« PhD Scholarships in Europe | Main | Most Reputable PhD Programs in Computer Science in India »
Career Opportunities For PhD in Finance Graduates
By onlinephd |
This article offers a list of the careers being offered to PhD in finance graduates.
Primarily, finance professionals holding PhD program seemed to apply their knowledge and expertise in securities market and business acumen recommending asset selection approaches to corporate portfolio traders and managers. They usually give advice to reporting and accounting tools including trend assessment methods and financial statement analysis. There are also finance professionals who are involved in research activities as well as in teaching.
Among the job opportunities made available for professionals with PhD in finance degree are as follows.
Finance Professor
In general, finance professors are tasked to teach at a college, university, or any other institute of higher education. They specialize in a wide range of fields of specification and publish many articles in local, professional periodicals, magazines, or other forms of publication. They may get involved in a variety of activities associated to consultation and offer private companies and government agencies or entities on some advice about economic subjects. Finance professors usually earn from $28,870 to $121,850 as of the 2008 survey.
Proprietary Trader
Having earned or completed a programmed in PhD in finance is a requirement for the job of propriety traders. Propriety traders typically use corporate funds to purchase, hold, and market securities on financial markets. They are using econometric and statistical tools such as Monte Carlo simulation, value at risk (VaR), and stress testing to measure the risk levels in securities in which they are interested. Take note that firms record their profits as well as their losses by means of propriety transactions. According to the report published by the U.S. Bureau of Labor Statistics or BLS, the median wages of the proprietary traders reached as much as $68,680 per annum in 2008. This annual rate does not include their cash and stock bonuses. In fact, they may earn from $40,480 to $122,270 during the middle half of their profession.
Management Consultant
Management consultants are graduates of PhD in finance course help the top leadership of corporations in developing sufficient and efficient internal controls that avoid losses in their business operations. These losses may be due to technological malfunction, error, or fraud. They use tools for complex risk management so as to avoid financial risks in business transactions. They develop computer algorithms to determine, evaluate, and monitor financial risks. The data from BLS reveal that the median annual wages of finance management consultants reached $73,570 in 2008.
Investment Research Analyst
Most investment research analysts, who are usually PhD in finance graduates, apply their expertise to financial institutions such as an insurance company, a bank, or a hedge fund. They make an evaluation on the operating data of a region, a business enterprise, or a country and provide real-time investment advice to the propriety traders, portfolio managers, and clients of the firm. Based on the polls conducted by BLS, the median salaries of investment research analysts may reach to $73,150 as of 2008, which exclude stock bonuses and performance-based cash.
Most Popular Pages
- A Doctoral Degree Earned At Home
- Choosing The Right Online Doctorate Program
- A Safer Way To Earn A Degree Online
- Online PhD UK-PhD by publications in UK universities
- Online PhD UK-University of Nottingham
- Online PhD UK - Distance PhDs in UK Universities
- Online PhD Degree Programs-Colorado State University
- Online PhD Degree Programs - Boston University
- Online PhD Degree Programs-Michigan State University
- Online PhD Degree Programs-Central Michigan University
Topics: PhD in finance | No Comments »
Comments are closed.