Financial Analyst
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Financial Analyst Salary Information & Pay Scale
Financial Analyst Salary Breakdown
- Entry Level (0-2 years): $55,000
- Mid Level (3-5 years): $75,000
- Senior Level (6-10 years): $87,500
- Expert Level (10+ years): $100,000
Factors Affecting Financial Analyst Salary
- Location: Cost of living varies significantly by city and state
- Experience: Years of experience in financial analyst roles
- Company Size: Larger companies typically offer higher salaries
- Industry: Tech, healthcare, and finance often pay premium salaries
- Skills & Certifications: Specialized skills command higher pay
Financial Analyst Role Overview
What Does a Financial Analyst Do?
Financial Analysts evaluate investment opportunities, market trends, and company performance to provide data-driven recommendations. They create financial models and reports that guide strategic business decisions.
Key Skills for Financial Analysts
These skills are highly valued and can significantly impact financial analyst salary potential.
Career Outlook & Industries
Top Industries:
Career Outlook:
Good prospects with 8% growth driven by complex financial markets
Frequently Asked Questions
What is the average salary for a Financial Analyst?
The average salary for a Financial Analyst is $75,000. However, this can range from $55,000 to $100,000 depending on experience, location, and company size.
What skills are most important for a Financial Analyst's salary?
Key skills that impact a Financial Analyst's salary include Financial Modeling, Excel, Valuation. These technical and soft skills can significantly influence earning potential.
How does location affect Financial Analyst salaries?
Location significantly impacts Financial Analyst salaries. For example, positions in San Francisco typically pay 45% more than the national average, while roles in lower-cost areas may pay 15-20% less.
How much does experience affect Financial Analyst salary?
Experience greatly influences Financial Analyst compensation. Entry-level positions typically start at $55,000, while senior professionals can earn $100,000 or more.
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