Accounting Jobs and MBA Programs in Maryland

Many educational and employment opportunities are available for financial managers in Maryland. There are currently 9,670 jobs for financial managers in Maryland and according to national projections, the job pool will rise by seven percent over the next 10 years. Financial managers conduct research, prepare reports and formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

Maryland photo by Abhijit Tembhekar

The income for financial managers is $51 per hour or $105,000 per year on average in Maryland. Nationally, their income is $53 hourly or $110,000 per year on average.

Maryland, nicknamed the Old Line State, has seen its population grow 7.6 percent to 5,699,478 over the last decade. The state capital is Annapolis. In 2008, the total number of jobs was 3,471,985 and the average annual income in Maryland was $48,164, which is up from $46,922 the previous year. Unemployment increased to 7.0 percent in 2009, a jump of 2.6 percentage points from the previous year. The number of residents with a college degree is 31.4 percent, which is above the national average.

The top employing fields in Maryland include engineering services, radio broadcasting communications equipment manufacturing, photofinishing and photofinishing laboratories (except one-hour).

One of the many things Maryland is known for, Swallow Falls State Park near Oakland showcases Muddy Creek Falls. At 63 feet it is the largest waterfall in Maryland. Maryland has many unique characteristics, but one fun fact in particular is Fort Meade near Laurel became a base because a train engineer delivering soldiers to Meade knew only one Meade, the one in Maryland. He was not aware of Fort Meade, Florida. The confusion happened so often a second base was built in Maryland in an attempt to avoid the confusion.

Accounting

Financial managers conduct research, prepare reports and formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

While working, they advise management on short-term and long-term financial objectives and actions and prepare financial statements, business activity reports, financial forecasts and reports required by regulatory agencies.

They are required to manage and maintain budgets and other financial resources. Also, they must listen well to others and take in their information and issues.

Financial managers should be able to articulate ideas and problems and read and understand documents and reports.

In order to be successful in the workplace, financial managers must have exceptional integrity and be reliable.