By Trudy Ring
This can be worthy in assisting a person who's exploring careers in Finance. The pattern resumes within the again also are a pleasant plus that push this past an easy reference quantity.
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The lowest 10 percent earned less than $24,770; more than 10 percent earned $145,600 or more. Stockbrokers, who provide personalized service and guidance with respect to a client’s investments, are normally paid a commission based on the amount of stocks, bonds, mutual funds, insurance, and other products they sell. Commission earnings are likely to be high when there is a great deal of buying and selling, and low when there is a slump in market activity. Most firms provide sales agents with a steady income by paying a “draw against commission”—a minimum salary based on commissions they can be expected to earn.
General accounting is usually the easiest function for entry-level employees to handle. There is a possibility of entry-level employment in the budget area although it does require some knowledge of hospital operations. It generally takes four to five years to rise from an entry-level job to a supervisory position. Employee Qualifications and Characteristics A bachelor’s degree in accounting, finance, or business management is good preparation for a hospital finance job. A master’s degree is helpful for those who wish to rise through the ranks, and a certified public accountant designation is preferred for CFOs.
Both types of firms are growing, as new financial markets spring up around the world and improved information technology makes cross-border investing easier than ever. 33 Portfolio Management 34 CAREERS IN FINANCE There are some special qualities required for success in this business. “The most important criterion is complete flexibility,” says Gavin, president of a successful global investment firm. The variables one encounters in international/global investing are almost infinite in number, he states.
Careers in finance by Trudy Ring