Financial Analysts with little to no experience tend to make between $52540 and $65350 while the more experienced ones can earn over $116360 per year.
Top 5 paying states
One of the easiest ways to increase your salary as a Financial Analyst is to move to a higher paying state like WY. Right now, the highest paying states for Financial Analysts are WY, NY, CA, CO and NJ.
However a higher pay at WY doesn’t guarantee that you will make more because the living expenses at WY might be twice as high than where you are currently at now.
Three other factors that can increase your salary as a Financial Analyst is the degree you hold, the industry you work in and lastly the company you work for.
coordinate and document internal regulatory processes, such as internal audits, inspections, license renewals, or registrations. May compile and prepare materials for submission to regulatory agencies.
analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
conduct security assessments for organizations, and design security systems and processes. May specialize in areas such as physical security, personnel security, and information security. May work in fields such as health care, banking, gaming, security engineering, or manufacturing.
research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.
analyze and coordinate the logistical functions of a firm or organization. Responsible for the entire life cycle of a product, including acquisition, distribution, internal allocation, delivery, and final disposal of resources.
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Alternative Financing Specialist, Bank Analyst, Banking Analyst, Bond Analyst, Budget Analyst, Chartered Financial Analyst (CFA), Commodity Analyst, Corporate Financial Analyst, Corporate Securities Research Analyst, Corporate Statistical Financial Analyst