8 Highest Paying Jobs in Finance – Top Skills Required

You must have heard from several acquaintances about the best-paying jobs in finance that are super exciting. And in every story, you must have also heard about the international opportunities that each of them offers after working for some years in India. This must have piqued your interest in knowing some of the job opportunities that offer the best of both – the highest paying finance jobs and international opportunities. If that’s the thought that made you stumble upon this article as well, then let us break it up to you, you don’t need to look any further because we’re about to bring you a list of the highest paying jobs in finance and the skills you would require to get into them. However, one thing you must remember before you begin your search for the top professions in finance is that the coaching institute you choose really matters. A coaching institute not only imparts in-depth professional knowledge but also helps you build industry-relevant skills.

Want to know all about the highest paying jobs in finance? Here’s an industry-wise bifurcation of the top jobs and their pay scale.

Want to know all about the highest paying jobs in finance? Here’s an industry-wise bifurcation of the top jobs and their pay scale.

Highest Paying Jobs in Finance

1. Investment Banker

Investment Banker: As the name suggests, an Investment Banker is an investment professional who works at accounting firms to raise capital for businesses and individuals. This highest-paying job in finance enables professionals to work towards increasing the savings of their clients by investing in capital markets by issuing debt or selling equity in the companies. They implement short-term and long-term financial goals for their clients and help them achieve them through different investment plans. You can become an Investment Banker by pursuing a Chartered Financial Analyst course after your graduation.

Courses to apply for: Chartered Financial Analyst, MBA in Investment Banking, Financial Modeling Certification.

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Skills required to become an Investment Banker 

• Strong communication skills
• Networking skills 
• Researching qualities
• Deal structuring and closing principles
• Quantitative skills

2. Portfolio Manager

Anyone with knowledge of the finance market and a knack for investments can apply for this profession. A Portfolio Manager is responsible for managing their client’s investments in stocks, SIPs, policies, and other investments. Portfolio management is one of the best-paying jobs in finance. You can apply for this position to complete your Chartered Financial Analyst Course. This three-year course equips you with all the concepts of financial management and investment. Portfolio Managers make an exorbitant income through commission and annual management fees. 

Courses to apply for: Chartered Financial Analyst, MBA in Portfolio Management, MBA in Finance

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Skills required to become a Portfolio Manager:

• Ability to work independently
• Great analytical skills
• Communication skills
• Research skills
• Using new-age computer programs
• Being updated with the industrial knowledge, stocks and revenue
• Buy and hold fixed-income securities

3. Certified Management Accounting

When we talk about the highest paying finance jobs, nothing can outrank US Certified Management Accounting. Compared to all the other accounting courses, Indian and global, US CMA offers a better scope and salary. US CMA enables you to not only earn a handsome salary in India but also in other countries. Every company today requires Management Accountants for the analytical and problem-solving skills they possess. You can choose several professions after completing your CMA degree, like Financial Manager, Financial Analyst, Financial Controller, Cost Accountant or CFO, no matter which job profile you choose, you’ll be welcomed with a good salary package in a US-based MNC.

Courses to apply for: US Certified Management Accounting

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Skills required to become a Management Accountant

• Strategic planning
• Performance tracking
• Reporting and control 
• Technology and analytical skills
• Understanding of business operations
• Decision-making and problem-solving skills
• Leadership skills
• Professional ethics and values

4. Financial Planner & Analyst

In this profession, the Analyst is responsible for preparing the company’s profit and loss statement. You will also be required to give certain projections in order to grow the net sales more effectively and speedily. A Financial Planning and Analysis expert has to ensure that the cost of the products sold is in line with the marketing expenses. They also need to make sure that the revenue and profits made by the company are moving as per the target. 

Courses to apply for: Certified Financial Planner, US Certified Management Accounting

Skills required to become a Financial Planner & Analyst

• Strategic thinking
• Data recording and sorting skills
• Presentation skills
• Technologically savvy
• Decision-making skills
• Attention to detail
• Verbal and written fluency

5. Senior Loan Processor:

A senior loan processor as the name suggests is responsible for making an account of client loan transactions and gathers all the information about the assets the client possesses. They also record their income and total debts to make an informed decision on whether the client is eligible for the loan or not. They ensure the accuracy and authenticity of the documents submitted. 

Courses to apply for: MBA in Finance, Bachelor’s in Banking and Finance

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Skills required to become a Senior Loan Processor

• Research skills
• Excellent communication skills
• Analytical skills
• Client servicing 
• Leadership management

Read our blog on Difference between CFA and MBA in Finance

Here was a glimpse into some of the highest-paying jobs in finance. If you are interested in any of these professions you should check the minimum eligibility criteria required to apply for the relevant courses and start with a learning journey right away. In case, the field of investment interests you, the CFA course would be a great option for you. The Chartered Financial Analyst is a globally recognised qualification in the field of finance and investment. If you have recently completed your graduation or are appearing for your final semester, you may be eligible to become a CFA. Interested? We highly recommend checking out our Chartered Financial Analyst (CFA) course.

However, if you want to get into Management Accounting, Certified Management Accountant (CMA) is what you should be applying for. CMA is a credential awarded by the Institute for Management Accountants, USA. This global certification is open to all students who have completed their 10+2 or the high school equivalent. If you are interested in pursuing a career in accounting, check out our Certified Management Accountant (CMA) course.

FAQs

1. What are some of the most common skills required for a finance job?
Professionals in the field of finance and accounting are expected to have analytical, mathematical and accounting skills with some business intelligence.

2. What are the soft skills required to ace a finance job?
The soft skills required to ace your finance job are top communication skills, problem-solving skills, financial reporting, hands-on knowledge of digital tools and the will to innovate.

3. Which investment related job offers the highest salary?
Portfolio Managers and Hedge Fund Managers draw the highest salaries in the field of investment. While a Portfolio Manager makes an average of 7 to 8 lpa, a Hedge Fund Manager also makes around the same exclusive of the incentives.

Partham Barot is an ACCA-certified professional. showcasing his expertise in finance and accountancy. he’s revolutionising education by focusing on practical, real-world skills. Partham’s achievements underscore his commitment to elevating educational standards and empowering the next generation of professionals.