Financial Analysts

Financial analysts evaluate the economic performance and financial situation of companies and industries on behalf of companies and institutions which invest money. Financial analysts evaluate the feasibility of a deal and develop a plan of action based on financial analysis. Financial analysts make investment decisions or recommendations. They're also called investment analysts and securities analysts.

Financial analysts are employed by investment banks, pension funds, insurance companies, mutual funds, securities firms, the business media and other types of businesses. They often focus on a particular industry, product or region. In addition, a financial analyst must keep up-to-date with movements of the markets, news stories and industry profiles.

Financial analysts that are employed on the "buy side" work for institutional investors. They develop investment strategies for a company's portfolio. Financial analysts that are employed on the "sell side" assist security dealers at investment banks, securities firms and other businesses with selling their products.

Financial analysts fields of specialization:

  • Credit analysts
  • Ratings analysts
  • Budget analysts
  • Risk analysts
  • Money market analysts
  • Tax analysts
  • Investment analysts
  • Wall Street analysts
  • Security analysts
  • Mergers and acquisitions analysts


  • Develop investment strategies for a company's portfolio
  • Analyze company financial statements
  • Stay current with new policies and regulations that might affect investments
  • Evaluate current trends in business practices, competition and products
  • Assess the ability to repay debts by governments and companies that issue bonds
  • Assist security dealers with selling their products
  • Create reports and make presentations
  • Observe the economy in order to determine its effect on earnings
  • Assist companies with creating their investment portfolio
  • Perform cost, budget and credit analysis

Job Characteristics

A financial analyst needs to have good analytical, math and problem solving skills. Good communication skills, being detail oriented and the ability to work independently are also important. They need to be able to interact well with clients. In addition, dealing with deadlines is often part of the job.

Financial analysts need a strong foundation in the economy, money markets and tax laws. They should also have good computer skills. The job sometimes involves traveling in order to visit potential investors or companies. They sometimes work more than 40 hours per week. They also spend a lot of time in meetings and telephone conversations.

Employment Outlook

The Bureau of Labor Statistics forecasts the employment of financial analysts will increase by 34% from 2006 to 2016 which is much faster than the average for all occupations. The major factors for the expected employment growth are the complexities of investments, the growth of the industry and the demand from mutual fund companies.

More than two out of five financial analysts are employed in the finance and insurance industries. Some work for the government and also throughout private industry.

In 2006 the median annual earnings, including bonuses, for financial analysts was $66,590. Bonuses can be a significant portion of their total earnings. Many companies offer lucrative bonuses in order to attract and keep important employees.

Financial analysts have opportunities to take positions as finance or portfolio managers, which manage the investments of a company or a customer. A qualified financial analyst can move up to a senior financial analyst position or an associate position. Some financial analysts start their own financial consulting firm. Some financial analysts become investment bankers, management consultants and financial consultants.

Education, Certification, and Licensing

Most employers require financial analysts to have at least a bachelor's degree in finance, economics, statistics, accounting or business administration. Courses in economics, statistics and business are typically required. Advanced courses in bond evaluation and options pricing are useful. Some employers prefer candidates that have a master's degree in finance or business administration.

Candidates should have knowledge of corporate budgeting, accounting policies and procedures, and financial analysis methods. A strong foundation in risk management is also useful.

The firms provide training. Financial analysts frequently attend seminars and training sessions in order to stay current with the latest developments.

The main licensing organization for the securities industry is the Financial Industry Regulatory Authority. Most of the licenses require sponsorship from an employer, thus companies don't expect workers to have licenses before they begin the job.


Major Employers

Most of the jobs are provided by investment banks, financial advising firms, mutual funds, investment funds, insurance companies and hedge funds.

Schools for Financial Analysts are listed in the Browse Schools Section.

Metro Areas Sorted by Total Employment for:
Financial Analysts

Listed below are metro areas sorted by the total number of people employed in Financial Analysts jobs , as of 2016

2016 Occupational Employment Statistics and 2014-24 Employment Projections, Bureau of Labor Statistics, BLS.gov; 2014-24 State Occupational Projections, Projections Central, projectionscentral.com

Metro Area Total Employment Annual Median Salary
Anaheim 11820 $86,830
Long Beach 11820 $86,830
Los Angeles 11820 $86,830
San Francisco 10570 $107,740
Oakland 10570 $107,740
Hayward 10570 $107,740
Dallas 8670 $80,900
Fort Worth 8670 $80,900
Arlington 8670 $80,900
Sugar Land 8040 $80,470
Total Employment for Financial Analysts - Top 5 Cities Nationwide
Compare Total Employment for Financial Analysts
Salaries for Financial Analysts - Top 5 Cities Nationwide
Compare Salaries for Financial Analysts
Total Employment and Salary for Professions Similar to Financial Analysts

Career Stories (Job Profiles) for Financial Analysts

To find out more about building a career as Financial Analysts, we spoke with professionals in the field across a variety of specialties. Learn about their experiences on the job, the steps they took to complete their education, and what it takes to excel in this industry. Click the link to see a story.

All Types

Most Popular Industries for :
Financial Analysts

Industries representing at least 1% of total jobs for the occupation.

2016 Occupational Employment Statistics and 2014-24 Employment Projections, Bureau of Labor Statistics, BLS.gov; 2014-24 State Occupational Projections, Projections Central, projectionscentral.com

Industry Jobs Percent Annual Median Salary
Securities And Investment 63,610 27% $86,630
Business Management 28,930 12% $73,170
Banking And Credit 27,500 11% $67,690
Professional And Technical Services 25,860 11% $72,490
Insurance 16,220 6% $66,760
Pension And Trusts 8,140 3% $68,000
Electronics And Computer 8,070 3% $76,530
Office Services And Staffing 6,510 2% $71,180
Telecommunications 5,370 2% $69,220
Government 4,510 1% $61,120
Real Estate 4,320 1% $68,220
Hospital 3,970 1% $62,420
Automotive And Vehicle Manufacturing 2,840 1% $70,320
Education 2,720 1% $62,520
Durable Goods Wholesale 2,570 1% $74,010
Traditional Publishing 2,500 1% $75,810
Oil And Gas 2,340 1% $73,580
Click the Visit School Site buttons to go directly to a school's website and learn more about the school and programs it has to offer. School website will open in a new tab.
Click the Request Info buttons to request more information from a representative at the school.
Results:  10
Matching School Ads
  • M.B.A.: Finance
  • B.S. in Finance and Economics
  • B.S. in Accounting
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
  • Master in Finance
  • Master - Professional Accounting
  • Graduate Specialization - Accounting
  • The first and only 100% online, fully accredited public university in the United States
  • No set class times or locations
  • Affordable tuition, guaranteed not to increase as long as you are enrolled
  • Accelerated eight-week terms
  • Classes start every month
  • MSA: Financial Services
  • MSA: Business
  • MBA: Finance
  • Liberty University’s online programs ranked in the top 10 out of more than 2,100 colleges & universities for academic quality, affordability, and accessibility.*
  • 100% online programs at associate, bachelor’s, master’s, and doctoral level.**
  • Transfer up to 90 credits into an undergraduate degree program.
  • Up to 50% of your master’s degree can be transferred in to help you get the most out of your hard work and maximize the credit you previously earned.
  • MBA - Finance
  • BA Finance
  • MA Accountancy - Audit
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Master of Business Administration - Finance and Investing
  • Bachelor of Science in Business - Accounting
  • Bachelor of Science in Accounting
  • Let Regent Lead The Way
  • No matter your passion, you'll find your place at Regent! Choose from more than 95 areas of study in the subject areas employers demand.
  • Business Administration - Finance (BS) (Online)
  • Business Administration - Accounting (BS) (Online)
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
  • Features a competency-based MBA program that allows students to test out of subjects based on prior professional experience.
  • MBA - Finance
  • MBA - Accounting
  • Ranked #20 in the Top Public Schools in 2015 by U.S. News & World Report.
  • Ranked among the Top 50 Schools for Entrepreneurship Programs in 2014 by The Princeton Review.
  • Ranked among America’s Top Colleges in 2013 by Forbes.
  • Offers over 90 undergraduate majors across 10 colleges, with numerous programs ranked among the top programs by U.S. News & World Report.
  • Has famous alumni such as Sergey Brin the co-founder of Google, Kevin Blank the Founder of Under Armour Athletic Gear, and more.
  • Flexible MBA - Financial Business - H
  • MS in Finance - H

Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a part time format. Now offering several degrees to the part-time student, students can now become business leaders at this nationally recognized institution in as little as 2.5 years.

  • Financial Management - PhD in Bus. Admin.
  • Financial Management - D.B.A.
  • Advanced Accounting - PhD in Bus. Admin.
  • Ranked among the Best Online Bachelor's Programs in 2014 by U.S. News & World Report.
  • Implements a one-to-one teaching model, partnering one student with one faculty member in each course.
  • 100% of faculty members hold doctoral degrees.
  • No physical residency requirements, allowing students to pursue their degree online.
  • Committed to innovation, diversity, excellence, and accountability since its founding in 1996.
  • Offers several programs in business, education, psychology, and more.
  • MBA Finance
  • Bachelor of Arts in Accounting
  • Associate of Arts in Accounting

See What’s Possible When You Earn a Degree at Florida Tech 100% Online

Whatever your motivation for considering an undergraduate or graduate degree, Florida Tech offers programs online that can meet your needs. Here are a few reasons Florida Tech may be the right choice for you.

We have some additional detailed pages at the state level for Financial Analysts.

Numbers in parentheses are counts of relevant campus-based schools in the state; online schools may also be available.

Back to Top