• Thu. Sep 21st, 2023

Best States to Pursue a Career in Finance

Thinking of pursuing a career in finance? Although it’s a lucrative career path, the field is highly competitive. In a recent study, Tipalti (opens in new tab) found which states were the best to pursue a career in finance or accounting by analyzing the number of jobs available, average salaries and university rankings. They also determined the best-paying jobs for finance graduates. 

Here’s which states ranked best for a career in finance. 

1. New York

A view of the New York City skyline.

(Image credit: Getty Images)

  • Total Number of Accounting Jobs Available: 10,213
  • Total Number of Finance Jobs Available: 9,244
  • Accounting and Finance Average Salary: $117,000
  • Average World University Rankings Accounting and Finance Score: 79.70
  • Finance Career Score /10: 9.65

2. Minnesota

An image of the University of Minnesota, East Bank campus, in Minneapolis.

(Image credit: Getty Images)

  • Total Number of Accounting Jobs Available: 2997
  • Total Number of Finance Jobs Available: 2,130
  • Accounting and Finance Average Salary: $107,000
  • Average World University Rankings Accounting and Finance Score: 62.80
  • Finance Career Score /10: 8.80

3. Illinois

A view from Illinois.

(Image credit: Getty Images)

  • Total Number of Accounting Jobs Available: 6,719
  • Total Number of Finance Jobs Available: 5,240
  • Accounting and Finance Average Salary: $114,000
  • Average World University Rankings Accounting and Finance Score: 35.70
  • Finance Career Score /10: 8.76

4. New Jersey

Aerial photo of the Pulaski Skyway bridge connecting Newark and Jersey City at sunset.

(Image credit: Getty)

  • Total Number of Accounting Jobs Available: 4,472
  • Total Number of Finance Jobs Available: 3,361
  • Accounting and Finance Average Salary: $113,000 
  • Average World University Rankings Accounting and Finance Score: n/a
  • Finance Career Score /10: 8.30

5. Maryland

H.J. Patterson Hall rests on the College Park campus of the University of Maryland. Prince George's County, Maryland.

(Image credit: Getty Images)

  • Total Number of Accounting Jobs Available: 2,997
  • Total Number of Finance Jobs Available: 2,206
  • Accounting and Finance Average Salary: $109,000
  • Average World University Rankings Accounting and Finance Score: 54.50
  • Finance Career Score /10: 8.20

6. Pennsylvania 

A picture of the Philadelphia skyline.

(Image credit: Getty Images)

  • Total Number of Accounting Jobs Available: 6,060
  • Total Number of Finance Jobs Available: 4,368
  • Accounting and Finance Average Salary: $106,000
  • Average World University Rankings Accounting and Finance Score: 71.87
  • Finance Career Score /10: 8.10

7. Virginia

A picture of waterfront townhomes in Virginia.

(Image credit: Getty Images)

  • Total Number of Accounting Jobs Available: 4,555
  • Total Number of Finance Jobs Available: 3,185
  • Accounting and Finance Average Salary: $104,000
  • Average World University Rankings Accounting and Finance Score: 33.02
  • Finance Career Score /10: 7.48

8. Florida

Florida State University historic buildings in Tallahassee.

(Image credit: Getty)

  • Total Number of Accounting Jobs Available: 10,265
  • Total Number of Finance Jobs Available: 6,468
  • Accounting and Finance Average Salary: $115,000
  • Average World University Rankings Accounting and Finance Score: 34.74
  • Finance Career Score /10: 7.14

9. Georgia

Atlanta skyscrapers as seen by a camera lofted by kite over Piedmont Park.

(Image credit: Getty)

  • Total Number of Accounting Jobs Available: 4,963
  • Total Number of Finance Jobs Available: 3,040
  • Accounting and Finance Average Salary: $113,000
  • Average World University Rankings Accounting and Finance Score: 35.99
  • Finance Career Score /10: 6.94

10. Connecticut

The image shows a view of the downtown of New London, Connecticut from a boat in the Long Island Sound with the Coast Guard cutter Eagle, a sailing ship, docked in the port.

(Image credit: Getty)

  • Total Number of Accounting Jobs Available: 2,078
  • Total Number of Finance Jobs Available: 1,532
  • Accounting and Finance Average Salary: $101,000
  • Average World University Rankings Accounting and Finance Score: 31.40
  • Finance Career Score /10: 6.88


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