Investment management involves creating, monitoring and optimizing clients’ financial portfolios. The profession can be pretty lucrative: Top financial managers make roughly 3.3 times the median annual pay for all professions, according to data from the U.S. Bureau of Labor Statistics (BLS). But is investment management a good career path? We spoke to industry professionals to …
Many businesses rely on the underwriting process to evaluate and manage financial risks. For instance, an insurance company uses underwriting to judge applicants for coverage and decide whether to accept or deny their application. Similarly, a mortgage lender relies on underwriting to evaluate a loan application and determine whether to approve or reject a home …
If long-term demand is any indication, technology is a good — or maybe even great — career. And the industry’s generous pay makes tech an even more attractive field. But is technology a good career path for you? Read on to find out. The Tech Job Market The U.S. Bureau of Labor Statistics (BLS) forecasts …
A mortgage underwriter is a pivotal person in the process of taking out a loan to buy a home. Simply put, they approve or reject a borrower’s loan application. When you apply for a mortgage, you ask a lender for the loan. A mortgage lender then looks to an underwriter to determine if the lender …
An insurance underwriter combs through an insurance application to gauge the applicant’s risk and determine whether to extend coverage. Through the underwriting process, an underwriter also figures out how much the insurance policy will cost and the limits of the coverage. Insurance underwriters make decisions about various types of insurance, including auto, homeowners, life, disability, …
Accountants are key figures in helping organizations and people keep their finances in order. For instance, they might ensure a company’s financial records are correct and legal or file someone’s annual tax returns. In other words, they handle accounting or money matters. But what does an accountant do in their day-to-day work life? In this …
A certified public accountant (CPA) is an accounting professional who passed the CPA exam and met their state’s experience and education requirements for licensure. A CPA can hold a variety of different job titles, such as tax accountant, financial analyst, auditor, chief financial officer, and accounting professor. As of August 2022, nearly 666,000 people in …
A finance career can be personally and financially rewarding. It can also require long hours and high stress. We spoke to industry experts to determine: Is finance a good career path? The short answer: Yes, if you’re looking for a high-paying position with a certain level of job stability — and you genuinely enjoy the …
