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Quick Facts: Financial Analysts
2012 Median Pay
$76,950 per year
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.
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