Boston, MA (population: 610,407) has six banking schools within its city limits. Boston University, the highest ranked school in the city with a banking program, has a total student population of 31,960. It is the 32nd highest ranked school in the USA and the 5th highest in the state of Massachusetts (#1 is Harvard University).
Banking students from Boston schools who go on to become bankers, tellers, investment bankers, financial managers, etc. have a good chance at finding employment. For example, there are 153,720 people working as financial specialists alone in the US, and their average annual salary is $64,810. Also, Business and financial operations employees make on average $65,900 per year and there are about 6,063,670 of them employed in the US today. In fact, in the Boston-Cambridge-Quincy NECTA area alone, there are 112,790 employed business and financial operations employees earning an average salary of $81,820. Financial specialists in this area earn $75,190/yr and there are 2,710 employed.
Boston lies in Suffolk county, which is one of the 12 counties in Massachusetts. Overall, the Boston-Cambridge-Quincy NECTA area has 1,685,900 total employed workers according to the US Bureau of Labor Statistics, with a 0.6% unemployment rate, $28.04/hr average worker wage, and a $58,330 average annual salary. Thus, about 1.606 out of every 1000 jobs in Boston are held by financial specialists, and 66.901/1000 are held by business and financial operations employees.
Of the 6 banking schools in Boston, only 4 have a student population over 10k. After taking into account tuition, living expenses, and financial aid, Simmons College comes out as the most expensive ($34,498/yr) for banking students, with Bunker Hill Community College as the lowest, reported at only $7,745/yr.
|Name||State||Population||# of Schools||Avg School Rank||Total Programs||Distance from Boston|
|Chestnut Hill||MA||-||2||53.2355||134||7.8 miles|
|North Andover||MA||-||1||30.19||56||25.5 miles|
|North Attleborough||MA||43,307||0||-||0||30.1 miles|
|East Providence||RI||48,249||1||29.3002||11||41.2 miles|