5 Cities Booming with Finance Jobs

1. New Jersey

Several big finance jobs are popping up in and around New Jersey. New Jersey has always benefited from its proximity to the financial center of New York City. Businesses that want to be close to the Big City but do not want to pay the taxes associated with that state set up shop in New Jersey. This means that there are jobs paying just as well as in New York that need MBAs to fill them. The general atmosphere and proximity to New York make job hunting in this state worth doing.

2. Salt Lake City

Utah’s capital ranks high in professional opportunities and quality of life. Salt Lake City’s strengths were income growth, unemployment rate, and millennial newcomers. With the fourth-lowest unemployment rate in the nation, Utah has a good, stable economy. They also have the fourth-most “diverse” economy in the nation. Utah boasts that its residents are “highly educated and skilled,” which also contributes to its booming economy. Salt Lake City Homes for Sale is pretty new, which states that the majority of homes still standing were built in the decade 2000-2010. So there’s certainly a good chance of not just finding a home here, but finding a brand new one, at that.

3. New York City

New York City is typically considered the finance capital of the world. Many of the largest investment banks, including Goldman Sachs, Morgan Stanley, and Merrill Lynch, are headquartered in New York City. So too are several large banks, including Citigroup and JP Morgan. Nearly every large global financial institution has a presence in New York. The city lost a large number of jobs during the credit crisis, but Wall Street is still the place to be. The city that never sleeps is a hot spot for culture and nightlife with Broadway plays, fine dining, music and museums, clubs and bars, and sporting events.

4. Pittsburgh 

In once-gritty Pittsburgh, financial services are now the largest contributor to the regional GDP. Long seen as a backwater, the area has begun to lure the kind of highly trained workers used by financial firms. Financial employment there has grown by nearly 7% since 2009. The strongly reviving local economy spans everything from energy to medical technology.

5. Washington, DC

The Washington, DC, metro area is home to one of the most affluent and educated populations in the United States, so it won’t come as too much of a surprise to learn that the nation’s capital is also a booming business hub. Washington is one of the highest-ranked cities for open positions in business and finance. Washington, DC, also boasts the nation’s highest median hourly wage for business grads at $42.74, making it a great place to get a return on your educational investment.