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Financial Consultants

Outlook

Job opportunities in the management consulting industry (a major employer of financial consultants) are expected to grow by 11 percent from 2023 through 2033, according to the U.S. Department of Labor (DOL), or much faster than the average for all careers. Employment of financial analysts in the management consulting field is projected to grow 13.3 percent through the same period. The DOL says that financial analysts "will be needed to assess growing volumes of data. Their analysis will help businesses manage their finances, identify investment trends, reduce risk, and deliver new products or services to clients."

Competition for consulting jobs will be strong because the field offers high pay, good benefits, flexible hours, and an intellectually challenging work environment. Those with a graduate degree in management consulting or a financial-related field plus experience and industry expertise will have the best job prospects.

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