Financial Analyst/Advisor

Quick Facts: Financial Analysts
2012 Median Pay $76,950 per year
$37.00 per hour
Entry-Level Education Bachelor’s degree
Work Experience in a Related Occupation None
On-the-job Training None
Number of Jobs, 2012 253,000
Job Outlook, 2012-22 16% (Faster than average)
Employment Change, 2012-22 39,300

What Financial Analysts Do

Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.

Work Environment

Financial analysts work in offices. Most work full time, and many work more than 40 hours per week.

How to Become a Financial Analyst

Financial analysts typically must have a bachelor’s degree, but a master’s degree is often required for advanced positions.

Pay

The median annual wage for financial analysts was $76,950 in May 2012.

Job Outlook

Employment of financial analysts is projected to grow 16 percent from 2012 to 2022, faster than the average for all occupations. A growing range of financial products and the need for in-depth knowledge of geographic regions are expected to lead to strong employment growth.