Financial Analyst Training and Jobs
Schools and Degrees
Many colleges and universities offer degrees in finance, economics, statistics, accounting and business administration.
Job Overview
Financial analysts analyze the economic performance and financial situation of industries and companies on behalf of institutions and companies that invest money. Financial analysts evaluate the feasibility of a deal. Financial analysts also make investment decisions or provide recommendations. Many financial analysts focus on a specific industry, region or product.
Job Requirements
Financial analysts are typically required to have at least a bachelor's degree in finance, economics, statistics, accounting or business administration. Advanced courses in options pricing and bond evaluation are useful. Some employers seek applicants who have a master's degree in finance or business administration.
Nature of Work
- Analyze financial statements of companies
- Develop investment strategies for a company's portfolio
- Assess the ability to repay debts by companies and governments that issue bonds
- Analyze current trends in business practices, products and competition
Career Videos
Financial Analysts by Metropolitan Area (city and its surroundings)
In the table below, a Job Density near 0% means the area has an average number of people in this occupation, for its population. A higher or lower Job Density (e.g., +22% or -45%) tells you there are that many more or fewer workers of that type there than in the average US metro area. So, the higher the number, the more common the occupation.
Alabama
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Birmingham | $72,000 | 240 | -73% |
| Huntsville | $72,000 | 90 | -76% |
| Mobile | $68,000 | 60 | -81% |
| Montgomery | $84,000 | 40 | -86% |
Alaska
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Anchorage | $78,000 | 420 | +42% |
Arizona
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Phoenix | $66,000 | 3,480 | +7% |
| Tucson | $66,000 | 640 | +3% |
Arkansas
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Fayetteville | $65,000 | 150 | -59% |
| Fort Smith | $45,000 | 60 | -72% |
| Little Rock | $66,000 | 530 | -16% |
California
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Bakersfield | $80,000 | 70 | -85% |
| Los Angeles | $101,000 | 8,400 | +12% |
| Oakland | $99,000 | 2,080 | +13% |
| Oxnard | $74,000 | 380 | -29% |
| Riverside | $78,000 | 330 | -85% |
| Sacramento | $77,000 | 1,290 | -19% |
| Salinas | $79,000 | 80 | -72% |
| San Diego | $92,000 | 1,910 | -21% |
| San Francisco | $118,000 | 4,830 | +163% |
| San Jose | $100,000 | 2,350 | +42% |
| San Luis Obispo | $103,000 | 40 | -75% |
| Santa Ana | $85,000 | 2,290 | -15% |
| Santa Barbara | $98,000 | 190 | -36% |
| Santa Rosa | $90,000 | 120 | -61% |
| Stockton | $78,000 | 50 | -87% |
| Vallejo | $75,000 | 40 | -81% |
| Visalia | $67,000 | 30 | -87% |
Colorado
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Boulder | 350 | +30% | |
| Colorado Springs | $65,000 | 330 | -27% |
| Denver | $85,000 | 2,740 | +19% |
| Fort Collins | $68,000 | 120 | -45% |
| Greeley | $87,000 | 70 | -42% |
Connecticut
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Bridgeport | $119,000 | 3,000 | +285% |
| Danbury | $80,000 | 60 | -47% |
| Hartford | $75,000 | 1,820 | +72% |
| New Haven | $100,000 | 250 | -49% |
| Norwich | $71,000 | 150 | -29% |
| Waterbury | $75,000 | 70 | -38% |
Delaware
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Wilmington | $84,000 | 1,830 | +210% |
District of Columbia
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Washington | $85,000 | 7,810 | +73% |
Florida
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Cape Coral | $59,000 | 70 | -80% |
| Deltona | $59,000 | 40 | -85% |
| Fort Lauderdale | $76,000 | 680 | -47% |
| Gainesville | $55,000 | 70 | -67% |
| Jacksonville | $60,000 | 640 | -42% |
| Miami | $75,000 | 970 | -46% |
| Naples | $102,000 | 100 | -48% |
| Ocala | $67,000 | 60 | -60% |
| Orlando | $68,000 | 780 | -58% |
| Palm Bay | $61,000 | 160 | -54% |
| Panama City | $44,000 | 110 | -4% |
| Port St Lucie | 30 | -85% | |
| Sarasota | $70,000 | 100 | -77% |
| Tallahassee | $51,000 | 200 | -30% |
| Tampa | $64,000 | 1,800 | -15% |
| West Palm Beach | $73,000 | 650 | -32% |
Georgia
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Athens | $77,000 | 90 | -24% |
| Atlanta | $78,000 | 5,870 | +37% |
| Augusta | $89,000 | 120 | -67% |
| Columbus | $57,000 | 110 | -42% |
| Macon | $55,000 | 150 | -2% |
| Savannah | $72,000 | 100 | -62% |
Hawaii
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Honolulu | $70,000 | 370 | -54% |
Idaho
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Boise | $67,000 | 320 | -32% |
Illinois
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Champaign | $71,000 | 40 | -77% |
| Chicago | $84,000 | 8,830 | +27% |
| Peoria | $62,000 | 130 | -57% |
| Rockford | $76,000 | 80 | -67% |
Indiana
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Bloomington | $66,000 | 50 | -57% |
| Evansville | $66,000 | 100 | -67% |
| Fort Wayne | $69,000 | 260 | -29% |
| Gary | 70 | -86% | |
| Indianapolis | $68,000 | 1,280 | -23% |
| Kokomo | $90,000 | 110 | +81% |
| Lafayette | $62,000 | 30 | -76% |
| Muncie | $81,000 | 40 | -45% |
| South Bend | $88,000 | 60 | -73% |
Iowa
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Cedar Rapids | $61,000 | 240 | -1% |
| Davenport | $75,000 | 130 | -61% |
| Des Moines | $74,000 | 1,040 | +74% |
| Iowa City | $61,000 | 70 | -41% |
| Waterloo | $54,000 | 80 | -45% |
Kansas
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Topeka | $76,000 | 140 | -26% |
| Wichita | $68,000 | 130 | -75% |
Kentucky
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Louisville | $73,000 | 690 | -38% |
Louisiana
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Baton Rouge | $77,000 | 190 | -72% |
| Lafayette | $63,000 | 90 | -64% |
| Monroe | $82,000 | 40 | -69% |
| New Orleans | $66,000 | 450 | -54% |
| Shreveport | $58,000 | 50 | -84% |
Maine
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Portland | $79,000 | 300 | -16% |
Maryland
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Baltimore | $80,000 | 2,710 | +12% |
| Bethesda | $83,000 | 1,470 | +38% |
| Hagerstown | $54,000 | 40 | -76% |
Massachusetts
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Barnstable Town | $67,000 | 40 | -77% |
| Boston | $92,000 | 11,330 | +252% |
| Brockton | $64,000 | 40 | -74% |
| Framingham | $78,000 | 480 | +66% |
| Haverhill | $84,000 | 60 | -57% |
| Lowell | $81,000 | 280 | +34% |
| Peabody | $81,000 | 100 | -43% |
| Pittsfield | $69,000 | 40 | -20% |
| Springfield | $84,000 | 430 | -20% |
| Worcester | $72,000 | 550 | +21% |
Michigan
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Ann Arbor | $85,000 | 150 | -49% |
| Detroit | 1,620 | +31% | |
| Flint | $55,000 | 80 | -65% |
| Grand Rapids | $73,000 | 460 | -33% |
| Kalamazoo | $72,000 | 70 | -71% |
| Lansing | $75,000 | 130 | -63% |
| Niles | $74,000 | 130 | +37% |
| Warren | $71,000 | 1,580 | -21% |
Minnesota
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Duluth | $63,000 | 60 | -74% |
| Minneapolis | $77,000 | 4,630 | +40% |
Mississippi
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Gulfport | $52,000 | 30 | -84% |
| Jackson | $71,000 | 170 | -63% |
| Pascagoula | $81,000 | 40 | -46% |
Missouri
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Columbia | $67,000 | 40 | -70% |
| Jefferson City | $48,000 | 60 | -52% |
| Kansas City | $76,000 | 1,750 | -7% |
| Springfield | $65,000 | 90 | -74% |
| St Louis | $77,000 | 1,880 | -24% |
Nebraska
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Lincoln | $60,000 | 150 | -47% |
| Omaha | $65,000 | 1,110 | +29% |
Nevada
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Las Vegas | $67,000 | 370 | -76% |
| Reno | $62,000 | 100 | -71% |
New Hampshire
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Manchester | $67,000 | 80 | -55% |
| Nashua | $61,000 | 330 | +37% |
| Portsmouth | $67,000 | 90 | -4% |
New Jersey
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Camden | $72,000 | 700 | -27% |
| Edison | $81,000 | 2,430 | +28% |
| Newark | $86,000 | 2,430 | +32% |
| Trenton | $85,000 | 920 | +126% |
New Mexico
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Albuquerque | $60,000 | 270 | -62% |
| Santa Fe | 110 | +7% |
New York
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Albany | $77,000 | 720 | -13% |
| Binghamton | $73,000 | 200 | +3% |
| Buffalo | $64,000 | 1,230 | +21% |
| Ithaca | $58,000 | 80 | +24% |
| Nassau | $77,000 | 2,150 | -8% |
| New York | $114,000 | 30,020 | +211% |
| Poughkeepsie | $81,000 | 200 | -55% |
| Rochester | $81,000 | 1,010 | +9% |
| Syracuse | $72,000 | 540 | -5% |
| Utica | $65,000 | 140 | -36% |
North Carolina
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Asheville | $67,000 | 40 | -87% |
| Burlington | $54,000 | 50 | -46% |
| Charlotte | $75,000 | 2,980 | +89% |
| Durham | $77,000 | 820 | +64% |
| Greensboro | 400 | -38% | |
| Hickory | $59,000 | 70 | -73% |
| Raleigh | $74,000 | 1,030 | +9% |
| Wilmington | $63,000 | 130 | -46% |
| Winston Salem | $68,000 | 360 | -5% |
North Dakota
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Fargo | $67,000 | 120 | -43% |
Ohio
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Akron | $68,000 | 460 | -21% |
| Canton | $69,000 | 40 | -86% |
| Cincinnati | $78,000 | 1,820 | -3% |
| Cleveland | $73,000 | 1,440 | -24% |
| Columbus | $85,000 | 1,800 | +6% |
| Dayton | $69,000 | 330 | -53% |
| Toledo | $61,000 | 290 | -46% |
| Youngstown | $69,000 | 60 | -85% |
Oklahoma
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Oklahoma City | $64,000 | 460 | -57% |
| Tulsa | $66,000 | 340 | -57% |
Oregon
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Corvallis | $82,000 | 40 | -2% |
| Eugene | $91,000 | 50 | -80% |
| Portland | $95,000 | 1,510 | -20% |
| Salem | $98,000 | 50 | -81% |
Pennsylvania
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Allentown | $89,000 | 370 | -41% |
| Erie | $94,000 | 80 | -64% |
| Harrisburg | $66,000 | 820 | +41% |
| Lancaster | $64,000 | 90 | -79% |
| Philadelphia | $92,000 | 4,940 | +40% |
| Reading | $72,000 | 90 | -70% |
| Scranton | $64,000 | 120 | -75% |
| State College | $68,000 | 50 | -52% |
| York | $73,000 | 70 | -78% |
Rhode Island
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Providence | $68,000 | 1,120 | +9% |
South Carolina
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Charleston | $93,000 | 150 | -71% |
| Columbia | $61,000 | 240 | -62% |
| Florence | $50,000 | 50 | -63% |
| Greenville | $81,000 | 200 | -63% |
| Spartanburg | $57,000 | 100 | -50% |
South Dakota
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Rapid City | $53,000 | 50 | -53% |
| Sioux Falls | $60,000 | 380 | +56% |
Tennessee
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Johnson City | $59,000 | 50 | -58% |
| Kingsport | $79,000 | 50 | -76% |
| Knoxville | $52,000 | 260 | -57% |
| Memphis | $66,000 | 690 | -39% |
| Nashville | $77,000 | 1,240 | -9% |
Texas
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Amarillo | $83,000 | 160 | -13% |
| Austin | $86,000 | 1,730 | +19% |
| Brownsville | $56,000 | 50 | -78% |
| College Station | $64,000 | 80 | -49% |
| Corpus Christi | $63,000 | 40 | -87% |
| Dallas | $81,000 | 5,690 | +46% |
| El Paso | $48,000 | 230 | -53% |
| Fort Worth | $71,000 | 1,510 | -5% |
| Houston | $85,000 | 5,090 | +4% |
| Killeen | $57,000 | 50 | -78% |
| Laredo | 30 | -77% | |
| Lubbock | $67,000 | 70 | -68% |
| Mcallen | $53,000 | 40 | -90% |
| Midland | $73,000 | 90 | -13% |
| San Antonio | $71,000 | 1,690 | +5% |
| Tyler | $87,000 | 60 | -61% |
| Waco | $63,000 | 70 | -59% |
Utah
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Ogden | $67,000 | 50 | -86% |
| Provo | $53,000 | 130 | -57% |
| Salt Lake City | $68,000 | 1,320 | +18% |
| St George | 40 | -45% |
Vermont
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Burlington | $79,000 | 220 | +14% |
Virginia
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Blacksburg | $76,000 | 30 | -70% |
| Charlottesville | $64,000 | 260 | +77% |
| Lynchburg | $62,000 | 80 | -53% |
| Richmond | $82,000 | 1,530 | +35% |
| Roanoke | $61,000 | 140 | -49% |
| Virginia Beach | $66,000 | 520 | -63% |
Washington
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Kennewick | $73,000 | 70 | -59% |
| Olympia | $70,000 | 60 | -65% |
| Seattle | $86,000 | 2,870 | +11% |
| Spokane | $64,000 | 140 | -62% |
West Virginia
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Charleston | $53,000 | 160 | -37% |
| Huntington | $86,000 | 50 | -75% |
| Morgantown | $57,000 | 30 | -65% |
Wisconsin
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Appleton | $81,000 | 50 | -75% |
| Green Bay | $69,000 | 230 | -23% |
| Madison | $84,000 | 540 | -12% |
| Milwaukee | $80,000 | 1,480 | -4% |
| Oshkosh | $66,000 | 50 | -66% |
| Wausau | $72,000 | 130 | +18% |
Wyoming
| City and Area | Median Salary | Employees | Job Density |
|---|---|---|---|
| Cheyenne | $47,000 | 30 | -55% |
*FOOTNOTES: Job Facts salary and numbers data is based on US Department of Labor Statistics data for 2011. Other data on page may be from earlier years. Typical salary is given as median salary, where 50% in the job make more and 50% less. Salary range is Job Hunt's estimates of typical starting salary as being at the 10th percentile of reported pay and typical top end salary, for the most senior workers, as being at the 90th. Job openings is an estimate of new jobs every year due to growth plus those leaving the field. Where NA is given data is not available. Suggested studies is based on Job Hunt research, suggesting a minimum degree level that is judged to offer the best opportunities for entry-level employment. This Financial Analysts schools and career page was originally researched by CityTownInfo.com.