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Career and Education Opportunities for Financial Analysts in Mississippi

Mississippi has a population of 2,951,996, which has grown by 3.77% in the last 10 years. Nicknamed the "Magnolia State," Mississippi's capital and biggest city is Jackson.

There are currently 340 working financial analysts in Mississippi; this should grow by 25% to 420 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%. In general, financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.

Income for financial analysts is about $25 per hour or $54,050 yearly on average in Mississippi. Nationally, their income is about $35 per hour or $73,150 annually. Financial analysts earn more than people working in the category of Accounting and Auditing generally in Mississippi and more than people in the Accounting and Auditing category nationally. Jobs in this field include: money manager, financial systems analyst, and operational risk analyst.

In 2008, there were a total of 1,558,262 jobs in Mississippi. The average annual income was $30,383 in 2008, up from $29,542 the previous year. The unemployment rate in Mississippi was 9.6% in 2009, which has grown by 2.8% since the previous year. Roughly 16.9% of Mississippi residents have college degrees, which is lower than the national average.

The top industries in Mississippi include furniture product manufacturing, household furniture cabinet manufacturing, and household furniture manufacturing. Notable tourist destinations include the International Museum of Muslim Cultures, the Mississippi Museum of Natural Science, and the Audubon Society Jackson Chapter.

CITIES WITH Financial Analyst OPPORTUNITIES IN Mississippi


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 Mississippi 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: Mississippi

Mississippi
Mississippi photo by Nathan Culpepper

Mississippi has a population of 2,951,996, which has grown by 3.77% over the past decade. Nicknamed the "Magnolia State," Mississippi's capital and biggest city is Jackson. In 2008, there were a total of 1,558,262 jobs in Mississippi. The average annual income was $30,383 in 2008, up from $29,542 the previous year. The unemployment rate in Mississippi was 9.6% in 2009, which has grown by 2.8% since the previous year. About 16.9% of Mississippi residents have college degrees, which is lower than the national average.

The top industries in Mississippi include furniture product manufacturing, household furniture cabinet manufacturing, and household furniture manufacturing. Notable tourist destinations include the Audubon Society Jackson Chapter, the Manship House Museum, and the Glory of Baroque Dresden Exhibition.