CAREERS IN FINANCE and the

SUCCESSFUL ENTREPRENEUR in
BUSINESS INDUSTRY
 CAREERS in FINANCE
A career in finance isn't all about money, though it's close. For the business
graduate, earning a degree is just the beginning. What's left is to take a
closer look at available career options and then to measure which industry
sectors have the greatest need for new professionals.
Financial Planner
Financial planners must crunch numbers and
apply principles of accounting in order to devise
plans suitable for individual investors. They also need
to inspire trust in people and promote their services.
Therefore, finance majors with strong interpersonal
skills and persuasive abilities will be most likely to
succeed in this profession.
 Salary and Employment Outlook: According to
the Bureau of Labor Statistics (BLS), personal
financial advisors earned an average of $88,890 in
May 2018 and jobs are predicted to expand at a
much faster than average rate of 15% through 2026.
Financial Analyst
Financial analysts research stocks, bonds,
companies, and industries to assist bankers,
investors, and corporate finance officers with
mergers, acquisitions, and stock/bond offerings, as
well as corporate expansions and restructuring. They
can capitalize on their finance major training as
they dissect financial statements and other financial
data.
 Financial analysts build financial models and
conduct complex quantitative analyses. Financial
analysts also produce reports detailing their findings
and present their analyses to other members of the
banking or finance team.
Salary and Employment Outlook: According to
the BLS, financial analysts earned an average of
$85,660 in May 2018 and jobs are predicted to grow
at a faster than average rate of 11% through 2026.
Investor Relations Associate
Investor relations professionals prepare and
present financial information about their company
or corporate clients to investors, analysts, and
business media.
Investor relations professionals must digest,
interpret, highlight, and present information from
financial statements. The analytical and software
tools developed through their finance major training
facilitate this process.
Salary and Employment Outlook: According to
Payscale, investor relations associates earn an
average salary of $65,830.
Budget Analyst
Budget analysts apply principles of finance to
projects and proposals in the business, educational,
governmental, and not-for-profit sectors. They
analyze budgets and evaluate the financial impact
of continuing ventures and new ventures.
Budget analysts must have refined
communication skills because they interview
managers in order to gather information for
proposals.
They also train staff regarding the budget
development processes for their organization.
Finance majors develop the essential analytical
and communication skills needed to become a
successful budget analyst.
Salary and Employment Outlook: According to
the BLS, budget analysts earned an average of
$76,220 in May 2018 and jobs are predicted to grow
by as much as 7% on average through 2026.
Actuary
Actuaries play a leadership role in financially
oriented businesses such as insurance, banking, rating
agencies, and accounting firms. The finance graduate
with strong mathematical skills is ideally positioned to
calculate the likelihood of various events and to assess
the financial consequences for those outcomes.
Just like the finance major, actuaries manipulate
software to perform calculations and represent their
findings. They present their recommendations to
managers at their firm and convince others of the
soundness of their decisions.
Salary and Employment Outlook: According to
the BLS, actuaries earned an average of $102,880 in
May 2018 and jobs are predicted to grow at a
much faster than average rate of 22% through 2026.
 Accountant
Finance majors learn to construct, interpret, and
critique financial statements while completing the
accounting component of their studies. Thus, they become
capable of carrying out complex accounting work in
financially oriented industries.
Students of finance develop a number of
accountancy skills as they learn to analyze business
problems with precision and attention to detail, which
prepares them for the world of accounting. Just like
accountants, finance majors learn to present
financial information to clients and colleagues by
using charts, graphs, and other visual aids.
Entry level accounting jobs can be gateway
jobs leading to corporate financial management
positions, or leadership positions with non-profits and
government agencies.
 Salary and Employment Outlook: According to
the BLS, accountants earned an average of $70,500
in May 2018 and jobs are predicted to grow at a
faster than average rate of 10% through 2026.
Credit Analyst
Credit analysts evaluate the financial standing
of loan prospects and assess the risks involved with
offering them financing. Finance majors learn to
appraise the financial viability of entities and
interpret their financial records and data. The
investigative mindset of a finance major would
enable the credit analyst to scrutinize the legitimacy
of financial information furnished by clients.
 Finance majors analyze trends in industries that
can impact the ability of organizations to generate
the income necessary to repay loans.
They have the communication skills necessary
for credit analysts to extract information from
prospective clients and convey their analyses to
colleagues.
 Salary and Employment Outlook: According to the
BLS, credit analysts earned an average of $71,270 in May
2018 and jobs are predicted to grow by as much as 8% on
average through 2026.
Attorney
Lawyers in many areas of practice, including
divorce, product liability, civil litigation, corporate,
labor, and securities law, benefit from a knowledge of
finance. Attorneys who investigate financial
irregularities must read and understand financial
statements. Lawyers in civil cases need the skills to
estimate appropriate compensation for settlements.
Research and analytical skills developed by
finance majors enable attorneys to prepare their
cases. Presentation skills and knowledge of
presentation software help attorneys to deliver
arguments and prepare exhibits.
Salary and Employment Outlook: According to
the BLS, lawyers earned an average of $120,910 in
May 2018 and jobs are predicted to grow by as
much as 8% on average through 2026.
Commercial Real Estate Agent
Finance majors with strong verbal skills and a
sales orientation should consider a career as a
commercial real estate agent. Commercial real
estate agents analyze the business plans and
financial status of clients in order to recommend
appropriate spaces for their enterprises.
When listing a property, brokers must estimate
the value of the property based on its financial
potential for prospective buyers. Agents advise
clients about options for financing property
acquisitions and launching new businesses.
Salary: According to Payscale, commercial real
estate agents earn an average salary of about
$94,500.
Business Teacher
Finance majors hone the communication and
presentation skills that are essential to the teaching
profession. Business teachers tap a broad
knowledge of business as they instruct high school
students about the fundamentals of accounting,
management, marketing, and investments.
Finance majors with an intense curiosity about
the business world and an enthusiasm for business
issues are well suited for this role. Individuals who
earn advanced degrees in business can also pursue
teaching jobs at junior and four-year colleges.
Salary: According to Payscale, business
teachers earn an average salary of $53,000.
 Investment Banking
Investment bankers usually facilitate brokering of major
transactions for large institutional clients including Mergers &
Acquisitions (M&As), underwriting for equities or debt securities
to raise major capital and corporate restructuring among other
things. It is one of the most preferred career choices in finance
for the kind of recognition accorded and rewards earned in
terms of big pay packages and bonuses. It is an intensely
competitive field requiring a combination of financial expertise,
excellent negotiation skills and a high level of confidence.
Most of the large investment banks prefer to hire top
MBAs with the desired skill set. With 75 to 100 work hours a
week, it is considered among the poorer choices in terms of
work-life balance. However, working with a large firm in one
of the financial hubs including New York or London,
remuneration and growth prospects would easily be
among the best.
Asset Management
Asset managers help manage the wealth of
High Net-Worth Individuals (HNIs) and institutional
clients. They identify suitable avenues of investment
for their clients to help realize their wealth creation
goals and develop and implement long-term
investment strategies to achieve the same.
 Perks are among the best in the industry as the
demand for skilled asset managers continue to rise
and work hours are much better, making possible a
good work-life balance. Professionals with CFA
(Chartered Financial Analyst) or CIMA (Certified
Investment Management Analyst) could be best fit
for the role.
Commercial Banking
Commercial banks offer a host of retail banking
services to businesses as well as individuals including
checking and savings accounts, issue debit or credit cards
along with a line of credit depending on the
creditworthiness of the client. Some of the most popular
roles in commercial banking sector include loan officer,
trust officer, mortgage banker, bank teller and branch
manager among others.
 Usually, different skill sets might be required in
keeping with the nature of the specific role. Growth
prospects are good in commercial banking with
moderately good to decent pay packages for
professionals in higher or more technical positions. Work
hours are usually among the best, especially with public
sector banks.
Equity Research
One of the top careers in Finance includes Equity
Research. Equity research basically involves the
comprehensive analysis of stocks including financial
modeling and valuation to help decide the worth of a
certain investment. The work of an equity research
analyst helps individuals, as well as institutional investors,
make critical investment decisions.
 This is one of the most valued career roles in
finance which requires insightful knowledge of
financial concepts, a good amount of patience
and high level of ethics to be able to carry out
professional responsibilities as desired. Perks are
undoubtedly among the best and work hours are
good enough to maintain a healthy work-life
balance.
Risk Management
This career in Finance has emerged as one of
the key areas of interest which involve identifying
and managing different forms of financial risks. A risk
management professional could be engaged in
broad-based financial risk analysis in different
scenarios or could be working on
financial risk modeling, predictive financial analysis
and other technical aspects of financial risk
management. The remuneration is among the
industry’s best and work hours are usually decent.
FRM (Financial Risk Manager) and PRM (Professional
Risk Manager) are two of the definitive financial risk
management certifications which could be of great
advantage to risk management professionals.
SUCCESSFUL ENTREPRENEURS in
BUSINESS INDUSTRY
There are many successful Filipino entrepreneurs in our country.
Among many reasons, they became famous because of their big
contributions to the growth of our economy.
SOCORRO C. RAMOS
National Book Store, Inc.
Ms. Socorro C. Ramos started working as a
salesgirl when she was 18 yrs. old in Goodwill
Bookstore in Escolta. She was good in selling, that’s
why she became in charge of the store. When she
was married to Jose Ramos, they put up The
National Book Store.
 Her vision was to extend the National bookstore
not only here in Luzon but also to Visayas and
Mindanao for cheaper access to books and school
supplies. Before, the National Book Store was a
general merchandise store. Until later on, it was
selling books, greeting cards, and school supplies.
Today, more than 70 National Book Store can be
found nationwide.
TONY TAN CAKTIONG
Jollibee Foods Corporation
Jollibee was formerly selling Magnolia Ice
Cream, then it was recognized as selling chicken
and burger. Tony Tan Caktiong, the president and
CEO of Jollibee, was a name to remember, not only
here in the Philippines but also in other parts of the
country, like in US, Hongkong, China, Indonesia, and
Japan.
 He had received several awards in the business
and the likes. The success of Jollibee according to
Mr. Caktiong is sharing to people what they had
achieved. Jollibee had been known to be a happy
and hardworking insect. It is the favorite place to
dine in of many Filipinos especially the kids.
Lucio Tan
Philippine Airlines
Lucio Tan’s story was from rags to riches tale.
Before working in the tobacco industry, his business
was a scrap. His dream was to become a scientist
but his fortune was bound to become an
entrepreneur. His hard work made him successful
and became famous. Now, he owns Asia Brewery,
Tanduay, Fortune Tobacco, Philippine Airlines, Allied
Bank, and many more to mention.
ATTY. FELIPE L. GOZON
GMA Network, Inc.
Atty. Felipe L. Gozon is the chairman,
president, and CEO of GMA Network. He was
credited for the success of GMA Network in
radio and TV broadcasting, filmmaking, and
music recording. He was Master Entrepreneur
in 2004.
 Because of the leadership of Atty. Gozon,
he made GMA as one of the top networks in
the country today. Currently, GMA had via-
satellite broadcasting in Asia and in other
parts of the world.
Henry Sy
ShoeMart
Henry Sy was born on December 25, 1923, in
Xiamen China. In his early twenties, he used to sell
American shoes. Then after three years, he was able
to have his first shoe mart store. SM group of
companies was one of the biggest companies in
our country and the man behind it was Henry Sy.
 His self-discipline, perseverance, and hard work
made him what he is today. In almost every part of
the country (as well as in Asia), there is SM
mall.According to Henry Sy Sr., success will not last if
you do not care of it. That’s the secret of their
success.
Jaime Zobel de Ayala
Ayala Corporation
Jaime Zobel de Ayala was before president
and chairman of Ayala Corporation. He was
considered as one of the richest persons tied with
Henry Sy in 2007. He had received many awards
and the latest was Entrepreneur of the Year 2012.
 His strategy for being successful in this business
was getting partners with those who are in need in
the community. He believes that gaining profits was
not really the concern of every businessman, but to
help the poor people.
Alfredo Yao
Zest-O Corporation
Alfredo Yao came from a poor family and
became rich due to hard work and determination.
He didn’t finish his education at Mapua Institute of
Technology. He experienced to work in the printing
press and then ventured to this business for 20 years.
 Then, he shifted to a juice manufacturing
business. Zest-O became hit to mothers because of
its being convenient to be placed in every lunch
box of the children. Today, Zest-O was one of the
leading juice manufacturers in the country, in China,
New Zealand, Singapore, and many others.
Mariano Que
Mercury Drugstore
Mariano Que first worked in a drugstore. When
he was given the opportunity, he invested his 100
pesos in the sulfathiazole tablets. He sold his
products to the people by making use of the
wooden pushcart. After saving a lot of money, he
was able to built Mercury.
 It was made known to the people as selling
safe medicines and opened for 24/7. Mercury, like
any other leading drug stores, had many stores
nationwide.That was because of the innovations he
made in his products.
Cecilio K. Pedro
Lamoiyan Corporation
Cecilio K. Pedro finished his business
management degree in Ateneo de Manila
University. He founded the Lamoyan Corp. which
produces toothpastes like “Hapee” and “Kutitap.”
This made toothpaste affordable to the masses.
 He survived in the industry because of being
tough and innovative to fight for the multinational
companies. His company had received an award,
“Most Outstanding Program for Equal Employment
Opportunity,” giving importance to those who have
difficulty in hearing to work in his company.
Corazon D. Ong
CDO Foodsphere, Inc
Corazon D. Ong is the founder of CDO Foods. It
was a hobby of Ms. Ong to make processed meats
products such as corned beef, hotdog, meatloaf
and hamburger patties. She was a dietician by
profession. So she understood what the preferences
of most Filipinos are.
 Today, CDO Foodsphere, Inc. was recognized
as the leading supplier of meat toppings. Why??
Because nowadays we have many working mothers
and it is convenient on their part to have foods
which can be cooked easily.
Edgar Sia
Mang Inasal
Hailing from Iloilo City, Edgar Sia dropped out of
college to pursue his own laundry and photo-
developing business at the age of 19. In 2003, 26-
year old Sia decided to open the barbecue fast
food restaurant Mang Inasal—Ilonggo for “Mr.
Barbecue.” The first branch was built at a mall
parking lot in his home city.
 The restaurant took off. When Tony Caktiong
heard about Sia’s burgeoning business, he decided
to buy Mang Inasal for a total of P5 billion. Sia
eventually put the sales of Mang Inasal to other
investments like banking and healthcare. At 42, he’s
considered the country’s youngest billionaire.
Cresida Tueres
Greenwich Pizza
In 1971, Cresida Tueres started Greenwich as a
small over-the-counter pizza store in Greenhills.
Tueres had a knack for cooking. Her friends loved
the food she served so much that they decided to
buy their own Greenwich franchise.
 Impressed with Tueres’s business acumen and
the growth of Greenwich, Jollibee Foods
Corporation obtained a deal in 1994 to acquire 80%
of Greenwich’s shareholding. Since then, the pizza
parlor branched out to include other dishes in its
menu. In 1997, Greenwich had a record sale of P1
billion.
Milagros, Clarita, and Doris Leelin
Goldilocks
With only two cake displays and ten
employees, Milagros, Clarita, and Doris Leelin
started Goldilocks at a 70-sq-m building space in
Makati. Sisters Milagros and Clarita loved baking
and decided to pursue their passion into business.
With the help of their sister-in-law Doris, the Leelins
opened their first branch.
 In 1991, Goldilocks launched its franchising
program. As of 2015, the bakeshop chain had
almost 400 stores across the country, with other
branches in the USA, Canada, and Southeast Asia.
From a modest capital of P66,000, Goldilocks is now
a multi-million food enterprise with more than 4,000
employees.
Joe Magsaysay
Potato Corner
The young Magsaysay left school to bust tables,
wash plates, and work on the cash register at a fast
food chain. In a few years, he became a manager,
handling five stores.
 With his background and skills in store
management, Magsaysay’s friends asked him to
handle Potato Corner, of which he was a co-
founder. They pooled their money together and
started the food cart business in 1992, offering
franchises left and right. Today, Potato Corner has
more than 550 stalls in the Philippines and around
the world.
Araceli and Jun Manas
Hen Lin
Using the recipes they learned from a Chinese
chef and a capital of P30,000, Araceli and Jun
Manas started Hen Lin in 1983. Jun worked for an
insurance firm while his wife Araceli worked in a
bank. The couple had to learn the intricacies of the
business themselves. At night, they practiced
making siomai or dumplings.
 The Manas couple opened the first Hen Lin
store in SM Makati, which was well received for its
delicious dim sum offerings. 30 years on, Hen Lin is
popular in many malls, offering various products
such as hopia, noodles, congee, rice toppings, and
breakfast food.
THANK YOUUU!
DE GUZMAN, DONAVHI DIVINA M.
VALDECANTOS, MIRACLE D.L.