A Business Degree Augments Nearly Every Career Aspiration
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Masters In Business Degrees Provide New Opportunities
The Bureau of Labor Statistics (BLS) anticipates that into 2018, employment for workers in finance, management and business careers is to increase by 11 percent. Some of the fastest growing occupations, according to the agency, include financial analysts, actuaries, credit analysts, financial examiners, logisticians, personal financial advisers and accountants and auditors. The Bureau also anticipates that mortgage and consumer loan officers are to enjoy solid job opportunities and that prospects are to be particularly good for commercial loan officers.
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Exams And Certifications Can Boost Your Business Degree
Competition in some of these areas, however, is expected by the agency to be keen, with the number of qualified candidates outnumbering the positions available. Toward this end, it might help students working toward business or finance degrees to look beyond the actual degrees. There are, in addition to obtaining a business or finance degree on line, steps that students might take to improve their competitiveness and enhance their marketability.When it comes to actuaries, the Bureau anticipates some of the best employment opportunities are to be at consulting firms. Students who obtain business and finance degrees and want to become actuaries might consider taking at least two credentialing exams so that they can be more competitive candidates, the agency suggests. Internships might also help enhance job prospects for students with plans to become actuaries.
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Certifications That Add To Online MBA Programs
In addition to online business degrees or finance degrees at the master's level, students with sights set on becoming financial analysts might consider earning certifications, such as that of a Certified Financial Analyst (CFA), according to the Bureau. Likewise, accountants and auditors who have professional licenses or certifications might expect to enjoy better employment opportunities, the agency notes. Business and finance-degree holders who become certified public accountants (CPAs), for example, might experience more opportunities than others, information from the Bureau suggests.
Salaries for these different positions vary greatly, which is something that students seeking a business or finance degree specialty might consider. According to the Bureau of Labor Statistics, professionals in these positions between 2008 and 2009 earned median annual wages of between $54,700 and $84,810. Loan officers and logisticians earned median yearly salaries of $54,700 and $67,960 respectively, which were on the lower end, while financial examiners and actuaries, by comparison, commanded $79,070 and $84,810, information from the agency shows.
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Start Your Online Degree Program - Hiring Is On The Rise For College Grads!
While hiring for college and university graduates was down in 2008, according to the National Association of Colleges and Employers, many employers have had positive news to report. These employers have advised the association that they intend to hire more new graduates in 2011, after hiring rates began leveling off last year, the association reports. As far as entry level salary offers are concerned, class of 2010 students with accounting and finance degrees at the bachelor's level, along with those who earned bachelors degrees in computer science, computer-related subjects and engineering, received entry level salary offers of $47,673 to $66,437, a National Association of Colleges and Employers study shows.Many students might set out to obtain business and finance degrees. When investing in a traditional or online degree education, however, it can be important to keep an eye toward the future and the careers to which those business and finance degrees might lead. College and university counselors and advisers, like the Bureau of Labor Statistics, might provide students seeking finance and business accredited online degrees with valuable information that might enhance their future marketability in the fields that interest them.
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