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I do hear Portland being a laid back city, but from a commercial perspective, are there any jobs/opportunities for work/internship etc. Specially for someone in finance sector ?
There will not be as many opportunities in the finance sector as there would be in NY, LA, or Chicago... but there will still be opportunties. Most likely they will not be with the biggest or best firms, especially since they will be less likely to recruit there.
Portland is also known for large amounts of rain in the winter, and hot summers. It's a beautiful place to live. My roommate in college was from portland (awesome guy) and he absolutely loved it there. It does not have a huge amount of diversity, but has a nice downtown (with skyscrapers) and plenty to do. They have some great college sports teams to follow, and the nike headquarters is up there. There are a lot of good things about portland, but I would not consider a "financial hub" of any sort. So depending on what type of finance you want to be in, you may have to look outside the city for the best positions. But of course, just like any big city, there will be plenty of corporate finance jobs. There will be less investment banking, private equity, etc... b/c these types of jobs only exist in there greatest form in the largest cities.
Overall, I think it is a great place to live, but might not have the most robust job prospects for finance. I would contact the schools career department and see what they say about finance jobs in that area b/c they will be much more of an expert in this area than I will.
Good luck!
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