The average salary for a Financial Analyst is $60,906.
Tell us about your job and pay factors like skills and education Find your market worth with a report tailored to you Negotiate your pay with confidence
What Do Financial Analysts Do?
Corporations and businesses typically have a responsibility to shareholders and owners to use earned income in a way that builds company wealth. A financial analyst carefully studies marketplace trends, demographics and microeconomic factors to help the company make smart investments. The financial analyst may also provide advice to companies on issuing their own bonds, splitting stock and other areas of concern.
One of the most important roles for a financial analyst is to fully understand how…Read more
Financial Analyst Tasks
- Provide financial analysis support to various areas of the company.
- Prepare detailed annual financial budget and monthly financial forecasts.
- Assist with preparation of weekly, monthly and quarterly financial analysis schedules of actual vs. budget variances.
Job Satisfaction for Financial Analyst
Popular Employer Salaries for Financial Analyst
The top respondents for the job title Financial Analyst are from the companies Lockheed Martin Corp, J.P. Morgan Chase & Co. (JPMCC) and The Boeing Company. Reported salaries are highest at Booz, Allen, and Hamilton where the average pay is $68,451. Other companies that offer high salaries for this role include Amazon.com Inc and The Boeing Company, earning around $68,287 and $66,348, respectively. International Business Machines (IBM) Corp. pays the lowest at around $55,447. Lockheed Martin Corp and J.P. Morgan Chase & Co. (JPMCC) also pay on the lower end of the scale, paying $59,753 and $64,795, respectively.
Financial Analyst Job Listings
What Are Popular Skills for Financial Analysts?
Skills in Financial Analysis, Financial Reporting and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.
What is the Pay by Experience Level for Financial Analysts?
An entry-level Financial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $54,618 based on 2,550 salaries. An early career Financial Analyst with 1-4 years of experience earns an average total compensation of $60,069 based on 13,130 salaries. A mid-career Financial Analyst with 5-9 years of experience earns an average total compensation of $68,234 based on 3,624 salaries. An experienced Financial Analyst with 10-19 years of experience earns an average total compensation of $71,539 based on 1,662 salaries. In their late career (20 years and higher), employees earn an average total compensation of $74,891.
Pay Difference by Location
Employees with Financial Analyst in their job title in New York, New York earn an average of 12.1% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (10.4% more) and Houston, Texas (8.9% more). The lowest salaries can be found in Dallas, Texas (0.9% less).
Years of Experience
This data is based on 21,579 survey responses.