Have you ever thought about a career in financial management?

Despite the fact that the United Kingdom's financial industry is feeling an awful lot of the backlash following the ongoing financial problems we all face on a day to day basis, there are more people than ever who have decided that a career in financial management may just be the right move for them. Today we're going to take a look at what you need in order to get involved in this fast moving industry.

Just like with most careers these days, in order to get your foot in the door in financial management you're going to need to have at least a HND in a relevant subject, although your life will be an awful lot easier if you have an honours degree under your belt.

Acceptable subjects for those who want to work in the financial industry include business management, accountancy, public government, administration and business, although there are plenty of other qualifications that will also be deemed acceptable by many financial companies.

As a financial manager, you can take the path of working with individuals or with businesses. While there are many similarities between the two, it is certainly worth noting that they are ultimately two very different disciplines, and you will be able to make a lot more money working on corporate accounts than private ones. Average wage for entry level workers in both sectors can range from around £22,000 per year to £28,000 per year, depending on the company in question, and depending on the career path you choose, it is possible for you to earn in excess of £80,000 per year in the later years of your career.

Your day to day tasks for both will include looking over finances, suggesting changes in spending patterns, working with the account holders to increase the quality of potential investments, suggesting new financial services that may be of interest to the account holders and ensuring that any debt is managed quickly and efficiently so that the account holders can look forward to a debt free future.

There are a number of high profile financial companies in the United Kingdom who are always on the lookout for people to work in financial management, as well as specialist positions within companies.

If you're looking for a job in the financial sector, we recommend starting by checking out the websites of the major financial institutions in the United Kingdom, such as Royal Bank of Scotland, HSBC, Barclays and TSB.

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