What is it like being a Financial Consultant at a bank?
963171
The Dept. of Labor Career Guide offers information on this career:\n\nhttp://www.bls.gov/oco/cg/cgs029.htm
240717
Personally, no.  But I've had quite a few friends who have gone.  I'd recommend it. I wish I had gone, but was into travelling.\nAnyway, they offer some good courses, you can learn a trade you can get into when you leave, you earn money while you're there. After you "graduate", the money you've earned is given to you in a lump-sum check to get you started, like renting an apartment, etc.
131049
A Bank's directors have completely different duties from mere Bank employees.\n\nEmployees perform the day to day operations of the Bank: tellers, customer service reps, janitors, IT people.\n\nDirectors sit on a Bank's Board of Directors and they make major policy decisions for a Bank.  They approve huge business loans. They decide whether the Bank should hire more people and who.  They fix problems identified by the Banks regulators and consultants.
787370
a bank is a place where many transactions takes place like,depositing money,withdrawing money,opening accounts,sending money from one account to another,u can also keep ur jewellery or important documents or papers or anything very precious in its locker.\nis it enuf?\n:-)
131543
Investment Banking can be very high paying, if you can make it.  Very competitive.  It takes a lot of hard work and some luck to get deals done.  Being smart and having a good financial education is just part of it.  You have to be able to find and land the deals that get done.  It is profession where you chase a lot of dead ends to find the one good thing.  It is high paying but not for everyone.
825382
Always take an interview, either real or for a class assignment with professionalism. Who knows if after college you might want to work for the bank? Plus, this sharpens your critique and mannerisms for the future (as well as get suggestions.)
923307
Not uncommon. Not fair.\n\nIf you work for a bank, they have to be open.
401025
I used to be at a bank too, and my father sits on the board of directors. The problem with banking is that there is no room for advancement. The people at the top usually stay there til they are either fired or retire. I know people who have been there even longer then you who are still at the same level. do you work for a small branch or a large one like bank of america? it is probably easier to work up at a bigger branch
1040934
Most of the big banks are pretty much the same these days. Personally I do 100% o fmy banking with Charles Schwab, and I would not change to any bank from them. Their custome service is way better than a bank, and they offer more services.
544293
Heh.  The question was about jobs, not trading strategies.\n\nYou could try compliance if it interests you.  To me, that's not very interesting, but to each her own.  It also depends on what you see yourself doing in maybe 10 years.  If you still think you would be interested in compliance, go for it.  I don't know if there's that much upward mobility, though, if you want to move up the chain in a few years.\n\nInvestment banking is mainly acting as a saleperson if you're part of the actual banking division.  They try to get clients to use that bank to finance deals.  So, if you're great at sales, then i-banking might be a good field.\n\nI know the actual government doesn't have great job prospects, but maybe you could find your niche at some other corporation that is to your liking but you can still apply some of your government knowledge.  It's kind of tough to recommend anything without knowing more.
422300
Do everything in all the answers given.\nPlus do yourself a favour.\nIt is tedious and takes effort but;\nMake a business plan. It is an organizational\nway to prepare yourself to open a business, and to \nsucceed, by taking all things into consideration.\nMany banks provide Business Planning Software. You just need to fill out the blanks.  Do not shelve all you paper work, follow your plan.
220305
Well as far as i have made job decriptions this is the basic Job Description of Cheif Accountant: \n\nIdeal candidate must have extensive experience in financial reporting, internal control, financial analysis, budgeting, forecasting, insurance and accounting. To qualify for the role you need to have over 4-6 years post qualification experience in supervisory capacity within the finance function.\n\nFinance Manager Job description is really an art work, check this description I use at my job:\n\nSignificant Points\nAbout 3 out of 10 work in finance and insurance industries. \nA bachelor’s degree in finance, accounting, or a related field is the minimum academic preparation, but many employers increasingly seek graduates with a master’s degree in business administration, economics, finance, or risk management. \nExperience may be more important than formal education for some financial manager positions—most notably, branch managers in banks. \nJobseekers are likely to face competition. \n\nThe duties of financial managers vary with their specific titles, which include controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager.\n\nEssential Job Functions:\nAnalyzes complex financial data and extracts and defines relevant information; interprets data for the purpose of determining past financial performance and/or to project a financial probability.\n\nOversees the development of unrestricted funds budgets, research grants and contracts, revenues, and/or gift accounts. Analyzes budget patterns and projects expenditures.\n\nOversees the preparation of working papers and approved budgets; ensures that expenditures for budgets, and grants and contracts are monitored and that reports are prepared to maintain balanced accounts.\n\nDevelops management, narrative, and statistical reports for private and government donors.\n\nDevelops and oversees the maintenance of budget monitoring systems.\n\nDevelops complex financial reports for forecasting, trending, and results analysis.\n\nMonitors, identifies, and communicates overexpenditures to faculty and administrative staff. May resolve funding shortfalls.\n\nKeeps abreast of laws and regulations that apply to a particular staff function or field of professional expertise to maintain up-to-date compliance.\n\nOversees the receipt of payments from sponsors. May participate in the development of payment schedules.\n\nUses appropriate cost rates, such as indirect and benefit rates for proposed budgets. Reviews budget justification to ensure it relates to budgeted dollars. Confirms that anticipated promotions and other increases are calculated into the cost of project. Ensures compliance with all relevant university and/or agency regulations and restrictions.\n\nOversees budget accounts once award(s) has been granted or contract(s) signed. Provides oversight for the expenditure of funds, ensuring that funds are expended according to sponsoring organization's stipulations.\n\nConfers with appropriate internal and external administrative offices to ensure that required procedures are followed. Provides instruction and answers questions relating to budget procedures and serves as liaison between the business office and unit areas. Identifies budget issues, provides alternative solutions, and resolves problems.\n\nMonitors and approves expenditures throughout the budgetary period.\n\nPrepares and processes payroll documents needed to implement payroll/personnel transactions. Applies knowledge of procedures to review and record personnel activities of individuals compensated through federally-funded projects.\n\nMaintains individual attendance records and payroll processing.\n\nUses various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and/or format data and/or reports.
468996
NO. Ameriprise Financial is a Financial Services Corporation. I used to work for them. You are hired as a financial advisor. It is just like any other sales job except the only way to make any money is to provide all your own leads. The company provided leads are all very very cold.
821984
You need some level of understanding of Accounting if you're going to be a FI Consultant...\n\nIf you're technical, wouldn't SAP Basis be a better fit for you?
456557
work for the bank that your planning to rob or scam people into thinking that they getting a /personall business accounts by using a well know brand like Natwest, etc.
366692
Let me know, I have an MBA, and over 10 years financial services experience.
1032358
Perhaps working as Treasurer for a large church or planner/purchaser for an organization that requires a degree such as yours (i.e. a college/university, municipal/city manager, transit authority). Maybe even a professor of Finance for someone to learn what you've learned. Nowadays, the world of finance includes a broader/global outlook. Wallstreet is another possibility (a stock broker)? Don't forget the many avenues of the sports world and how finances run every aspect of it's engine\n(i.e. agents for those who play the games, managers who run the leagues and need someone who recognizes how much is enough) \n\nThese are just a few ideas. Good Luck! \nThere are wide-open spaces to explore.