What is the highest salary of a financial analyst?
The salary range for a financial analyst is $38K-$725K. The
- Commercial Finance Analyst. Salary range: $52,000-$195,000 per year. ...
- Financial Reporting Consultant. Salary range: $119,000-$146,000 per year. ...
- Financial Operations Analyst. ...
- Fixed Income Analyst. ...
- Sox Analyst. ...
- Asset Liability Analyst. ...
- Private Equity Associate. ...
- Corporate Financial Analyst.
- Data scientists: Average annual salary of $115,786.
- Machine learning engineers: Average annual salary of $115,786.
- AI engineers: Average annual salary of $126,639.
Financial Analyst salary in India ranges between ₹ 2.1 Lakhs to ₹ 12.2 Lakhs with an average annual salary of ₹ 6.0 Lakhs. Salary estimates are based on 48.1k latest salaries received from Financial Analysts.
What are the top 5 highest paying jobs? The top 5 highest paying jobs in finance are investment banking, hedge fund management, CFO roles, private equity, and actuarial positions. These careers typically offer substantial salaries and the potential for significant bonuses.
- Google. 4.3 $112,352per year. 5,479 reviews23 salaries reported.
- Capital One. 3.9 $97,064per year. 10,567 reviews16 salaries reported.
- Houlihan Lokey. 3.8 $87,171per year. ...
- Northrop Grumman. 4.0 $82,129per year. ...
- Boeing. 3.9 $81,616per year. ...
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- Financial Manager. Salary Potential: $208,000. ...
- Personal Financial Advisor. Salary Potential: $208,000. ...
- Securities, Commodities, and Financial Sales Agents. Salary Potential: $208,000. ...
- Actuaries. Salary Potential: $186,110. ...
- Financial Analyst. ...
- Accountant/Auditor. ...
- Budget Analyst. ...
- Cost Estimator.
They Earn a Competitive Salary
In 2021, the average salary in the U.S. for a Financial Analyst was $96,000. Within the field of financial analytics, some professionals earn much more than this. For example, Financial Managers made an average of $132,000 in 2021.
Becoming a financial analyst generally requires a bachelor's degree open_in_new, though a master's in finance or business administration may be beneficial when seeking advanced roles.
According to Glassdoor, the average pay of a financial data analyst is $64,375 but for those with relevant experience, this can go up to $200,000.
What is higher than a financial analyst?
In the corporate world, senior analysts can become treasury managers supervising working groups within their departments. A standout performer may rise through the ranks to become a chief financial officer (CFO) or chief investment officer (CIO) responsible for all of the company's financial activities.
Data analysts use mathematical and analytical methods to transform data into better data-driven business decisions. As the amount of data available to businesses increases, so too does the demand for skilled data analysts to process and interpret it. Data analysts are typically paid well for their skills.
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Job Title | Average Salary | Salary Range |
---|---|---|
Senior Financial Analyst | $105,255 | Min: $47K Max: $240K |
Controller | $141,241 | Min: $0K Max: $300K |
Finance Director | $160,384 | Min: $35K Max: $366K |
Vice President of Finance | $197,943 | Min: $96K Max: $500K |
Financial analysts tend to work with the overall picture of economic trends and market movements to forecast financial situations. A career in accounting may be ideal if you enjoy examining data like auditing and reviewing financial statements. Financial analysts may make more money on average than accountants.
Years of experience | Per year |
---|---|
1 to 2 years | $81,644 |
3 to 5 years | $90,495 |
6 to 9 years | $98,294 |
More than 10 years | $101,795 |
- R. ...
- Daniel Gilbert. ...
- Andrea Pignataro. ...
- Masayoshi Son. Net Worth (2024): $26.9 billion. ...
- Jeff Yass. Net Worth (2024): $27.6 billion. ...
- Abigail Johnson. Net Worth (2024): $28.6 billion. ...
- Jim Simons. Net Worth (2024): $31.4 billion. ...
- Changpeng Zha0. Net Worth (2024): $33.0 billion.
1. Investment Banker. Roles in investing banking are highly sought after. For investment bankers, it's often a higher competition to land a role in one of the largest firms.
- Clinical Business Analyst. Salary range: $76,000-$150,000 per year. ...
- SAP Business Analyst. Salary range: $104,500-$140,000 per year. ...
- Functional Analyst. ...
- Consulting Analyst. ...
- Technical Business Analyst. ...
- Business Systems Analyst. ...
- Business Solutions Analyst. ...
- Business Intelligence Analyst.
Because the success of the client or company is often directly tied to the performance of a financial analyst, it's very common for this base pay to be supplemented with bonuses or profit-sharing that is contingent on financial growth.
In this highly competitive job market, a master's degree gives an applicant a boost. A successful career as a financial analyst requires strong quantitative skills, expert problem-solving abilities, adeptness in logic, and above-average communication skills.
Can you make 6 figures as a finance major?
Finance can be a fiercely competitive field. It's a famously high-paying industry known to deal out six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared with other fields.
Number 1 – Hedge Fund Investment Professionals
The average hedge fund investment professional can make as much or more as some of the other roles (i.e. CRO, CFO, etc.)
1. | Chemical engineering | $133K |
---|---|---|
2. | Computer engineering | $125K |
3. | Aerospace engineering | $120K |
4. | Electrical engineering | $112K |
5. | Mechanical engineering | $111K |
- Amazon.com. 3.5 ₹11,09,228per year. 48,805 reviews13 salaries reported.
- JPMorgan Chase & Co. 3.9 ₹10,75,598per year. 19,401 reviews24 salaries reported.
- Oracle. 3.8 ₹9,59,589per year. ...
- J.P. Morgan. 4.1 ₹8,72,716per year. ...
- UBS. 3.8 ₹8,12,315per year. ...
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Financial Analyst Education Requirements
Most firms require candidates to have at least a bachelor's degree. The CFA Institute recommends a finance-related major such as a bachelor's degree in finance, accounting, statistics, economics or general business.