Study: Job opportunities for financial professionals expected to increase

Study: Job opportunities for financial professionals expected to increase

Due to dishonesty in the financial sector that led to the economic downturn, career prospects for individuals who are looking to enter this field have decreased over the past few months. However, industry experts suggest that more finance-related jobs will become available over the next year.

A new survey from the AnEx Advantage Training and Associate Program revealed that many financial firms are planning to increase their recruitment efforts in the coming months. A total of 74 percent of respondents said they are planning to hire more employees in the next year, while 23 percent expect to gain more employees within six months.

Paul Pignataro, founder of AnEx Advantage, said that these figures indicate that “waiting for the economy to improve is not the best option for recent MBA graduates or current students,” as a slower hiring season could give professionals an opportunity to “sharpen some other skills that they can use down the road.”

Financial professionals who enroll in a campus-based or online MBA program could increase their salaries, as the Bureau of Labor Statistics reports that a master’s degree could enhance an individual’s salary by $200 per week.

By Stefanie Hughes