Finance direction:

Finance has always been among the top five majors that students apply for. This is inseparable from the high income in its employment industry. Experts from the Haiwen Education Research Center took stock of the employment directions in finance, summarized eight major employment directions, and conducted an in-depth analysis of them. I hope it can provide some help to students applying for finance.

1. The Central (People’s) Bank, the Banking Regulatory Commission, the Securities Regulatory Commission, and the Insurance Regulatory Commission are the financial industry regulatory agencies.

Being a financial official in the industry supervision and management department should be the first choice for finance graduate students. First of all, Chinese finance is based on macroeconomics and macro-control of the financial market. It is easier to get started with professional applications and has a better understanding of policies. Secondly, working in an industry management department for three to five years before entering a practical institution can at least provide you with a middle-level job. above positions. Its limitation is that it is more difficult to enter the competent departments of these industries and may require background support. It is more difficult for undergraduates to enter unless they are really excellent.

2. Commercial banks, including the four major banks and joint-stock commercial banks, city commercial banks, and domestic branches of foreign banks.

It is a good choice for graduates to first enter the four major state-owned commercial banks. Because you have certain banking experience and professional background, the possibility of joining a joint-stock commercial bank or a foreign bank's branch in China will increase. Many students initially joined the four major state-owned banks. After the rapid development of city joint-stock commercial banks, they changed jobs one after another and became the backbone of city commercial banks and joint-stock commercial banks. Many became middle managers, and a few became senior leaders. The flexible and pragmatic approach of city commercial banks and joint-stock commercial banks in appointing cadres regardless of seniority has made the four major banks the "Whampoa Military Academy" for their professional talents, and this situation continues to this day. In addition, although the four major state-owned banks have some legacy bureaucratic habits, their stable income, lighter pressure, and higher welfare levels are still attractive, especially for female students. It is a good choice. It is recommended that friends who are interested in the four major state-owned commercial banks focus their professional direction on commercial bank operation and management, international finance, monetary policy, etc.

3. Policy banks such as China Development Bank and Agricultural Development Bank of China.

Policy banks such as Development Bank and Agricultural Development Bank are also better choices, but their work nature is similar to that of civil servants, and their financial services are not outstanding. They rely on policies to make a living. The benefits to their personal careers are relatively Industry regulatory authorities and commercial banks are still weak. If you want to become a temporary success in the financial field, it is best not to choose such units. However, the current salary levels and benefits of such units are better than those of commercial banks, and this has become a highlight that attracts the attention of graduates.

4. Financial companies with high risks such as securities companies (including fund management companies), trust investment companies, and financial holding groups.

Securities, trusts, and funds all rely on risk management, and there are systemic risk factors in the industry. However, if they are all prosperous, it is relatively easy to make money, and the short-term returns are high (the risks are also high), and If you want to develop and make achievements professionally, working according to a real enterprise management mechanism is an excellent choice in this industry. Many fund managers and investment bank managers have annual salaries of over one million. The difficulty is that academic requirements are gradually increasing. The minimum requirement is a master's degree. Compared with banks and other financial institutions, personal investment management and financial operation capabilities are required to be higher. If you are interested in these industries, you can choose securities investment, financial markets, and financial engineering majors. , if you are studying financial management or master's degree in law (undergraduate degree is financial economics), this is also a good choice. The recent resurgence of the trust industry has created a new choice for graduates majoring in finance and other majors, and the operational strategies of its large investment banks have led them to pursue an elite line in the use of personnel. There is a saying in the investment industry: "Eighty percent of a company's profits are created by less than five percent of its employees." The current employment thinking of the above three companies is to actively poach people, and these three companies have the highest staff mobility in the financial industry.

Elite talents who are interested in risk management, travel all day long, suffer from stomachache all year round, and have no fixed place to live may wish to choose this industry. Of course, it cannot be denied that the rewards this industry gives you are directly proportional to your investment. It is recommended that male students choose this industry and they should have more development.

5. The four major asset management companies, financial leasing, and guarantee companies.

The four major asset management companies are similar to policy banks, and their original purpose and role are gradually fading. The financial leasing and guarantee industries are developing rapidly, and you can consider entering them. Of course, if you have experience in banking or securities, you should be more successful in this industry.

6. Insurance companies and insurance brokerage companies. Social Security Fund Management Center or Social Security Bureau.

Insurance companies can refer to the analysis of commercial banks. After working for several years and gaining experience in insurance marketing and risk management, there is still a lot to be done under the opportunity of the rapid growth of domestic joint-stock insurance institutions and the entry of foreign-funded insurance institutions. . The actuarial major is very popular. Social security centers and financial audit departments are places for retirement, which are more stable than flexible. Of course, friends who hope to get stable returns may wish to consider them as an option.

7. Securities department, finance department, securities affairs representative, board secretariat, etc. of listed (to be listed) joint-stock companies.

Working experience in the securities department of a listed company is also acceptable. You have the ability to span both sectors of the securities industry, and you need to have a foothold in development. If you have done the entire IPO preparation work, it will be more beneficial to your future career. It requires higher financial and industrial analysis capabilities, and you must strengthen your learning in this area.

8. Government administrative agencies such as national civil servants such as finance, auditing, customs departments, etc.; teachers of finance majors in colleges and universities; researchers in research institutions.

Universities and research institutes are the first choice for students who are interested in doing academic work. This is obvious and I won’t go into details.

Overall Overview

Compared with undergraduates, graduate students majoring in economics have improved their knowledge structure and scientific research capabilities after several years of further study and careful guidance from their tutors. With a certain improvement, the employment opportunities have also been correspondingly expanded.

Generally speaking, graduates can choose to study abroad or find employment domestically. Under the current financial crisis, the employment of graduates majoring in economics is affected. Overall, it has become more difficult for graduates to enter foreign-funded enterprises. The employment of students in majors such as international trade that are closely related to global economic trends has been greatly affected, and the import and export industry has a tendency to reduce the number of recruits. However, the impact of the financial crisis on local companies is not so obvious. In November 2008, South China Agricultural University held a special job fair for banking, securities, insurance, accounting, and marketing. 100 companies had 120 booths, providing more than 1,000 positions, and about 12,000 students attended. Some securities companies and insurance companies have gone against the market to recruit people and reserve talents. Of course, the talents they recruit must be high-quality talents, and high education is also one of them.

If we look at the employment problem of economics-related majors alone, it may seem pessimistic, but if we look at the entire employment environment, the employment rate of economics disciplines is not bad. Employment has become a world-class problem, and the financial crisis will largely change people's views on popular and unpopular majors. No matter what the current situation is, all we can do is to try our best to play the deck of cards in our hands, no matter whether the cards are good or bad.

Graduates who have graduated from theoretical economics can be employed flexibly due to their basic skills and can engage in economic analysis in comprehensive economic management departments, policy research departments, economic consulting units, financial institutions, universities, scientific research institutes, etc. , forecasting, planning and other scientific research work and economic professional teaching work, and some graduates have entered news, publishing and other departments.

Applied economics graduates can choose a career based on the characteristics of their major.

Generally speaking, international trade majors are mainly engaged in practical business, management and scientific research in foreign-related economic and trade departments, foreign-funded enterprises and theoretical research institutions; graduates of finance majors are mainly engaged in banking, securities, investment, insurance and other economic management departments. Related jobs; Finance major graduates are mainly engaged in related jobs in finance, taxation and other economic management departments and enterprises; Statistics major graduates can engage in research and teaching work in scientific research and education departments, and can also enter economic management departments and major companies Perform statistical analysis and budgeting work.

In short, graduates majoring in economics have very broad employment prospects. They can make great achievements in the fields of trading business, financial business, securities investment, banking system, insurance industry, etc., and can engage in scientific research in schools and scientific research units. And teaching work, you can also work in relevant government departments to engage in investment-related policy formulation and policy management.

On the whole, after graduating with a master's degree in economics, there is still a lot of room for employment. However, after graduating from majors such as national economics, industrial economics, regional economics, quantitative economics, and Western economics, , more of them are engaged in research work. According to the observation and statistics of the Economics Examination Center, it is found that there are not a few economics master's students who pay attention to practice during school and have a strong research foundation. They have an annual salary of more than 100,000 just after leaving school. .

In order to help students preparing for the 2009 master's degree in economics understand the career prospects of master's students in economics so that they can choose their future major, the Educational Economics Examination Center specially organized manpower to sort out relevant information and conduct a comprehensive review of economics. The employment direction, salary situation, industry, employment prospects, career development and other aspects of master's degrees in each major are statistically analyzed for the benefit of readers and students. This article conducts a series of observations and statistical analyzes on the majors of national economics, industrial economics, regional economics, and quantitative economics.

Employment status

In recent years, you can usually see many economists and financial experts high-spirited under the flashlight. However, according to statistics, in 2003, the first-time employment of economics majors in Guangdong Province The rate is below 50, and the average initial employment rate of various majors in the province has reached 75. It can be seen that employment for undergraduates majoring in economics is not ideal. The reason is twofold. First of all, the demand for economics talents is mainly concentrated in the high-end market, such as university teachers and market research and analysis of large companies, fund managers, investment managers, etc.; secondly, the economics undergraduate curriculum is wide-ranging, but the practical skills are not specialized and the research depth is not enough. The employment situation of graduate students in majors such as national economics, industrial economics, regional economics, quantitative economics, and Western economics cannot be said to be very ideal, but it is not difficult to find a job. There are not many jobs with high salary levels.

A list of employment directions

Whether you are a bachelor's degree graduate or a master's degree graduate, the general employment directions of economics graduates include economic analysis and forecasting, foreign trade, marketing, management, etc. , if you can obtain some qualifications, the employment opportunities will be wider, the employment level will be higher, and the remuneration will be better, such as Chartered Financial Analyst (CFA), Chartered Wealth Manager (CWM), Fund Manager, Actuary, Securities Broker , stock analysts, etc.

(1) Economic forecasters and analysts

This position can be found in various industries, but generally only for multinational companies, large and medium-sized enterprises, government economic decision-making departments, and public research The organization will set it up. Mainly responsible for the collection and analysis of various market data. The importance of this position is becoming increasingly apparent.

(2) Foreign trade personnel

Sell products produced by the "World Factory" to foreign customers; find foreign sources of goods for domestic customers; organize international trade goods logistics, etc. A considerable number of foreign trade personnel have established their own foreign trade companies after their experience has matured.

(3) Marketing personnel

For industries with a technology background, such as telecommunications, software, etc., the demand for sales will continue to rise. Even in non-technical fields, sales positions have always been one of the most in-demand job categories, and the professional requirements for this position are not very high. Graduate students majoring in economics are often seen among the sales trainees of some multinational companies.

Of course, the pressure in this position is still relatively high.

(4) Management positions

Graduate students are different from undergraduates. Most of them have participated in some social practice while studying for a master's degree and have certain work experience, so they have officially entered the society. You can also get some management positions, such as production management, administrative management, personnel management, financial management, etc.

Employment Prospects Observation

The economics category includes multiple secondary disciplines, and the industries that can be engaged in after graduation are relatively wide. However, according to the employment situation of economics master’s students in recent years, Statistics and sampling, graduates of master's degrees in national economics, industrial economics, regional economics, quantitative economics, Western economics and other majors are mainly employed in the financial system, consulting industry, securities industry, accounting, investment banking, media, and public companies. *** Decision-making or research departments, especially the research and analysis and consulting departments, of course there are also self-employed people or those working in other industries.

The financial system mainly includes banks, securities, investment management, asset management and other companies, and the positions they engage in are mainly research and analysis.

The consulting industry mainly includes management consulting, marketing consulting, IT consulting and other consulting institutions and investment banks, including large multinational consulting companies such as BearingPoint, Accenture, McKinsey, Boston, Bain, Capgemini, and Kearney , Monitor, Deloitte, Boss, PricewaterhouseCoopers, etc., and well-known local consulting companies such as Peking University Zongheng, Hejun Venture Capital, Sinotrust, Yuanzhuo, Hanpu, China Cornerstone, Zuoyou, etc.

The securities industry mainly includes various securities companies, such as CITIC Securities, Guotai Junan, Galaxy Securities, Shenyin Wanguo, China Securities, China Merchants Securities, Guosen Securities, Haitong Securities, Everbright Securities, Huatai Securities, Tianyi Securities, Yuan Securities, United Securities, Shanghai Securities, Beijing Securities, Kunlun Securities, Southwest Securities, Tiantong Securities, Xiangcai Securities, Industrial Securities, Nanjing Securities, Soochow Securities, Minsheng Securities, Bank of China International, Western Securities, Guohai Securities, etc.

The media is also a good industry. Generally speaking, there is a relatively large media space for master’s students majoring in economics, mainly concentrated in financial media, such as Securities Times, Financial Times, China Securities Newspaper, Shanghai Securities News, 21st Century Economic Report, Economic Observer, China Business News, Financial Times, Industrial and Commercial Times, Economic Information News, China Financial News, China Economic Times, China Business Daily, etc.