1 answer
Parker
Student
Elk River, Minnesota
3
Questions
Asked
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What area in Central Minnesota has the best opportunity for Financial Analysts ?
I am a sophomore in high school and realize I will probably not be able to apply for a job like this any time soon, but it would be interesting to have a grasp on what is the best area for this application. I may have some sort of an idea, but I could be wrong.
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1 answer
Christopher Bain
Director, Performance Measurement (Ops Finance Related)
7
Answers
Lexington, Kentucky
Updated
Christopher’s Answer
Hi Parker,
Although I am not familiar with your area, there are a few universal tips I can give you. The first thing to consider is what type of financial analyst you are interested in being. You would be surprised to know perhaps that there are many different "flavors" of financial analysts. This will help determine the feasibility of the geography.
For example, if you want to be a hedge fund analyst (investment analyst), you will most likely need to move to New York City, Chicago, or a similar city where trading occurs. There are always niche cases of course. These analysts have to be masters of the economy and asset valuation. If your area has a lot of industrial type Companies and you are interested in corporate finance work, then you will not have to relocate most likely. This type of work frequently involves forecasting business expectations, budgeting, analyzing opportunities for your Company, and reporting financials monthly.
You can see that the type of work will have a strong influence on your geography!
Some good news is that there is a rapidly increasing trend of "Remote" jobs. These mean you can work for whoever you want from home so long as they offer it. They are no different from an "on-site" analyst other than you do not have to be in the same physical location / office. This is great because it does not limit you too much on the opportunites. You can go to IinkedIn.com to search for "Remote" jobs as a financial analyst to get a sense for how common this is, and the types of companies that offer this. One caveat is that these will tend to be more of the corporate financial analyst type jobs than the investment analyst positions.
Hopefully this helps you and good luck!
LinkedIn
Although I am not familiar with your area, there are a few universal tips I can give you. The first thing to consider is what type of financial analyst you are interested in being. You would be surprised to know perhaps that there are many different "flavors" of financial analysts. This will help determine the feasibility of the geography.
For example, if you want to be a hedge fund analyst (investment analyst), you will most likely need to move to New York City, Chicago, or a similar city where trading occurs. There are always niche cases of course. These analysts have to be masters of the economy and asset valuation. If your area has a lot of industrial type Companies and you are interested in corporate finance work, then you will not have to relocate most likely. This type of work frequently involves forecasting business expectations, budgeting, analyzing opportunities for your Company, and reporting financials monthly.
You can see that the type of work will have a strong influence on your geography!
Some good news is that there is a rapidly increasing trend of "Remote" jobs. These mean you can work for whoever you want from home so long as they offer it. They are no different from an "on-site" analyst other than you do not have to be in the same physical location / office. This is great because it does not limit you too much on the opportunites. You can go to IinkedIn.com to search for "Remote" jobs as a financial analyst to get a sense for how common this is, and the types of companies that offer this. One caveat is that these will tend to be more of the corporate financial analyst type jobs than the investment analyst positions.
Hopefully this helps you and good luck!
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