three current employment ideas are actively "digging the wall", and these three companies have the strongest liquidity in the financial industry. "Elite talents" who are interested in risk management, travel all day, have a stomachache all the year round, and have no place to live may wish to choose this industry. Of course, in addition to ridicule, it is undeniable that the return of this industry is directly proportional to the investment. It is suggested that male students choose this industry, which should be more developed.

Five, insurance companies can refer to the analysis of commercial banks. After several years, with the experience of insurance marketing and risk management, there is still much to be done under the opportunity of the rapid growth of domestic joint-stock insurance institutions and the entry of foreign insurance institutions. Actuarial specialty is very popular. Social security centers and financial audit departments are places for providing for the aged, which are relatively stable and inflexible. Of course, friends who want to get steady income may wish to consider it as an option.

Six, the four major asset management companies are similar to policy banks. At present, their original purpose and function are gradually disappearing. The financial leasing and guarantee industries are developing rapidly and can be considered to enter. Of course, if you have experience in banking and securities, you should be more successful in entering this industry.

Seven, the listed company's securities department work experience is also acceptable, and it spans two lines of the securities industry, and then it must have a foothold for development. It will be more beneficial to your future career if you do a good job in preparing for the "IPO". It requires high financial and industry analysis ability, so you should strengthen your study in this area.

Eight, colleges and universities, research institutes are the first choice for students who are interested in doing academics. Obviously, I won't say more.

Main favorable factors for employment in financial industry:

1. In the horizontal comparison of salary in various industries, the average salary and welfare in the financial industry is the highest.

2. In the atmosphere of national market economy, practitioners in the financial industry can feel that they are engaged in a "decent" career.

3. Work in a completely dynamic market environment every day.

4. Talented employees can be promoted quickly.

5. Generous treatment and holiday benefits.

6. The turnover rate is low, and the industry average voluntary turnover rate is 16%.

Main unfavorable factors of employment in financial industry:

1. The working hours are long and the working pressure is relatively high.

2. Vulnerable to business and stock market cycles.

3. The highly structured environment of large companies makes people feel isolated and neglected.

Some big companies are reluctant to change procedures and try new ideas.

We often face the dilemma of "morality" and "interest".

6. Perfect financial system, strict rules and regulations, no need for innovation, only compliance.

Financial industry recruitment summary;

1. The recruitment process is formal, especially for portfolio managers and analysts.

2. The financial market is still in a downturn under the double blow of economic depression and scandal. Although the recruitment is still going on, it is not good.

3. Competitors with excellent analytical ability and technical ability are widely concerned.

4. Rich and profound interpersonal relationships are one of the important foundations for the career development of the financial industry.

The industry needs non-MBA graduates, especially financial graduates, who have both degrees in mathematics and statistics and can engage in quantitative analysis.

Although the global economy has not fully recovered, China's financial enterprises have been among the best in the whole industry in this shock. Faced with this new round of dishwashing, China's financial enterprises are likely to expand the recruitment of industry talents for the need of going abroad.