50 Fastest-growing Jobs for the Future
The continued drilling and mining for natural resources drives the employment sector that is expected to grow up to 20% by 2026. While most helpers only need a high school diploma, others may require a certificate to assist in operating specific machinery. As a doctor of everything animal, veterinarians provide a significant amount of services including vaccinations, wound treatment, setting bones, or performing surgeries. Practicing medicine on animals requires extensive schooling and licensure and comes at a cost.
How technology is changing accounting
Though the BLS does not predict forward-looking pay estimates, it does estimate that employment will grow by at least 14% for all five occupations from 2019 to 2029. Taking online courses can be a great way to build job-ready skills in accounting. The Intuit Academy Bookkeeping Professional Certificate is a good place to build a foundation in the accounting field and qualify for entry-level jobs. If you’re ready to further your career, consider Google’s advanced professional certificates in Business Intelligence and Data Analytics, and build skills for handling large amounts of data. Typically, management accountants have at least a bachelor’s degree in accounting or a related field.
Half of Latinas Say Hispanic Women’s Situation Has Improved in the Past Decade and Expect More Gains
In addition, these certs can help you earn a higher salary than non-certified workers. So if you’re looking to make more money in your IT career, consider pursuing one of these high-paying IT certifications. In fact, according to the US Bureau of Labor Statistics, IT occupations are expected to grow by 13% from 2020 to 2030, resulting in around 667,600 according to the previous article, what occupation is expected to be the highest-paying career? new employment opportunities. The median yearly wage for computer and information technology jobs was $97,430 in May 2021, considerably higher than the typical yearly salary for other occupations of $45,760. Management accounting is a challenging and rewarding career that can offer opportunities for advancement and high earning potential.
- While 56% of the physicians work in doctor’s offices, another 23% practice in the state, local, and private hospitals.
- The geeky accountant who does nothing but hammer away on his adding machine is virtually a thing of the past.
- Some 4% of workers not changing employers experienced a change in occupation, an opportunity that may present itself through training or career progression within the same establishment or firm.
- This share translates into an annual turnover of 30% of workers – nearly 50 million – if it is assumed that no workers change jobs more than once a year.
- Additionally, retiring and vacating employees contribute to the occupation growth that the BLS reports is much faster than the average occupation.
- Among the major racial and ethnic groups, Hispanic and Black workers are more likely to switch employers than White and Asian workers.
Computer and information systems managers
Accountants work for companies, individual clients, and governments to ensure that firms run efficiently, records are kept accurately and taxes are paid. Other duties include analyzing budgets and providing financial planning services as well as information technology consulting and limited legal services. Tangentially, there will be a large need for people to interpret the vast amount of data to help business leaders make smart, informed decisions. Across those six occupations, economists have the highest average earnings ($116,630), while biochemists and biophysicists saw the greatest four-year change in pay, with average earnings increasing by almost 16%. The CASP+ exam includes a number of topics like risk management, incident response, research and analysis, and connecting computers to company networks.
Public accountants ensure that these organizations’ financial statements comply with generally accepted accounting principles. The most common certification for tax accountants is the Certified Public Accountant (CPA) designation. Other popular certifications include the Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA). Each of these certifications requires the completion of specific education and experience requirements, as well as passing an examination. It also offers flexibility (there are so many specialties!), opportunity (there’s demand!), and compensation (it pays!). A different job in the financial field might pay more early in your career but after passing the CPA exam and getting a couple of years of experience in accounting, you can go anywhere you want and negotiate your salary upward.
Though a high school diploma and on-the-job training are allowed for some medical assistants, most need to complete a postsecondary nondegree award for employment. The need for mental health counselors will rise as states continue to change laws for drug offenders, who can now seek treatment and counseling services instead of serving jail time. “Job prospects are also expected to be very good for mental health counselors, particularly in rural areas or other communities that are underserved by mental health practitioners,” reports the BLS.
They ensure all spending is within the budget and that there is no fraud or waste. Tax accountants use their knowledge of tax laws and regulations to ensure that their clients comply with the law and minimize their tax liability. Tax accountants may also be involved in tax planning and advising clients on how to structure their affairs.
Postsecondary health specialties teachers
But there’s a lot more to the job than that—and it’s been evolving rapidly in recent years. Workers who aren’t actually intending to look for a new job soon are more likely than those who are to say it would be easy for them to find one. Among those who say it’s unlikely they will look for a job in the next six months, 43% say it would be easy for them to get the kind of job they want if they were looking today. Among those who say they are likely to look for another job soon, 32% say the same.
Many management accountants also have a master’s degree in accounting, business, finance, or a related field. For instance, KPMG, one of the “Big Four” accounting firms, launched the CPA Kickstart program, which offers new employees a full-time salary with benefits for two months to study for parts of the exam. Ernst & Young’s EY Career Path https://www.bookstime.com/ Accelerator Program provides courses to help people entering the field reach the 150 credit hours needed for the CPA exam. But that’s only part of the picture, a 2022 Deloitte poll revealed that 82% of hiring managers for accounting and financial roles at public companies and 69% at private companies were struggling with talent retention.
Accounting information systems
This type of accounting focuses on the preparation of tax returns and tax payments. The goal is to ensure that the company pays the correct amount of taxes; does not overpay or underpay. Ultimately accountants build trust with consumers and investors, forming what Heller calls the “bedrock of trust” in the economy. If this appeals to you—and you’re drawn to the types of roles and responsibilities described above—accounting could be the right path. So you’re interested, but you might be wondering what you’ll need to do to start an accounting career.
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