Best Places for Finance Jobs
The finance sector can be one of the most financially rewarding industries in which to work. It can also be one of the most volatile. When considering the best places for finance jobs, it is important to know what motivates you and to research places that will match those criteria.
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Features
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Two key factors determine the best places for finance jobs: geography and corporate profile. Geographic location plays an important role because some cities feature a higher concentration of finance jobs than others. Cost of living becomes a relevant factor when comparing cities as well. A company's profile helps job seekers identify whether the corporate culture, benefits and other considerations match their desires.
Best Cities
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When considering the best cities for finance jobs, cost of living is one of the most important considerations. While many of the world's largest cities are the best places for finance jobs, they are also the most expensive places to live. Investopedia.com, a Forbes Company, recommends Boston, Chicago, New York and San Francisco as the best large cities in the United States for finance jobs. Inc. Magazine's annual list of best cities for jobs provides several mid-sized options including Fort Myers, Florida; Pensacola, Florida; Springfield, Missouri; Charleston, South Carolina; and Ogden, Utah.
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Best Companies
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Each year Fortune Magazine publishes a list of the 100 best places to work based on management's credibility, job satisfaction, camaraderie and benefits. For finance companies in particular, significant considerations include a company's ability to navigate difficult times, whether they have had layoffs and overall stability. Finance companies consistently included on this list are Edward Jones, Goldman Sachs, Principal Financial Group, Johnson Financial Group, Quicken Loans, Umpqua Bank, KPMG, PricewaterhouseCoopers and Scottrade.
Types
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Job seekers should not limit themselves to the finance industry when considering the best places for finance jobs. Every industry needs financial expertise. Consider in-house corporate jobs in corporate finance, asset management, strategic planning, investor relations or accounting. Other places for finance jobs include financial journalism, financial regulatory agencies and private consulting practices.
Considerations
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The best place for a new finance job may be at your current employer. According to eFinancialCareers, almost 40 percent of all jobs filled in the financial sector were from internal transfers and promotions. As jobs become available, fewer companies are looking outside for replacement but filling them with existing employees.
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