Answers to Common Questions about Careers and Available Jobs in the Fields of Accounting and Finance:
Are Finance Jobs in High Demand?
Demand for Accounting and Finance Professionals remains high this year. With opportunities ranging from entry-level to positions that require years of experience, the field continues to grow.
The banking and finance industries continue to expand and reshuffle in a way that creates demand for new and traditional roles.
How Many Jobs are Available in Finance?
According to The U.S. Bureau of Labor Statistics (BLS.GOV), There are about 980, 200 openings in the “business and financial occupations.”
What Types of Jobs Are in the Field of Finance?
Here are some of the jobs in the finance field:
- Financial Advisors
- Loan Officer
- Insurance underwriter
- Financial Analysts
- Accountants and Auditors
Here are some current accounting and finance jobs.
What Are the Highest Paying Finance Jobs?
BLS. states that the median salary was $76,570 in May of 2021, which was higher than the annual wage for other occupations. Here is a good page with the median pay for a number of jobs in the finance world.
What Are Salaries for Jobs in Finance?
Salaries for finance careers vary just like every profession. ZipRecruiter reports that the national average entry-level salary is just over $41,000 while some of the top best-paying finance jobs pay between $106,000 and $120,000 per year.
What Typical Finance Majors Career Paths Look Like
First, get a solid degree in one of these areas:
Bachelor of Science in Accounting
Bachelor of Science in Finance and Economics
Master of Business Administration in Finance
Why are Opportunities in Business, Accounting, and Finance Growing?
There are many reasons why finance jobs are in high demand. GCU suggests, that with the general increase in regulations for the banking and finance industries in the last decade, institutions constantly need to hire people to manage the changes and new challenges that present themselves over time. Also, with the fluctuations in stock markets and challenges within specific industries, finance professionals are in high demand.
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The Future of Finance Jobs
According to bls.gov jobs in the finance sector are expected to grow 7 percent within the next decade. That’s over 700,000 new jobs! This will be a great career option for future grads and with excellent career growth option for professionals that are building their experience now.
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