Similar careers
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
A Financial Analyst is a professional who assesses the economic performance of companies and industries to assist businesses and individuals in making informed investment decisions. They analyze financial data, study economic trends, assess investment opportunities, and provide recommendations based on their findings.
Education: Bachelor's degree
Years in related career: None
On-the-job training: None
Projected Growth: 7.6% (far above average)
Annual job openings: 25,100
Direct AI exposure: 15% of tasks
Potential AI exposure: 85% of tasks
| According to the U.S. Bureau of Labor Statistics, average income (in USD) in 2025 was $103K per year. | ||||
|---|---|---|---|---|
| Bottom 10% | Bottom 25% | Median (average) | Top 25% | Top 10% |
| $64K per year | $79K per year | $103K per year | $133K per year | $181K per year |
| Compared to other careers: Median is $52K above the national average. | ||||
Financial Analysts typically work in offices, often for financial institutions such as banks, investment firms, and insurance companies. Their work involves a significant amount of time spent on computers analyzing data, creating financial models, and using complex financial software. They may also attend meetings and present their findings to management or clients.
Financial Analysts play a crucial role in the world of finance, guiding investment decisions by analyzing financial data, market trends, and economic factors. They use their expertise to understand how these elements can impact investments and advise clients or their organization accordingly. Their work is pivotal in helping companies and individuals make informed financial choices, whether it's investing in stocks, bonds, or other financial instruments.
The role requires a blend of analytical skills, knowledge of financial markets, and the ability to interpret complex data. Financial Analysts must be proficient in financial modeling and have a solid understanding of economic indicators. They also need to stay abreast of market trends and regulatory changes that can impact investments.
Communication skills are essential, as Financial Analysts often need to explain complex financial concepts in understandable terms to clients and colleagues. The role can be demanding, with tight deadlines and the need to respond quickly to market changes, but it also offers the intellectual challenge and satisfaction of directly impacting financial decisions and strategies.
Becoming a Financial Analyst usually requires at least a bachelor's degree in finance, economics, accounting, or a related field, which is typically a 4-year program. Some positions, especially at higher levels, may require a master's degree or professional certifications.
Similarity is based on what people in the careers do, what they know, and what they are called. The process of establishing similarity lists is described in this white paper.
