Finance and Accounting

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Pros:  Many hemishe programs for accounting, low unemployment rate, many jobs come with great benefit packages, can work in a variety of job settings. 

Cons: Typically has a low starting salary,  entry-level accounts work very hard during their first few years, busy and stressful periods, job can be dull at times. 

Salary: Average is $70,000. 25% earn above $91,000. 

Best Degree: A bachelors or masters in accounting required, getting your CPA certification can really boost earning and job prospects. 

Pros:  High-starting salaries, many work typical 9-5 job hours, 27% employment growth, jobs usually come with great benefit packages. 

Cons: Hard to get your first job, must have a very good grasp of advanced mathematical concepts, grueling exam requirements. 

Salary: $101,00 average. 25% earn above $140,000.  

Best Degree:  Majoring in mathematics, statistics, or actuarial science is helpful for a career in actuarial science: any degree is accepted. However, passing at least one or two exams is required before applying for a job. 

Pros:  Great way to help people, can be your own boss and make your own hours, multiple ways to monetize your certification to increase revenue, multiple hemishe-owned companies, can add more certifications beyond CFP to improve your resume. 

Cons: Insignificant starting salaries, can be hard to start your own company, during difficult financial periods, stress levels are often elevated, difficult to pass the CFP exam and attain certification. 

Salary: Average is $90,000. 25% earn above $162,000. 

Best Degree: While many get degrees in finance or banking, many companies look at psychology majors or any other liberal arts degree. 

 Pros:  Wide variety of job settings, many frum-owned companies to work for, great way to impact people positively, lots of person to person interaction, ability to work remotely, many job openings.

Cons: Inability to help can also be stressful, low starting salary, very sensitive to economic recessions. 

Salary: Average is $64,000. 25% make above $94,000.

Best Degree:  Usually a bachelors degree in finance, economics, or accounting. To be a mortgage loan officer, a licensing exam is needed as well.