A master’s in financial planning could open many doors for you career-wise. You may move into higher-paid roles, like chief financial officer, or start your career as a financial planner or analyst. But what else can you do with your postgraduate course? This brief guide walks through your potential career options once you have completed a master’s in financial planning.Â
What Is a Master’s in Financial Planning?
A master’s in financial planning is a postgraduate course that can be studied full-time, part-time or entirely online, allowing you to fit your studies around any existing commitments. The course can take around two years, where you learn about the ethical and professional capacities needed to succeed as a financial planning advisor. The master’s course should expand on your knowledge of financial planning and help you build advanced skills that can help you succeed in a rapidly changing industry.
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As part of the course, you can expect to cover some or all of the units below:
Art and practice of leadership
Accounting
Business consulting
Behavioral finance for financial advisors
Corporate finance
Financial plan construction and client management
Financial advice corporate and commercial law
Principles of financial and investment planning
Professionalism and ethics
Risk management and estate planning
Superannuation and retirement wealth planning
Taxation law
What Can I Do With a Master’s in Financial Planning?
With a in your arsenal, you may progress into a variety of careers. The course should prepare you for several environments, allowing you to continue exploring different careers if needed to help you find the perfect option for you. Students often move into planner, analyst or risk advisor roles. Here are some of the common careers you could move into with a master’s in financial planning:
Accounting — you can step into a variety of roles within the accounting sector
Business data analytics — work with organizations to create tools that help them use their data assets strategically
Chief financial officer — help maintain financial stability across a business and create politics and strategies to improve the company’s finances
Financial advisor — offer expert advice and create personalized financial strategies to help people achieve financial wellness
Financial analyst — collect data, maintain spreadsheets, and help create financial models
Financial planner — work with clients to create financial plans to help them reach their goals
Investment banker — help clients raise money in capital markets by borrowing money from other organizations or issuing stock
Risk adviser — help businesses spot risks in their finances and teach them how to manage these risks
Start Your Financial Planning Course Today
A financial planning master’s course should enhance your knowledge of the finance world and increase your career prospects. Once the course is completed, you should have the skills and knowledge you need to succeed as a financial advisor, planner or analyst. What are you waiting for? Start your course today.