Financial services include banking, credit unions, and credit card companies as well as insurance, investment funds, and the redistribution of risk. They provide the means for families to grow their incomes, purchase livestock and consumer durables and build or improve their homes. They also allow people to save and invest in business activities, which creates jobs and increases economic growth.
A healthy financial services sector allows individuals to obtain loans for mortgages, education, cars and more. It protects the value of property and life through insurance. And it provides businesses with the capital they need to expand, hire more employees and serve their customers.
People who work in financial services tend to be happy with their careers. They earn high salaries, and their roles are often challenging and exciting. Plus, many of the firms in this industry are global organizations, so if you have to move for any reason, you’ll probably be able to find another job quickly.
If you’re interested in working in this field, it helps to have a clear idea of what you want from your career. After all, the financial services industry is a big one and offers plenty of opportunities to grow, but not every job will pave the way for you to reach your goals. In the article below, Duitch describes four types of roles that can help you build a successful career in financial services:
