The average salary for an Entry-Level Financial Analyst is $53,492.
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$41k - $68k
$517 - $10k
$170 - $6k
$5k - $16k
$40k - $71k
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Job Description for Financial Analyst
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.
Popular Employer Salaries for Financial Analyst
The top respondents for the job title Financial Analyst are from the companies J.P. Morgan Chase & Co. (JPMCC), Wells Fargo & Co. and Lockheed Martin Corp. Reported salaries are highest at Wells Fargo & Co. where the average pay is $62,495. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and American Airlines, earning around $60,469 and $58,427, respectively. International Business Machines (IBM) Corp. pays the lowest at around $46,532. Lockheed Martin Corp and Northrop Grumman Corporation also pay on the lower end of the scale, paying $55,486 and $57,584, respectively.
Explore the most common career paths for Financial Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Financial Analyst Job Listings
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Popular Skills for Financial Analyst
Skills in Financial Analysis, Microsoft Excel and Financial Reporting are correlated to pay that is above average. Skills that pay less than market rate include Accounting and Data Analysis.
Pay by Experience Level for Financial Analyst
An early career Financial Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $59,074 based on 14,632 salaries. A mid-career Financial Analyst with 5-9 years of experience earns an average total compensation of $66,991 based on 4,087 salaries. An experienced Financial Analyst with 10-19 years of experience earns an average total compensation of $70,542 based on 1,959 salaries. In their late career (20 years and higher), employees earn an average total compensation of $73,955.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Financial Analyst in their job title in New York, New York earn an average of 15.4% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (6.0% more) and Chicago, Illinois (5.6% more). The lowest salaries can be found in Atlanta, Georgia (0.4% less).
Years of Experience
This data is based on 21,369 survey responses.
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