ROBERT MORRIS UNIVERSITY www.rmu.edu/careercenter
PPG Industries Career and Leadership Development Center
ECONOMICS AND FINANCE- Career Resource Guide
Career Options
Academic Economics/Finance / Teach economic/finance theory.
Bank Management / Manage day-to-day bank activities.
Business Economics / Advise organizations on current economic trends.
Controller / Handle financial planning, accounting, financial reporting and cost analysis.
Corporate Lending / Determine credit worthiness of clients, financial analysis of loans.
Credit Management / Establish policies for granting credit to suppliers, policies for collections.
Financial Analysis / Determine financial needs, analyze capital budgeting projects, establish long-range financial planning, and implement financial plans.
Financial Planning / Provide financial advice and retirement assistance.
Investment Banking / Purchase securities, manage financial assets, trade securities and provide advice.
Portfolio Management / Develop and implement strategies using quantitative techniques.
Real Estate / Identify real estate locations, negotiate lease agreements, and evaluate properties.
Risk Management / Protect company from adverse financial impact; use loss control methods, safety techniques, and self-insurance.
Stock Broker / Buy and sell shares of company's stocks for clients.
Treasury / Provide financial planning and cash management, raise funds, cash and acquire/dispose assets.
Business/Industry Job Titles
Associate Auditor / Credit Manager
Bank Manager / Financial Manager
Cash Manager / Investment Banker
Certified Financial Manager (CFM) / Investment Relations Officer
Certified Financial Planner (CFP) / Market Researcher
Certified Managerial Accountant (CMA) / Mortgage Analyst
Chartered Financial Analyst (CFA) / Real Estate Officer
Consultant - Mergers and Acquisitions / Site Acquisition Officer
Controller / Stock Broker
Periodicals of Interest
(Several of these resources may be found at the RMU Library.)
A History of Corporate Finance / Economics for Business
Accounting and Finance for Non-Specialists / Financial Executive
America's New Economic Order / Financial Markets and Institutions
American Banker / Financial World
American Finance for the 21st Century / Forbes Magazine
Barrons / Fortune Magazine
Business Economics: Concepts and Cases / National Institute Economic Review
Business Week / The Economic Development and Cultural Change
Economic Outlook USA / The Economic Journal
Economic Perspectives / The Economics of Financial Markets
Economic Policy Review / The Economics of Seasonal Cycles
Economic Times / The Economist
Economic Week / The Financial Analysts Journal
Economics and the Environment / The Wall Street Journal
Associations/Societies
American Bankers Association * / www.aba.com
American Economic Association * / www.vanderbilt.edu/AEA
American Institute for Economic Research / www.aier.org
Association for Financial Professionals ** / www.afponline.org
Association for Investment Management and Research / http://www.cfainstitute.org/infocentral
Certified Financial Planner Board of Standards, Inc. / www.cfp.net
Council of American Survey Research Organizations / www.casro.org
Financial Accounting Standards Board / www.fasb.org
Financial Executives Institute (FEI) * / www.fei.org
Financial Management Association International / www.fma.org
Financial Managers Society * / www.fmsinc.org
Financial Women International * / www.fwi.org
National Association for Business Economics (NABE) ** / www.nabe.com
National Association of Credit Management * / www.nacm.org
Pennsylvania Economic Development Association (PEDA) * / www.peda.org
* Contains employment listings
** Contains employment listings for members
Career & Employment Websites
Career Site for Banking and Financial Industry Professionals / www.bankjobs.com
CFO.com / www.cfo.com
Credit Jobs / www.creditjobs.com
Jobs in the Money / www.jobsinthemoney.com
Occupational Outlook Handbook (OOH)- Budget Analysts / http://stats.bls.gov/oco/ocos003.htm
OOH- Economists / http://stats.bls.gov/oco/ocos055.htm
OOH- Insurance Underwriters / http://stats.bls.gov/oco/ocos026.htm
OOH- Loan Counselors and Officers / http://stats.bls.gov/oco/ocos018.htm
OOH- Securities, Commodities & Financial Services Sales Agents / http://stats.bls.gov/oco/ocos122.htm
Top USA Jobs / http://finance.jobs.topusajobs.com
Note: A helpful list of general job search websites is available online through the Career Center website at www.rmu.edu/careercenter.
Selected RMU Academic, Professional & Leadership Organizations
Actuarial Science Club / First Year Student Mentors
American Institute of Graphic Arts / Health Services Management Association
American Marketing Association / Hospitality & Tourism Management Association
APICS (The Association for Operations Management) / Resident Assistants
Association for Information Technology Professionals / Society for Human Resource Management
Association of Computing Machinery / Society for the Advancement of Management
Association of Future Accountants / Sport Management Association
College Bowl / Student Government Association
Financial Management Association / Student Program Board
Salary Information
2005 national mean bachelor-level entry-level salaries:
By type of employer / By job function
Accounting Services / $44,263 / Accounting (Private) / $41,242
Aerospace / $41,256 / Accounting (Public) / $43,338
Banking (Commercial) / $38,324 / Auditing (Public) / $42,288
Banking (Investment) / $51,686 / Commercial Banking (Lending) / $34,628
Computer & Electronic Products Mfg. / $45,430 / Consulting / $47,675
Consulting Services / $47,182 / Financial/Treasury Analysis / $45,432
Financial Services / $42,092 / Insurance (Underwriting) / $39,715
Government (Federal) / $38,601 / Investment Banking (Corporate Finance) / $49,461
Insurance / $39,568 / Management Trainee / $36,427
Real Estate / $37,700 / Portfolio Management/Brokerage / $43,000
Retail/Wholesale Trade / $40,316 / Sales / $36,888
Bachelor-Level Internship Employers
Acacia Financial / Commonwealth of PA / LandAmerica One Stop / S & P Mortgage Services
Advance Auto Parts / Dollar Bank / Legend Financial Advisors / Sky Bank
Alcoa / Eber & Associates, Inc. / Mellon Bank / Thrivent Financial for Lutherans
Allegheny County Credit Union / Express Financial / Northwestern Mutual / UPS
American Express Financial / First Franklin Financial / PGT Trucking / VeraVest Investments
Atlas Brokerage / First Investors Corporation / PNC Bank / Wal-Mart
Bayer Corporation / Heritage Valley Health System / Prudential Financial / Weld Tooling
Citizen’s Investment Services / Jackson Hewitt / RMU Enrollment / Wit to Be Fit
Bachelor-Level Hiring Organizations
Allegheny County Federal Credit Union- Management Trainee / LSI- Purchasing Agent
American National Insurance- Financial Advisor / Luttner Financial Services- Financial Analyst
American Textile- Marketing Manager / MassMutual Financial Group- Financial Advisor
Ayco Company- Financial Analyst / Mellon Financial Corporation- Bankruptcy Division
Bank of America- Mortgage Broker / PNC Bank- Loan Consultant
Bank One- Relationships Banker / Progressive Insurance- Claims Adjuster
Bayer Corporation- Auditor / Timco- Bond Salesman
Duncan Financial Group- Planned Services Associate / Todd Organization of Pittsburgh- Stock Plan Administrator
Enterprise Rent-A-Car- Management Trainee / UPMC Health System- Asset Accountant
Federated Investors- Supervisor / Wachovia Securities- Registered Account Administrator
Fidelity Bank- Customer Service Representative / Wells Fargo Financial Acceptance- Management Trainee
Highmark Life & Casualty Group- Financial Analyst / XL Group- Mortgage Broker
Revised: August 3, 2005