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Financial analysts help boost profits and organizational efficiency, control costs, and maximize the value of information systems by first reviewing trends in past and current data, then making calculated recommendations on potential investments as well as other business considerations.
Financial Analysts rank #13 in Best Business Jobs. Jobs are ranked according to their ability to offer an elusive mix of factors. Read more about how we rank the best jobs.
With greater experience and expertise, a senior financial analyst can continue into a supervisory position. A senior analyst in the securities industry often moves up to become a portfolio manager or a fund manager overseeing a team of senior analysts. There may also be an opportunity to enter a senior management role.
Highest paying finance jobsInvestment banker. National average salary: $61,929 per year.Information technology auditor. National average salary: $63,412 per year.Compliance analyst. National average salary: $64,443 per year.Financial advisor.Insurance advisor.Financial analyst.Senior accountant.Hedge fund manager.More items...?
7 Careers You Can Do with a Finance Degree Other Than Banking1) Management Consultant. Management consultants help organizations solve problems, improve business performance, create value and maximize growth.2) Trader/Stockbroker.3) Accountant.4) Financial Manager/CFO.5) Actuary.6) External Auditor.7) Financial Analyst.
Financial analysts work in banks, pension funds, insurance companies, and other businesses. Financial analysts guide businesses and individuals in decisions about expending money to attain profit. They assess the performance of stocks, bonds, and other types of investments.
Employment of financial analysts is projected to grow 6 percent from 2020 to 2030, about as fast as the average for all occupations. About 41,000 openings for financial analysts are projected each year, on average, over the decade.
According to data from the U.S. Bureau of Labor Statistics (BLS), the median annual income for financial analysts across all experience levels in 2020 was $83,660 per year per year (or $40.22 per hour). 4 So, on average, financial analysts start out much better paid than the typical worker.
Companies count on financial analysts to help them make important financial business decisions based on data. They play a critical role in business by examining data and providing actionable information on profitability, solvency, stability, and liquidity.
Top companies for Financial Analysts in United StatesEY. 4.0 $125,022per year. 8219 reviews169 salaries reported.Apple. 4.2 $122,129per year.US Department of Homeland Security. 3.8 $113,160per year.United States Department Of Defense. 4.2 $106,879per year.Oracle. 3.8 $105,751per year.Show more companies.6 days ago