Published on: 11 October 2021
Last Updated on: 13 January 2025
Is Investment Managers A Good Career Path in 2021? How many jobs are available for investment managers? What are the best paying jobs for investment managers?
Let’s proceed to discuss the above-listed queries in detail. Actually, investment managers give advice to companies and people on what to do with their money. The best part about this career path is that the field is varied, and you have all options available in your hand.
In finance, investment managers are paid high from the beginning. Moreover, those who are talented and qualified can get more opportunities in the long run. In the United States and also other popular countries, the investment manager is like a room full of rewards.
What Is Investment Management?
Investment management is a field that specializes in providing investment advice to clients. Investment managers work with clients to meet their investment goals, and they develop a strategy to help them meet those goals.
However, the requirements differ from person to person. They require an investment manager to take a unique approach to help them meet those goals and capabilities.
Most investment management positions only require a Bachelor’s degree to apply, and this is regarded as one of the best opportunities for millennials who are looking for rewarding career options.
Is Investment Managers A Good Career Path In 2021?
The answer to this question is an absolute Yes. This is the best career path that you can consider in 2021. You get lots of career options and financial benefits after becoming an investment manager.
To reduce your time and effort, we have listed several reasons why investment management is a rewarding career option. Let’s discuss the same in detail.
1. Investment Management Is Satisfying
Investment managers solve all kinds of investment issues of clients. With each discovery, there is satisfaction and peace. I agree that you may not be right every time with every client. But at least you would gain some experience and be an expert in that particular field.
2. You Can Be Creative And Innovative As An Investment Manager
Yes, it is true that you can become innovative and creative as an investment manager. Investment management offers you diverse fields to become more creative and innovative. Besides, as compared to similar investment-based career opportunities, working as an investment manager often requires less time.
3. The Hiring Outlook Is Bright
There is no doubt that most industry analysts expect powerful employment growth in the investment management area. Moreover, employment in the investment field is expected to rise rapidly in the coming years.
4. Investment Management Is Fascinating
Investment management is so fascinating as it gives companies and people advice on what to do with their money. It can happen that one day you are helping a company to build an app, or another day you are helping a fashion designer.
5. You Have Several Options
Yes, as an investment manager, you have diverse options available in your hand. You can become a hedge fund manager, private equity associate, rating analyst, risk analyst, stockbroker, investment analyst, and much more.
6. Serving Your Community
If you have an interest in serving your community, then investment managers can be a great career option. In addition, you can improve the quality of life in your local community by helping them as much as you can.
7. Career Stability
Investment management is an industry that provides strong growth projections. There are many individuals who need investment advice, and by helping them, you are making your career stable in this domain.
How Many Jobs Are Available For Investment Managers?
There is no doubt that there is a wide range of jobs available for investment managers. There are more than five lakhs of jobs available in the investment management field, and you can pursue your career in the same.
Now, let’s discuss some of the best paying jobs in investment managers that can interest you.
1. Hedge Fund Manager
The hedge fund manager is one of the best fields that you can choose in 2021. They perform duties similar to investment bankers and must monitor the market to protect investors. This investing is rarely a career with typically full-time hours.
2. Financial Analyst
Financial Analysts is also one of the great career paths in investment management. They help business stakeholders make informed business decisions about company finances.
3. Insurance Advisor
These advisors help clients to find the most suitable insurance in order to meet both short and long-term insurance needs. They guide in making a perfect purchase decision.
Financial advisors are actually professionals who help clients meet both short and long-term financial goals and lead them to services that make sense. They are the primary point of contact for customers.
5. Investment Banker
If you have an interest in investment banking, then you can choose your career as an investment banker. Here, you need to manage the portfolios of government agencies and businesses that invest in a number of firms.
The Final Thoughts
I hope you have got an answer to your question “Is Investment Managers A Good Career Path In 2021?” and I have tried my best to explain the same to you in detail. The best-paying jobs in investment management can encourage you to consider your career path in this sector.
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Phlebotomists, also known as phlebotomy technicians, use venous or skin punctures to draw blood. These specialists are essential to the healthcare industry, especially when it comes to the diagnosis and treatment of illnesses. Phlebotomy services can be used by patients to receive transfusions, donate blood or plasma, or test for medical conditions.
In addition, phlebotomy technicians have strict guidelines to follow when labeling biological samples, handling needles and other tools, and entering patient data into databases. These workers must execute their duties carefully and safely since they deal with biological samples.
Engaging with patients and making a difference in their care is a rewarding experience for many phlebotomists. Phlebotomists who are kind can ease patients' anxieties about having their blood drawn, as many patients find the procedure uncomfortable. These technicians can also discuss the significance of blood collection
Phlebotomist employment prospects appear to be favorable. According to BLS projections, employment in this field will increase by 22% between 2020 and 2030, while jobs in healthcare will grow by 16% and all occupations by 8% during the same period. Here is everything you need to know about how to become a phlebotomist.
How to Become a Phlebotomist?
Becoming a phlebotomist does require specialized training. Fast-paced work environments and frequent client interaction necessitate that professionals in the field possess the following qualities:
Although phlebotomists are frequently employed in laboratory environments, some have more flexibility in their work environment when they work for ambulatory services. They might still have to put in overtime or on the weekends, for example, if they work in a lab.
Learn more about how to become a phlebotomist in this article, along with the procedures for obtaining national certification and education.
Requirements on How to Become a Phlebotomist
Before getting into the details of how to become a phlebotomist let us clear up the basics. Candidates must earn a GED or complete their high school education. It could be beneficial to take science and anatomy classes in high school. After that, people can enroll in phlebotomy programs, which typically leads to certification after 4–8 months of training. Community colleges, technical schools, and trade schools all offer these kinds of programs.
To practice, phlebotomy graduates in California, Louisiana, Nevada, and Washington must obtain certification. To improve their chances of finding work, professionals in other states should still think about obtaining a postsecondary credential. Phlebotomists have access to a range of certifications, such as:
Certified Phlebotomy Technician I: Trains medical personnel to take blood samples via venous and skin punctures.
Certified Phlebotomy Technician II: Trains medical personnel to perform venous, arterial, and skin punctures to collect blood.
Limited Phlebotomy Technician: Someone who trains medical professionals to take blood via skin punctures.
Certification and Licensure
Acquiring certification to become a phlebotomist requires a written and practical exam. The test will include about 300 questions. The clinical component will include a demonstration of sample labeling, skin, and venous blood draws, and sanitization procedures. Phlebotomists can then acquire the certification from different organizations, such as:
American Society for Clinical Pathology
National Center for Competency Testing
American Certification Agency for Healthcare Professionals
American Medical Technologists
National Healthcareer Association
National Phlebotomy Association
American Society of Phlebotomy Technicians
To stay up to date in their field, phlebotomists—especially those who need to renew their certification—must complete continuing education. The requirements for ongoing phlebotomist training vary by state, but most professionals must earn roughly six credits of continuing education annually. To fulfill these requirements, phlebotomists might be able to enroll in classes at community colleges or vocational schools or attend conferences.
Training to Become a Phlebotomist
Learning how to become a phlebotomist involves taking crucial courses and earning certification. Both laboratory experience and classroom instruction are prerequisites for certification programs. Topics including anatomy, physiology, and medical terminology, are typically covered in courses. Students may need to take prerequisite coursework if they are unable to demonstrate algebraic or mathematical proficiency at the high school level.
While it's uncommon, some people with a high school or GED opt for on-the-job training rather than phlebotomy school. Phlebotomists are required by state regulations to follow certain guidelines regarding certification and ongoing education, regardless of their educational background.
What Does a Phlebotomist Do?
Before you want to know about how to become a phlebotomist, here is what you should know about what a phlebotomist does. A phlebotomist, another name for a phlebotomy technician, is a medical professional qualified to take blood samples from people. They might also help with blood drives and transfusions, depending on where they work. Apart from extracting blood from patients, they also process blood samples for analysis, gather patient data, and assist patients who might feel uneasy with needles.
The main responsibility of a phlebotomist is to take blood samples from patients as directed by a physician or other healthcare provider. On the other hand, your practice might also involve labeling vials, checking vital signs, chatting with patients about the blood draw procedure, and maintaining a sterile and clean work area. During your shift, you might also be required to carry out the following tasks, depending on where you work:
Gather data and make updates to patient medical records.
Fill out the paperwork and mark the vials.
Make patients more at ease while having their blood drawn.
Place a supply order
Arrange the necessary vials, needles, and other supplies in the work area.
Joining a professional organization can benefit your career in the long run, even though most charge a membership fee. These organizations give you a route to certification, facilitate networking, and assist you in keeping up with new methods or regulations.
National Phlebotomy Association
The National Phlebotomy Association (NPA) provides workshops, training courses, and professional certifications, such as a credential for phlebotomy instructors, to facilitate continuing education. For full- and part-time jobs in phlebotomy and other allied health fields, the organization maintains a job board.
American Society of Phlebotomy Technicians, Inc.
The American Society of Phlebotomy Technicians, Inc. (ASPT) certifies both graduates of recognized programs and employed phlebotomy technicians. Members of NHA, ASCP, and AMT are eligible to receive benefits from the organization. Members have access to nonprofit events, cross-training workshops, and opportunities for ongoing education.
Additionally, ASPT offers an EKG fundamentals program and a phlebotomy refresher course. There is a $65 exam fee and a $35 membership fee for phlebotomy technicians.
National Healthcare Association (NHA)
NHA offers phlebotomy technicians immersive learning opportunities in addition to professional certification. Practice drills, interactive games, and quizzes are among the available resources intended for educators and students.
For allied health professionals, NHA offers a job board, resume review services, and career planning guidance.
By showcasing and improving your skills, obtaining a professional certification can increase your marketability even if your state or employer does not require it. Examine the prerequisites for the following three popular certifications.
Technician in Phlebotomy (PBT)
There are various ways to become certified in PBT offered by the American Society for Clinical Pathology (ASCP). Candidates must possess one year of full-time clinical experience or have finished an authorized phlebotomy program within the previous five years. Programs must fulfill minimum instruction requirements, be approved by the California Department of Public Health, or accredited by NAACLS.
In addition to paying a $145 application fee, candidates must pass an 80-question exam.
Certified Technician in Phlebotomy (CPT)
Candidates must successfully finish a phlebotomy training program or one to two years of supervised phlebotomy technician experience to be eligible for the National Healthcareer Association's CPT distinction. Blood collection, patient preparation, and safety and compliance are all covered in the two-hour certification exam. The exam is $125, and you can buy a study guide or practice test to get ready.
Every two years, CPTs need to renew their certification by paying $179 and completing continuing education requirements.
Colleges That Offer Phlebotomy as a Course
Since phlebotomy students must acquire practical skills in blood withdrawal and collection, phlebotomy programs are typically offered on campus at educational institutions. The programs that prospective phlebotomists can find in the United States are listed below. However, keep in mind that this is just a small selection of all the programs that are offered all over the country. When you want to know how to become a phlebotomist, the college you must go to is an equally important aspect to consider.
Abrams College
The didactic component of Abrams College's phlebotomy program is offered over two weeks, on Saturdays and Sundays from 9:00 AM to 5:00 PM and on Tuesdays and Thursdays from 6:00 PM to 10:00 PM in Modesto, California. This equates to 48 hours of classroom instruction. To proceed to the externship experience, students must pass all tests and complete all skill station requirements.
The 40-hour externship takes place in a hospital or clinical laboratory. Students who complete the program receive a certificate and should be qualified to apply for both state and national licensure.
Cuyahoga Community College
Cleveland, Ohio's Cuyahoga Community College provides a short-term certificate program in laboratory phlebotomy. Students are trained in blood collection, specific blood collection techniques, medical terminology, ethics, and other related areas through a skills-based didactic curriculum. Students also need to finish an eight-week clinical externship at a hospital or clinic.
Graduates of this NAACLS-accredited program have completed it with a 100% job placement rate and a cumulative 95% pass rate on certification exams over the last three years. Furthermore, transfer programs are offered to students who wish to graduate with a bachelor's degree from an institution in partnership.
Iowa Western Community College
The phlebotomy program at Iowa Western Community College in Council Bluffs consists of 120 hours of clinical experience and 80 hours of classroom instruction. The students receive their clinical placement assignments during the sixth week of the program. After finishing, they ought to be qualified to take the American Society for Clinical Pathology national certification exam. Students must adhere to a rigorous professional dress code and present documentation of their vaccinations upon admission to the program.
Santa Fe College
Students can finish the two-semester phlebotomy certificate program at Santa Fe College in Gainesville, Florida. In the first semester, students attend 60 hours of classroom instruction, and in the second semester, they complete 105 hours of clinical phlebotomy rotations.
Students must pass a background investigation and have all necessary vaccinations to be admitted. This course also includes instruction on bloodborne pathogens, HIPAA compliance, and CPR certification. The NAACLS is requesting approval for this program.
South Arkansas Community College
Students enrolled in the one-semester program at South Arkansas Community College in El Dorado, Arkansas, are prepared for careers in phlebotomy. Students can obtain their certification in phlebotomy by completing seven credit hours of coursework in phlebotomy, professionalism, patient relations, and medical technology.
In addition to working at least 100 clinical hours in designated healthcare facilities, students must complete 100 successful unaided collections and maintain a grade of C or higher in all courses. The practicum is set up by the program director. This program is accredited by NAACLS, and there is a 14-student maximum per class.
Cost of Courses in Phlebotomy
Programs for phlebotomy are reasonably priced when compared to the potential earnings. The cost of a course can vary from $700 to $3,000, based on the training duration and school. Students who want certification also need to pay a test fee, which ranges from $90 to $200. States that demand licensing will also pay an additional $58 to $200.
According to data from the BLS (May 2022), the average hourly wage in this field was $19.51, or $40,580 per year. Phlebotomists mean wages were higher in California, Massachusetts, Washington, D.C., New York, and California—all over $46,900.
Wrapping Up
It can take a year or less to become a phlebotomist, depending on the educational program and whether the student wants to pursue national certification. It could take longer in some states because of the various certification requirements for employment in those states.
The duration of education programs varies based on the type of school and program students enroll in, ranging from eight weeks to less than a year. Programs at community colleges might require more time, while those at vocational schools might be quicker. To receive a certificate or diploma and land a job, completing the program's didactic and clinical hours is necessary.
Although it's usually not necessary, national certification can be useful when applying for jobs.
Depending on the student's exam preparation and certification motivation, this could take several months or longer to finish. Nonetheless, there are typically time constraints on when a learner can sit for national certification after completing a program.
Few states require certification, so working as a phlebotomist can be accomplished in less than a year—especially if the student enrolls in one of the faster-paced programs.
If you have thoughts to share or questions to ask about how to become a phlebotomist, please leave a comment below. We would love to hear from you!
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Human Resources or HR is responsible for all things employee-related in a firm. This includes recruitment, promotions, payroll, health and safety, well-being, etc., to maintain a smoothly functioning workplace. How do they go through with all this exactly? Let’s see a few things HR does to efficiently manage a workplace.
Recruiting Candidates
The department is entirely responsible for determining the number of positions and hiring suitable candidates for the job, starting from finding an appropriate talent pool. Finding appropriate candidates is a particularly strenuous process, considering the increased number of applications submitted for each job opening.
Thankfully, there are now well-recognized sites like Talenteria that provide software assistance for candidate sourcing, providing a curated list of potential employees. This saves a huge amount of time spent by the HR team on screening the applicants for potential hires.
Training Employees
After hiring the employees, the team takes it upon themselves to train the new recruits to efficiently carry out all tasks. HR also educates them on the functioning of the workplace, rules, regulations, and conduct to be kept in mind. This is very important as it is necessary for the new hires to get accustomed to the work environment in order to perform efficiently.
Apart from this, HR also organizes appropriate training programs and skill sessions for the employees. This has appeared to be highly beneficial as these programs enable workers to gain new skills, which have a positive impact on the quality of work put out as an end result.
Employee Benefits
The HR team also formulates the suitable paycheck and benefits to be provided to the employees. This is not an easy job to do as there are several factors that have to be analyzed. This includes monetary factors like the annual budget and personal factors like the efficiency and productivity of the worker.
Apart from payroll and bonuses, HR also supports the employees in achieving their personal goals career and profession-wise. It guides competent individuals towards suitable checkpoints, helping the workers improve themselves while benefiting the firm along the way. It also helps with their social, mental, and physical well-being.
Evaluation and Monitoring
The HR team constantly checks on the productivity, competency, and quality of work pertaining to every individual in the firm. It also keeps a meticulous record of work-related as well as personal details, including health, safety, insurance, etc.,
HR holds the power to take suitable action upon employees that they find to be incompetent with their work. They can also call out employees showing misconduct and inappropriate behavior.
Policies and Surveys
HR organizes frequent surveys and interviews with the employees to gain feedback and complaints upon anything related to the firm. The information thus received is then processed by the HR team, and appropriate proposals are made to the management. HR also suggests appropriate changes in the policies of the company based on the surveys as well as the previously observed data and situations.
The HR team is also responsible for making sure that the employees are aware of the policies of the firm along with the changes that are being made to it along the way.
Conclusion
The workload on HR has significantly increased in the past few years, which has paved the way for sites like Talenteria to be of great help. It helps HR professionals by making processes like screening and talent pool management easier.
Society and workplaces are constantly evolving, and their dependence on HR is constantly increasing, making the HR team indispensable. An efficient HR is directly reflected upon in the outcome of the firm, as it maintains the brand image of a firm.
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In our society, it can often feel like the only choices are working yourself to the bone, or death. In some cases, that may even be true – with all the inequalities people face in the workplace, it is hard not to find yourself in a position where you go to work, come home, sleep, then wake up and repeat. You have no time for anything else. Your constant exhaustion is not a figment of your imagination – you are being overworked.
In times like this, you might feel powerless. You need money to live comfortably, and you can only make money when you work. You do not want to lose your job and be faced with the daunting task of trying to find a new work in this economy. However, you do not have to take it lying down. There are things you can do to combat overworking in the workplace.
1. Job Search
If you truly feel you are being worked to the bone and do not see a light at the end of the tunnel, the first step is to consider searching for a job while you are still employed with your current job. If you find something suited to your skillset that sounds more flexible, then apply there so that you will not need to worry about not having work at any point. Find a field that works with your knowledge, but tends to have a high satisfaction level.
For instance, home health agencies overworking their employees is a common occurrence. If you have any medical skills and wish to stay in that field, consider looking elsewhere. There is a dire need for medical services – you may be able to find something that works better for you.
2. Speak to Your Manager/Supervisor
Often, you might feel like just a number to your employee. The sad truth is that that is how it is at some companies. However, before taking drastic measures, talking to your supervisor may be the first step to lessening your workload and getting yourself a chance to breathe.
All managers are different, but if you speak with a superior about feeling exhausted or overwhelmed, they may be able to re-designate workloads so you can take a breath without sacrificing your job.
3. Make Lists
Prioritize your work. This is another “first step” after you have realized how much your work is affecting you. If you can list everything you need to do in order of importance, you will have the makings of a plan on how to accomplish your goals in a timely manner that is not overwhelming.
If you have multiple projects due all at once, that is a sure sign to speak to your supervisor – you should not have endless piles of work on your shoulders simply because you are good at your job.
4. Learn to Say No
You need to know your limits. Even if you feel like just a number, you have to know when you are near your breaking point.
Sometimes, setting boundaries and protecting yourself means that you just have to say “no” when you are asked to take on more than is reasonable. If you have multiple supervisors, talk to the one(s) you are most comfortable with, or the ones that seem to have the best reputation. Tell them about how you are feeling, and if new projects fall on your lap that feels out of your control, talk to them before you even start. It will give them a chance to reassign if they can, and it will give you one less thing to focus on.
5. Consider Legal Action
If you feel like you are being worked beyond what you're agreed upon duties are, or you are constantly forced to work overtime without compensation, you may have grounds for legal action. This is, of course, the last case scenario, as it will cost money and damage to the reputation of the workplace. However, if you truly feel it is warranted, it is an option to consider.
Overall, there are a few things you can do when you feel you are being overworked. Start small, like prioritizing and talking to managers, and if no change occurs, then it may be time for more.
Remember: you are more than a number, you are a human being who deserves respect and a safe work environment.
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