Financial Analysts
SOC: 13-2051.00

Description:

Conduct quantitative analyses of information affecting investment programs of public or private institutions.


National Salary Information:

Hourly Statistics:

Annual Statistics:

Source: Bureau of Labor Statistics 2015 wage data.


Employment Projections:

Employment (2014):
277,600 employed

Projected (2024):
310,000 employed

Projected growth (2014-2024)


Source: Bureau of Labor Statistics 2015 2014-2024 employment projections external site. "Projected growth" represents the estimated change in total employment over the projections period (2014-2024). "Projected job openings" represent openings due to growth and replacement.


Alternate Titles:

  • Alternative Financing Specialist
  • Bank Analyst
  • Banking Analyst
  • Bond Analyst
  • Budget Analyst
  • Chartered Financial Analyst (CFA)
  • Commodity Analyst
  • Corporate Financial Analyst
  • Corporate Securities Research Analyst
  • Corporate Statistical Financial Analyst
  • Credit Products Officer
  • Energy Efficiency Finance Manager
  • Equity Research Analyst
  • Finance Analyst
  • Financial Advisor
  • Financial Analyst
  • Financial Manager
  • Financial Planner
  • Financial Systems Analyst
  • Fiscal Analyst
  • Government Incentives Alternative Financing Specialist
  • Green Material Value-Added Assessor
  • Institutional Commodity Analyst
  • Investment Analyst
  • Investment Officer
  • Investments Manager
  • Investor
  • Money Manager
  • Mutual Fund Accountant
  • Operational Risk Analyst
  • Planning Analyst
  • Portfolio Analyst
  • Portfolio Manager
  • Pricing Analyst
  • Pricing Specialist
  • Real Estate Analyst
  • Real Estate Investor
  • Renewable Energy System Finance Specialist
  • Research Analyst
  • Securities Analyst
  • Securities Consultant
  • Securities Research Analyst
  • Statistical Financial Analyst
  • Stock Analyst
  • Treasury Analyst
  • Trust Evaluation Supervisor


  • Job Zone Four: Considerable Preparation Needed

    Experience:

    A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

    Education:

    Most of these occupations require a four-year bachelor's degree, but some do not.

    Job Training:

    Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.


    Required Skills:

  • Reading Comprehension
  • Active Listening
  • Writing
  • Speaking
  • Mathematics
  • Science
  • Critical Thinking
  • Active Learning
  • Learning Strategies
  • Monitoring
  • Social Perceptiveness
  • Coordination
  • Persuasion
  • Negotiation
  • Instructing
  • Service Orientation
  • Complex Problem Solving
  • Operations Analysis
  • Programming
  • Operation Monitoring
  • Judgment and Decision Making
  • Systems Analysis
  • Systems Evaluation
  • Time Management
  • Management of Financial Resources
  • Management of Material Resources
  • Management of Personnel Resources

  • Knowledge Used:

  • Administration and Management
  • Clerical
  • Economics and Accounting
  • Sales and Marketing
  • Customer and Personal Service
  • Personnel and Human Resources
  • Computers and Electronics
  • Mathematics
  • Psychology
  • Sociology and Anthropology
  • Education and Training
  • English Language
  • Foreign Language
  • History and Archeology
  • Philosophy and Theology
  • Public Safety and Security
  • Law and Government
  • Telecommunications
  • Communications and Media
  • Transportation


  • Tasks:

  • Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
  • Inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions.
  • Monitor developments in the fields of industrial technology, business, finance, and economic theory.
  • Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
  • Monitor fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources, or personal interviews.
  • Recommend investments and investment timing to companies, investment firm staff, or the public.
  • Determine the prices at which securities should be syndicated and offered to the public.
  • Prepare plans of action for investment, using financial analyses.
  • Evaluate and compare the relative quality of various securities in a given industry.
  • Present oral or written reports on general economic trends, individual corporations, and entire industries.
  • Contact brokers and purchase investments for companies, according to company policy.
  • Collaborate with investment bankers to attract new corporate clients to securities firms.
  • Conduct financial analyses related to investments in green construction or green retrofitting projects.
  • Determine the financial viability of alternative energy generation or fuel production systems, based on power source or feedstock quality, financing costs, potential revenue, and total project costs.
  • Evaluate financial viability and potential environmental benefits of cleantech innovations to secure capital investments from sources such as venture capital firms and government green fund grants.
  • Forecast or analyze financial costs associated with climate change or other environmental factors, such as clean water supply and demand.
  • Identify potential financial investments that are environmentally sound, considering issues such as carbon emissions and biodiversity.
  • Research and recommend environmentally-related financial products, such as energy futures, water rights, carbon credits, government environmental funds, and cleantech industry funds and company stocks.

  • Tools & Technology:

  • 10-key calculators
  • Desktop computers
  • Notebook computers
  • Personal computers
  • Personal digital assistants PDA
  • Tablet computers
  • Advanced Portfolio Technologies Report Builder
  • Advanced Portfolio Technologies Simulator
  • Analyse-it Software
  • AnalyzerXL software
  • Annuities analysis software
  • Apple AppleWorks
  • Aspen Graphics software
  • BizBench Benchmarking Software
  • BizPricer Business Valuation Software
  • Business Forecast Systems Forecast Pro
  • Corel QuattroPro
  • dailyVest Investment Personalization Platform
  • Data entry software
  • Data visualization software
  • DealMaven Comparable Company Valuation Analysis
  • DealMaven M&A Accretion/Dilution One-Pager
  • DealMaven Modeling ToolPack for Excel
  • DealMaven PresLink for PowerPoint and Word
  • Decisioneering Crystal Ball
  • Delphi software
  • Derivatives Imagine Trading System
  • Derivicom FinOptions XL
  • Economic forecasting software
  • Experian Credinomics
  • Express Business Valuations
  • FileMaker Pro software
  • Financial modeling software
  • FinEng Solutions PerfoRM
  • FinEng Solutions Quantis
  • Fractal pattern analysis software
  • Fund accounting software
  • Genetic algorithm optimization software
  • Genetic algorithm software
  • Harland Financial Solutions DecisionPro
  • Human resource management software HRMS
  • Hyperion software
  • I-flex Solutions Reveleus Investment Performance Measurement
  • IBM Cognos Impromptu
  • IBM Lotus 1-2-3
  • IBM Lotus Approach
  • IBM Notes
  • Innova Financial Solutions Derivatives Expert
  • Intuit QuickBooks
  • Ivorix Neurostrategy Finance
  • JD Edwards software
  • Keypoint DataDesk
  • Leading Market Technologies EXPO
  • LexisNexis software
  • Longview Consolidation
  • Longview Performance Management Platform
  • Longview Solutions Khalix
  • Market forecast software
  • Mathematical software
  • Matheny Pattern Forecaster Plus
  • MEDITECH software
  • MergerStat Control Premiums
  • MergerStat Price to Earnings Ratios
  • Microsoft Access
  • Microsoft Dynamics GP
  • Microsoft Dynamics software
  • Microsoft Excel
  • Microsoft Office SharePoint Server MOSS
  • Microsoft Office software
  • Microsoft PowerPoint
  • Microsoft Project
  • Microsoft SharePoint software
  • Microsoft Visio
  • Microsoft Visual Basic
  • Microsoft Word
  • MicroStrategy software
  • Mid-Market Comps software
  • MoneySoft Corporate Valuation
  • Monte Carlo simulation software
  • Montgomery Investment Technology Bonds XL
  • Montgomery Investment Technology Exotics XL
  • Montgomery Investment Technology FinTools
  • Montgomery Investment Technology Options XL
  • Montgomery Investment Technology QuoteTools
  • Montgomery Investment Technology Risk XL
  • Montgomery Investment Technology SigTools
  • Montgomery Investment Technology Utility XL
  • Moss Adams Profit Mentor
  • Mutual fund analysis software
  • Neural network modeling software
  • NeuroSolutions for MatLab
  • NeuroSolutions Trading Solutions
  • OptionVue Options Analysis
  • Oracle Business Intelligence Enterprise Edition
  • Oracle E-Business Suite Financials
  • Oracle Hyperion software
  • Oracle JD Edwards EnterpriseOne
  • Oracle PeopleSoft Financials
  • Oracle PeopleSoft software
  • Oracle software
  • Palisade Bond @nalyst
  • Palisade Evolver
  • Palisade StatTools
  • Pattern recognition software
  • Peer-to-Peer Financial Analysis
  • Pi Blue OptWorks Excel
  • Portfolio management software
  • Pricing software
  • Qlik Tech QlikView
  • Quantifying marketability discount QMD modeling software
  • R
  • Report generation software
  • RiskMetrics Group WealthBench
  • Sage 50 Accounting
  • SAP Business Objects software
  • SAP BusinessObjects Data Integrator
  • SAP Crystal Reports
  • SAP software
  • SAS JMP
  • SAS software
  • Securities analysis software
  • Spreadware Business Financial Analysis
  • Spreadware Business Valuator
  • Spreadware Pro Forma
  • SPSS software
  • SSA Global Infinium Financial Management
  • StataCorp Stata
  • Steele Mutual Fund and Variable Annuity Expert
  • Structured query language SQL
  • SunGard BancWare
  • SunGard Kiodex Risk Workbench
  • Tableau software
  • TechHackers Convertible Bond @nalyst
  • TechHackers Credit @nalyst
  • TechHackers Exotic @nalyst
  • TechHackers Financial @nalyst
  • TechHackers IRO @nalyst
  • TechHackers MBS @nalyst
  • TechHackers Swap @nalyst
  • Teradata Database
  • Tetrahex Fractal Finance
  • The MathWorks MATLAB
  • TickQuest NeoTicker
  • Tips Standard Securities Calculation Bond Analytics Module
  • Tips Standard Securities Calculation Mortgage-Backed Analytics Module
  • TradeTools Financial Market Databases
  • TradeTools Monthly U.S. Economic Database
  • Trendsetter Software ProAnalyst
  • Unlimited Learning Resources Valusource Pro
  • ValuSource BIZCOMPS
  • Ward Systems Group GeneHunter
  • Ward Systems Group NeuralShell Predictor
  • Ward Systems Group NeuroShell Trader
  • Whitebirch Software Projected Financials
  • Wolfram Research Derivatives
  • Wolfram Research Mathematica
  • Wolfram Research Mathematica Finance Essentials
  • Wolfram Research Mathematica UnRisk Pricing Engine


  • business and financial operations


    industry stats

    SOC: 13-0000

    Total Employed: 7,032,560

    Average Annual Salary: $73,800