Monday, September 22, 2008

Financial Careers for College Graduates

MoneyNews.com actually reported that New York City's financial sector lost 2,000 jobs in June 2008. This is as a result of a severe downturn as banks and brokerages see their profits shrink.

If you are still choosing a career direction or choosing a college major, financial careers still offer options. Although there are losses in sector now, analysts are still projecting growth in the number of these jobs available moving forward.

Accountants
Employment of accountants and auditors is expected to grow faster than the average for all occupations through the year 2014. Changing laws will increase the need for accountants. Private companies will continue to need accountants. Accountants who have a lot of special skills, such as certified public accountants (CPAs) and certified management accountants, should have the easiest time finding a job. Learn more.

Financial Analysts
Financial Analysts have a college degree in business, accounting, statistics, or finance. Many will get a master's degree in business administration (MBA) also.
Math, computer, and problem-solving skills are vital as are good people skills and communication skills are needed to work with clients. Learn more.

Loan Officers
There are 3 kinds of Loan Officers. Commercial loan officers work with businesses.
Mortgage loan officers help people buy houses or other real estate and Consumer loan officers work with people who want a loan for personal things like a car. Learn more.

Bookkeeping Clerks
More than 2 million people worked as bookkeeping, accounting, and auditing clerks in 2004. They work in all industries and in local, State, and Federal Government. Also, many work in the accounting, tax preparation, bookkeeping, and payroll services industry. Those working for employment services firms are growing in number. About 1 out of 4 bookkeeping, accounting, and auditing clerks worked part time in 2004. Learn more

Real Estate Agents
Real estate agents help people buy and sell houses. They know what their neighborhoods are like and can know, from reports, approximately how much money a house is worth. Their knowledge includes real estate laws, loans and funding a house and sales/marketing skills. They are paid typically by getting a small percentage of the price of the house they sold. Learn more

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