Finance Jobs and MBA Programs in Maryland

Those thinking about careers as financial analysts can find educational and employment prospects in Maryland. The job pool for financial analysts in Maryland is growing and currently sits at 4,770. A 39 percent bump in the number of jobs is projected to put the figure at 6,940 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.

Maryland photo by Abhijit Tembhekar

The income for financial analysts is $40 per hour or $82,000 per year on average in Maryland. Nationally, their income is $41 hourly or $84,000 per year on average.

Home to 5,699,478 people, Maryland, known as Old Line State, has grown by 7.6 percent in the last 10 years. 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. In Maryland, the unemployment rate went up by 2.6 percentage points to 7.0 percent in 2009 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.

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.