High-paying jobs in economics
Chartered Financial Analyst
Chartered financial analyst is a professional title generally recognized by the securities investment and management circles in the world today. In developed countries and regions such as Europe and America, obtaining CFA qualification is almost a necessary condition for entering the investment field. Since 1963, the first exam in the United States, only 35,500 people in the world have passed the exam so far. At present, only 50 people in Chinese mainland have CFA qualifications. Take Shanghai as an example. In the next three years, the demand for CFA will be 3,000, while at present, there are only 30.
CFA will cost a lot of money, and the registration fee will range from 400 to 900 dollars. Together with the original teaching materials and training fees, the average cost is 20,000 to 30,000 yuan. But the return is also extremely high. People who have obtained CFA qualifications are generally superior to their peers in income and remuneration. In Hongkong, China, CFA's average annual income reaches $6,543,800+360,000. In Chinese mainland, it is even harder for many securities companies to get a ticket and analysts to find it, which is a great motivation for more and more young people in China to obtain CFA certificates and create a "golden life".
Chartered wealth manager
CWM certificate is issued by American Institute of Financial Management (AAFM). Founded in 1995, it specializes in training and certification in investment planning, asset management, financial management and financial planning. AAFM is the most popular certification body for financial practitioners in the United States, and currently has more than 50,000 members in 75 countries and regions around the world.
On February 1 1, 2004, the Chartered Wealth Manager (CWM) under the American Institute of Financial Management (AAFM) officially entered Chinese mainland. CWM is one of the three internationally recognized financial planning qualifications. CWM certificate is quite authoritative in the banking industry. According to a survey, CWM certificate holders account for the highest proportion of Bank of America employees.
You must have a good economic foundation and be proficient in at least two investment fields to become CWM, which shows its high threshold.
Fund manager:
With the emergence of more fund projects and fund management companies, society will need a large number of fund managers, and fund managers are high-level talents in this industry. Their duties can be roughly divided into: responsible for raising a certain fund; Responsible for the operation and management of the fund; Responsible for the listing of funds and monitoring after listing.
The development of fund industry puts forward higher and higher requirements for professional managers. It not only has special requirements for comprehensive quality and professional background, but also needs years of industry experience, multidisciplinary knowledge and corresponding analytical ability. On the basis of compound requirements, professional managers are also required to have a high level of internationalization and be able to combine internationalization concepts and laws with local realities to adapt to the local market and international integration.
At present, there is a shortage of talents in this field and the career prospects are promising. The fund industry has the greatest demand for professional managers. It is not easy to be a qualified fund manager. Generally, you need a master's degree or above, have a professional knowledge background in risk control, have strong analytical judgment ability in multiple disciplines and industries, have a keen sense of market smell and rich practical experience.
Actuary:
China's Insurance Law stipulates that insurance companies must employ actuaries recognized by financial supervision departments and establish an actuarial reporting system. At present, there are only about 50 actuaries in China, more than 90% of whom are engaged in insurance. With the prosperity of the insurance industry and the further expansion of consulting companies, intermediary companies, finance, social security and other fields, actuaries will be needed in many aspects of social life, and actuaries will become one of the most scarce cutting-edge talents in China.
Experts predict that there is an urgent need for 5,000 actuaries in China in the next decade, but only 100 people meet the requirements of actuaries recognized by the China Insurance Regulatory Commission. On the other hand, there are more insurance companies, and actuaries are far from meeting the needs of enterprises.
The training of actuaries generally takes a long time, usually 7-8 years, or at least 3 years, and it needs to pass more than 10 courses. A competent actuary needs not only a solid mathematical foundation, but also professional knowledge such as economics, statistics, finance, finance, management, law, computer, medicine and so on. A difficult examination threshold is indispensable.
Securities broker:
In recent years, the number of investors in China has surged. This huge investment group provides a huge market for the rise of securities brokers. At present, China's securities brokers are divided into securities salesmen, commission brokers, intermediary brokers and exchange intermediary brokers.
The securities brokerage industry is a highly professional and technical industry. At present, the quality requirements for securities brokers are mainly concentrated in two aspects: first, solid knowledge of financial funds; Second, based on the investment experience of long-term observation of the market; Because securities investment is a high-risk and high-return investment, as a securities broker, we must study the price change trend of the regime market, grasp the regularity, and combine the analysis of various factors affecting securities prices to gradually accumulate considerable investment experience and skilled business operation ability. In addition, securities brokers must also be proficient in the relevant national laws, regulations and decrees, and seriously study China's policies and regulations on securities trading management.
Stock analyst:
Stock analysts mainly provide stock market investment consulting services for stock market investors and hold relevant lectures, reports and analysis meetings. Some stock analysts publish stock review articles in newspapers and provide stock market investment services through public media such as radio and TV stations. According to the relevant regulations of the CSRC, the activities of stock analysts are restricted to some extent. They can't engage in stock trading in their own name or under the guise of acting as investors, nor can they promise investors the benefits of stock market investment.
Practice has proved that under the guidance of stock analysts, investors can establish a brand-new awareness of investment risks and make clear the direction of market investment. Stock analysts often understand and analyze stock trends through various channels, which can help investors choose the best time to invest in stocks.
At the same time, with the vigorous development of stock and fund markets and the opening of banking business, the salary of financial talents increased significantly last year. In 2006, the annual salary of an assistant stock analyst with only three or five years' experience in Shanghai can reach 360,000 to 550,000 yuan, and it is expected that there will be room for growth of 5%- 10% this year.
To engage in stock analysis in China, you must have a bachelor's degree or above and have been engaged in securities business for more than two years. You should take two courses: Basic Theory of Securities Investment and Analysis of Securities Investment. Those who pass the examination and meet the requirements need to apply to the local securities management department or directly to the China Securities Regulatory Commission, and the qualification certificate can only be obtained after examination and approval. Those who have obtained the qualification certificate shall apply to the securities management department through their securities investment consulting institutions to obtain the qualification. Finally, the practicing certificate is issued by the China Securities Association, and stock analysts have to pass the annual inspection every year. Those who fail the annual inspection are disqualified.