4 Fastest Growing Finance Careers for 2022
As the economy continues to recover from the downturn brought on by the pandemic, demand for workers has increased exponentially. In June 2021, job openings for all sectors in the U.S. exceeded 10 million for the first time. Part of this increased hiring is a steady demand for finance professionals.
According to the Bureau of Labor Statistics (BLS), employment in business and financial occupations are projected to grow 8% by 2030. If you are thinking about a career in the finance industry, or are a seasoned finance professional looking to make a career move, consider one of these fastest growing finance careers.
Financial Examiners are responsible for ensuring financial institutions are in compliance with the various laws and regulations that regulate the finance industry. Finance Examiners typically work for the government, examining the activity of banks and other financial institutions, and make a median salary of $81,430
To become a Finance Examiner, you will need at least a bachelor’s degree in finance or another related field. According to the BLS, Financial Examiner careers are expected to grow by 18% in the next 10 years, much faster than the average of all careers.
Accountants and Auditors
Accountants and auditors have varying responsibilities, but overall, they prepare financial documents and ensure their accuracy. Most accounting and auditor jobs require a bachelor’s degree. If you want to better your chances of landing a job in this industry, earning your Certified Public Accountant license is highly recommended.
Accountant and auditor careers are expected to grow 7% in the next 10 years, with a median salary or $73,560.
Many companies rely on Financial Analysts to interpret data in order to identify business opportunities or provide investment recommendations. Financial Analysts should have a strong understanding of economic conditions in order to make predictions and provide sound investing advice.
In order to get into this competitive field, many finance professionals go beyond a bachelor’s degree, with many earning an MBA or other graduate degree. You may also eventually need to earn one or more licenses by passing an exam such as the Series 6 and Series 7.
This career is expected to grow 6% by 2030, with a median salary of $83,660, according to the BLS.
Personal Financial Advisors
In the simplest terms, Personal Financial Advisors help people make investments and other financial decisions. They help people invest and save for things like retirement or a child’s college fund.
Most Personal Financial Advisors will begin by assessing your goals to help you make a plan for your financial future. Many work for large banks or brokerage firms, while others work at smaller firms or are self-employed.
To become a Personal Financial Advisors, you’ll need at least a bachelor’s degree in finance or a related field. Most professionals in this career will also need to earn various licenses in order to provide financial advice. You may also consider getting an advanced degree to help better your career prospects.
This career is expected to grow 5% in the next 10 years, with a median salary of $89,330.
Ready to make a career move?
If you’re ready for the next step in your finance career, contact Burchard & Associates. We help finance professionals like you find career opportunities in the St. Louis area and beyond. Check out our available opportunities or contact us today.