Case Study: A Promising Career Path

A Promising Career Path As students graduate from high school, endless career options exist in the twenty-first century that they can seek as they plan for college. Business is an intriguing career path to pursue because in modern society every aspect of humanity involves business. However, in the field of finance alone, various options are available, such as a financial manager, which is a promising career choice. A financial manager has been used in many different types of businesses, but it did not become a popular avenue of a career until 1974, when the government created a Bureau of Government Financial Operations. Previously the BGFO was split up into to different agencies, the Bureau of the Public debt and the Bureau

Once a person has received a degree in finance and completes their required experience amount, they are expected to prepare financial statements, oversee employees and their duties, review financial spending and reduce costs, find opportunities to expand by analyzing market trends, and make financial choices. As a financial manager, one is responsible for all financial decisions, which is a big weight on someone 's shoulders. In 2014, one in three financials managers worked over 40 hours and the median annual salary was $115,320. A hectic work environment is expected because one works with top executives and departments, so it is stressful to perform all the duties expected. Furthermore, as the head of finances, a financial manager is in charge of advising senior managers and top executives on ways to maximize profits and reduce costs. Another great aspect about this job is that it is projected to, “grow 7 percent from 2014 to 2024, about as fast as the average for all occupations” (“Financial”). In essence, although growth will vary by industry, services that financial managers offer will stay in demand as the economy continues to grow