Fin 320 Project One Financial Analyst Job Aid (2024)

FAQs

What is the lowest salary for a financial analyst? ›

While ZipRecruiter is seeing salaries as high as $116,455 and as low as $37,996, the majority of Financial Analyst salaries currently range between $69,100 (25th percentile) to $109,100 (75th percentile) with top earners (90th percentile) making $114,974 annually in California.

A financial analyst is responsible for a wide range of activities including gathering data, organizing information, analyzing historical results, making forecasts and projections, making recommendations, and generating Excel models, presentations, and reports.

Financial Analyst salary in India ranges between ₹ 2.1 Lakhs to ₹ 12.5 Lakhs with an average annual salary of ₹ 6.0 Lakhs.

According to a survey by the CFA Institute, about 55% of financial analysts indicated that managing expectations and interactions with senior management was one of the most stressful aspects of their job, as it affects not only their analytical skills but also their communication and interpersonal skills.

According to the U.S. Bureau of Labor Statistics, the median financial analyst salary is around $85,000, but this number can be misleading because the average financial analyst salary is closer to $100,000 due to the extreme growth in earnings over time.

Pay and job outlook

The national average salary for accountants is $54,603 per year , while the national average salary for financial analysts is $71,345 per year . Financial analysts typically make more money than accountants, and they often have higher starting salaries.

How much does a Financial Analyst make? The estimated total pay for a Financial Analyst is $110,738 per year, with an average salary of $79,238 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

The Financial Analyst II is distinguished from the Financial Analyst I in that the Financial Analyst II performs assignments of moderate complexity and works with greater independence whereas the Financial Analyst I performs assignments that are more routine and narrower in scope.

Do financial analysts work from home? ›

Work from home financial analysts often measure key performance indicators, produce reports on request, ensure data integrity, and support regulatory compliance activities. This is a remote, home-based position, though some companies may occasionally ask you to visit the office to attend meetings or give reports.

At the entry-level, you'll usually work between 40 and 50 hours per week. However, that varies based on the group and the time of year. For example, FP&A Analysts might work more like 50-60 hours per week because the role tends to be more strategic and involves more interaction with management.

Education. Most entry-level positions for financial analysts require a bachelor's degree; a common field of degree is business. Some employers prefer to hire job candidates who have a master's degree.

How much does a Financial Analyst make? The estimated total pay for a Financial Analyst is $110,738 per year, with an average salary of $79,238 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

Entry Level Finance Manager Salary. $94,500 is the 25th percentile. Salaries below this are outliers. $168,000 is the 90th percentile.

Not only do Financial Analysts make good money, but this profession offers most people opportunities for professional advancement. For those who have newly graduated from a bachelor's program, internships at banks and financial institutions are available. In addition, entry-level Analyst positions are also an option.

Minimum GPA: Minimum cumulative 3.3 GPA required, 3.5 GPA preferred. Certifications: All are optional: Chartered Financial Analyst® (CFA), Certified Public Accountant® (CPA), or MBA.