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Work and Business 2

Accountants

Accountants help organizations to finance their operations, abide by government regulations, save money, and maximize their profits. They tap into the financial knowledge and skills learned in college to make sound decisions about an organization's resources. Accountants represent and communicate business information that is used by colleagues to operate more effectively, and by investors to make sound decisions about their investments.

Accountants conduct audits and provide consulting and tax planning services. They often move on to leadership positions within the finance division of their organization or client organizations. All types of business, governmental nonprofit, and educational organizations enlist the services of accountants.

Salary: the median annual income for accountants in May 2019 was $3,01. The lowest 10% earned less than $9,0, and the highest 10% earned more than $7,025.

Job Outlook: Employment of accountants and auditors is projected to grow by 10% between 2016 and 2026—faster than the average for all occupations.

Management consultants

Management consultants or management analysts carry out a process for clients, not unlike the case analysis method used in many of the classes for business majors. They apply analytical and problem-solving skills to their projects and utilize the teamwork and presentation skills cultivated through their studies. Consultants are experts at gathering information, organizing it, and composing reports with their findings.

Analysts are power users of technology as they process and represent data for their clients. They enlist the spreadsheet, database, and presentation tools so often applied to their class projects as business majors.

Salary: The median annual income for management analysts in May 2019 was $2,761. The lowest 10% earned less than $1,360 and the highest 10% earned more than $10,760.

Job Outlook: Employment of management analysts is projected to grow by 14% between 2016 and 2026—faster than the average for all occupations.


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