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Finance
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MORE
INFO |
On
the Web:
- American
Bankers Association
- Securities
and Exchange Commission |
| SPOTLIGHT
ON CTE |
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“My Legal Systems Administration class in high school had an accounting part to it, and that's when I became interested in accounting. It really helped me a lot; when I started my Business Environment class in college, I found that I already knew a lot of the material!”
— Diamond Mitchell |
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An increasing need
for financial expertise as scores of baby boomers
near retirement age is expected to spur employment
growth in the financial services sector. Jobs
in this field can be demanding, stressful and
financially rewarding, particularly if workers
establish steady clientele. Careers include stockbrokers,
bankers, accountants, estate planners and financial
consultants.
Job
outlook
Most jobs in the financial sector are expected to increase at a faster that average rate, or between 18 and 26 percent by 2014. Accounting jobs are increasing because of tougher financial laws and regulations in the wake of the accounting scandals at major corporations. Employment for financial analysts and personal financial advisers is expected to increase faster than average as well, as business and individuals invest more. Wage and salary banking employment, however, is expected to decline 2 percent by 2014 because of increasing bank consolidation and automation of many transactions.
What They
Make
Occupation |
#
Employed
in VA |
Average
Salary |
| Accountants and auditors |
33,420 |
$34K - $92K |
| Actuaries |
100 |
$46K - 132K |
| Budget analysts |
3,150 |
$44K - 103K |
| Credit analysts |
1,590 |
$29K - 107K |
| Credit authorizers and clerks |
2,020 |
$20K - 43K |
| Economists |
500 |
$43K - 146K |
| Financial analysts |
6,490 |
$38K - 121K |
| Financial managers |
8,590 |
$52K - 146K |
| Financial services sales agents |
5,060 |
$27K - 146K |
| Insurance appraisers |
320 |
$30K - 67K |
| Insurance sales agents |
8,990 |
$22K - 91K |
| Insurance underwriters |
3,480 |
$30K - 82K |
| Loan interviewers and clerks |
6,740 |
$23K - 45K |
| Loan officers |
10,800 |
$27K - 94K |
| Personal financial advisers |
3,130 |
$29K - 146K |
| Real estate appraisers |
1,530 |
$26K - 95K |
| Tax preparers |
2,830 |
$16K - 46K |
| Tellers |
16,120 |
$18K - 28K |
| Title examiners |
2,790 |
$20K - 50K |
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