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For many students, a finance specialist – this is a proven way to A well -paid career and Security work.
In fact, US graduates believe that finances offer The best career prospects Overall, given the current economic climate, a new CFA Institute poll, a non -profit -focused financial education organization, said. The group questioned more than 9,000 college students and recent graduates between the ages of 18 and 25.
While the career prospects for financing has increased over the last year, in other fields, including STEM and health care, also found that the CFA Institute.
However, the finances are far behind many other specialties when it comes to employment opportunities after college, other data shows.
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“For me, a career in the field of finance is a turn to stability, “said 29 -year -old Raphael Perez, who pursues a Master of Science in Finance at the California State University in Sacramento.
Perez says he still feels some return from peers. “When I tell people that I get the CU in the field of finance, they often jokingly call me” financial brother, “he said.” Despite the negative shades of the phrase, it also reflects the expectation of financial success and prestige. “
Students and their families pay more attention to which specialty college is most likely Return investmentAccording to Peter Watkins, Senior Director of the CFA University Institute. “Students have the realization that they must make sure that the degree will make them work,” he said.
When young people enter the real world, they face an increasing tough work market.
According to the recent analysis of the job market for recent college graduates by Federal Reserve Bank of New YorkThe work opportunities “markedly deteriorated in the first quarter of 2025”. Among this group, the unemployment rate jumped to 5.8% – the greatest reading since 2021.
Although financial experts had higher salaries compared to most other specialties, the towns with nutrition, art history and philosophy were outnumbered by both financial and insulation, when it comes to employment prospects, found out that New York Fed.
For finance and computer science, the unemployment rate in these fields was 3.7% and 6.1% respectively. For comparison, the unemployment rate in the history of arts was 3%, and for the nutritional sciences the unemployment rate was only 0.4%, revealed the New York Fed.
After granting significant income since 2020, this year’s rise of the specialty has come soon, this year, this year, Other reports showIt is concerned that artificial intelligence quickly takes on jobs in the field.
According to New York Fed, specialty in economics also went worse than majors, such as theology and philosophy when it came to the level of employment for recent college graduates. For example, philosophy has an unemployment rate of 3.2%, and for the economy it is 4.9%.
The New York FED report was based on the 2023 census and the unemployment rate of recent college graduates.
Disabling between the New York Fed results and the CFA poll results are most likely related to public expectations, especially from the parents, Wotkins said. “It can be a parent management like” go to business, “he said.
Meanwhile, the demand for humanitarian specialties is increasing for a good reason.
At the conference last year, Robert Goldstein, Chief Operational Director BlackRock, is the world’s largest money leader, said the firm corrects its hiring strategy for recent cities. “We have more and more beliefs that we need history, English, and things that have nothing to do with finances and technologies,” Goldstein said.
This demand for the degree of liberal art is fueled by the rise of artificial intelligence, which determines the need for creative thinking and the so -called soft skills.
“This is a little golden tide in the II, people who quickly accept will quickly succeed,” Wotkins said.