<p>Considering the financial system in Europe is on fire, this doesn’t bode well for finance jobs in the entire globe.</p>
<p>If you’re just getting started with college, the finance market might recover enough in other countries where you could have a job prospect, but likely in the U.S. and the peripheral countries in Europe, the finance job market will remain sour.</p>
<p>I’d suggest if you really do like finance, that you begin looking at international companies now, go to their websites, look at openings, and see what they’re looking for. Do not restrict your job opportunities to the U.S. if you are thinking about a degree in finance.</p>
<p>And if you are only able to look for a finance job in the U.S. because of extraneous circumstances, then you would be better off considering an alternate career path.</p>
<p>If the whale J.P. Morgan blows up, it will not be pretty for the financial sector globally. If you think Lehman, Washington Mutual, and Wachovia were bad, then all I have to say is, hahaha.</p>
<p>One last thing to consider if you do want to do finance is to look at International Universities. They can be somewhat inexpensive relative to American Institutions. For instance, Hanze in the Netherlands. Tuition per year for non-EU students is 7,500 Euros. If you’re frugal with the cost of living, housing and food might be about 600 a month. All together a year there might cost around 19,000 USD per year (For 4 years). Compared to the insane price of private institutions here, for me it’s a place worth considering.</p>