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You searched for occupation: financial manager

The occupation searched for is part of the occupational group: Top managers, legal professionals, mathematicians and statisticians. Information about the future concerns the entire group.

The future situation of the occupational group on the labour market

The employment prospects for this occupational group in the 2009-2013 period will be as follows:

Poor

Very good

The chances of finding employment for this occupational group in 2009-2013 are poor. As compared to the current situation the chances will lower significantly. The main factor affecting this forecast is the rapid increase in the number of higher education and tertiary professional education graduates in business, law and other similar fields. Individuals with these qualifications currently account for 50% of employees in this occupational group. The difference between the high number of graduates and the lower number of suitable job vacancies is already large and it will further increase. Tertiary education graduates in mathematics, statistics and technology will be in a better position - the number of these graduates is increasing more slowly and demand for employees with these qualifications may grow more quickly in this occupational group.

Development of the employment in the occupational group (in thousands):

  • Total employment
  • Development of employment in this occupational group

As a result of economic development 2 % of new jobs will be created for this occupational group by 2013. The number of jobs in the economy as a whole will increase by 0,2 %. As some workers will leave their jobs (e.g. retirement), another 12 % of new jobs will be available within this group. Overall, 14 % of current employment will have to be filled by 2013, i.e. 13000 new workers will have to be hired.

The current situation of the occupational group at the labour market:

The occupational group consists of the following subgroups:

  • ISCO 123 - Other specialist managers
  • ISCO 242 - Legal professionals
  • ISCO 121 - Directors and chief executives
  • ISCO 212 - Mathematicians, statisticians and related professionals
  • ISCO 114 - Senior officials of special-interest organisations

Other specialist managers (ISCO 123)

Development of employment in this occupational subgroup (in thousands)

  • Total employment
  • Development of employment in this occupational subgroup

Occupations in this subgroup are most frequently found in the following industries:

In 2008 the median age of employees in this subgroup was 39 years, in the economy as a whole it was 41 years.

The age structure of employees in this occupational subgroup:

Employees in this occupational subgroup most frequently have the following qualification:

  • Tertiary - economics, business, other sciences (26 %)
  • Secondary (3a) - economics, business, law (16 %)

It is expected that by 2013 the following number of graduates with qualifications suitable for this occupational subgroup will enter the labour market:

Education Number of graduates entering labour market by 2013 Development of graduate numbers in 2009-2013
Tertiary - economics, business, other sciences 69 810 slight increase
Secondary (3a) - economics, business, law 88 440 slight decrease

The development of the number of graduates is ranked using a five-degree scale: rapid decrease - slight decrease - stagnation - slight increase - rapid increase.

Legal professionals (ISCO 242)

Development of employment in this occupational subgroup (in thousands)

  • Total employment
  • Development of employment in this occupational subgroup

Occupations in this subgroup are most frequently found in the following industries:

In 2008 the median age of employees in this subgroup was 42 years, in the economy as a whole it was 41 years.

The age structure of employees in this occupational subgroup:

Employees in this occupational subgroup most frequently have the following qualification:

  • Tertiary - law and other social sciences (87 %)

It is expected that by 2013 the following number of graduates with qualifications suitable for this occupational subgroup will enter the labour market:

Education Number of graduates entering labour market by 2013 Development of graduate numbers in 2009-2013
Tertiary - law and other social sciences 51 020 rapid increase

The development of the number of graduates is ranked using a five-degree scale: rapid decrease - slight decrease - stagnation - slight increase - rapid increase.

Directors and chief executives (ISCO 121)

Development of employment in this occupational subgroup (in thousands)

  • Total employment
  • Development of employment in this occupational subgroup

Occupations in this subgroup are most frequently found in the following industries:

In 2008 the median age of employees in this subgroup was 48 years, in the economy as a whole it was 41 years.

The age structure of employees in this occupational subgroup:

Employees in this occupational subgroup most frequently have the following qualification:

  • Tertiary - mechanical engineering (16 %)
  • Tertiary - health (11 %)

It is expected that by 2013 the following number of graduates with qualifications suitable for this occupational subgroup will enter the labour market:

Education Number of graduates entering labour market by 2013 Development of graduate numbers in 2009-2013
Tertiary - mechanical engineering 5 840 slight decrease
Tertiary - health 26 170 rapid increase

The development of the number of graduates is ranked using a five-degree scale: rapid decrease - slight decrease - stagnation - slight increase - rapid increase.

Mathematicians, statisticians and related professionals (ISCO 212)

Development of employment in this occupational subgroup (in thousands)

  • Total employment
  • Development of employment in this occupational subgroup

Occupations in this subgroup are most frequently found in the following industries:

In 2008 the median age of employees in this subgroup was 49 years, in the economy as a whole it was 41 years.

The age structure of employees in this occupational subgroup:

Employees in this occupational subgroup most frequently have the following qualification:

  • Tertiary - building and life science (40 %)

It is expected that by 2013 the following number of graduates with qualifications suitable for this occupational subgroup will enter the labour market:

Education Number of graduates entering labour market by 2013 Development of graduate numbers in 2009-2013
Tertiary - building and life science 21 680 rapid increase

The development of the number of graduates is ranked using a five-degree scale: rapid decrease - slight decrease - stagnation - slight increase - rapid increase.

Senior officials of special-interest organisations (ISCO 114)

Development of employment in this occupational subgroup (in thousands)

  • Total employment
  • Development of employment in this occupational subgroup

In 2008 the median age of employees in this subgroup was 55 years, in the economy as a whole it was 41 years.

The age structure of employees in this occupational subgroup:

Employees in this occupational subgroup most frequently have the following qualification:

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