share their expertise on investment strategies with businesses and individuals. Financial analysts generally focus on a specific industry, region, or type of product. Personal financial advisors assess and individual clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives to develop sound money strategies.
How Fast Is It Growing? Financial analysts and personal financial advisors held 397,000 jobs in 2006. This number will grow to 543,000 in 2016, an increase of 38.8 percent for both. The peak years of retirement savings and personal investments of a large baby-boom generation are creating a need for more people to seek help from experts.
How Do I Get Started? A bachelor's degree in finance, business administration, or accounting is considered highly desirable for financial analysts. Coursework in statistics, economics, and business is required. Knowledge of accounting policies and procedures, corporate budgeting, and financial analysis methods also is recommended. An advanced business degree such as an MBA can be an asset in this competitive field.
Salary: $66,590 a year
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