Corporate finance is the division of finance that deals with how corporations deal with funding sources, capital structuring, and investment decisions. Corporate finance is primarily concerned with maximizing shareholder value through long and short-term financial planning and the implementation of various strategies. Corporate finance activities range from capital investment decisions to investment banking. There are many functions within corporate finance.
Example Job: Senior Financial Analyst
Hiring Company Examples
- American Airlines
- Tire Rack
Mean Base Salary: $120,541
Top Hiring Companies: American Airlines, AT&T, Ecolab, Kemper, JPMorgan Chase, Procter & Gamble, Microsoft, Google
Financial analysts are responsible for analyzing financial statements and predicting the future performance of the company. This may include forecasting future revenues and expenditures, as well as modeling capital structure and budgeting. They are also often responsible for keeping track of a company’s financial plan. Analyzing the company’s performance helps the analyst create forecasts, but also allows them to calculate variances between those forecasts and actuals. It is the analysts’ job to track down and explain the causes of these variances.
- Ability to communicate financial implications to non-financial professionals and leaders
- Focus on sources of variability, understand causes and implement data-driven forecasting improvements
- Heavy data mining to develop robust models on trends, key business drivers and financial results
- Analyze, review and challenge business units’ forecast assumptions
- Proficiency with Microsoft Excel and familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects)