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Financial: Career and Education Opportunities in Michigan

Financial: Financial Managers run the banks and investment organizations that are at the core of our economic system. Dealing with the complexities of regulations and customer needs, they keep track of the people who keep our money and credit flowing.

Michigan photo by Jjegers

Michigan has a population of 9,969,727, which has grown by 0.31% over the past 10 years. Nicknamed the "Great Lakes State," its capital is Lansing, though its most populous city is Detroit. In 2008, there were a total of 5,397,807 jobs in Michigan. The average annual income was $34,953 in 2008, up from $34,185 in 2007. The unemployment rate in Michigan was 13.6% in 2009, which has grown by 5.3% since the previous year. About 21.8% of Michigan residents have college degrees, which is lower than the national average.

The top industries in Michigan include transportation equipment manufacturing, motor vehicle manufacturing, and motor vehicle parts manufacturing. Notable tourist destinations include the Bullock Edwards & Associates, the Detroit Historical Society, and the Charles H Wright Museum of African American Histry.


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Banking Manager

Banking Managers direct and coordinate financial activities of workers in a branch, office, or department of an establishment, such as branch bank, brokerage firm, risk and insurance department, or credit department. Banking Managers need to train others in tasks and process. They also need to manage their own time and the time of others.

Comptrollers direct financial activities, such as planning, procurement, and investments for all or part of an organization. Comptrollers need to manage and maintain budgets and other financial resources. They also need to evaluate and judge the efficacy of solutions.