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Nickname: Alyssa
Hometown: Madisonville, LA
Degree Major: Finance
Classification: Senior
Nickname: Alyssa
Hometown: Madisonville, L
Degree Major: Finance
Classification: Senior
6. What is the range of incomes for these jobs? Entry level? Experienced?
The range of income for being an appraiser for a residential area can be wide depending
on location, size of business, and many other factors from $30,000 to $70,000. The
median income is about $50,000 and for someone experienced it is about $69,000.
The range of income for a financial advisor is anywhere between around $44,000 to
$110,000 or even higher. The entry-level income ranges from $35,000 to $55,000. The
experienced can make anywhere from the median to highest paid financial advisors
which is about $67,500 to around $100,000 or even higher.
7. What is the employment outlook for these jobs? Current unemployment rate?
The employment outlook for an appraiser of real estate is projected to grow 6 percent
from 2012 to 2022, much slower than average for all occupations. The current
unemployment rate for an appraiser is .06 percent.
The employment outlook for a financial advisor is projected to grow 27 percent from
2012 to 2022, must faster than average for all occupations. The current unemployment
rate for a financial advisor is 2 percent because the demand for advisory services is
expected to rise by the huge increase in baby boomers.
8. What are the educational requirements?
The educational requirements to be an appraiser is a Bachelors degree for entry-level
education, you dont have to have work experience in a related occupation, and you
receive long-term on-the-job training.
The educational requirements to be a financial advisor is
9. Any certifications, designations, or advanced degrees do you need? What are the
requirements to achieve these and the cost?
The requirements to become an appraiser are complex because they vary by state and
type of property. Most appraiser of residential real property must have at least an
associates degree to obtain entry-level state license category. To be an appraiser of a
more complex area you must have at least a bachelors degree to obtain licensure.
Beginning January 2013, all certified appraiser would be required to have a bachelors
degree prior to obtaining license. Two federally required certifications are to become a
Certified Residential Real Property Appraiser and a Certified General Real Property
Appraiser. Some states offer an additional certification, which is the Licensed Residential
Real Property Appraiser. When January 2015 comes many will have to pay the money to
go back to college for four years to obtain their Bachelors degree to be able to practice.
Job Search:
1. What do you want to do after graduation?
After graduation, my goal is to pursue a career in Finance and get started putting my life
together for the future. As well as, getting established in every day life without being an
LSU student.
2. What are your 5 year and 10 year career plans?
My 5-year career plan is to start somewhere in the Finance arena and work from there.
By doing this I am hoping to find what I love to do in Finance by exploring all the
occupational opportunities Finance has to offer. So by my 10-year career plan I am doing
exactly what I love to do for the rest of my career until I retire.
3. Who are the primary employers for your desired career?
The primary employers for my desired career are D.R. Horton, Inc., JP Morgan Chase
bank, and Entergy. But I am keeping myself open to a variety of opportunities that may
come way before I graduate.
4. Pick two (2) potential employers in the field you desire to obtain employment. Write up
a brief overview of the company. Please explain why you thing that would be a good
company for you to begin you career. Use your answer to this question to evaluate the
questions below.
D.R. Horton, Inc. is Americas largest new homebuilder stated by Builder magazine.
D.R. Horton has been around for 35 years with the sole intention to deliver top quality
homes to every new buyer on the market. I think D.R. Horton would be a great company
for me to build my career because they are well established, have a very good brand, and
people believe they will create value every step of the way.
Entergy is an energy company primarily in electric power production and retail
distribution operations. It is one of the nations leading nuclear generators, so it is well
established. I think Entergy would be a great company for me to build my career because
they have a great finance background and they are well known.
5. What is the cost of living where you are now? What is the cost of living in the area you
would like to live in the future?
The overall cost of living in Baton Rouge, Louisiana is approximately 7% lower than the
national average, with homes averaging at about $150,000. Since Baton Rouge is a
college town, apartment monthly rates will vary and tend to be higher closer to campus.
A one-bedroom can range $600 to $900 per month. The average salary is between
$35,000 to $40,000.
The overall cost of living in Mandeville, Louisiana is a median home cost of $237,200
with home appreciation the last year being 2.40 percent. Compared to the rest of the
country, Mandevilles cost of living is 11.10% higher than the U.S. average. The
unemployment rate in Mandeville is 3.70% and recent job growth is positive with an
increase in jobs of 2.03%.
6. How much with you spend on housing in the desired area you would like to live?
I would have to take into account on how much my salary would be in my occupation in
order to see what I would spend on housing in the desired area I would like to live after I
graduate. I would want a house or apartment that wasnt too expensive to live in for a
while so I would be able to save my money.