Career opportunities in finance are varied, and they encompass all industrial groups ranging from line management functions to advisory staff positions. Although any industrial classification scheme is somewhat arbitrary, it may be useful to identify four general sectors in which the financial manager may find himself/herself.
They include positions in the finance arm of large and small privately held and publicly owned firms that sell goods ranging from standardized products to high technology systems.
They include: (1) traditional intermediaries such as commercial banks, savings banks, and credit unions; (2) sell-side institutions such as investment banks handling mergers and acquisitions, public offerings, and sell-side research; (3) buy-side asset management firms, such as pension funds and endowments, mutual funds, hedge funds, venture capital funds, and private equity firms; and (5) non-bank financial intermediaries such as brokerage houses and insurance companies.
They include areas directly related to the finance function itself such as public accounting and financial consulting firms, as well as areas that incorporate finance as a necessary function of their operations, i.e., retailing, tourism, or entertainment.
NOT-FOR-PROFIT OR GOVERNMENT FIRMS/AGENCIES
They include entities providing services in healthcare, education, social services, the arts, etc.
These four sectors all share the skills, tasks and functions that are involved in a financial management position. Students are encouraged to connect with professionals active in their area of interest in order to understand the unique opportunities and challenges in their specific field. With an extensive alumni network, the Boston College Finance Department faculty assist students in making these connections in order to provide career guidance, internships, and future opportunities.