Financial Jobs: Consider a Financial Consulting Career
The finance industry offers a wide variety of opportunities for financial consultants. If you’re looking to begin your career in the finance industry, or you’re a seasoned finance professional, consider a consultant role as a step in your career development. Consulting opportunities exist in accounting, investment banking, trading, and many other areas of finance, and there are many benefits offered to the consultant. Here are a few of the advantages of working as a consultant in the finance industry: Consultants have more flexibility in setting the hours they work. As a consultant, you will have more flexibility in choosing the number of hours you spend on a project, as well as choosing your work schedule. A consultant typically enjoys more schedule flexibility than an employed worker. Consultants have greater earnings compared to their counterparts in an employed finance position. Typically consultants are paid at a higher rate than an employee and earn between 20% to 40% more. The employer doesn’t pay for the consultant’s benefits, vacation, or Social security taxes, and as a result, wages tend to be higher. Because consultants choose the amount of hours they work, along with the number of projects, the opportunity exists to earn more based on the quantity of work. Consultants have more flexibility in choosing projects. As a finance professional, you may be interested in a specific project or have expertise in a specialized area. Choosing the projects on which you want to work affords the flexibility to match your skills and experience to your work. Consultants also have the flexibility to select projects in which they are interested. Financial consultants find opportunities to gain experience in areas they want to develop, refine skills, or gain more knowledge. Less experienced workers may use the consultant opportunity to target financial firms to gain practice and then add new expertise or experience to their resume. Consultants have the chance for mentoring as they work with different leaders in the financial industry. Consultants have the opportunity to build professional networks in the finance community. Working at different organizations, consultants build relationships with teams they work with and build ongoing professional networks through each client. Financial jobs working as a consultant provide great flexibility, as well as the chance to gain additional experience, develop a network of professional contacts, and provide career development opportunities through carefully chosen projects. Consider a financial career working as a consultant.