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NotAThrowAwayUN237 karma

Make sure to click "reply" to the question you're replying to, otherwise they just show up as new comments in the thread.

NotAThrowAwayUN35 karma

As someone who worked in “finance,” I think there a few main, large categories, all distinguished by who the person’s customers are. So I’d start with that question.

Anyone feel free to chime in, but here are the broad finance categories:

  1. Corporate finance / accounting: you do things like track the company’s money, make sure its accounted for appropriately, etc. You might answer the question “how much did we spend on product development” or “what will our cash balance at 12/31/18 be?”

  2. Banking: you help people or companies get money and/or do large transactions. It could be from loans, issuing stock or bonds, etc. Other people in this area might help a company buy another company, sell part of their company, or execute complicated transactions involving money or valuable assets.

  3. Financial advisory: people (your customers) ask you what to do with their money. You tell them to pay their mortgage, invest a little in this stock, more into a different one, and keep $x cash in their checking accounts.

There are more, and lots of subsets, but if you know these 3, that’s a good starting point for untangling the web.