A Brief Note On Business Careers By Brenda Vazquez
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ANALYSIS OF BUSINESS CAREERS
Reported Business Careers by Brenda Vazquez
Work Environment and Duties: Financial Manager
Financial Managers are responsible for the financial wellbeing of an organization. The duties of financial managers’ range from preparing financial statements to helping management make financial decisions to steer the company in the right direction. Financial managers prepare financial statements, business activity reports, and forecasts. Additionally financial managers must monitor details to ensure legal requirements are being met, supervise employees who do financial reports and budgets, review financial reports to reduce costs, analyze market trends to maximize profits and find expansion opportunities. As well as…show more content… A typical week in the life of a financial manager involves working full time in which one in three financial managers work more than 40 hours per week. These individuals must be accustomed to working in many industries, including but not limited to, banks and insurance companies (The Bureau of Labor Statistics, 2015, n.p.). In order to be a financial manager an individual must be willing to go above and beyond in order to secure themselves a job since there are more applicants than there are job openings.
Education and Prerequisites: Financial Manager
As jobs are scarce in the business world candidates must show that they are capable and proficient in their craft as opposed to other candidates. Although, the minimum educational requirement is a Bachelor’s degree in Finance, Accounting, Economics, and Business Administration, those who wish to secure a job are encouraged to pursue their Master’s degree in Business Administration, Finance, and Economics. Along with a Bachelor’s degree, five years of experience is required and those who wish to receive certification may do so in two different ways even though certification is not required. The Chartered Financial Analyst (CFA) Institute confers the Chartered Financial Analyst certification to investment professionals who have a Bachelor’s degree along with four years of work