CAREERINFORMATION

CareerinInvestmentBanking/PrivateEquity/HedgeFund

Compensation(AllinComp):

Overview:
Financialanalyststypicallydothefollowing:
Recommendindividualinvestmentsandcollectionsofinvestments,whichareknownas
portfoliosEvaluatecurrentandhistoricaldataStudyeconomicandbusinesstrends
StudyacompanysfinancialstatementstodetermineitsvalueMeetwithcompany
officialstogainbetterinsightintothecompanysprospectsandmanagementPrepare
writtenreportsMeetwithinvestorstoexplainrecommendations.
EntryIBPositionSalaries:
FirstYearIBAnalyst:$88,900
SecondYearIBAnalyst:$94,700
FirstYearIBAssociate:$129,000
ThirdYearIBAssociate:$223,000

MidCareerHFPositionSalaries:
JuniorHedgeFundAnalyst:$266,000
SeniorHedgeFundTrader:$309,450
JuniorPortfolioManager:$542,350
SeniorPortfolioManager:$1,247,900

Outlook:
Careerfieldgrowthasananalystisexpectedtoincreaseby16%by2022.Thisisan
increaseofanadditional39,000jobs.Thefinancialsectorisexpectedtoincreaseby
15%onthewholeandincreaseprofitsbyover112%.

EducationalRequirements:
Employersinboththeinvestmentbankingandhedgefundsectorsexpectpossible
employeestopossessabachelor'sdegreeinarelatedbusinessfield(ie.finance,
accounting,quantitativeriskanalysis).Higherlevelpositionstypicallyexpectindividuals
topossessanMasterofBusinessAdministration(MBA).

RequiredSkills:

Acareerintheinvestmentbanking,hedgefund,andprivateequitysectors,requires
skillsineconomicreasoning,quantitativeanalysis,operationsanalysis,mathematics,
managerialleadership,communications,complexproblemsolving,relationship
management,andnetworking.

CareerinAdvertising

Compensation(AllinComp):

EntryPositionSalaries:
CopyrightYearIStartingSalary:$49,000
CopyrightYearII:$57,000
CopyrightYearIII:$70,300

MidCareerPositionSalaries:
CreativeDirector:$117,600
SeniorCreativeDirector:$247,000

EducationalRequirements:
Therearenoformaleducationalrequirementspresentwhenattemptingtosecureajob
andanadvertisingfirm.However,intoday'scompetitiveeconomy,firmshave
increasinglysoughtafteremployeeswhopossessatleastabachelor'singraphics
designorrelatedbusinessfield.

GraphsprovidedbytheBureauofLaborStatistics:bls.gov
SalariesandcompensationprovidedbyPayScale:www.payscale.com

Outlook:
Advertisingentrypositionsareexpectedtoincrease12%byyear2022.Thisisan
additionofover25,400newpositions.

RequiredSkills:

Acareerinadvertising,andultimatelyadvertisingmanagement,requiresskillsin
graphicdesign,creativethinkingandinsight,managerialleadership,problemsolving,
andclientrelationshipcommunication.

WorksCited:
AnalystSummary.(2014,January8).RetrievedApril21,2015,from
http://www.bls.gov/ooh/businessandfinancial/financialanalysts.htm

FinanceManagerSalary(UnitedStates)UnitedStatesHomeChangeCountryDon't
seewhatyouarelookingfor?GetAFreeCustomSalaryReport.(n.d.).Retrieved
April21,2015,from
http://www.payscale.com/research/US/Job=Finance_Manager/Salary