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Finance Occupational Pathway

The financial and insurance services industry is a changing an expanding sector of the U.S. economy. Bank branch operations offer a wide range of services from internet banking, 24-hour call centers, and consolidation. This Youth Apprenticeship occupational area focuses on three pathways within the Finance industry:

Business Financial Management
Banking and Related Services
Insurance

Individuals who are attracted to this sector have strong communication skills, technical skills, fluency in computers, and interest in math and accounting.

Financial Pathways

Students can choose between three different occupational areas with options to specific pathways.

Business Financial Management Pathway

In this pathway, students will learn basic accounting services such as: maintaining accounts, storing financial records, processing checks and journal entries, and balancing accounts after recording transactions. There is one area to choose from:

Accounting

Banking and Related Services Pathway

In this pathway, students will learn basic banking services such as: using a computer to process and file transactions, following cash management procedures, processing personal cash and personal check deposits, and responding to customer account inquires. There is one area to choose from:

Banking

Insurance Pathway

In this pathway, students will learn about maintaining, processing, and identifying insurance services with clients. There is one area to choose from:

Insurance

Occupations

Business Financial Management Pathway:

Accountant
Auditor
Bookkeeper
Capital Budgeting Specialist
Capital Expenditure Manager
Cash Manager
Chief Revenue Agent
Collector
Controller
Cost Analyst
Credit Analyst

Economist
Financial Analyst
Financial Planner
Foreign Exchange Manager
Management Accountant
Project Analyst
Revenue Agent
Tax Accountant
Tax Examiner
Tax Preparer
Treasurer

Banking and Related Services Pathway:

Abstractor
Accountant
Acquisitions Specialist
Bill and Account Collector
Branch Manager
Compliance Officer
Credit Analyst
Credit Report Provider
Customer Service Representative
Data Processor
Debt Counselor
Financial Manager

Financial Planner
Internal Auditor
Loan Officer
Loan Processor
Mortgage Broker
Network Services Technician
Operations Manager
Relationship Manager
Repossession Agent
Teller
Title Researcher and Examiner
Trust Officer

Insurance Pathway:

Actuary
Benefits Consultant
Branch Manager
Claim Adjuster
Claims Agent
Claims Clerk
Compliance Specialist
Customer Service Agent
Direct Marketing Representative
Examiner
Financial Planner

Insurance Agent
Insurance Appraiser
Insurance Broker
Investigator
Loss Control Manager
Processing Clerk
Producer
Product Manager
Sales Agent
Special Investigator
Underwriter

Average Wages

Below are some examples of careers in each pathway and their mean wages. Visit the Occupational Employer Statistics page to find average wages for a specific occupation not listed.

Accountants and Auditors: Average $68,410
Bill and Accounts Collectors: Average $38,400
Claim Adjusters; Examiners; and Investigators: Average $63,420
Cost Estimators: Average $57,990
Credit Analysts: Average $70,550
Customer Service Representative: Average $37,850

Getting Started

Get started by talking to a school counselor, Youth Apprenticeship Local Coordinator, or Regional Coordinator about how to apply and obtain career materials (plans of study). Contact DWD Youth Apprenticeship Staff for general or statewide program information.

Finance Occupational Pathway