Working in the financial industry can be an appealing prospect, especially if you like working with numbers and money. Yearly pay is usually pretty decent, and the skills you use are ones that can be applied to managing your personal finances as well. One common misconception is that you need to have an advanced degree in order to get a good career in the finance industry. That's not necessarily the case. There are some careers in finance that don't require you to have an advanced degree.
Bookkeepers are primarily responsible for maintaining business expense records. This includes duties such as managing accounts payable and receivable, checking financial records for accuracy, and preparing financial reports. To become a bookkeeper, you need a minimum of a highschool diploma or a GED. A bachelor's degree is a good idea as well, specifically one focusing on finance. Many employers offer on-the-job training, which is great if you don't have any experience. If you want to get a competitive edge without getting an advanced degree, consider becoming a certified bookkeeper through the American Institute of Professional Bookkeepers. According to Pilot, income varies from state to state, but the average income for a bookkeeper is around $20 per hour.
Mortgage Loan Officer
Mortgage loan officers are responsible for helping prospective homeowners find the mortgage that is right for them. To become a mortgage loan officer, you don't need to have a bachelor's degree, but it will help if you do. You will be required to get a mortgage loan originator license, regardless of what state you live in. Before you get your license, you'll have to complete pre-license education. According to MEC, all states require a minimum 20 hours of pre-license education before additional state hours. After completing the education requirements, you'll have to pass the SAFE MLO test and pay the state fees. You'll also need to obtain a state-approved sponsor and an NMLS Unique Identifier. The average MLO salary as of 2018 was $63,040 per year.
Tax accountants can serve anyone who needs help with taxes, which means pretty much everyone from individuals to big corporations. Their responsibilities include things like preparing and filing taxes, as well as advising on tax liability. You'll need a minimum of a bachelor's degree in accounting to be a tax accountant. Upon completing your degree, you can apply to become a CPA. There is additional coursework that may be required to become a CPA, but it's different from pursuing a master's or other advanced degree. Finally, you'll need to take and pass the CPA exam. According to the Accounting Institute of Success, the average CPA salary is $62,410 per year, but can change depending on factors such as experience, where you live, and what your specialty is.
The finance industry is full of lucrative careers. One of the great things about it is that although advanced degrees can be beneficial, landing you better jobs and higher pay, they aren't necessarily a requirement for success in the industry. You can make a successful career for yourself as a bookkeeper, mortgage loan officer, or a tax accountant. If you have a head for numbers and the drive to succeed, you can make it in the finance industry.
Read this next: How to Grow in Your Career During the COVID-19 Pandemic
The current coronavirus pandemic had brought much uncertainty upon the world. Many people are scared to think about the future, much less growing their careers right now. However, due to the free time quarantine has given most people around the world, now is actually the perfect time to grow your career. Here are three things you can do to do just that.
Start a Business
One of the things you can do is start a business, especially if your business does work online. You could start a blog, or a YouTube channel. You could offer discounts to handmade products and ship your product straight from your home. You can offer online classes, consultations for your field, among many other ideas. There is a demand for innovation and creativity right now, and your business can help fulfill that demand.
Go to School Online
nother thing you can do is go back to school online. Online schooling has many benefits during COVID-19 when many people have freer time than normal. While schools are not open for classes in person, online courses are booming. Of course, there are some bugs and problems with online school. Some online courses are known to have formatting issues. It can be a hassle to juggle family and school at the same time, especially if you’re in the same space and your children also need to do school online. But there are many benefits to online school. It’s typically cheaper than in-person tuition, it’s flexible, and there are numerous options for you to choose from to be your emphasis of study. If you’re seeking the need for a challenge, online school might just be the option for you.
Work on Back-Burner Projects
Another thing that you can do to further your career is work on projects that you haven’t had the chance to work on because of your busy schedule. These are the projects you’ve put on the back-burner to do when you have the time. Now is the perfect time to work on these projects. You can build your portfolio by working on your graphic design projects. You can work on coding projects that you keep putting off. All those projects can help you build skills to further your career.
While coronavirus has changed the face of the economy and the world as we know it, you can use this time to further your career.
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Most of us have a job that we’ve wanted ever since we were kids. That job led to a choice of school, major, and possibly further schooling. However, after graduation, it can be very difficult trying to secure your dream job, especially if there is a lot of competition. Thankfully, there are things you can do to secure your dream job and find the most fulfilling work you could have ever asked for.
Learn How to Market Yourself
In order to secure your dream job, you need to learn how to market yourself. You need to know what skills you have and be able to present them in a way that makes you stand out from the crowd. It can be tricky to write a resume, or cover letter, or even a LinkedIn profile, as you may not be confident in the skills you have learned, which is why it’s important to practice confidence. Practice your resume building skills. Learn what skills companies want that you have and focus on those skills as you build your resume and cover letters. When working on your LinkedIn profile, you should include a practical title in your profile over a fluffy buzzword that makes you harder to find on LinkedIn. As you learn to market yourself, you’ll become more recognizable and have an easier time securing your dream job.
Learn How to Interview
Another thing you can do to gain your dream job is learn how to interview well. Interviewing can be hard and intimidating. You might be incredibly excited to have this opportunity, but also terrifyingly nervous, and that’s okay. Practice makes perfect. Work on being confident. Dress the part for the job. Practice good posture and a firm handshake. You don’t have to be a perfect interviewee overnight, but employers can tell if you’re confident in the interview. You can’t go wrong with presenting your best foot forward.
Don’t Give Up
Above all, don’t give up. Securing your dream job takes time and work, and much perseverance. You may not get your dream job the first time you try, but don’t let that discourage you. Keep trying. Your dream can become a reality as long as you don’t give up.
Your dream job is ready for the taking, but are you ready for the job? Securing your dream job will take considerable effort but it is worth it. Your dream is waiting.
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If you’re looking for a change of scenery and workflow, consider a transition to the real estate market. The real estate market has something for everyone. You can find steady careers with modest returns, or higher risk ones that can yield big bucks. The best part about a real estate career is the freedom. Most real estate workers get to set their own schedules, many are self-employed. If you want to make this transition as smooth as possible, here are some things you should do.
Do Your Market Research
Before you dive in, you should do some market research. Check out what jobs are doing well in your area. Don’t just look for jobs that have the potential for high pay. Look for jobs that are lacking in personnel. The less competition you have, the better. Don’t get scared if the housing market isn’t doing super well at the moment either. The market is always fluctuating. Besides, there is always work to be done in real estate. Often when fewer people are buying, more people are renting. By taking the time to research the market and learn how it works, you will be setting yourself up to make smarter decisions for your future.
An Online Education
To work in real estate, most jobs require that you have a license. The process for obtaining the license will ensure that you are aware of all the relevant laws and regulations that govern the work you do. Pay special attention to these things. You’ll need to follow them to maintain a good reputation. One of the best ways to get your real estate license is online. There are a few steps you should take to get your real estate license online. First, pick a real estate school with a good reputation. Second, set aside time in your schedule to work on classes. Third, start the course and work hard.
Learn to Network
While you are working on your license, there is something else you need to work on. Your success as a real estate worker is going to depend in large part on your networking skills. You need to make friends with banks and other money lenders. You should also make contact with other real estate workers. Get comfortable with promoting yourself. If you don’t, no one will. You have to put the word out about your work so that people will hire you.
Working in real estate can be very rewarding. You will be helping people find properties that are the perfect fit for them. You’ll also help your clients avoid bad situations. Not to mention that there usually is a really nice paycheck attached to your work.
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So, you’re interested in becoming an electrician. That’s great! Electrical work is a very respectable trade with a great future. While many other jobs are being taken over by computers, it is highly unlikely that robots will be able to replace the work of an electrician anytime soon. If you are planning to become an electrician, here are three things you should know.
Why an Electrician?
Some industries are dying due to technological advancements, but that is not the case for electricians. As technology becomes more and more integrated into our lives, the demand for workers trained on technology installation is increasing. Businesses are constantly needing electricians to come in and solve problems with power distribution in their buildings. These needs are urgent, and a business is willing to pay a lot for a solution. The job outlook for electricians is projected to have above average growth over the next ten years. Not only is the need for electricians increasing, but the industry is starting to experience a labor shortage. That means that those who do become electricians have the potential for higher salaries.
What It Requires
Electrical work can be dangerous if performed by an ignorant individual. Not only can someone be electrocuted, but an overloaded circuit could start a fire. As such, states require that electricians be licensed. You don’t have to go to college to become licensed, instead you attend a trade school. Electricians generally spend about four years studying and practicing the NEC requirements through apprenticeships. The advantage to these programs is that you learn on the job. Through the apprenticeship you gain valuable experience while you are studying. The best part is that you usually get paid during your apprenticeship for the work you perform.
Franchise or Private?
Once you earn your license, you have a choice. You can either go work for a franchise, or you can work as a private electrician that owns their own practice. The advantage to joining a franchise is that you don’t have to worry about marketing yourself or any other business logistics. The franchise will take care of all that for you. They will provide you with the work that you need. The only downside is that you will be paid less. By owning your own practice, you have the potential for higher earnings, but you also have to deal with the requirements of running a business.
Whichever route you choose to go, you will undoubtedly have plenty of work to do. There is so much demand for the work that you will do. Just make sure that this is a job that you can enjoy. You spend most of your time at work, so you should find the work satisfying.
Read this next: Alternative Options to College—Careers to Look Into Right After High School
In recent months people have started looking at the idea of freelancing in a different way. Many former employees are seeing more pros than cons in the freelance life.
The Free in Freelancer
The “free” in “freelancer” doesn’t mean you won’t get paid, but it does mean that you have a lot more freedom in the way you work. Freelancers have the choice to do most anything they want with their business. As the boss they can determine hours worked, goals, location and pay in staying with their career choice. Working for an employer, you have so little choice in anything as opposed to choices in most everything as a freelancer.
As a freelancer, you can decide if you want to work at several side hustles or if you want to work full-time in a field that requires special training. A degree doesn't hurt anything, but you might find that you want to pursue a career that is more life skills-oriented than degree oriented.
It's key to have good customer/client service as a freelancer. It's easier to have a one-on-one relationship with your customers as a freelancer, and this can make for better customer service relations. Your customers will likely be more at ease and want to work with your company more often knowing that if there is a problem you will handle it quickly and professionally.
As a freelancer you can set the price for your services, though the market will play a large role as well. When working through a third party such as your employer or temporary service, you do the work but do not get all the profit. Working for yourself, you can determine what you are worth and price your services accordingly with the ability to be flexible in pricing when you want to be.
More Career Options
When you are the one making all the decisions, you can choose whatever career path you want. You won't have to depend on an employer to offer classes or other continuing education. You can choose a field you have been dreaming of without having to go through the often rigorous process of a job interview. However, the tradeoff is the need to market yourself.
If you decide to freelance, you have the option to turn your passion into a way to make a living. Your hobby could be something that people would want to pay you for, which would be a win-win situation. In other cases, a skill you have like transcription can be easily moved to a home office.
As the world changes in so many ways, working as a freelancer could prove to be the best option for you. Take a look at your life and what would be most fulfilling to you. Ask yourself if your talents and skills lend themselves to the freelance world. Then, take a look at your options to determine if the freelancing life is for you.
Read this next: 3 Traits That Will Set You Apart in the Business World
Business ownership appeals to veterans seeking new careers
Once their service ends, veterans often expect to start a new career. In many cases, the same skills and characteristics that helped make them successful in the military, such as ambition and a drive to succeed, make veterans uniquely suited for entrepreneurial endeavors like business ownership.
Learn more by reading the full article here.
LinkedIn is letting us in on the top 5 secrets to getting noticed and snagging that new job opportunity. Learn the top tips from LinkedIn on how to advance your career by reading the full Medium article here or viewing below.
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