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Career and Education Opportunities for Financial Analysts in Idaho

Idaho has a population of 1,545,801, which has grown by 19.46% over the past decade. Nicknamed the "Gem State," Idaho's capital and most populous city is Boise.

There are currently 340 working financial analysts in Idaho; this should grow by 32% to 440 working financial analysts in the state by 2016. This is better than the nation as a whole, where employment opportunities for financial analysts are expected to grow by about 19.8%. Financial analysts generally conduct quantitative analyses of information affecting investment programs of public or private institutions.

Income for financial analysts is about $27 hourly or $56,610 annually on average in Idaho. Nationally, their income is about $35 hourly or $73,150 per year. Compared with people working in the overall category of Accounting and Auditing, people working as financial analysts in Idaho earn more. They earn more than people working in the overall category of Accounting and Auditing nationally. People working as financial analysts can fill a number of jobs, such as: fiscal analyst, stock analyst, and corporate financial analyst.

In 2008, there were a total of 939,793 jobs in Idaho. The average annual income was $32,994 in 2008, up from $32,837 the previous year. The unemployment rate in Idaho was 8.0% in 2009, which has grown by 3.1% since the previous year. About 21.7% of Idaho residents have college degrees, which is lower than the national average.

The top industries in Idaho include semiconductor electronic component manufacturing, fruit preserving food manufacturing, and frozen food manufacturing.

CITIES WITH Financial Analyst OPPORTUNITIES IN Idaho


JOB DESCRIPTION: Financial Analyst

Financial Analyst video from the State of New Jersey Dept. of Labor and Workforce Development

In general, financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.

Every day, financial analysts are expected to be able to think through problems and come up with general rules. They need to read and understand documents and reports. It is also important that they articulate ideas and problems.

Similar jobs with educational opportunities in Idaho include:

  • Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
  • Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
  • Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
  • Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
  • Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
  • Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
  • Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
  • Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

LOCATION INFORMATION: Idaho

Idaho
Idaho photo by the U.S. Dept. of Agriculture

Idaho has a population of 1,545,801, which has grown by 19.46% in the last 10 years. Nicknamed the "Gem State," Idaho's capital and biggest city is Boise. In 2008, there were a total of 939,793 jobs in Idaho. The average annual income was $32,994 in 2008, up from $32,837 the previous year. The unemployment rate in Idaho was 8.0% in 2009, which has grown by 3.1% since the previous year. Roughly 21.7% of Idaho residents have college degrees, which is lower than the national average.

The top industries in Idaho include semiconductor electronic component manufacturing, fruit preserving food manufacturing, and frozen food manufacturing.