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What is the salary range fora financial analyst?

#financial-analyst #salary

salary financial-analyst
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Doug’s Answer

Entry level Financial analysts typically earn in the range of $50,000 - $65,000, with subsequent increases based in performance.
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Jack’s Answer

It will depend on a lot of things including where the job is (New York City salaries are high but so is the cost of living), the industry and amount of experience. Starting out, people might make more money if they have a Master's degree or a Ph.D.

The U.S. Bureau of Labor Statistics (BLS) publishes information about wages by occupation in large cities in its "Occupational Employment Statistics", here's a link as of May 2020:
https://www.bls.gov/oes/current/oessrcma.htm

The closest job to a Financial Analyst that I found in the BLS data was Management Analyst (13-1111). The average wage for a Management Analyst in Tampa in 2019 was $78,570. Keep in mind that this is an average that includes all levels of experience and education.

Hope this helps and good luck!
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Craig’s Answer

Hi there,

It really depends on factors such as type of industry, experience, skills sought after, education requirements, job location, and the position's responsibilities. Financial analyst is a broad title as many companies have different "asks". You can refer to data provided by BLS, Glassdoor, staffing agencies, job search engines, and relevant company listings.
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Ashley’s Answer

Financial analysts who are just starting out usually earn a base salary that falls between $50,000 and $75,000. This can vary based on the industry they work in and their level of experience. As of now, most Financial Analysts in the United States are earning between $70,000 (25th percentile) and $110,500 (75th percentile). Those who are in the top 10% of earners are making as much as $116,500 each year.
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Kandarp’s Answer

Hi Jairon,

As others noted, it will all depend on the skills and experiences you bring, the industry you work in, and where you live. To directly answer, it could be anywhere from $50,000 - $150,000, including bonuses and stock.

When you are first starting out in an entry level financial analyst role, I would focus less on the money. I would try to find the place that has the most opportunity for you to learn and grow your career versus a place with a higher starting salary but limited potential. If you pick up relevant skills on the job, you will be in more demand in the future which will only increase your lifetime earnings.
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Alexandra’s Answer

Hi Jairon,

Like everyone said here, it depends on different factors: industry, company size, years of experience, skills, degrees, etc. According to Glassdoor is $51K-$86K/year and according to Payscale is $67K-$120K:
- https://www.glassdoor.com/Salaries/washington-dc-financial-analyst-salary-SRCH_IL.0,13_IM911_KO14,31.htm
- https://www.payscale.com/research/US/Job=Senior_Financial_Analyst/Salary/c4018497/Washington-DC


My advice to you is not to care too much about the money. It's more important to do what you like than how much money you are earning.
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Sharhonda’s Answer

It depends on geography, industry, skill set, etc. Here in Texas higher salaries are found in the larger cities like Dallas and Houston but comparable jobs in smaller areas, albeit still decent size cities, pay less. Analysts in the financial, oil/gas and tech fields tend to command higher starting wages too. At least this has been my experience.
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Riley’s Answer

In the United States, the average salary for this job ranges from $45,000-$80,000. However, in Tampa the average salary is $40,000-$70,000.
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Kevin’s Answer

Great question. Several factors impact the salary of any job, such as geography, industry and specific work responsibilities. You should check out Glassdoor https://www.glassdoor.com/index.htm for additional insight. Good luck.

Kevin recommends the following next steps:

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