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Finance & Banking

Finance moves capital between people who have it and people who can use it. The sector covers retail and investment banking, asset management, insurance and fintech, and rewards analytical rigour under pressure.

Careers

47

Salary range

R280k – R1.4m

Demand

Steady, with growth concentrated in fintech and risk.

Why this industry matters

Capital allocation decides which ideas, companies and infrastructure actually get built.

Major career pathways

  • Investment analyst
  • Retail banker
  • Risk analyst
  • Portfolio manager
  • Fintech product analyst

Career map

Study

  • Finance
  • Economics
  • Actuarial Science

Entry roles

  • Investment analyst
  • Retail banker
  • Risk analyst

Specialise

  • Financial modelling
  • Valuation
  • Excel

Lead

  • Portfolio manager
  • Fintech product analyst

Typical employers & featured organisations

Banks

Hires across finance & banking roles at graduate and experienced level.

Asset managers

Hires across finance & banking roles at graduate and experienced level.

Insurers

Hires across finance & banking roles at graduate and experienced level.

Fintech startups

Hires across finance & banking roles at graduate and experienced level.

Regulators

Hires across finance & banking roles at graduate and experienced level.

Qualifications & certifications

Required qualifications

  • BCom Finance, Economics or Accounting
  • CFA for investment roles

Professional certifications

  • CFA
  • FRM
  • CFP

Skills that get you hired

Technical skills

  • Financial modelling
  • Valuation
  • Excel
  • Risk analysis
  • Regulation

Soft skills

  • Communication
  • Problem solving
  • Teamwork
  • Adaptability
  • Time management

Salary progression

Entry level

R280k – R460k

Mid level

R490k – R840k

Senior level

R910k – R1.4m+

Career progression timeline

  1. Years 0–2

    Learn the fundamentals in an entry role such as investment analyst.

  2. Years 2–5

    Specialise. Depth in financial modelling and valuation is what moves your salary.

  3. Years 5–10

    Lead projects or teams, or move into fintech product analyst.

  4. Years 10+

    Senior specialist, management or independent consulting — the pay bands diverge sharply here.

Future trends & emerging technology

  • Embedded finance
  • Digital-only banking
  • Real-time payments
  • Climate risk pricing

How AI is changing this industry

Screening, reporting and fraud detection are automating; advisory and judgement roles hold value.

Where to study

University degrees

  • Finance
  • Economics
  • Actuarial Science
  • Business Science

TVET & vocational

  • Banking certificates
  • Bookkeeping and credit management diplomas

Online learning

  • CFA prep platforms
  • Wall Street Prep
  • Corporate Finance Institute

Internships, apprenticeships & graduate programmes

  • Graduate programmes at large employers
  • Structured internships (3–12 months)
  • Apprenticeships and learnerships
  • Volunteer and community projects

Frequently asked questions

Related industries

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