New York, aka the City That Never Sleeps, is like Mecca for driven, up-at-all-hours graduates of business schools. So why not start your MBA education in the state? New York State has the 15th largest economy in the world and the third largest in the U.S. To top that off, the state is home to 94 of the nation's Fortune 500 companies--that's nearly 20 percent of the nation's biggest moneymaking entities, and many are located in New York City.
Sectors with the largest number of jobs in New York include professional and business services; educational and health services; and trade, transportation and utilities, according to the Bureau of Labor Statistics. New York City--or any of the state's large cities or small towns--could be a place for you to put your education from one of the business schools in New York to work.
New York's Financial Sector Offers Opportunities for MBA Grads
New York is among the five best states for accounting/auditing and personal financial advising employment. It is also the top state among accountants for annual mean wages, sitting at a cushy $85,070. These are predicted to grow by 9 to 17 percent during the 2008 to 2018 decade and could be promising for students of MBA schools in New York who are working toward a concentration in either accounting or finance. (www.bls.gov, 2011)
Financially oriented graduates of MBA programs in New York may also be attracted to New York's banking scene, which includes big names such as J.P. Morgan & Co., and Goldman Sachs Group. Although the bulk of the state's Fortune 500 companies are located with the city, opportunities could still be available for those wanting to commute from outlying--and more affordable--suburbs.