Thinking of changing careers? Whether you're just beginning your education or returning to college, there are fast-growing professions that show no signs of slowing down through the end of the decade -- and they pay.
Let's look over some fast-track career groups that offer strong salaries with room to grow:
Commercial Loan Officers. Commercial loan officers work for banks, credit unions, and other lenders to help them analyze loan applicants for their consumer credit history and financial status. You'll need strong financial skills and a degree in business, economics, sales, or banking. Many online finance or management programs can get you up to speed in a hurry.
According to Salary.com, the national average of entry level earnings for commercial loan officers ranges from $55,475 to $71,382 with $3,000-$7,000 in bonuses. After six to eight years of experience, commercial loan officers can earn between $95,015 and $116,670, to a top salary of $128,034.
Financial Analyst. Financial analysts develop critical revenue projections and investment analyses for individuals or companies. There are online MBA or undergraduate business degree programs offering courses in statistics, accounting, economics, and business law that can prepare you for this fast-growing field.
The national annual salary range for entry level analysts is between $40,632 and $51,982, but with seven years experience, you'll leap into the $90,690 to $99,972 range.
Senior Database Administrator. A senior database administrator can design, maintain, and crunch a company's database to dramatically affect the operational bottom line. An online computer science degree or computer programming degree can provide fundamental skills necessary to thrive in this IT career. You'll need at least a bachelor-level IT degree to play on this rewarding field.
The U.S. Department of Labor (DOL) reports that senior database administrator jobs will grow faster than the average rate for all career groups through 2014. And you'll look forward to your paycheck. Top salaries range from $90,690 to $113,849, with a top tier around $125,379.
Network Security Administrators. Like their database cousins, network security administrators are among the fastest-growing career groups in the nation. In this role, you'll be the architect and security watchdog for an organization's voice systems, LAN/WAN, and telecommunications networks.
You'll need at least an IT bachelor's degree to compete, and you can better your prospects through online IT network certification and graduate degree programs. But it's worth it. Top annual salaries range from $61,117 to $100,685, with a high end around $123,585.
Registered Nurses. There's no shortage of nursing jobs. According to the U.S. DOL, nurses make up the second-largest career group in the country. There are registered nurses and registered nurses with bachelor's degrees. The difference in earnings and the ceiling on your career can depend on your willingness to enroll in an online RN to BSN degree program.
Consider the evidence: entry level wages for an RN floor nurse range $53,398 to $68,263. Nurses who want to move into supervisory positions better their chances for advancement with a BSN degree. For example, head nurses average between $74,965 to $97,276, and head operating room nurses average from $80,084 to $112,090.
Web Interface Design Directors. Among all the graphics design professions, the U.S. DOL predicts that Web designers with animation experience will have the best job prospects through the decade. And, among these, Web interface design directors are the best earners. You can enroll in online graphics design degree programs and software courses to bone up on the latest graphical user interfaces (GUIs), usability trends, and code management techniques.
In return, look for the national earnings average of $47,551 to $66,277 for entry level designers to ramp up to a muscular $121,310 to $141,662 range -- with top salaries at $148,374 -- for senior interface design directors.
Restaurant General Managers. Restaurant general managers work for major restaurant chains, private bistros, hotels, resorts, and casinos. The Department of Labor predicts best opportunities will be for salaried managers than self-employed restaurateurs. You'll prosper from completing online hotel and restaurant management programs.
National average wages for restaurant GMs range from $53,255 to $60,765, with an average at $70,546 for managers of fine restaurants.
Paralegals.Paralegals provide critical support to attorneys, law offices, corporate legal departments, courts, and government agencies. The Department of Labor predicts brisk growth in the field, especially for graduates of paralegal courses offered through online paralegal degree programs.
The national salary range for entry level paralegals is from $36,641 to $49,754, however, paralegals with eight years experience may earn upwards of $86,666.
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Gabby Hyman has created online strategies and written content for Fortune 500 companies including eToys, GoTo.com, Siebel Systems, Microsoft Encarta, Avaya, and Nissan UK.
Gabby Hyman has created online strategies and written content for Fortune 500 companies including eToys, GoTo.com, Siebel Systems, Microsoft Encarta, Avaya, and Nissan UK.
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