Career and Education Opportunities for Financial Analysts in North Dakota
North Dakota has a population of 646,844, which has grown by 0.72% in the last 10 years. Nicknamed the "Flickertail State," its capital is Bismarck, though its most populous city is Fargo.
Currently, 260 people work as financial analysts in North Dakota. This is expected to grow by 23% to about 310 people 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.
The income of a financial analyst is about $29 hourly or $60,340 per year on average in North Dakota. In the U.S. as a whole, their income is about $35 hourly or $73,150 per year on average. Incomes for financial analysts are better than in the overall category of Accounting and Auditing in North Dakota, and better than the overall Accounting and Auditing category nationally. People working as financial analysts can fill a number of jobs, such as: financial systems analyst, chartered financial analyst , and corporate financial analyst.
In 2008, there were a total of 498,718 jobs in North Dakota. The average annual income was $39,874 in 2008, up from $36,678 in 2007. The unemployment rate in North Dakota was 4.3% in 2009, which has grown by 1.1% since the previous year. About 22.0% of North Dakota residents have college degrees, which is lower than the national average.
The top industries in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, and lawn equipment stores. Notable tourist attractions include the West Acres Regional Shopping Center, the Charitable Equipment Inc, and the Children's Museum at Yunker Farm.
CITIES WITH Financial Analyst OPPORTUNITIES IN North Dakota
JOB DESCRIPTION: Financial Analyst
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 North Dakota 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.
- Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
- 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: North Dakota
North Dakota has a population of 646,844, which has grown by 0.72% over the past decade. Nicknamed the "Flickertail State," its capital is Bismarck, though its largest city is Fargo. In 2008, there were a total of 498,718 jobs in North Dakota. The average annual income was $39,874 in 2008, up from $36,678 the preceding year. The unemployment rate in North Dakota was 4.3% in 2009, which has grown by 1.1% since the previous year. Approximately 22.0% of North Dakota residents have college degrees, which is lower than the national average.
The top industries in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, and lawn equipment stores. Notable tourist attractions include the Red River Valley Genealogical Society, the Gallery 4 Ltd, and the West Acres Regional Shopping Center.