The Financial and Professional sector is diverse and includes a number of sectors such as banking and money management, pensions and insurance, legal and accounting, management consultancy, architecture, engineering and real estate.
Source: New Economy Manchester's Policy & Research Team
Key Statistics
Distribution of Employees in Financial and Professional Services
working within Greater Manchester, 2007
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Employment Concentrations
based on numbers working in Financial and Professional Services in Greater Manchester, 2007
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Large or significant Financial and Professional Services employers in Greater Manchester include:
Addleshaw Goddard - Legal firm
Anchor Trust - Property development
AXA Insurance - Insurance
Bank of New York - Bank
Co-operative Bank - Bank
Countrywide Surveyors - Architects
London Scottish Bank PLC - Bank
Peninsula Business Services - Management Consultant
Pricewaterhouse Coopers - Accountants
Royal Bank of Scotland - Bank
Source: Business Solutions, 2008
Employment Concentrations
based on numbers working in Financial and Professional Services in Greater Manchester, 2007
Forecast employment changes in Financial and Professional Services
in Greater Manchester, 2008-2013
Occupations include:
Advertising and public relations managers
Chartered, certified and management accountants
Consultants, actuaries, economists, statisticians
Counter, accounts and wages clerks, bookkeepers
Credit controllers
Database assistants and clerks
Debt, rent and other cash collectors
Estate agents, auctioneers
Estimators, valuers and assessors
Financial and accounting technicians
Financial and investment analysts and advisers
Financial managers and chartered secretaries
Housing and welfare officers
Insurance underwriters
Laboratory technicians
Legal associate professionals
Legal secretaries
Local government clerical officers and assistants
Market research interviewers
Marketing and sales managers
Marketing associate professionals
Occupational hygienists and health and safety officers
Pensions and insurance clerks
Personnel and industrial relations officers / managers
Planning and quality control engineers
Property, housing and land managers
Public relations officers
Quality assurance managers
Sales representatives
Solicitors and lawyers, judges and coroners
Taxation experts and company secretaries
Telephone salespersons
Town planners
Vocational and industrial trainers and instructors
Case studies
Dave Olsen:
Age 28
Accountant
I graduated from university with a business management degree and started work as a trainee accountant. I then worked hard to pass my professional exams with the Chartered Institute of Management Accountants (CIMA) which means that I am a qualified management accountant.
I was lucky enough to work for a company that was really committed to my development and gave me a lot of support. As a result of this, I was promoted very quickly to company accountant, even before my training was complete.
Now, I’m responsible for a multi-million pound budget and I’m managing three other trainee accountancy staff. I really enjoy the work despite the time pressures involved – I often have to work to tight deadlines and have a lot of responsibility to provide information that is accurate and meaningful. Having said that, I love working for a dynamic accountancy firm as it provides an interesting career with great benefits and excellent prospects.
Mohammed Riaz:
Age: 23
Banking Adviser
I work as a Banking Adviser Executive in a major high street bank which involves helping customers get the most out of their use of credit cards, personal loans and savings accounts. It’s a really customer focussed job and you have to have good people skills as you often have to ask people personal questions about their finances.
The job has really good benefits and excellent career prospects. I’m hoping to move into management and can see this happening if I’m willing to put in the work. All in all, I find this role both interesting and fulfilling and I’m excited about what the future holds as I move up the career ladder.
For further information on careers in the Financial and Professional Services sector, please visit the sites below:
Careers Northwest
Jobs4You - Financial services
Jobs4You - Legal and Political services
Jobs4You - Marketing and Advertising
New Economy Manchester (You will need to register with this site)