Chartered Financial Analyst Salary

salary CFA

Basic Chartered Financial Analyst Salary Information:

The CFA salary is at around $79,020. A CFA is a financial analyst but with a Chartered degree. This means that he is a member of the financial advisory of a country. A CFA degree is one of the highest degrees when it comes to accounting. Although the pass rate of this is low, the benefits and salary are really high. The salary of a CFA can be from $48,499 – $119,100. That a lot of money and with the perfect location and the certain year of experience the salary increases by a lot. Below are two tables that will represent how much does a CFA make  by experience and geographical location.

State or province

Average range of salary

California

$48,339 – $103,322

New York

$48,479 – $104,160

Illinois

$65,434 – $100,000

Georgia

$58,065 – $71,216

Texas

$51,220 – $85,000

 

Experience

Average Range of salary

Less than a Year

$55,000 – $100,000

1 to 4 years

$43,852 – $102,129

5 to 9 years

$48,793 – $103,042

10 to 19 years

$48,177 – $123,646

The first table shows that the salary differs a lot depending on the location a person is employed in. The second table shows the difference in the average salary of a CFA as a person get more experienced. As you can see the highest paying state Is New York and with enough experience you can get as much salary as over $120,000.

Other Factors and Influences that determine Chartered Financial Analyst salary:

The Chartered Financial Analyst salary is often compared to the salary of a Sales ManagerA Chartered Financial Analyst’s (CFA) average salary will vary based upon job type, years of experience, employer type, and various other factors. Company size and education doesn’t necessarily matter as CFA is one of the highest degrees when it comes to accounting and the average salary of a CFA. One of the biggest factors is the type of industry. The salary will vary depending on the fact if the person is working is a company or a private firm. A private firm pays more than a company.

  • Company – $49,367 – $102,947
  • Private Practice/Firm – $45,999 – $121,198

Secondly, what matters is the industry type. You can see this below:

  • Financial Services – $48,047 – $101,550
  • Investment Banking – -$55,000 – $100,000
  • Banking – $51,903 – $130,000
  • Investment Services – $60,000 – $90,000
  • Investment Consulting – $65,000 – $98,264

Being a CFA is not an easy task. It is one of the highest degrees to get in this generation. But you can become a CFA nothing can hold you back, and I mean nothing.