With 19.4 million people enrolled in college, it's easy to get overwhelmed by the thought of figuring out a career path. After all, college is a significant investment and you want it to pay off in the end. Fortunately, for students majoring in finance, there are several high-impact career paths.

Keep reading to learn about impactful career paths for finance majors!

Budget Analyst 

When a business needs help putting together a proposal or clear budget plan, it will turn to a budget analyst. A budget analyst will be able to evaluate a business's intentions to see the financial implications.

Budget analysts work with both private and public companies. They will need to be skilled in reading and interpreting financial data. And, ultimately, they should be able to put together accurate financial forecasts. 

Financial Planner

Another strong finance career path involves helping individuals plan their financial futures. Working as a financial planner entails advising clients. This can be on anything from investing to retirement planning.

Some financial planners will manage investments for clients. This could mean overseeing assets and helping shape a diverse and promising portfolio. Financial planners also will need to be able to explain their strategies to clients clearly.

Since most adults don't have robust investing knowledge, the need for qualified financial planners is great. They can play a big role in helping individuals have enough savings for retirement. 

Junior Accountant 

When it comes to finance careers, accounting is a popular one. Tax professionals know how to help people and businesses abide by the law to make required payments. Accountants will know how to pull together tax documents and arrive at payment calculations.

Getting licensed as a Certified Public Accountant offers the best opportunity for career growth. CPA industry trends suggest that this is a lucrative and in-demand career path!

Actuary

For finance majors with a special interest in math, becoming an actuary can be a good finance career path. Actuaries can help companies evaluate financial risks. They'll work with anyone from insurance companies to banks.

Actuaries are adept at using financial software and reading statistics. They'll help businesses create a plan to keep risks low. 

Commercial Real Estate Agent

Do you enjoy the thrill of making a sale? Then becoming a commercial real estate agent is an excellent way to put a finance degree to work. In this line of work, the agent will work with businesses to find real estate that meets their needs.

To do this, an agent will need to know about the business plan and the general financial health of the buyer. On top of that, they'll need to help broker a deal and show the buyer how to secure financing. 

Look into Career Paths for Finance Majors

Finance majors can count on finding gainful employment in areas like real estate and financial planning. They'll use their financial skills to help companies develop sound strategies. And they'll help regular people with taxes and investments.

When you're ready to find more education and career advice, check back for the latest articles.