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Career and Education Opportunities for Financial Analysts in Philadelphia, Pennsylvania

For those living in the Philadelphia, Pennsylvania area, there are many career and education opportunities for financial analysts. There are currently 8,750 jobs for financial analysts in Pennsylvania and this is projected to grow by 27% to about 11,100 jobs 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.

Financial analysts earn approximately $31 hourly or $64,830 per year on average in Pennsylvania. Nationally they average about $35 per hour or $73,150 annually. Financial analysts earn more than people working in the category of Accounting and Auditing generally in Pennsylvania and more than people in the Accounting and Auditing category nationally. Jobs in this field include: securities analyst, mutual fund accountant, and finance analyst.

There are twenty-four schools within twenty-five miles of Philadelphia where you can study to be a financial analyst, among 156 schools of higher education total in the Philadelphia area. The most common level of education for financial analysts is a Bachelor's degree. You can expect to spend about four years training to become a financial analyst if you already have a high school diploma.

CAREER 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.

It is important for financial analysts to maintain knowledge and stay abreast of developments in the fields of industrial technology and economic theory. They are often called upon to interpret data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences. They also analyze financial data to produce forecasts of business and economic conditions for use in making investment decisions. They are sometimes expected to monitor fundamental economic and corporate developments through the analysis of data obtained from financial publications and services, investment banking firms and personal interviews. Somewhat less frequently, financial analysts are also expected to present oral and written reports on general economic trends and entire industries.

They also have to be able to decide on the prices at which securities should be syndicated and offered to the public and evaluate and compare the relative quality of various securities in a given industry. And finally, they sometimes have to maintain knowledge and stay abreast of developments in the fields of industrial technology and economic theory.

Like many other jobs, financial analysts must be thorough and dependable and be able to deal with stress and deal with situations calmly.

Similar jobs with educational opportunities in Philadelphia 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.
  • Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
  • 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.
  • Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
  • 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.
  • Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

EDUCATIONAL OPPORTUNITIES: Financial Analyst Training

Rutgers University-Camden - Camden, NJ

Rutgers University-Camden, 406 Penn, Camden, NJ 08102. Rutgers University-Camden is a medium sized university located in Camden, New Jersey. It is a public school with primarily 4-year or above programs. It has 5,398 students and an admission rate of 51%. Rutgers University-Camden has a bachelor's degree program in Finance which graduated fifty-four students in 2008.

Princeton University - Princeton, NJ

Princeton University, , Princeton, NJ 08544-0070. Princeton University is a medium sized university located in Princeton, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,343 students and an admission rate of 10%. Princeton University has a master's degree program in Finance which graduated twenty-one students in 2008.

Arcadia University - Glenside, PA

Arcadia University, 450 S Easton Rd, Glenside, PA 19038-3295. Arcadia University is a small university located in Glenside, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,872 students and an admission rate of 69%. Arcadia University has a bachelor's degree program in Finance which graduated two students in 2008.

Immaculata University - Immaculata, PA

Immaculata University, 1145 King Rd, Immaculata, PA 19345-0702. Immaculata University is a small university located in Immaculata, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,855 students and an admission rate of 80%. Immaculata University has a bachelor's degree program in Finance which graduated one student in 2008.

Villanova University - Villanova, PA

Villanova University, 800 Lancaster Avenue, Villanova, PA 19085-1699. Villanova University is a large university located in Villanova, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 10,295 students and an admission rate of 39%. Villanova University has a bachelor's degree and a master's degree program in Finance which graduated six and twenty-four students respectively in 2008.

University of Pennsylvania - Philadelphia, PA

University of Pennsylvania, 1 College Hall 34th and Spruce Sts, Philadelphia, PA 19104-6303. University of Pennsylvania is a large university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 24,060 students and an admission rate of 17%. University of Pennsylvania has 2 areas of study related to Financial Analyst. They are:

  • Accounting and Finance, postbaccalaureate certificate which graduated 43 students in 2008.
  • Finance, bachelor's degree, postbaccalaureate certificate, master's degree, and doctor's degree which graduated twenty-five, zero, seventy-three, and two students respectively in 2008.

Cabrini College - Radnor, PA

Cabrini College, 610 King of Prussia Rd, Radnor, PA 19087-3698. Cabrini College is a small college located in Radnor, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,580 students and an admission rate of 70%. Cabrini College has a bachelor's degree program in Finance which graduated three students in 2008.

Eastern University - Saint Davids, PA

Eastern University, 1300 Eagle Rd, Saint Davids, PA 19087-3696. Eastern University is a small university located in Saint Davids, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,907 students and an admission rate of 62%. Eastern University has a bachelor's degree program in Accounting and Finance which graduated fourteen students in 2008.

Thomas Edison State College - Trenton, NJ

Thomas Edison State College, 101 W State St, Trenton, NJ 08608-1176. Thomas Edison State College is a large college located in Trenton, New Jersey. It is a public school with primarily 4-year or above programs and has 17,369 students. Thomas Edison State College has a bachelor's degree program in Finance which graduated seven students in 2008.

Wilmington University - New Castle, DE

Wilmington University, 320 Dupont Hwy, New Castle, DE 19720. Wilmington University is a medium sized university located in New Castle, Delaware. It is a private not-for-profit school with primarily 4-year or above programs and has 8,980 students. Wilmington University has a bachelor's degree and a master's degree program in Finance which graduated thirty-one and forty-eight students respectively in 2008.

Rider University - Lawrenceville, NJ

Rider University, 2083 Lawrence Road, Lawrenceville, NJ 08648-3099. Rider University is a medium sized university located in Lawrenceville, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 6,011 students and an admission rate of 74%. Rider University has a bachelor's degree program in Finance which graduated sixty-five students in 2008.

Goldey-Beacom College - Wilmington, DE

Goldey-Beacom College, 4701 Limestone Rd, Wilmington, DE 19808. Goldey-Beacom College is a small college located in Wilmington, Delaware. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,319 students and an admission rate of 67%. Goldey-Beacom College has a bachelor's degree and a master's degree program in Finance which graduated one and zero students respectively in 2008.

Philadelphia University - Philadelphia, PA

Philadelphia University, School House Lane and Henry Avenue, Philadelphia, PA 19144-5497. Philadelphia University is a small university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,373 students and an admission rate of 70%. Philadelphia University has a bachelor's degree program in Finance which graduated thirteen students in 2008.

West Chester University of Pennsylvania - West Chester, PA

West Chester University of Pennsylvania, University Avenue and High Street, West Chester, PA 19383. West Chester University of Pennsylvania is a large university located in West Chester, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 13,619 students and an admission rate of 47%. West Chester University of Pennsylvania has a bachelor's degree program in Finance which graduated two students in 2008.

Community College of Philadelphia - Philadelphia, PA

Community College of Philadelphia, 1700 Spring Garden St, Philadelphia, PA 19130-3991. Community College of Philadelphia is a large college located in Philadelphia, Pennsylvania. It is a public school with primarily 2-year programs and has 17,293 students. Community College of Philadelphia has an associate's degree program in Finance which graduated nine students in 2008.

DeVry University-Pennsylvania - Fort Washington, PA

DeVry University-Pennsylvania, 1140 Virginia Dr, Fort Washington, PA 19034-3204. DeVry University-Pennsylvania is a small university located in Fort Washington, Pennsylvania. It is a private for-profit school with primarily 4-year or above programs. It has 1,677 students and an admission rate of 87%. DeVry University-Pennsylvania has a master's degree program in Accounting and Finance which graduated eleven students in 2008.

Drexel University - Philadelphia, PA

Drexel University, 3141 Chestnut St, Philadelphia, PA 19104. Drexel University is a large university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 21,754 students and an admission rate of 68%. Drexel University has a master's degree program in Finance which graduated twenty students in 2008.

Saint Joseph's University - Philadelphia, PA

Saint Joseph's University, 5600 City Avenue, Philadelphia, PA 19131-1395. Saint Joseph's University is a medium sized university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,846 students and an admission rate of 86%. Saint Joseph's University has a bachelor's degree and a master's degree program in Finance which graduated two and forty-eight students respectively in 2008.

Lansdale School of Business - North Wales, PA

Lansdale School of Business, 201 Church Rd, North Wales, PA 19454. Lansdale School of Business is a small school located in North Wales, Pennsylvania. It is a private for-profit school with primarily 2-year programs and has 394 students. Lansdale School of Business has an associate's degree program in Accounting and Business/Management which graduated twelve students in 2008.

Temple University - Philadelphia, PA

Temple University, 1801 North Broad Street, Philadelphia, PA 19122-6096. Temple University is a large university located in Philadelphia, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 35,343 students and an admission rate of 61%. Temple University has a bachelor's degree and a master's degree program in Finance which graduated 211 and four students respectively in 2008.

La Salle University - Philadelphia, PA

La Salle University, 1900 W Olney Ave, Philadelphia, PA 19141-1199. La Salle University is a medium sized university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 6,176 students and an admission rate of 68%. La Salle University has a bachelor's degree and a master's degree program in Finance which graduated twelve and four students respectively in 2008.

Holy Family University - Philadelphia, PA

Holy Family University, 9801 Frankford Avenue, Philadelphia, PA 19114-2009. Holy Family University is a small university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,528 students and an admission rate of 72%. Holy Family University has a bachelor's degree program in Finance which graduated one student in 2008.

University of Delaware - Newark, DE

University of Delaware, , Newark, DE 19716. University of Delaware is a large university located in Newark, Delaware. It is a public school with primarily 4-year or above programs. It has 20,500 students and an admission rate of 58%. University of Delaware has a bachelor's degree program in Finance which graduated seventeen students in 2008.

Chestnut Hill College - Philadelphia, PA

Chestnut Hill College, 9601 Germantown Ave, Philadelphia, PA 19118-2693. Chestnut Hill College is a small college located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,046 students and an admission rate of 74%. Chestnut Hill College has a bachelor's degree program in Finance which graduated two students in 2008.

CERTIFICATIONS

Certified Pension Consultant: The Certified Pension Consultant (CPC) credential is designed for benefits professionals working in plan administration, pension actuarial administration, insurance, and financial planning.

For more information, see the American Society of Pension Professionals and Actuaries website.

Certified Anti-Money Laundering Specialist: CAMS certification is rrecognized by employers in both private industry and government.

For more information, see the Association of Certified Anti-Money Laundering Specialists website.

Fiscal Services - Accelerated Package: Fiscal Services - Accelerated Package course list: Better Requests for Proposals for Better Projects; Continuous Improvement Through Monitoring; Contracting; New Coding System for the 21st Century; Procurement; and Writing Winning Grant Proposals.

For more information, see the Dynamic Works Institute website.

Certified IRA Services Professional: Applicable to financial services professionals who have dedicated IRA operational and technical experience.

For more information, see the Institute of Certified Bankers website.

Certified Personal Banker: Applicable to financial services professionals who have completed the AIB Personal Banking Diploma and who function as personal bankers.

For more information, see the Institute of Certified Bankers website.

Certified Funds Specialist: The CFS 60-hour program provides the practitioner with everything needed to select the right fund for any given situation.

For more information, see the Institute of Certified Fund Specialists website.

Certified Annuity Specialist: The CAS program is a 60-hour self-study program.

For more information, see the Institute of Certified Fund Specialists website.

Registered Financial Associate: The Registered Financial Associate (RFA) is a designation granted only to recent graduates of an approved academic curriculum in financial services.

For more information, see the International Association of Registered Financial Consultants website.

Chartered Market Technician: The Chartered Market Technician (CMT) designation is the culmination of a certification process in which candidates are required to demonstrate proficiency in a broad range of technical analysis of the financial markets.

For more information, see the Market Technicians Association website.

Certified Retirement Specialist: If you are a professional with an interest in issues and opportunities in the 403(b) marketplace, advance your career by obtaining the Certified Retirement Specialist (CRS) designation.

For more information, see the NTSAA (National Tax Sheltered Accounts Association) Educational Institute website.

Certified Financial Forensic Analyst: The Certified Forensic Financial Analyst (CFFA) credential is designed to provide assurance to the legal community-the primary users of litigation support services-the designee possesses a level of experience and knowledge deemed acceptable by the Association to provide competent and professional forensic financial support services.

For more information, see the The National Association of Certified Valuation Analysts website.

Economic Development Finance Professional: In NDC's EDFP Certification Program you will build the capacity to translate development opportunities into results for their communities.

For more information, see the The National Development Council website.

LOCATION INFORMATION: Philadelphia, Pennsylvania

Philadelphia, Pennsylvania
Philadelphia, Pennsylvania photo by Apollo1758

Philadelphia is located in Philadelphia County, Pennsylvania. It has a population of over 1,447,395, which has shrunk by 4.6% in the past ten years. The cost of living index in Philadelphia, 102, is near the national average. New single-family homes in Philadelphia cost $212,900 on average, which is far greater than the state average. In 2008, five hundred forty-five new homes were constructed in Philadelphia, down from five hundred ninety-one the previous year.

The top three industries for women in Philadelphia are health care, educational services, and professional, scientific, and technical services. For men, it is construction, educational services, and health care. The average travel time to work is about 32 minutes. More than 17.9% of Philadelphia residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.5%, is lower than the state average.

The percentage of Philadelphia residents that are affiliated with a religious congregation, 53.4%, is more than the national average but less than the state average. Boulevard Church, Mount Herman Church and Saint Michael Mission Center are all churches located in Philadelphia. The most prominent religious groups are the Catholic Church, the American Baptist Churches in the USA and the Muslim Estimate.

Philadelphia is home to the Five Points and the Academy Gardens as well as Durham Park and Cloverly Park. Shopping malls in the area include Roosevelt Mall, Andorra Shopping Center and Red Lion Shopping Center. Visitors to Philadelphia can choose from Comfort Inn, Concordia Worldwide Hotel Reservations and Embassy Suites for temporary stays in the area.