Career Overview and Resources By Major
Finance and Accounting
Corporate finance and accounting professionals manage a business’s money—forecasting where
it will come from, knowing where it is, and helping its managers decide how to spend it in ways
that will ensure the greatest return. Corporate finance includes two key functions: accounting and
finance which include a wide range of career opportunities. Because finance and accounting are
so closely intertwined, both career areas are addressed in this resource sheet.
Accounting is the language of business. An accounting system tracks all of the activities of an
organization, showing where and when money has been spent. Accountants balance the books,
track expenses and revenue, execute payroll, pay the bills and compile data needed to comply
with government regulations.
Finance professionals analyze revenue and expenses to ensure effective use of capital. They also
advise businesses about project costs, make capital investments, and structure deals to help
companies grow. The higher levels of accounting (budgeting and analysis) blend with financial
functions (analysis and projections). Thus, finance and accounting are often treated as one, with
different divisions undertaking particular tasks, such as cash management or taxes.
A company’s size and stage of development will determine its finance department’s specific
responsibilities. Opportunities will vary by company and industry, but people who go into the
corporate finance field generally start their careers either as staff accountants or financial
analysts. Over time, staff accountants and financial analysts usually specialize in general
accounting, internal audit, financial services, tax, treasury, cash management or corporate
development and strategic planning. Accounting and finance career opportunities can be found in
virtually every industry and sector.
Entry-Level Opportunities and Beyond
Students who gain experience through internships and other work experience h