What state do financial analysts make the most money? (2024)

What state do financial analysts make the most money?

Topping the list is New Jersey, with Wyoming and Wisconsin close behind in second and third.

What state pays financial analysts the most?

Highest paying cities for Financial Analysts near United States
  • Washington, DC. $90,200 per year. 162 salaries reported.
  • New York, NY. $83,272 per year. 327 salaries reported.
  • Houston, TX. $82,527 per year. 170 salaries reported.
  • Dallas, TX. $79,627 per year. ...
  • Los Angeles, CA. $79,061 per year. ...
  • Show more nearby cities.
Apr 15, 2024

Who pays most to financial analyst?

Top Paying Companies
1Google$205,338
2Meta$194,968
3X$182,520
4Dropbox$181,787
5Workday$177,215
5 more rows

What state do finance majors make the most?

New York

Where is the best place to be a financial analyst?

The number-one location in the U.S. for Financial Analysts is San Francisco. There are currently more than 7,000 jobs available for qualified professionals. Salary rates for Financial Analysts are the highest in the country; the average annual pay is $138,000.

What is the best state for finance jobs in the US?

Overall, New York ranks as the top state to pursue a career in finance or accounting, with a finance career score of 9.65 out of 10. The state also has the highest average accounting and finance salary of any state - $117,000 a year.

Which city is best for finance jobs in USA?

New York City is typically considered the finance capital of the world. Many of the largest investment banks, including Goldman Sachs,15 Morgan Stanley,16 and Merrill Lynch,17 are headquartered in New York City.

Do Financial Analysts make more money than accountants?

Financial analysts tend to work with the overall picture of economic trends and market movements to forecast financial situations. A career in accounting may be ideal if you enjoy examining data like auditing and reviewing financial statements. Financial analysts may make more money on average than accountants.

What is higher than a financial analyst?

In the corporate world, senior analysts can become treasury managers supervising working groups within their departments. A standout performer may rise through the ranks to become a chief financial officer (CFO) or chief investment officer (CIO) responsible for all of the company's financial activities.

Can you make a lot of money as a financial analyst?

It's a lucrative and interesting career, and financial analysts can expect to make around $85,000 per year, but that number is going to look very different depending on the route an individual financial analyst takes.

What is the hardest finance job to get?

1. Investment Banker. Roles in investing banking are highly sought after. For investment bankers, it's often a higher competition to land a role in one of the largest firms.

What is the most respected degree in finance?

Chartered Financial Analyst (CFA) Certification

The CFA designation is highly sought after by finance professionals around the world. It consists of three levels and takes an average of about 4 years to complete all 3 levels. It is widely regarded as one of the top finance certifications.

Where do most finance majors end up?

7 finance degree jobs
  1. Fintech business analyst. New technologies and consumer appetite for transparent products have made financial technology—or fintech—companies see enormous growth [2]. ...
  2. Impact investing analyst. ...
  3. Financial analyst. ...
  4. Commercial banker.
Jan 17, 2024

Is it better to be a financial advisor or analyst?

The average income for both careers is significantly higher than the national average salary. Financial analysts' income is generally more stable, as most of it comes from salary, whereas financial advisors are often paid at least in part on commission.

What GPA do you need to be 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.

Is financial analyst a stable job?

Careers in the field of finance generally provide a high level of job security. Because finance is an essential industry, the need for qualified Financial Analysts is a constant, regardless of market conditions.

What is the best state to be a financial advisor?

The highest salaries for financial planners are in Connecticut, Maine, Rhode Island, New York and New Jersey. States such as the District of Columbia, Florida and North Carolina offer high salaries for financial advisors because of the large number and high concentration of financial companies in these states.

What is the demand for financial analysts in the US?

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.

What is the easiest state to get a job in?

These Are the 10 Best States for Jobs:
  • Utah.
  • South Dakota.
  • Nebraska.
  • North Dakota.
  • Idaho.
  • Colorado.
  • Montana.
  • Minnesota.
May 4, 2023

Where is the financial hub of USA?

New York City is not only the financial capital of America but also of the world. While the city's financial dealings grew out of Wall Street, at the southern tip of Manhattan, large financial institutions and companies are now spread out throughout the city.

Where do top finance firms hire from?

Three of the top schools that investment banks consistently interview and hire from include the University of Pennsylvania, New York University, and the University of Michigan at Ann Arbor. Beyond the top schools, the Ivy League schools, such as Harvard, are also key spots that investment banks look to hire from.

Is there a high demand for finance majors?

The U.S. Bureau of Labor Statistics (BLS) projects that business and finance jobs will be in demand from 2022 to 2032, with 911,400 openings on average each year. Certain roles within finance, like financial examiner, are expected to grow over six times faster than the rate for all occupations nationwide.

How much do CFA vs CFP make?

– The CFA Institute says a CFA charter holder can earn between $126,000 and $177,000. – Comparably.com data from Feb. 2023 shows the average CFP salary in the U.S. is $121,099. The total range is between $39,300 and $187,200.

Is CFA or CPA harder?

CFA vs CPA Exam difficulty

Both are challenging and require gaining skills and knowledge in complex topics. However, the CPA Exam generally requires less studying - around 80 to 120 hours per section compared to 300 hours per section of the CFA Exam, and the CPA Exam also has a higher pass rate.

Is financial analyst harder than accounting?

Taking into account those personality differences, there are also differences in the content of finance and accounting that can determine that one is harder than the other. Generally speaking, people consider accounting majors to be more difficult to study and pass than finance majors.

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