![]() The BLS estimates that the position will grow 6 percent from 2020 to 2030. This amount can vary based on your location, education, and experience.įinancial analysts are expected to be in demand in the years to come. ![]() Support budgeting efforts at organizationsĬompile written reports on financial statuses and recommendationsĪccording to the US Bureau of Labor Statistics (BLS), the average salary for a financial analyst is $81,410 a year. Study economic and business trends to provide context around business decisions Though the specifics of what a financial analyst does can vary, a financial analyst is often expected to perform the following tasks:īuild financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions What does a financial analyst do?īroadly speaking, a financial analyst works with financial data to help organizations make business decisions. Financial analysts commonly have academic backgrounds in finance, economics, accounting, or statistics. A financial analyst helps make business or investment decisions for companies based on their industry knowledge and assessments of market trends, business news, and the company’s financial position.įinancial analysts can work for financial companies like banks or investment companies, or within businesses.
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