New England College of Business provides a unique graduate program in Finance for students to develop leadership skills. This program goes beyond the technical knowledge to equip students for better employment opportunities in managerial and leadership positions. Indeed, the online Master’s in Finance with a Leadership Track focuses on the essential leadership knowledge by offering strategic leadership courses in human resources, marketing and international business.
Additionally, students may choose four of the offered electives better suited to career opportunities in their fields and occupational interests.
The Leadership Track in the online Master’s in Finance program has 10 courses: two foundation courses, three core courses, four electives, and the Master’s in Finance Capstone.
Graduates of this program may seek employment opportunities in a wide variety of positions in companies and nonprofit organizations.
Employment of management occupations is projected to grow 8 percent from 2016 to 2026, about as fast as the average for all occupations, which will result in about 807,300 new jobs. Employment growth is expected to be driven by the formation of new organizations and expansion of existing ones, which should require more workers to manage these operations.
The median annual wage for management occupations was $100,790 in May 2016, which was the highest wage of all the major occupational groups.
Employment of financial managers is projected to grow 19 percent from 2016 to 2026, much faster than the average for all occupations. Several core functions of financial managers, including risk management and cash management, are expected to be in high demand over the next decade.
Services provided by financial managers, such as planning, directing, and coordinating investments, are likely to stay in demand as the economy grows. The United States remains an international financial center, meaning that the economic growth of countries around the world will likely contribute to employment growth in the U.S. financial industry. In recent years, companies have been accumulating more cash on their balance sheets, particularly among those with operations in foreign countries. As globalization continues, this trend is likely to persist. This should lead to demand for financial managers, as companies will be in need of cash management expertise.
Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.
Employment of management analysts is projected to grow 14 percent from 2016 to 2026, faster than the average for all occupations. Demand for the services of these workers should grow as organizations continue to seek ways to improve efficiency and control costs.
Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending. Budget analysts work in government agencies, universities, and private companies. Most work full time.
Employment of budget analysts is projected to grow 7 percent from 2016 to 2026, about as fast as the average for all occupations. The demand for budget analysts should continue because of the importance of their role in managing the allocation of funds in both governments and businesses.
1 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Management Occupational, on the Internet at https://www.bls.gov/ooh/management/ (visited February 8, 2018).
2 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Financial Managers, on the Internet at https://www.bls.gov/ooh/management/financial-managers.htm (visited February 8, 2018).
3 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Management Analysts, on the Internet at https://www.bls.gov/ooh/business-and-financial/management-analysts.htm (visited February 8, 2018).
4 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Financial Analysts, on the Internet at https://www.bls.gov/ooh/business-and-financial/budget-analysts.htm (visited February 8, 2018).
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