Finance Jobs and MBA Programs in Minnesota

Those looking for careers as financial analysts should consider the educational and employment opportunities in Minnesota. There are currently 5,240 jobs for financial analysts in Minnesota and this is projected to grow by 24 percent to 6,290 jobs by 2016. Over the next 10 years, the national job pool is projected to rise by 19 percent, short of the state growth for financial analysts. In general, financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.

Minnesota photo by Kablammo

State figures show that financial analysts in Minnesota earn $36 per hour or $74,000 per year on average. In the U.S. as a whole, their income is $41 hourly or $84,000 per year on average.

Also known as the North Star State, Minnesota has a population of 5,266,214. It's population has increased 7.0 percent over the last 10 years. The state capital is Saint Paul. There were 3,567,295 total jobs in 2008 and workers in Minnesota earned more than the previous year with an average annual income of $42,953, up from $41,693. The unemployment rate in Minnesota was 8.0 percent in 2009. It went up by 2.6 percentage points since the previous year. The number of residents with a college degree is 27.4 percent. This is under the national average.

The top employing fields in Minnesota include hospital equipment merchant wholesalers, general-line grocery merchant wholesalers, real estate credit and outpatient care centers.

While being known for many things, one of the most noteworthy, Minneapolis is home to the oldest continuously running theater (Old Log Theater) and the largest dinner theater (Chanhassan Dinner Theater) in the country. One of the unique tidbits about Minnesota is the climate-controlled Metrodome is the only facility in the country to host a Super Bowl, a World Series and a NCAA Final Four Basketball Championship.

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.