Jenna Brown – The world of finance conjures up images of Wall Street tycoons that we’ve all seen in films. We imagine a life of luxury, grace, and ease. Perhaps, we think, a career in finance could help me own a beautiful home, drive a luxury car, and go on wonderful vacations.
For a few people, it might actually be as glamorous as they envision; after all, many CFOs in big corporations earn more than a million a year. Still, for the rest, it can still be pretty good. While you may not get into the six figure income bracket right away, you’ll be able to get into the high five figures quickly enough. After a few years experience, six figures will be a breeze. And, yes, even seven figures are eventually possible if you’re excellent at what you do.
Let’s look at four finance careers that have a high income and lifestyle upside:
1. Mortgage Loan Officer
The median annual income is about $62,000, and the projected job growth for the next 10 years is expected to be around 10 percent.
This position requires a college degree if you work in commercial lending, usually a bachelor’s degree in finance or economics. Residential lending is slightly less demanding, requiring an MLO License.