Topic > Case Study: A Promising Career Path - 1013

Once a person has earned a bachelor's degree in finance and completed the required experience, he or she is required to prepare financial statements, supervise employees and their duties, review financial expenses and reduce costs, find expansion opportunities by analyzing market trends and make financial choices. As a financial manager, you are responsible for all financial decisions, which is a big weight on someone's shoulders. In 2014, one in three financial managers worked more than 40 hours and the average annual salary was $115,320. A fast-paced work environment is expected because you work with senior managers and departments, so it is stressful to carry out all the expected tasks. Additionally, as responsible for finances, a financial manager is responsible for advising senior managers and senior executives on ways to maximize profits and reduce costs. Another interesting aspect of this work is that it is expected to “grow 7% from 2014 to 2024, almost as fast as the average for all occupations” (“Financial”). Ultimately, while growth will vary by industry, the services offered by money managers will remain in demand as the economy continues to grow