What is the average salary for a financial analyst in the US? (2024)

What is the average salary for a financial analyst in the US?

Financial Analysts earned an average salary of $116,770 in 2022.

How much do financial data analysts make in the US?

How much do financial systems analysts make in the US?

The average finance systems analyst salary in the United States is $85,795. Finance systems analyst salaries typically range between $63,000 and $116,000 yearly. The average hourly rate for finance systems analysts is $41.25 per hour. Finance systems analyst salary is impacted by location, education, and experience.

What is the highest salary for a financial analyst?

Financial Analyst salary in India ranges between ₹ 2.1 Lakhs to ₹ 12.0 Lakhs with an average annual salary of ₹ 5.9 Lakhs. Salary estimates are based on 47.8k latest salaries received from Financial Analysts.

What is the lowest salary for a financial analyst?

Financial Analysts made a median salary of $90,680 in 2022. The best-paid 25% made $131,340 that year, while the lowest-paid 25% made $64,390.

How do financial analysts make money?

Independent analysts aim to provide unbiased and objective ratings. Independent analysts receive compensation either from the companies they research, which is called fee-based research, or by selling subscription-based reports.

Is data analyst high paying?

Payscale reports an average annual salary of ₹4,91,296 [2], whilst Indeed lists an average salary for a data analyst at ₹5,57,907 [3]. While this range varies, each salary figure is significantly higher than the average annual salary across all occupations in India, ₹3,87,500 [4].

What is the average salary of a risk analyst in the US?

$115K. The estimated total pay for a Risk Analyst is $114,712 per year in the United States area, with an average salary of $95,140 per year.

What state do financial analysts make the most money?

Is financial analyst a hard job?

The ebb and flow of an analyst's daily activities depend upon factors such as the earnings calendar, the senior analyst's marketing calendar, and whether or not there are research projects in progress. Generally speaking, a day in the life of a junior or senior analyst can be very labor-intensive.

How many financial analysts are there in the US?

The Financial analysts workforce in 2021 was 273,293 people (41.4% women and 58.6% men). This implies an average annual growth of 186% between 2014 (95,598) and 2021 (273,293).

Is financial analyst a good career in USA?

According to U.S. government estimates, employment of financial analysts is projected to grow 8% from 2022 to 2032 (faster than the average for all occupations), with 27,400 new job openings per year in that period.

Do financial analysts make a lot of money?

They Earn a Competitive Salary

In 2021, the average salary in the U.S. for a Financial Analyst was $96,000. Within the field of financial analytics, some professionals earn much more than this. For example, Financial Managers made an average of $132,000 in 2021.

Do financial analysts do a lot of math?

They need both strong math skills—specifically in statistics and probability—and computer literacy, as analysts use software to look at trends and make forecasts. These professionals should also have a good grasp of economics and know how to read and interpret financial statements.

What pays the most in finance?

What is the minimum GPA for a financial analyst?

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.

What is the hardest part of being a financial analyst?

The need to manage risk

Financial analysts need to be able to manage risk effectively. This means being able to identify and assess risks and developing strategies to mitigate those risks. Despite these challenges, analysts play a significant role in the finance sector.

Do financial analysts work long hours?

Work Environment

Financial analysts work in offices. Most work full time, and some work more than 40 hours per week.

How stressful is financial analyst?

High. Stress is not uncommon amongst financial analysts, with daily work sometimes being quite demanding.

What does financial analyst do daily?

A Day in the Life of a Financial Analyst. Financial analysts gather information, assemble spreadsheets, write reports, and review all non-legal pertinent information about prospective deals. They examine the feasibility of a deal and prepare a plan of action based on financial analysis.

Is finance a profitable career?

Finance careers can be very lucrative for high-performing workers, with management roles commonly earning over $150,000 annually and executive salaries often reaching even higher.

Can I make 150k as a data analyst?

So you can, but it's certainly not going to be the norm, and there's a lot of luck and some positioning you have to do to get there, plus having a good boss's boss to help get the whole department paid. 28k/yr as an intern in your senior year of college to 150k/yr as a data analyst with 4 years experience.

Can you make 200K as a data analyst?

Can a data analyst make 200K? Yes, highly experienced data scientists in top-paying industries such as finance or big tech can earn upwards of $200,000 annually.

Can I make 100k as a data analyst?

With a master's in data analytics, you can pursue roles as a quantitative analyst in the finance industry, where salaries can range from $100,000 to $250,000 per year or more, depending on experience and performance.

What is the salary of risk analyst in JP Morgan?

Risk Analyst salary in India is ₹14.6 Lakhs for experience between 1 years to 17 years. Risk Analyst salary at JPMorgan Chase & Co. India ranges between ₹6.5 Lakhs to ₹24.3 Lakhs. According to our estimates it is 93% more than the average Risk Analyst Salary in India.