The Finance Cluster prepares learners for careers in financial and investment planning, banking, insurance and business financial management. Career opportunities are available in every sector of the economy and require specific skills in organization, time management, customer service and communication.
The finance and insurance industry is projected to increase by 9 percent from 2013 to 2020, resulting in 505,100 new jobs. Employment in accounting, auditing, financial analysis, securities, and other financial investments and related activities is expected to expand 25 percent by 2020. Growth will be driven by the wide range of financial assets available for trade, the number of baby boomers reaching retirement age and therefore seeking advice on retirement options, and the globalization of securities markets. Employment in credit intermediation and related activities, an industry that includes banks, is projected to grow by about 3 percent. Almost 6% of the total working US population is working in finance, real-estate, and insurance.
Consultant: Joy Smith