Organisations in the financial services industry are involved in the management of money and risk. This is a large and complex sector which includes areas such as banking, investment services, asset management, insurance and advisory.
This diversity means that the financial services industry offers a wide range of career options.Read more
Retail and commercial banking
This involves everyday personal and business banking e.g. savings accounts and credit and debit cards.
Investment banks are organisations which help companies and high net worth individuals access capital markets, such as stocks and bonds. They also support complex financial transactions, such as company mergers and acquisitions or issuing shares of stock when a company goes public. The types of careers available at these companies include Financial Analysts, Product Controllers and Traders
Investment management is the professional management of financial assets and other investments belonging to an investor. Trained professionals in this area use their knowledge, skills and experience to invest money on behalf of their clients, in line with the client’s objectives and appetite for risk. Particular areas of specialism in this field are asset management and fund management.
Venture capital and private equity
Venture capital and private equity firms invest funds in businesses in exchange for partial ownership or a percentage of the profit – their ultimate aim being to sell them once they become profitable and increase the value of the fund. Investors play some role in running the companies or provide guidance and expertise to help them become successful.
The Insurance sector provides insurance policies to help individuals and businesses mitigate potential risks for financial loss. This includes car insurance, life insurance and health insurance, as well as reinsurance (insurance for insurance companies) sectors. Examples of roles include claims managers, underwriters (who evaluate, approve or deny insurance applications) and analysts.