6 entry-level careers in finance without a degree
By: Virgo Financial
Tags: Entry Level, Careers, Financial Services, Money, Career Change

Are you interested in a career in the lucrative industry of finance? Are you looking for a career change to fulfill your purpose? Here are 6 career paths in finance that helps people and pays well. There are several options that you can pursue with an online certificate and/or on the job training.

1.Bank Teller

2.Bookkeeping

3.Insurance Sales Agent

4. Tax Professional

5. Mortgage Loan Officer

6. Credit Analyst

1.Bank Teller

Provides account services to customers by receiving deposits and loan payments, cashing checks, issuing savings withdrawals, and recording night and mail deposits. Sells cashier’s checks, traveler’s checks, and series e bonds. … Reconciles loan coupons and other transactions.

Education: High School Diploma

Average Yearly Salary: $23,000

2.Bookkeeping

Bookkeepers oversee a company’s financial data and compliance by maintaining accurate books on accounts payable and receivable, payroll, and daily financial entries and reconciliations. They perform daily accounting tasks such as monthly financial reporting, general ledger entries, and record payments and adjustments.

Education: High School Diploma/ Certificate (for credibility)

Average Yearly Salary: $37,250

3. Insurance Sales Agent

Insurance agents sell and negotiate life, health, property, or other types of insurance to match the needs of their clients. As an insurance agent, you may work for an insurance company, refer clients to independent brokers, or work as an independent broker.

Education: High School Diploma/ 20 Hour Pre-licensing Course

Average Yearly Salary: $39,037

4. Tax Professional

A Tax Preparer is a qualified professional who assists clients to file their income tax returns. They meet with clients during the tax preparation process to review financial records, complete all tax forms, and ensure that completed forms follow legislation and regulations.

Education: High School Diploma

Average Yearly Salary: $50,264

5. Mortgage Loan Officer

Approves mortgage loans by examining application and supporting documentation; estimating credit-worthiness; calculating repayment risk. Competes mortgage loans by monitoring collection, verification, and preparation of mortgage loan documentation; scheduling and completing mortgage loan closing.

Education: High School Diploma/ 20 Hour Pre-Licensing Course

Average Yearly Salary: $63,040

6. Credit Analyst

The responsibilities of the credit analyst include analyzing credit data and financial information of persons or companies that are applying for credit or loans to determine the risk that the bank, or other lending or credit-granting institution will not recoup funds loaned.

Education: High School Diploma/ Certification Course

Average Salary: $52,000

The United States Bureau of Labor Statistics expects to see a nearly 17% growth in the number of financial services jobs over the next decade. Nearly 1.2 million new finance jobs will be created due in part to increasing financial regulations and the need for oversight. The time is now to get into the financial services. Money is always a factor in anyone’s life so take the time now to start your career and help our communities excel in financial abundance!