There's no doubt that people who are interested in a career in finance hear criticism about how monotonous it is and how underpaid they are. After all, professionals in finance don't start making money until they've been in the business for at least four to five years, and they work around 100 hours a week. While these criticisms are true, they shouldn't scare you away from finance altogether.
Accounting
Finance jobs are lucrative, but they can also be boring. One study found that accountants and people associated with the industry were viewed as the most boring people in the world. Despite their high pay, accountants are considered to be dull, even though they have an excellent understanding of math. Despite this stigma, finance jobs can be exciting and challenging.
Finance jobs can be highly demanding, but they are also very rewarding, and they can be exciting. They also require creative thinking, and the right set of skills can help you grow intellectually and financially. There are many ways to be creative in the finance sector, and it may be right for you.
Investment banking
If you're wondering whether finance jobs are boring, think again. There are a variety of different jobs you can choose from. For example, you can work for a private equity firm or as an investment banker. While you will likely have to spend many hours a week working, you'll also have the benefit of working for a financial institution.
Finance jobs can be highly rewarding, though they're incredibly competitive. You'll want to develop a blend of technical and soft skills to stand out from other candidates. Some of the most glamorous jobs in finance involve investment banking, where you'll help governments and companies raise money.
Corporate banking
The Lehman Brothers meltdown brought an abrupt end to the thrills and excitement of banking. Since then, financial commentators have been railing against the excesses of banks. "Boring banking" has been thrown around to describe a conservative, risk-averse banking sector. In other words, boring banking means not taking risks and focusing on risk management.
In the past, banks were among the most innovative industries in the world. Today, however, they're not. Many observers have noted that the current corporate banking environment is a "boring period." While this non-innovation period is perhaps an anomaly or the new norm, industry experts have identified several reasons for the stagnation.
In the financial services industry, the goal is to gain and maintain clients and to maximize revenue per client. This strategy is commonly referred to as Relationship Management or Coverage Banking. The types of clients are typically categorized according to revenue and risk. The role of a corporate banker varies, and many of the positions require significant amounts of crunching numbers. While some corporate bankers focus on deal execution, others focus on assessing a company's risk profile and managing relationships with its customers.
Personal financial management
Personal financial management is mind-numbingly boring to many people, but for those on the right path, it's not so bad. If you've stopped reading mind-numbing blogs and have a healthy cash flow and debt ratio, then you're on the right track. Financial independence is just a matter of time and degree.
Wealth management
There are two kinds of finance jobs. The first is investment banking, which requires 80+ hours of work a week and doesn't offer much excitement. The second type is wealth management. Both of these positions can be rewarding, but are not particularly exciting. This is because these jobs require a lot of money and require a lot of time, and neither is particularly interesting.
Finance is one of the most lucrative careers out there, but it can also be the most boring. While it may be boring, it pays well and can be a great career choice if you know how to balance risk and reward. In addition, many people in this field believe that the hard work they put in will eventually pay off.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Financial affairs are very important in our time because they have begun to be associated with many fields of work. It is good that a person seeks to establish his financial institution in the end after gaining more experience despite the great efforts made
Yeah, especially financial literacy is also an important point. Something that everyone should also acquire a little bit. A savings plan with a world ETF, simpler and easier it does not go!
Too boring and too many competitors. Some people even think that if you don't know what degree you want, Choose an Accounting degree. Welp, for basic life knowledge, finance and business management are a must for a good life in my opinion. 🤔It's better to learn it for a business career rather than a working career nowadays.
Meanwhile, I'm learning it for my business tax report. So, I won't be depending on others🤣
You should really know which degree you really want. I suppose there is no greater failure rate than the subjects in which students sit who have no interest in their subject.
Yeah those basics are important, but I also think that a little bit more philosophy, especially Stoicism, should also be playing a major role. If you are not happy with your life, how can you achieve anything?
I also have to do my taxes, even if they are not business, the boring part of the year. 😝
You can say that to the young generation. Some of them who are my customer too even asked me that and it's a yearly thing now XD other people show up every year to ask me the same question repeatedly.
They are doing whatever for work. Happiness is outside of degree and career. Same as me too, 🤔Finding happiness in a career is kinda hard with company politics and so on. Someone will stab you if you're too good or too bad. Even in an entrepreneur is the same. 🤣
Life = Work + Outside of Work = Bored + Happy = Balanced life
In my conclusion, Don't need to force yourself to find happiness in work. It's boring and will be boring so nothing changes. If it's happy and something makes it boring (your supervisor tries to make you bad because your boss like you rather than your supervisor or your fellow worker doesn't like your good work and tries bad things to you) >> It increases the chance to resign or the urge not to work anymore. Find happiness with your hobby.
Source: my friends in my generation, 98s.
Yes, but we need to do that so... yeah 😝
These inquiries also tell me that there is a huge demand for relevant information. They probably need courses to find out what they want to do in the future.
Yeah, that's true. Nevertheless, the work should not exactly suck the life out of you. I've been reading a lot in r/antiwork lately and it seems to me that for the most part, many professions lack the pure foundation to even just have a boring work life.
This should then also become all the more burdensome for the younger generation, especially with the latest developments with work from home, eventually leading to dislocations. Quiet quitting and the great resignation do not come from nowhere.
Yes, they really need it. I hope their schools or teachers help them build their future with what their best at if their parents don't care about it (there are some cases like this here).
Real case example:
Me: "Why don't u try to ask ur mom first?"
Him: "She said, 'whatever you want. The important thing is you get paid' "
Me: ...
That's new to me... I seldom read Reddit tho. tyfi
Work from home always get misinterpret especially by their parents here (including me) because of their old mindset: Work is going out of the house, At home means, you're on vacation or you're not working.
Sometimes boredom caused by financial jobs may cause disruption in relationships with others. The whole person thinks about profits and neglects himself. I like projects that take advantage of them mentally in the first place
The pure focus on profit, or just focusing the entire life on the job is in all cases the beginning of the end. What remains is usually very little. Nobody regrets on his deathbed not to have worked more.
I also like your profile pic, i can almost hear those lofi tunes 😌
when a deal is made, whether it is buying or selling money or precious metals, it requires a definite study, but the important thing is to see the market news and major companies, even the aspect of expertise is very important.
Many factors that determine something like that. But even all the knowledge in the world will not get you there. Practice and luck are certainly also part of it.