Download Careers for number crunchers & other quantitative types by Rebecca Burnett PDF

By Rebecca Burnett

Discusses the schooling, education, and talents wanted for careers related to using quantitative options and describes a number of occupation offerings, together with marketplace examine, info research, demography, engineering, and monetary administration.

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Budget accountants help to create new budgets within a company and review expenditures to make sure that the budget is followed. Cost accountants determine the per unit cost of products or services, keeping track of costs for product development, manufacturing, promotion, and distribution, and then considering factors such as equipment depreciation, inflation, and employee benefits. Property accountants keep records of equipment and property, tracking factors such as depreciation. Systems accountants design and implement accounting systems for organizations that have special problems.

Mike says that although he didn't have many undergraduate or graduate math courses, he did take several useful statistics courses and has had lots of on-the-job training. For example, he's learned a great deal from city clerks, bankers, and specialized attorneys such as the city's bond counsel. ) For a city administrator, expenditures need to be justified, whether for personnel or supplies. Mike gets to apply quantitative and problem-solving skills to different situations every day.

He says, "With most things, a manager needs to know how much money and time something takes. '' Responsibilities. Every year Mike starts the budget process for the next fiscal year (July 1June 30) in October, creating a plan for balancing revenues and expenditures. He sets up the projected budget on a computer, using Lotus software as well as interactive budget and accounting software. Using MBO (management by objective) and ZBB (zero-based budgeting) techniques and providing a three-year history of that department's budget, he encourages department heads and other city employees to get involved with defining their goals and objectives and then identifying expenditures to meet them.

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