Nature And Scope Of Financial Management (2)

Finance ManagementMeaning and importance / significance of financial management suddenly found its way back into the lips, head and heart of almost all living beings. Opportunities for advancement include senior underwriter and management positions. The average salary is $52,000, with the highest paid underwriters receiving annual salaries over $92,000. A bachelor’s degree is the minimum requirement for this position, but many employers now prefer a master’s degree. Many entry-level employees will have extensive training, both on the job and in a classroom environment.

The median salary for budget analysts is $62,000, with the highest paid positions earning $93,000 or more per year. A bachelor’s degree in mathematics, finance or statistics or a related field is required. Possible advancement tracks include management and executive level positions, like Chief Risk Officer or Chief Financial Officer Entry level actuaries earn between $55,000 and $70,000 per year, while high level actuaries can earn as much as $150,000 annually.

There are various specialties within the accounting field, including management accountants, public accountants (also known as external auditors), government auditors and accountants, tax accountants and internal auditors. Accounting plays a major role in management decision-making, by providing financial information that has been carefully analyzed and reported with recommendations. Most positions require a bachelor’s degree in accounting or a closely related field of study. A clerk in this field must be a proficient in use of spreadsheets, although many businesses offer on the job training.Finance Management

If you are interested in a finance career, but are lacking a 4-year degree, there are still many opportunities available to gain experience in this field and advance your career. Some firms may offer on the job training or formal training classes and may assist a clerk in preparing for exams to get a series 7 license. Experience in a related job or working in an office environment is helpful as well. The average salary for an accounting clerk is approximately $30,600 with the highest paid earning $46,000 annually.

An experienced clerk with proven abilities may move into a supervisory or management position. When the inevitable happens and the economy begins to shrink, these jobs will become very hard to find. One of the fields that i was looking into was a financial consultant but anything with numbers is good! Sadly, Asia’s salaries is not as high as financial development countries like you mentioned though.

Finance Management