Climb The Salary Ladder

Career #1: Marketing Research Analyst
Starting Salary: $38,431*
Potential Salary: $88,761**

Marketing research analysts help companies figure out how people think and use their knowledge to boost sales. If you have an inquiring mind, this just might be the job for you.

How To Climb The Salary Ladder


1. Start by earning a bachelor's degree. Business, marketing, and consumer behavior programs can give you the knowledge necessary to take those first crucial steps up the ladder, according the U.S. Bureau of Labor Statistics (BLS).

2. Gain experience assisting marketing supervisors and show how great you are at collaborating with others. This will help lead you to independent research projects, where the increased job responsibilities could bring increased salary potential.

3. Once you've established yourself as an experienced marketing research analyst, additional degree work, such as a master's degree, or certification from the Marketing Research Association, can help you advance to even higher paying jobs in the field. Supervisory and teaching positions are among the most well-paid analyst positions to set your sights on.

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Career #3: Financial Analyst
Starting Salary: $35,474
Potential Salary: $100,293

Businesses and individuals rely on financial analysts to guide them along the path of sound investment decisions. If you're looking to enter a field that offers increased financial rewards throughout your career, this is the job for you.

How To Climb The Salary Ladder


1. Get your foot in the door with an entry-level position by earning a bachelor's degree. Applicable areas of study include accounting/finance, business, statistics, and economics.

2. To climb up the career ladder, look into certifications. A Chartered Financial Analyst (CFA) designation, sponsored by the CFA Institute, helps analysts who want to specialize in certain areas, such as risk management.

3. If you want to reach the upper salary levels of this position, you will need to get promoted into a position where you're responsible for larger or more important products. Consider supervising teams of analysts or becoming a portfolio/fund manager.

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Career #5: Computer Systems Analyst
Starting Salary: $42,079
Potential Salary: $125,759

Businesses utilize analysts to direct and troubleshoot their computer and information technology (IT) systems. They also might either design new computer systems or develop ways to improve and expand existing systems.

How To Climb The Salary Ladder

1. Employers generally prefer candidates with a bachelor's degree in a technical field like computer science, information science, applied mathematics, or engineering.

2. Once you've broken into the field, show you can keep up with computer technology - and position yourself for promotions - by taking additional training courses provided by your employer, outside vendors, and schools.

3. As a lead analyst, your experience and leadership skills can put you in line for a promotion to information systems manager or an executive position, such as chief information officer. Six-figure salaries are not uncommon at this point in your career.


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1 comment:

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