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Finance Jobs and MBA Programs in Alabama
There are plenty of job and employment prospects for financial analysts in Alabama. At 710, the number of jobs in Alabama for financial analysts is projected to rise 25 percent to 1,620 jobs by 2016. This is better than the national trend for financial analysts, which sees the job pool growing at about 19 percent over the next 10 years. In general, financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.
Alabama photo by Melinda Shelton
In Alabama, the income for financial analysts is $33 per hour or $67,000 per year. In the U.S. as a whole, their income is $41 hourly or $84,000 per year on average.
Nicknamed the Heart of Dixie, Alabama has a population of 4,708,708. It has grown by 5.9 percent in the last 10 years. Montgomery is the state capital. In 2008, there were a total of 2,640,717 jobs and at $33,655, the average annual income in Alabama was higher than the previous year's per capita figure of $32,803. The unemployment rate in Alabama was 10.1 percent in 2009. It rose by 4.9 percentage points from the previous year. Roughly 19.0 percent of state residents have college degrees. This is below the national average.
Manufacturing magnetic media, asphalt shingle materials manufacturing, perishable prepared food manufacturing and ornamental metal work manufacturing are the top employing fields in Alabama.
While being known for many things, one of the most noteworthy, Alabama is the only state with all major natural resources needed to make iron and steel. It is also the largest supplier of cast-iron and steel pipe products.
Finance
Financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.
While working, they analyze financial data to produce forecasts of business and economic conditions for use in making investment decisions and stay abreast of developments in the fields of industrial technology and economic theory.
They are required to manage and maintain budgets and actively seek out needed information and learn from it.
Financial analysts should be able to read and understand documents and reports and articulate ideas and problems.
In order to be successful in the workplace, financial analysts must be thorough and dependable and be able to take change and lead.
