Finance Jobs and MBA Programs in Massachusetts

People considering careers as financial analysts can find employment and education prospects in Massachusetts. For financial analysts, there are 13,970 jobs in Massachusetts and this is projected to grow by 21 percent to 13,330 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.

Massachusetts photo by PapaDunes

State figures show that financial analysts in Massachusetts earn $42 per hour or $87,000 per year on average. In the U.S. as a whole, their income is $41 hourly or $84,000 per year on average.

Massachusetts, also known as the Bay State, is home to 6,593,587 people. It has grown by 3.9 percent in the last 10 years. Boston is the state capital. There were 4,251,139 total jobs in 2008 and workers in Massachusetts earned more than the previous year with an average annual income of $50,897, up from $49,644. The unemployment rate in Massachusetts was 8.4 percent in 2009. It went up by 3.1 percentage points since the previous year. The number of residents with a college degree is 33.2 percent. This surpasses the national average.

Brokers, portfolio management, control instruments manufacturing and nautical system manufacturing are the top employing fields in Massachusetts.

While being known for many things, one of the most noteworthy, Massachusetts holds the two largest cites in New England, Boston, the largest, and Worcester. One of the unique tidbits about Massachusetts is The Boston University Bridge on Commonwealth Avenue in Boston is the only place in the world where a boat can sail under a train driving under a car driving under an airplane.

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.