Sunday, October 27, 2013

How to get into corporate finance? and Michigan Senate Finance Committee Hearing Photo by Michigan Municipal League

How to get into corporate finance?



Hi,

I'm planning on majoring in management science from UCSD, which is sort of like operations research, except its much more broad, so you can take many, many finance courses (which is what I plan on doing). I know in the past, some graduates have gone on after undergrad and worked at Google Finance, and other corporate companies, but they might have been the top top top of their class. If I cannot get into corporate finance right out of undergrad, what would you recommend me trying to aim for to eventually make a smooth transfer to corporate finance?
And also, how is the salary for a corporate financial analyst right out of undergrad on average? 50-60K?


Finance best answer:

Answer by Ryan M
I used to work in corporate fiance for a Fortune 50 company and in order to get hired you need a minimum of 2 years of other accounting/finance work AND you have to be either a CPA or MBA. But obviously there is no standard requirement....it varies by industry and individual employer. $ 50-60k is on the high side for only a undergrad just starting out...and with no CPA/MBA. The $ 45-50k range is a bit more accurate.


Finance

Michigan Senate Finance Committee Hearing Photo by Michigan Municipal League
Finance

Image by Michigan Municipal League (MML)
Mayor Abdul Haidous of the city of Wayne and Sterling Heights Mayor Richard Notte were in Lansing on Thursday, with Michigan Municipal League staffer Andy Schor, to testify at the Senate Finance Committee's first hearing on SB 34, which would eliminate the personal property tax. Read the Feb. 3rd Action Alert (http://www.mml.org/advocacy/alerts_advisories/2011_02_4_action.html) which explains the League's position on the bill, and the steps local leaders are taking to make sure committee members understand the devastating impact this would have on local public services should it be enacted without a replacement for the revenues to local communities. For more about the League and what we do go to mml.org.



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