Banking and Financial Services Degree

The robust world of Banking and Financial Support Services is a field of study emphasizing the facilitation of financial and economic services for individuals and business entities. Get more details below including other New York colleges that offer banking and financial services degrees.

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Touro College

507 Ocean Parkway, Brooklyn, NY

Career Options for Graduates

Loan Counselors

Description

Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.

Career Outlook & Projections ()

According to the BLS, loan counselors employment is expected to grow at a rate of 15.5% from 2014 to 2024

Salary & Wages

• Nassau County-Suffolk County, NY Metropolitan Division
  • Total Employment: 160
  • Average Hourly Rate: $23.91
  • Average Annual Salary: $49730
• Newark, NJ-PA Metropolitan Division
  • Total Employment: 90
  • Average Hourly Rate: $25.05
  • Average Annual Salary: $52100

Bill and Account Collectors

Description

Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; and keeping records of collection and status of accounts.

Career Outlook & Projections ()

According to the BLS, bill and account collectors employment is expected to shrink at a rate of -5.6% from 2014 to 2024

Salary & Wages

• Nassau County-Suffolk County, NY Metropolitan Division
  • Total Employment: 3
  • Average Hourly Rate: $20.08
  • Average Annual Salary: $41770
• Newark, NJ-PA Metropolitan Division
  • Total Employment: 1
  • Average Hourly Rate: $19.73
  • Average Annual Salary: $41030

Tellers

Description

Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.

Career Outlook & Projections ()

According to the BLS, tellers employment is expected to shrink at a rate of -7.7% from 2014 to 2024

Salary & Wages

• Nassau County-Suffolk County, NY Metropolitan Division
  • Total Employment: 4
  • Average Hourly Rate: $15.06
  • Average Annual Salary: $31320
• Newark, NJ-PA Metropolitan Division
  • Total Employment: 4
  • Average Hourly Rate: $14.00
  • Average Annual Salary: $29120

Credit Authorizers

Description

Authorize credit charges against customers' accounts.

Career Outlook & Projections ()

According to the BLS, credit authorizers employment is expected to shrink at a rate of -6.2% from 2014 to 2024

Salary & Wages

• Nassau County-Suffolk County, NY Metropolitan Division
  • Total Employment: 340
  • Average Hourly Rate: $21.14
  • Average Annual Salary: $43960
• Newark, NJ-PA Metropolitan Division
  • Total Employment: 340
  • Average Hourly Rate: $20.68
  • Average Annual Salary: $43020

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).