When we look ahead to the 2013 job market, many people are concerned they are not going to have the skills they need to land a well-paying job. The good news is that one of the fields where new job openings are plentiful even in this economic climate is finance. This field will be hiring new graduates, middle managers and there are likely to be many senior-level positions. The infographic is provided by Accounting Principals who provide accounting and finance jobs for new talent.
Personal Financial Advisor
Those who have a Bachelor’s degree in Accounting can look forward to working as a personal financial advisor. In fact, it is widely anticipated this will be one of the top ten growing fields in the overall financial industry. In most cases, this is because of the inordinate amount of baby boomers who will be retiring in the upcoming years. Estimated job growth through 2020 is anticipated to be in excess of 30 percent.
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Accounting and Auditing
Accounting and auditing jobs are anticipated to continue to have an average growth rate, however, it is important to remember that companies of all sizes and individuals are likely to be on the lookout for qualified individuals. Nearly all of these accounting jobs will require a minimum of a Bachelor’s degree, although many small businesses may be happy to forgo that formality.
The overall role of a financial analyst is to evaluate risks and rewards of investments. Accounting jobs for financial analysts will continue their growth, especially in the mutual fund sector. Those who are interested in these jobs will require a minimum of a bachelor’s degree, though some positions may require a Master’s degree program. Going back to school to earn a master’s degree opens up more doors in the industry and can maximize your earning potential. For example, the Master of Investment Management and Financial Analysis degree is something that you can take after you have earned a degree in finance to make yourself more employable. With this degree, you can take jobs as a chief investment officer, financial analyst, investment banker, private client wealth manager, or portfolio manager. This degree also has chartered financial analyst exam preparation built right into the course and once you pass this exam, your earnings will grow dramatically.
Mortgage Market Options
Some people who have high school diplomas or are working towards a degree in Finance may be interested in working in the mortgage market. There are a number of roles that those who are seeking accounting jobs may be interested in within this field. For example, compliance officers, loan underwriters and financial analyst positions are necessary at all mortgage companies and the demand for talent in these fields continues to grow.
Regardless of whether you are running a household, a small business or a multi-million dollar corporation, it is highly likely you will need the expertise of an accountant at one time or another. The overall financial job industry is expected to have above average growth through most of 2013 and it is highly likely to continue to experience higher growth than other fields through 2020. Whether you are seeking entry-level or senior-level jobs, the outlook for 2013 and beyond is bright.
About Author: John Halliston is an external career consultant who specializes in helping professionals develop their finance career. You can find more of his career tips on his blog, www.careerfocuscafe.com