In today’s competitive work environment, however, consultants must be prepared for a dizzying array of demands by potential consulting clients. The median salary for budget analysts is $62,000, with the highest paid positions earning $93,000 or more per year. Actuaries are also employed in the financial service industry to assist in pricing securities offerings and devising investment tools. 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. When the inevitable happens and the economy begins to shrink, these jobs will become very hard to find.
General responsibilities include analyzing financial data, ensuring efficient and accurate record keeping and preparation of financial documents. Accounting plays a major role in management decision-making, by providing financial information that has been carefully analyzed and reported with recommendations. Employed by commodities and securities firms and banks, brokerage clerks support brokers in processing transactions, taking phone calls from clients and maintaining records on client accounts.
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. Clerical positions are available in various types of businesses, providing ample opportunities for financial record keepers. Sadly, Asia’s salaries is not as high as financial development countries like you mentioned though.
A clerk in this field must be a proficient in use of spreadsheets, although many businesses offer on the job training. The average salary for an accounting clerk is approximately $30,600 with the highest paid earning $46,000 annually. Insurance companies and firms that specialize in adjusting and appraisals are the largest employers for these positions. Our economy is in very bad condition due to a long term (60+ years) of accumulated debt that will take a number of years or financial disaster to reduce. One of the fields that i was looking into was a financial consultant but anything with numbers is good!
Adding that there is also some major impact on this industry after recent financial crisis, the salaries are not attractive at the moment. Jobs in finance are getting cut down quickly, but there are always a few very solid areas to enter. The current economic times are reshaping these jobs in finance, but they will always be needed professionals. I agree, Mitch, that some of these jobs are changing, but a degree in finance will always be of value in the marketplace! People with good financial backgrounds could really have a good career waiting on them…especially nowadays, the market is badly in need of people in finance.