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Career and Education Opportunities for Financial Analysts in South Carolina

South Carolina has a population of 4,561,242, which has grown by 13.69% over the past 10 years. Nicknamed the "Palmetto State," South Carolina's capital and most populous city is Columbia.

There are currently 920 working financial analysts in South Carolina; this should grow by 29% to about 1,180 working financial analysts in the state by 2016. This is better than the national trend for financial analysts, which sees this job pool growing by about 19.8% over the next eight years. Financial analysts generally conduct quantitative analyses of information affecting investment programs of public or private institutions.

A person working as a financial analyst can expect to earn about $25 hourly or $52,930 yearly on average in South Carolina and about $35 hourly or $73,150 per year on average in the U.S. as a whole. Financial analysts earn more than people working in the category of Accounting and Auditing generally in South Carolina and more than people in the Accounting and Auditing category nationally. Financial analysts work in a variety of jobs, including: financial systems analyst, mutual fund accountant, and alternative financing specialist.

In 2008, there were a total of 2,579,280 jobs in South Carolina. The average annual income was $32,495 in 2008, up from $31,925 the preceding year. The unemployment rate in South Carolina was 11.7% in 2009, which has grown by 4.8% since the previous year. About 20.4% of South Carolina residents have college degrees, which is lower than the national average.

The top industries in South Carolina include engine, turbine, and power transmission equipment manufacturing, textile mills, and plastics products manufacturing. Notable tourist attractions include the S C State Museum, the University of South Carolina, and the Historic Columbia.

CITIES WITH Financial Analyst OPPORTUNITIES IN South Carolina


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 South Carolina 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.
  • 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.

LOCATION INFORMATION: South Carolina

South Carolina
South Carolina photo by Pollinator

South Carolina has a population of 4,561,242, which has grown by 13.69% over the past 10 years. Nicknamed the "Palmetto State," South Carolina's capital and biggest city is Columbia. In 2008, there were a total of 2,579,280 jobs in South Carolina. The average annual income was $32,495 in 2008, up from $31,925 the preceding year. The unemployment rate in South Carolina was 11.7% in 2009, which has grown by 4.8% since the previous year. Approximately 20.4% of South Carolina residents have college degrees, which is lower than the national average.

The top industries in South Carolina include engine, turbine, and power transmission equipment manufacturing, textile mills, and plastics products manufacturing. Notable tourist attractions include the Edventure, the University of South Carolina, and the The Church of Jesus Christ of Latter.