Finance Jobs and MBA Programs in Michigan

Financial analysts can find success in Michigan as the state has plenty of educational and employment prospects. There are currently 5,400 jobs for financial analysts in Michigan and that number is growing. A projected rise of 14 percent in employment opportunities will make the figure 7,470 jobs by 2016. This is lower than the national growth trend for financial analysts. National projections showing 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.

Michigan photo by Jjegers

Financial analysts earn $36 per hour or $75,000 per year on average in Michigan. Nationally, their income is $41 hourly or $84,000 per year on average.

Nicknamed the Great Lakes State, Michigan has a population of 9,969,727, which has grown by 0.3 percent in the last 10 years. Lansing is the state capital. There were a total of 5,397,807 jobs in 2008 and people in Michigan earned more than the previous year as the average annual income was $34,953, up from $34,185. The unemployment rate in Michigan was 13.6 percent in 2009, which has grown by 5.3 percentage points since the previous year. Roughly 21.8 percent of Michigan residents have college degrees, which is lower than the national average.

Transportation equipment manufacturing, motor vehicle manufacturing, motor vehicle parts manufacturing and motor vehicle supplies parts merchant wholesalers are the top employing fields in Michigan.

One of the many things Michigan is known for, Alpena is the home of the world's largest cement plant. Michigan has many unique characteristics, but one fun fact in particular is Michigan is the only place in the world with a floating post office. The J.W. Westcott II is the only boat in the world that delivers mail to ships while they are still underway. They have been operating for 125 years.

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.