Career in Finance and Mathematics - 1137 Words

Career in Finance and Mathematics An B. Nguyen Grantham University BA550, Finance October 27, 2015 Abstract There is many job opportunity for individual with the career in finance or mathematics background. According to Careers-in-Finance.com, the lowest entry level related to finance start from $35K-$50K annually in small firms and can reach as high as $260K-$390K for large firms. The income can variable depended on the level of education and experiences. Around the finance corporate, there are numerous positions ranging from a financial analyst, who utilize the active/inactive data to generate the forecast that might impact companys profit, or a tax/audit officer who monitors/manage all account business activities to ensure†¦show more content†¦For example, the loan officer in a financial institution have a duty to screen, evaluate, authorize and provide recommendation and approve/rejects personal and businesses loan applications. The job duties included but not limited to develop loan application process, evaluation information/documentation from the applicant (U.S. De partment of Labor). The salaries for occupational in finance among corporate is similar to any other job skills and salaries. It depends on the level of experience and education. According to the Careers-in-Finance.com, the estimated salary in corporate finance with bachelors degree is ranging $35K-$50K and starting salaries with an MBA will range from $55K-$80K per year. However, the Financial Officer is the person typically receive the highest incomes in the finance arena among the corporates and have an estimated salary ranging $95K-$125K in small firms and $260-$390 for large firms. In according to the U.S. States Department of Labor, the 2010’s median earning for this position is still hovering between $86K-$98K per year. The median earning for loan officer also depends on the level of experiences, education and the size of the firms. But according to the 2010’s occupational earning table, the annual salary for loan officer is $58K-$66K, and the portfolio manager is estimated between $68K-$78K annually. The income can increase depend on the level of experiences and educations (U.S.Show MoreRelatedStatement of Purpose996 Words   |  4 Pagesutilize newer principles, methodologies, tools and practices in the field of finance. It is this challenging field in which I would like to gain expertise. ACADEMIC BACKGROUND Since school days, I have always been regarded as an academically brilliant, having been awarded scholar badge and merit certificate throughout my school and university education. I was always among the top 5% students. My passion of mathematics and computers led me to choose Computer Engineering as the undergraduate programRead More sop for cass Essay example526 Words   |  3 Pagesam applying for admission to the MSc. program in Mathematical Trading and Finance because I want a career in the area of mathematical finance. In particular, I am interested in the application of mathematical methods to the various areas of finance. In order to gain an appreciation of these and related issues, it is essential for me to have a strong grounding in the areas of advanced mathematics as well as to gain a Finance perspective. I believe that my educational background has instilled in meRead MoreFinancial Statement Thesis Statement767 Words   |  4 Pagesprogram at Carroll School will help my professional experience and academic training come together in the long term - My long term career goal is to become a Finance Professor to teach, conduct research, and produce research publications that would add value and contribute to my field of specialization. At Carroll School, I intend to concentrate in Behavior Finance and Comparative Study between Developed and Emerging Financial Markets. I have over 15 years stock investment experience in ChineseRead MoreStatement of Purpose for a Career in Computational Finance1041 Words   |  4 PagesThe world of Finance is by no means a new concept for me. Watching â€Å"Mad money with Jim Cramer† videos on cnbc.com for his daily stock picks is a ritual. I would study the company’s business model, perform very rudimentary fundamental and qualitative analysis on these picks and if its intrinsic value matched the criteria set, I would add it to my portfolio on Investopedia.com. Apart from this, I also spent a considerable amount of time researching on various stock picking strategies to further strengthenRead MorePersonal Statement: Business Administration Field Essay683 Words   |  3 PagesMATLAB to enhance my quantitative skills further. Thereon, my preoccupation to understand the functioning of a business and my inquisitive nature, led me to take a Masters in Business Administration (MBA), where I realized about my enthusiasm towards finance. During my masters, I enrolled for the course of Financial Engineering, which particularly thrilled me. Through these classes, for the first time, I had the opportunity to delve into details of the structuring and pricing of various complex financialRead MoreComputer Science, Mathematics, And Economics967 Words   |  4 Pagesspread misinformation. The desire for truth about a very important aspect of our lives drove me to start searching for objective information about financial markets. Finance is the discipline that incorporates elements from some of my favorite subjects: computer science, mathematics, and economics. When I dived into the field of finance, all I found was the proverbial â€Å"black box.† The financial market lacked the transparency of other disciplines and remained to this day an ever-changing field. I foundRead MoreThe Impact Of Securitization Techniques On Commercial Mortgages Backed Securities ( Cmbs )804 Words   |  4 Pagesphilosophy, I graduated with a cum laude from Pace University in Quantitative Business Analysis, minor in Mathematics and achieved a major GPA that placed me in the top of my class. In order for myself to become the expert that others rely upon and achieve my careers goals, I must continue my studies. My job placement at Barclay`s since august of 2015 had fortified my interest in the areas of finance as I am able to experience the impact of securitization techniques in Commercial Mortgages Backed SecuritiesRead MoreThe Impact Of Finance On Real Estate Assets And The Economic Outlook Of The Entire World Economy946 Words   |  4 Pagesfascinated me was the influence of finance on real estate assets and the economic outlook of the entire world economy. Studying modules such as, Financial Markets, Multinational Financial Management, Financial Statistics, Mathematics and Economics at university level was the revelation that perfectly matched my ambition in what I wanted to do. Studying the different factors that influence financial markets, organisations and entire nations is combining my interests for Finance to the balance I aimed forRead MoreWhat Makes An Actuary?1424 Words   |  6 PagesThey play a major role in calculating risk for major companies, insurance agencies in partic ular. Their job is to make sure large corporations don’t gamble with their money and make the smartest, most efficient use of it. A knowledge of mathematics, economics, finances, and even psychology are applied to their work in order to fully understand what they are calculating in order to generate the most accurate figures (Bureau). The most common place one will find an actuary is an insurance firm, whereRead MoreReflection Essay935 Words   |  4 Pagesinformation obtained, through this class, to selectively choose a full-time career. I am very happy that I took this class and have already recommended this class to several friends and classmates. As I stated, this class has uncovered information that I did not realize beforehand.I determined that I am an INFJ (Introverted, Intuitive, Feeler, Judger). Next, I discovered that my top five interest areas are taxes accounting, mathematics, science, sales, and programming information systems. Additionally