Career Options That Involve Money
Money is always in circulation, so it is inevitable that you will come in contact with it in just about any field you choose to work in. However, if you are interested in directly handling or working with money, there are quite a few jobs that focus in currency, from its conception to handling and managing it in various ways. Listed below are a few possible career options:
|Job Title||Median Salary (2016)*||Job Growth (2014-2024)*|
|Accountant||$68,150 (all accountants and auditors)||11% (all accountants and auditors)|
Source: *U.S. Bureau of Labor Statistics
Career Information for Jobs That Involve Money
Tellers are the front lines of customer service at banks and are responsible for completing standard transactions, such as making deposits into customers' accounts and cashing checks. Their jobs require a high level of accuracy and attention to detail, since they must ensure that the cash drawers are balanced and keep records of all transactions. This particular field deals with handling physical currency and managing it. This job requires a high school diploma and will entail a period of on-the-job training.
Accountants are responsible for drafting and overlooking financial records of a company or individual clients. They assess what taxes are owed, manage the books, find ways to increase profits and cost efficiency, and oversee the budgets of a company to make sure it is growing or breaking even. These workers focus on the management of funds, though actual involvement with currency may be a rare occurrence. This career path requires at least a bachelor's degree in accounting, though certain accountant positions may require a master's degree and some graduate-level education is required to become a Certified Public Accountant (CPA).
In general, chemists research and test materials in order to develop new products. While in the development phase, they must ensure that their products follow all safety regulations and can be safely replicated in mass production. Within the Bureau of Engraving and Printing (BEP), chemists are an integral part of the development and printing of new money as they improve the overall production or make modifications to the paper currency. Therefore as a chemist in this industry, you will deal with money on a molecular level, following the protocol and requests of the Treasury Department. A bachelor's degree in chemistry is required for entry-level positions, though a master's or PhD is usually required for research-level positions. The education can pay off, as chemists that work for the federal government (which includes those working for the BEP) reported earning a median salary of $106,160 in 2016, according to the U.S. Bureau of Labor Statistics.
Financial managers deal with the upkeep and oversight of the financial status of a company or organization. This position differs from the accountant position mentioned earlier due to the high-level, analytical demands that must be met by financial managers. For example, they are expected to have expertise in the organization's field in order to predict and handle any changes in the financial climate of that field, as well as be aware of the regulations. To become a financial manager, you need a bachelor's degree in finance or similar as well as knowledge within the field you will be working in, which can come from work experience.
Loan officers facilitate the loan application process for either personal or business pursuits by evaluating the financial reliability and possible growth of the person or business. They must have great knowledge in the varying types of loans that are applicable to an applicant's expressed needs. Loan officers can work in a wide range of fields such as mortgage loans or commercial loans, therefore they must be able to answer questions pertaining to the loan application and approval process while following both state and federal laws. This career requires a bachelor's degree in business, and licensure may also be needed depending on which loan field you are seeking work in.