Finance Articles

Efficiently distributing limited financial resources is an important challenge in all organizations. In most large and complex organizations, this task would be nearly impossible without budget analysts. These workers develop, analyze, and execute budgets, which are used to allocate current resources and estimate future financial needs.

A bachelor’s degree usually is the minimum educational requirement for budget analyst jobs, but some organizations prefer or require a master’s degree. Entry-level budget analysts usually begin with limited responsibilities but can be promoted to intermediate-level positions within 1 to 2 years, and to senior positions with additional experience.

Salaries of budget analysts vary widely by experience, education, and employer. Median annual earnings of wage-and-salary budget analysts in May 2006 were $61,430. The middle 50 percent earned between $49,070 and $77,000.

Most positions require a bachelor’s degree, although few require a specific major. An MBA or professional certification can also be very helpful. Advancement is often very difficult, but those who are successful can have extremely lucrative careers.

* About 30 percent of statisticians work for Federal, State, and local governments; other employers include scientific research and development services and finance and insurance firms. * A master’s degree in statistics or mathematics is the minimum educational requirement for most jobs as a statistician. * Employment of statisticians is projected to grow about as fast as average. * Individuals with a degree in statistics should have opportunities in a variety of fields.

A master’s degree in statistics or mathematics is the minimum educational requirement, but research and academic jobs generally require a Ph.D., Federal Government jobs require at least a bachelor’s degree.

Statisticians held about 22,000 jobs in 2006. About 20 percent of these jobs were in the Federal Government, where statisticians were concentrated in the Departments of Commerce, Agriculture, and Health and Human Services. Another 10 percent were found in State and local governments, including State colleges and universities. Most of the remaining jobs were in private industry, especially in scientific research and development services, insurance carriers, and pharmaceutical and medicine manufacturing.

Median annual wage-and-salary earnings of statisticians were $65,720 in May 2006. The middle 50 percent earned between $48,480 and $87,850. The lowest 10 percent earned less than $37,010, while the highest 10 percent earned more than $108,630.

Actuaries held about 18,000 jobs in 2006. Over half of all actuaries were employed by insurance carriers.

Median annual earnings of actuaries were $82,800 in May 2006. The middle 50 percent earned between $58,710 and $114,570. The lowest 10 percent had earnings of less than $46,470 while the top 10 percent earned more than $145,600.

Actuaries need a strong foundation in mathematics, statistics, and general business. They generally have a bachelor’s degree and are required to pass a series of exams in order to become certified.

One of the main functions of actuaries is to help businesses assess the risk of certain events occurring and formulate policies that minimize the cost of that risk.

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A Nursing career is one of rewards and heartache, but is one of the most courageous jobs in the world. A nurse has to study at a reputable four year college and she or he may work in a doctor’s office or a hospital.

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Physicists and astronomers conduct research to understand the nature of the universe and everything in it. These researchers observe, measure, interpret, and develop theories to explain celestial and physical phenomena using mathematics.

Physicists and astronomers conduct research to understand the nature of the universe and everything in it. These researchers observe, measure, interpret, and develop theories to explain celestial and physical phenomena using mathematics.

Most physicists and astronomers do not encounter unusual hazards in their work. Some physicists temporarily work away from home at national or international facilities with unique equipment, such as particle accelerators.

Because most jobs are in basic research and development, a doctoral degree is the usual educational requirement for physicists and astronomers.

Mathematical ability, problem-solving and analytical skills, an inquisitive mind, imagination, and initiative are important traits for anyone planning a career in physics or astronomy.

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Private detectives and investigators held about 52,000 jobs in 2006. About 30 percent were self-employed, including many for whom investigative work was a second job. Around 34 percent of detective and investigator jobs were in investigation and security services, including private detective agencies, while another 9 percent were in department or other general merchandise stores.

Actuaries held about 18,000 jobs in 2006. Over half of all actuaries were employed by insurance carriers.

Graphic designers - or graphic artists - plan, analyze, and create visual solutions to communications problems. They find the most effective way to get messages across in print, electronic, and film media using a variety of methods such as color, type, illustration, photography, animation, and various print and layout techniques.

Actuaries need a strong foundation in mathematics, statistics, and general business. They generally have a bachelor’s degree and are required to pass a series of exams in order to become certified.

Writers and editors held about 306,000 jobs in 2006. More than one-third were self-employed Writers and authors held about 135,000 jobs; editors, about 122,000 jobs; and technical writers, about 49,000 jobs.

Announcers held about 71,000 jobs in 2006. About 42 percent of all announcers worked part time.

Medical records and health information technicians entering the field usually have an associate degree from a community or junior college. Many employers favor technicians who have become Registered Health Information Technicians (RHIT). Advancement opportunities for medical record and health information technicians are typically achieved by specialization or promotion to a management position.

Animal caretakers and service workers held 200,000 jobs in 2006. Over 3 out of 4 worked as nonfarm animal caretakers; the remainder worked as animal trainers. Nonfarm animal caretakers often worked in boarding kennels, animal shelters, stables, grooming shops, pet stores, animal hospitals, and veterinary offices.

Median annual earnings of registered nurses were $57,280 in May 2006. The middle 50 percent earned between $47,710 and $69,850. The lowest 10 percent earned less than $40,250, and the highest 10 percent earned more than $83,440.

Construction equipment operators use machinery to move construction materials, earth, and other heavy materials at construction sites and mines. They operate equipment that clears and grades land to prepare it for construction of roads, buildings, and bridges.