Financial examiners see a booming job market

For a career in the fast-growing field of financial examination, students should consider pursuing higher education.
For a career in the fast-growing field of financial examination, students should consider pursuing higher education.

The field of financial examination is expected to grow much faster than average between 2008 and 2018, with approximately 16,000 jobs projected to open in that time, according to the Bureau of Labor Statistics (BLS).

Individuals who are employed in this field are responsible for ensuring that financial and securities institutions as well as financial and real estate transactions are legal and comply with regulations, according to the BLS. They also examine, verify and establish authenticity of records.

While the average annual salary of financial examiners varies greatly by job title, the BLS reports that in 2009, it was between approximately $60,990 and $101,650, with the highest paying jobs in the federal executive branch.

Because 82 percent of individuals who work in this field have a bachelors degree, universities around the country are responding to this increase in demand, according to the source. For example, Southern New Hampshire University recently announced it will offer an online forensic accounting and fraud examination program as a concentration within its bachelor's of science in accounting degree.

The program, the university said, will give students a background in accounting and provide them with the analytical skills that are necessary to examine financial statements.

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