Financial Analyst Salary

financial analyst SalaryBasic Financial Analyst Salary Information:

The Financial Analyst salary stretches from $40,138 – $80,821. This gives the job an average salary of $56,196. What a financial analyst does is basically provide the information needed to make a profitable financial investment. They give their insight to guide businesses to achieve maximum profit. This is very important task and a lot depends on their work, and for that they are paid a lot. This is not all. The salary of a financial analyst also varies depending on the state or province he or she is working in and also the number of experience he or she has.

State or Province

Salary Data

California

$43,573 – $85,574

Texas

$41,284 – $78,853

New York

$41,984 – $83,816

Illinois

$42,452 – $71,448

Florida

$35,808 – $68,674

Massachusetts

$45,506 – $77,320

Pennsylvania

$39,338 – $70,753

Years’ Experience

National Salary Data

Less than 1 year

$35,034 – $61,315

1-4 years

$39,695 – $68,687

5-9 years

$45,819 – $80,963

10-19 years

$46,339 – $90,608

20 years or more

$48,174 – $103,163

In the two tables above you can see the difference geographical location and experience can bring to the field of financial analysts. The first table shows us the top paying states for the profession of financial analyst. In that table you can see the top paying is California. In the second table you can see  how much does a  financial Analyst make with number of experience a financial analyst has.

Other Factors and Influences that determine Financial Analyst salary:

The Financial Analyst Salary  is often compared to the salary of a Wedding PlannerThe most obvious factors excluding geographical location and experience are Education and the industry setting of the job. You get paid differently depending on the level of certification you have, and the type of industry setting you are working on. For instance some of the popular degrees are:

  • Bachelor’s Degree – $39,949 – $71,811
  • Master of Business Administration – $44,297 – $88,126
  • Bachelor of Science, Finance – $40,670 – $71,372
  • Bachelor of Business Administration, Finance – $39,540 – $66,984
  • Master of Business Administration, Finance – $44,205 – $101,806

Also some of the most popular Industry setting for the professional of a financial analyst are:

  • Financial Services – $38,446 – $68,214
  • Health Care – $38,462 – $68,610
  • Banking – $37,905 – $67,119
  • Information Technology (IT) Services – $38,385 – $70,181
  • Aerospace and Defense – $40,825 – $73,912

Financial analyst is a really great job, one that requires you to understand the market better than anyone. If you know the market, nothing can stop you.