Finance Analyst
Finance Analyst Job Description
Financial Analysts Conduct quantitative analyses of information affecting investment programs of public or private institutions.
Finance Analyst Salary Statistics as of 2015
Average annual salary for a Finance Analyst is $54791 based on statistics in the U.S. as of 2015. The highest salary recorded was $80114. The lowest salary reported was $36370. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Finance Analyst is $15 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $17.5. The lowest hourly rate recorded was $12.5. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Finance Analyst are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $976 from people with 15+ years of experience. The average bonus recorded was $1526 from people with under 1 year of experience.
These are the highest paying states for a Finance Analyst. These numbers are based of the median annual salary as of 2015.
California – $49,190 – $90,497
Florida – $31,340 – $68,537
Massachusetts – $37,200 – $78,647
Michigan – $35,759 – $80,537
New York – $40,268 – $69,408
Texas – $35,479 – $94,423
Washington – $53,940 – $83,454
These are the highest paying cities for a Finance Analyst. These numbers are based of the median annual salary as of 2015.
New York, New York –
Boston, Massachusetts –
Houston, Texas –
Los Angeles, California –
Atlanta, Georgia –
Seattle, Washington –
Charlotte, North Carolina –
This chart outlines the average annual salary of a Finance Analyst from the past 5 years. In 2015 the average annual salary was $54791 while in 2007 it was just $50812.22
Requirements
The secret to being a good financial analyst is having a keen mind for the markets. You need to be spot on about the research you do and the decisions your team makes. These decisions will impact how much you earn for your firm, and how successful they are in terms of quarterly and annual earnings. While there is no such thing as commission in the finance world, your eventual promotions and salary increases will depend heavily on how much of an asset you are.
How To Become a Finance Analyst
Getting into a financial analyst position is probably the hardest step in this field. You need to be an excellent student who has graduated from a top college. You need to come with a great resume, good recommendations, and something that stands out. This will make companies take you seriously. They want to see someone who can clearly work all hours, and someone who has a keen financial brain. If you think you possess these qualities, then you will do well as a financial analyst. Just remember, the first few years are the toughest. You will work longer hours, be expected to do more grunt work, and reap far less benefits. If you can survive this time, you are looking at a long and storied career in the financial world, with plenty of benefits.
Job Outlook
Gender Statistics |
Related Jobs |
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56%
44%
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Based on our stats gathered across the U.S. 56% of Finance Analysts were males while 44% were females. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.
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Past Jobs Financial Analyst |
Future Jobs Finance Manager |
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