Finance Jobs and MBA Programs in Illinois

Illinois is a good place to settle for financial analysts as there are many educational and career opportunities. The job pool for financial analysts in Illinois is growing and currently sits at 13,780. A projected rise of 28 percent in employment opportunities will make the figure 16,390 jobs by 2016. This exceeds the national growth trend for financial analysts. National projections show a rise of just 19 percent over the next 10 years. Financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.

Illinois photo by Hary Han

Financial analysts earn $44 per hour or $90,000 per year on average in Illinois. Nationally, their income is $41 hourly or $84,000 per year on average.

Nicknamed the Land of Lincoln, Illinois has a population of 12,910,409, which has grown by 4.0 percent in the last 10 years. The state capital is Springfield. There were a total of 7,657,328 jobs in 2008 and people in Illinois earned more than the previous year as the average annual income was $42,540, up from $41,720. The unemployment rate in Illinois was 10.1 percent in 2009, which has grown by 3.7 percentage points since the previous year. Roughly 26.1 percent of Illinois residents have college degrees, which is lower than the national average.

The top employing fields in Illinois include construction machinery merchant wholesalers, distilled alcoholic beverage merchant wholesalers, nonchocolate confectionery manufacturing and other prepared sauce manufacturing.

Having known landmarks is a staple for Illinois. The Sears Tower, Chicago is the tallest building on the North American continent. While being known for many things, one of the most noteworthy, Carlyle is the home of the largest man-made lake in Illinois.

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.