While many people think of accounting and banking when considering financial careers, there are also many unusual jobs for finance graduates as well. These positions are perfect for graduates who would like a bit of variety in their job roles. And one of the best things about choosing to obtain a non-traditional financial career is that it can provide people with valuable experience in areas outside of their major. Here are a few of these career paths.
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Wealth Management Advisers
One non-traditional job available for financial graduates involves wealth management advising. While many wealth management advisers work for various types of financial consulting firms, some choose to work independently. Their primary goal is to help individuals maintain and/or increase their wealth. They do this in several ways including managing investments, designing investment strategies, evaluating risks, diversifying portfolios to reduce risks, helping with estate planning, and assessing real estate investments. Some wealth management professionals also provide such things as tax and accounting services, banking services, and legal advice.
Environmental Accountants
Another of the unusual jobs for finance graduates is that of an environmental accountant. The main responsibility of environmental accountants is to determine the environmental costs of their employers’ business activities. They accomplish this by identifying the origins of environmental costs and then researching possible ways to reduce these costs through such things as using alternative fuels and chemicals, changing product designs, and implementing more efficient operational processes. According to the website known as Chartered Global Management Accountant, these professionals can effectively improve their employer’s image, increase sales, and reduce unnecessary wasteful consumption of environmental resources.
Talent Acquisition Consultants
Another job that is out of the ordinary for financial grads is that of a talent acquisition consultant. Talent acquisition consultants can work independently, for consulting firms, or in-house for many different types of organizations. Their main goal is to help business managers locate employees who will best meet their companies’ needs. While many of their responsibilities involve making suggestions as to the most effective recruitment methods, they are also responsible for such things as creating job descriptions, posting job opening advertisements, suggesting appropriate salaries and benefit packages, and creating and maintaining recruitment budgets.
Financial Literacy Coordinators
Also among uncommon occupations for financial graduates are financial literacy coordinators. Also known as financial literacy specialists and financial aid counselors, financial literacy coordinators are often found working in the financial aid departments of colleges and universities. These experts have many important responsibilities including counseling students about financial aid, managing student loan borrowing, calculating and changing financial aid awards, creating financial aid communications, arranging financial aid activities and events, and monitoring loan defaults and delinquencies. Persons who choose this career should have expert knowledge in Microsoft Word, Excel and PowerPoint.
Pricing Strategy Managers
Becoming a pricing strategy manager is yet another uncommon career choice for financial graduates. Sometimes referred to as pricing and planning managers or simply pricing managers, pricing strategy managers create effective pricing strategies for their employer’s products and/or services. Due to the nature of their job roles, they spend much of their time working closely with teams in production, sales, marketing, and public relations. Common tasks performed by pricing strategy managers include evaluating production costs, developing pricing discount programs, creating promotional campaigns, measuring customer satisfaction, and tracking market trends.
Financial experts are needed in many more occupations than simply accounting and banking. These five positions represent a number of unique and unusual jobs for finance graduates.