25+ Best Entry Level Finance Jobs (Top Picks)

25+ Best Entry Level Finance Jobs (Top Picks)

In this article, we cover the best entry-level finance jobs available.

A career in finance can seem overwhelming at first due to the competition, but finance consistently has relatively low unemployment rates and there is always demand for a variety of finance roles.

It can be a steady, high-paying career.

Many entry-level finance jobs may not be your dream job, but many can provide great career optionality going forward.

On top of that, most entry-level finance jobs start at $50k to $100k per year, which is a good start.

BLS expects financial jobs to grow by 8 percent in the 2020s, or around another 750,000 jobs created in the sector.

What is the outlook for financial careers?

The demand for financial services is expected to continue as people become more financially sophisticated and as the economy grows.

Finance is one of those things that’s a part of everyone’s lives no matter where they work, so there will always be demand for various forms of financial services.

 

How to start a career in finance?

There are a few ways to get into finance.

The most common way is to get a degree in business, economics, or accounting and then specialize in finance (or at least take finance classes).

You can also major in mathematics or another quantitative field and get a job in financial analysis or risk management.

You can also start working in the industry without a specialized finance degree, but your options will be more limited.

 

Best Entry Level Finance Jobs

Here are some of the best entry-level finance jobs:

#1 Investment Banking Analyst

The investment banking analyst is the most common entry-level position in finance.

You’ll work with a team of bankers to help companies and governments raise money by issuing and selling securities, advising, and helping with M&A activity.

Analyst roles are divided into two types: front office and back office (and sometimes, three, middle office).

Front office analysts work more directly with clients and are more directly involved in generating revenue, while back office analysts support front office operations.

Both types of analysts do a lot of financial modeling, which is used to value companies and make recommendations about deals.

The use of Excel and PowerPoint is common.

Investment banking is a very demanding job, so it’s important to be able to work long hours and handle stress well.

It’s not uncommon for investment banking analysts and associates to be asked to work at least 60 hours per week. Sometimes it may stretch over 100 hours per week if in the middle of a deal.

The best investment banking jobs are concentrated in popular global finance centers, including New York, London, Tokyo, and Singapore.

Many cities specialize in investment banking in certain sectors, like San Francisco (tech), Los Angeles (gaming, lodging, leisure, real estate), Houston (oil and gas), and Chicago (industrials).

Generally, the larger the city, the higher the pay, due to cost of living and deal flow.

Investment banking is in high demand for graduates looking to get into finance due to its potential for great career optionality, such as private equity, hedge funds, or continuing on into higher-paying jobs in investment banking (including associate, vice president, executive director, and managing director roles).

The average starting salary for an investment banking analyst is around $85,000. Many investment banks provide bonuses.

#2 Financial Analyst

A financial analyst provides analysis and recommendations to companies and individuals making investment decisions.

They research companies and industries, analyze financial statements, and build financial models to value companies.

They also make recommendations about whether to buy or sell stocks.

Financial analysts typically have a bachelor’s degree in business, economics, or accounting.

Many firms also require that analysts pass the CFA exam.

The average starting salary for a financial analyst out of college is about $60,000 but can go higher. The median in the industry is around $85,000 per year.

#3 Accountant

An accountant prepares and examines financial records. They ensure that records are accurate and that taxes are paid properly and on time. They may give clients advice on how to fill out certain tax forms (e.g., 1099-INT, 8606).

Accountants also create financial reports and provide advice to clients on how to save money and reduce costs.

Most accountants have a bachelor’s degree in accounting, but some firms will hire people with a bachelor’s degree in business or economics.

CPA certification is also often required.

The average starting salary for an accountant is $60,000, with a median salary (all experience levels) of around $80,000.

#4 Financial Advisor

A financial advisor provides advice to clients about how to save, invest, and grow their money.

They typically work for banks, investment firms, or insurance companies. Some are independent.

Financial advisors typically have a bachelor’s degree in business, economics, or finance.

Many states also require that financial advisors pass the Series 7 exam.

The average starting salary for a financial advisor is about $60,000, with a median salary (all experience levels) of around $100,000.

#5 Loan Officer

A loan officer helps people and businesses get loans from banks and other financial institutions.

They evaluate loan applications, verify information, and make recommendations about whether to approve or deny the loan.

Loan officers typically have a bachelor’s degree in business, economics, or finance.

The average starting salary for a loan officer is $45,000 to 50,000, with a median salary (all experience levels) of around $65,000.

#6 Budget Analyst

A budget analyst helps businesses and governments plan their spending.

They prepare reports on how money is being spent and make recommendations about how to save money or allocate financial resources in a more optimal way.

Budget analysts typically have a bachelor’s degree in business, economics, or accounting.

The average starting salary for a budget analyst is $50,000, with a median salary (all experience levels) of around $85,000.

Best Entry Level Finance Jobs

#7 Credit Analyst

A credit analyst helps banks and other financial institutions make lending decisions.

They analyze financial statements, credit reports, and other information to determine whether a borrower is likely to repay a loan.

Credit analysts typically have a bachelor’s degree in business, economics, or finance.

The average starting salary for a credit analyst is $55,000, with a median salary (all experience levels) of around $78,000.

#8 Financial Examiner

A financial examiner helps banks and other financial institutions comply with regulations.

They examine financial statements, audit records, and other documents to ensure that institutions are following laws and regulations.

Financial examiners typically have a bachelor’s degree in business, accounting, or economics.

Many states also require that financial examiners pass the CPA exam.

The average starting salary for a financial examiner is $60,000, with a median salary (all experience levels) of around $85,000.

#9 Insurance Underwriter

An insurance underwriter evaluates insurance applications and decides whether to approve them.

They consider factors such as the applicant’s age, health, and criminal history to determine whether they are a good risk.

Insurance underwriters typically have a bachelor’s degree in business or economics.

The average starting salary for an insurance underwriter is $55,000, with a median salary (all experience levels) of around $80,000.

#10 Compliance Officer

A compliance officer helps businesses and organizations comply with laws and regulations.

They develop policies, conduct audits, and investigate complaints.

Compliance officers typically have a bachelor’s degree in business, law, or accounting.

The average starting salary for a compliance officer is $50,000, with a median salary (all experience levels) of around $80,000.

But compliance pay can potentially be significantly higher because Chief Compliance Officer (CCO) is a C-suite role.

#11 Claims Adjuster

A claims adjuster investigates insurance claims and decides whether to approve them.

They interview claimants and witnesses, inspect property damage, and review police reports to determine who is at fault.

Claims adjusters typically have a bachelor’s degree in business or economics.

The average starting salary for a claims adjuster is $50,000, with a median salary (all experience levels) of around $70,000.

#12 Auditor

An auditor examines the financial records of businesses and organizations to ensure that they are accurate.

They also review internal controls to prevent fraud.

Auditors typically have a bachelor’s degree in accounting.

Many states also require that auditors pass the CPA exam.

The average starting salary for an auditor is $60,000, with a median salary (all experience levels) of around $80,000.

#13 Compensation, Benefits, and Job Analysis Specialists

Compensation, benefits, and job analysis specialists help businesses develop and implement employee compensation and benefits programs.

They also conduct job analyses to assess the skills, duties, and qualifications required for a particular job.

Compensation, benefits, and job analysis specialists typically have a bachelor’s degree in business or human resources.

The average starting salary for a compensation, benefits, and job analysis specialist is $50,000, with a median salary (all experience levels) of around $68,000.

#14 Logistician

A logistician is a business professional who specializes in the planning and coordination of resources.

They ensure that materials, supplies, and personnel are available when and where they are needed.

Logisticians typically have a bachelor’s degree in business, logistics, or supply chain management.

The average starting salary for a logistician is $60,000, with a median salary (all experience levels) of around $80,000.

#15 Business Continuity Planner

A business continuity planner helps businesses plan for disruptions such as natural disasters, power outages, and data breaches.

They develop policies and procedures to ensure that businesses can continue to operate during an interruption.

Business continuity planners typically have a bachelor’s degree in business or emergency management.

The average starting salary for a business continuity planner is $50,000, with a median salary (all experience levels) of around $65,000.

Best Entry Level Finance Jobs

#16 Labor Relations Specialists

Labor relations specialists help businesses and organizations negotiate contracts with employees.

They also resolve disputes between employees and management.

Labor relations specialists typically have a bachelor’s degree in business or human resources.

The average starting salary for a labor relations specialist is $55,000, with a median salary (all experience levels) of around $80,000.

#17 Recruiter

A recruiter helps businesses find and hire qualified employees.

They identify candidates, conduct interviews, and extend job offers.

Recruiters typically have a bachelor’s degree in business or human resources.

They are sometimes called headhunters, and this term more commonly applies in finance, such as recruiting for private equity and hedge funds and are usually better compensated.

Much of the job is based on commissions, so salaries have a wide distribution.

The average starting salary for a recruiter is $50,000, with a median salary (all experience levels) of around $70,000.

#18 Training and Development Specialist

A training and development specialist helps businesses plan and implement employee training programs.

They also develop and deliver presentations, workshops, and webinars.

Training and development specialists typically have a bachelor’s degree in business or human resources.

The average starting salary for a training and development specialist is $45,000, with a median salary (all experience levels) of around $65,000.

#19 Purchasing Managers, Buyers, and Purchasing Agents

Purchasing managers, buyers, and purchasing agents help businesses and organizations purchase the products and services they need.

They negotiate contracts, select suppliers, and track inventory levels.

Purchasing managers, buyers, and purchasing agents typically have a bachelor’s degree in business or supply chain management.

The average starting salary for a purchasing manager is $50,000, with a median salary (all experience levels) of around $80,000.

#20 Cost Estimator

A cost estimator helps businesses and organizations estimate the cost of goods and services.

They develop cost estimates for new products, projects, and processes.

Cost estimators typically have a bachelor’s degree in engineering, business, or economics.

The average starting salary for a cost estimator is $50,000, with a median salary (all experience levels) of around $70,000.

#21 Market Research Analysts

Market research analysts help businesses and organizations understand their customers.

They collect and analyze data on customer behavior.

Market research analysts typically have a bachelor’s degree in marketing, business, or economics.

The average starting salary for a market research analyst is $50,000, with a median salary (all experience levels) of around $70,000.

#22 Meeting, Convention, and Event Planners

Meeting, convention, and event planners help businesses and organizations plan and coordinate events such as conferences, conventions, and trade shows.

They also plan and coordinate other meetings and events.

Meeting, convention, and event planners typically have a bachelor’s degree in business or hospitality management.

The average starting salary for a meeting, convention, or event planner is $45,000, with a median salary (all experience levels) of around $55,000.

#23 Human Resources Specialists

Human resources specialists help businesses and organizations recruit, hire, and train employees.

They also handle employee benefits and records.

Human resources specialists typically have a bachelor’s degree in business or human resources.

The average starting salary for a human resources specialist is $50,000, with a median salary (all experience levels) of around $65,000.

Best Entry Level Finance Jobs

#24 Property Appraisers and Assessors

Property appraisers and assessors help businesses and organizations value property for tax purposes.

They also help identify properties that are eligible for tax exemptions.

Property appraisers and assessors typically have a bachelor’s degree in business, economics, or accounting.

The average starting salary for a property appraiser is $50,000, with a median salary (all experience levels) of around $65,000.

#25 Fundraisers

Fundraisers help businesses and organizations raise money.

They plan and coordinate fundraising events and campaigns.

Fundraisers typically have a bachelor’s degree in business, marketing, or communications.

The average starting salary for a fundraiser is $45,000, with a median salary (all experience levels) of around $65,000.

#26 Tax Examiners and Collectors, and Revenue Agents

Tax examiners and collectors, and revenue agents help businesses and individuals comply with tax laws.

They also collect taxes owed to the government.

Tax examiners and collectors, and revenue agents typically have a bachelor’s degree in accounting or business.

The average starting salary for a tax examiner is $40,000, with a median salary (all experience levels) of around $60,000.

These are the best entry-level finance jobs that offer great career prospects and good starting salaries. With the right education and training, you can launch your finance career in any of these roles.

Best Entry Level Finance Jobs – FAQs

What are some good entry-level finance jobs?

Here are some of the best entry-level finance jobs:

  • Financial Analyst
  • Accountant
  • Budget Analyst
  • Credit Analyst
  • Loan Officer
  • Financial Examiner
  • Compliance Officer
  • Investment Banker

These are just a few examples of the many entry-level finance jobs available.

With the right education and training, you can launch your finance career in any of these roles.

How much do entry level finance jobs pay?

The average starting salary for an entry-level finance job is somewhere around $50,000 to $60,000.

However, salaries will vary depending on the specific job, employer, and especially location, as local economies and cost of living can vary greatly.

What education is needed for entry level finance jobs?

Most entry-level finance jobs require at least a bachelor’s degree in business, finance, or a related field.

However, some jobs may require additional education or training.

What are the career prospects for entry level finance jobs?

The career prospects for entry level finance jobs are good.

With the right education and training, you can launch your finance career in any of these roles.

How to get entry level finance jobs?

There are a few ways to get entry level finance jobs:

Complete an internship: Many entry-level finance jobs require internships for eligibility. Check with your school’s career center or search online for internships in the finance industry.

Network: Attend finance industry events and meet people who work in the field. They may be able to help you get your foot in the door at their company.

Apply directly: Search online job boards or company websites for entry-level finance jobs. Be sure to tailor your resume and cover letter to each position.

What are the best-paying entry-level finance jobs?

The best-paying entry-level finance jobs include personal financial advisors, management analysts, financial analysts, and financial examiners.

The median pay in each of these four categories was over $80,000 for the latest financial year.

The entry-level salaries often start at around $60,000.

What are the most common entry-level finance jobs?

The most common entry-level finance jobs include financial analysts, accountants, and loan officers.

These jobs offer good career prospects and starting salaries. With the right education and training, you can launch your finance career in any of these roles.

 

Conclusion – Best Entry Level Finance Jobs

There are many different types of entry-level finance jobs available, so there’s sure to be one that’s a good fit for you.

Do some research and explore your options to find the perfect job for you.

Working in finance requires hard work and dedication, but it can be a very rewarding career. There are many different paths available, from entry-level positions to top executive jobs. With the right education and experience, you can find a job that suits your skills and interests.

The best entry-level finance jobs will offer great pay, good job security, and opportunities for advancement.

Some of the best entry-level finance jobs include compliance officer, claims adjuster, auditor, compensation, benefits, and job analysis specialist, logistician, business continuity planner, labor relations specialist, recruiter, and training and development specialist.

These jobs all offer great salaries (typically starting around $50,000 per year), good job security, and opportunities for advancement.

If you’re interested in a career in finance, be sure to explore all of your options to find the perfect job for you.

Best Entry Level Finance Jobs: Compliance Officer, Claims Adjuster, Auditor, Compensation, Benefits, and Job Analysis Specialist, Logistician, Business Continuity Planner, Labor Relations Specialist, Recruiter, Training and Development Specialist.

Best-Paying Entry Level Finance Jobs: Personal Financial Advisors, Management Analysts, Financial Analysts, Financial Examiners.

Most Common Entry Level Finance Jobs: Financial Analysts, Accountants, Loan Officers.

 

 

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