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BLS OEWS MAY 2025 Β· SOC 13-2051 Β· +5.7% OUTLOOK THROUGH 2034

Financial Analyst Career Guide,
Salary, Licence & Jobs 2026

A financial analyst turns data into investment and business decisions β€” building valuation and forecasting models, analyzing companies, securities and budgets, and recommending where capital should go, whether on a buy-side desk, in equity research, or inside a corporate finance team.

Updated July 21, 2026 Β· Next review Jan 2027 Β· BLS OEWS May 2025

Compiled by GlobalCybers Labor Market Research Β· Reviewed by Douglas Whitfield, CPA, Finance Recruitment Lead Β· See methodology & sources β†’

Get Financial Analyst Jobs β†’Salary Guide β†’
US Median
$102,740
P90 Earners
$180,860
Job Growth
+5.7%
Licence
State
Direct Answer

What is the salary and career path for a financial analyst?

Financial analyst is an exact match to Financial and Investment Analysts (SOC 13-2051), the BLS code for the role; the OEWS May 2025 median is $102,740 a year ($49.40 an hour), from $63,720 at the 10th percentile to $180,860 at the 90th. BLS projects 5.7% growth for the code over 2024–2034, faster than average, with about 25,100 openings a year. Entry runs through a finance, economics or accounting degree, with the CFA program the marquee credential and Series 7/63 licenses where the role involves selling securities.

Key takeaways
  • Financial Analysts earn a national median $102,740/yr ($49.40/hr) (BLS OEWS May 2025, SOC 13-2051); the top 10% clear $180,860.
  • Financial analyst is an exact match to Financial and Investment Analysts (SOC 13-2051); the CFA is the marquee credential and Series 7/63 apply where securities are sold.
  • BLS projects 5.7% growth for the code through 2034 β€” faster than average β€” with about 25,100 openings a year.
  • Pay runs from a junior analyst near $63,720 to a portfolio manager or finance lead at the $180,860 top decile.
+5.7%
Job growth Β· 2024–2034
25,100
Openings per year Β· projected
$102,740
National median Β· BLS OEWS May 2025

Career Path

How do you become a financial analyst?

1

Junior / research analyst

Years 0–3
$63,720
median/yr

An entry analyst gathering data and building supporting models starts near the $63,720 10th percentile.

2

Financial analyst

Years 3–7
$102,740
median/yr

A full analyst owning models and recommendations earns around the $102,740 median for the code.

3

Senior financial analyst

Years 7–12
$133,340
median/yr

Leading coverage and valuation work pushes pay toward the $133,340 75th percentile.

4

Portfolio manager / finance lead

Years 12+
$180,860
median/yr

Managing a portfolio or a corporate finance function reaches the $180,860 90th percentile.

BLS Salary Data

Which state pays financial analysts the most in 2026?

Source: BLS OEWS May 2025, SOC 13-2051. National median: $102,740. Full salary guide β†’

California
Top-paying tier
$118,150
median/yr
New York
Top-paying tier
$115,070
median/yr
Washington
Top-paying tier
$113,010
median/yr
Colorado
Top-paying tier
$107,880
median/yr
Texas
Mid tier
$98,120
median/yr
Mississippi
Value tier
$88,360
median/yr

Pay Comparison

Head-to-head against the roles financial analysts most often weigh against. BLS OEWS May 2025 medians.

RoleSOCBLS Medianvs. Financial Analyst
Financial AnalystThis guide13-2051$102,740β€” baseline
Budget Analyst13-2031$91,640βˆ’$11,100
Credit Analyst13-2041$83,510βˆ’$19,230
Bookkeeper43-3031$50,670βˆ’$52,070
⚑

Takeaway: financial analysts rank 1 of 4 on median pay among the comparable roles above, with a projected +5.7% employment change 2024–34 (BLS Employment Projections). Pay position and projected demand together are what determine how quickly financial analysts clear offers across the GlobalCybers placement network.

Methodology & Sources

How this guide is sourced and reviewed

Wages (BLS): All median and percentile figures are BLS OEWS May 2025, SOC 13-2051 (financial analysts) and the matching SOC codes for each comparison role. OEWS is sampled on a rolling 3-year basis and published ~10 months after collection, so treat it as a firm anchor rather than a spot rate.

Job growth: Projected 2024–34 employment change, and the average annual openings figure, are from the BLS Employment Projections program, by occupation. Openings are a per-year average over the projection decade, not a decade total.

Licensing & credentials:Requirements are drawn from the issuing state licensing boards and the certifying body behind each credential β€” not from third-party aggregators.

Demand signal:Any statement about how quickly this role clears offers reflects GlobalCybers placement request volume across the trailing 12 months β€” our own network data, offered as a directional real-world indicator alongside BLS, not a market-wide survey.

Full site methodology & data sources β†’

DW
Reviewed by Douglas Whitfield
CPA, Finance Recruitment Lead Β· Last verified 2026-07-21
Verify on BLS.gov β†’

Credentials

What licences and certifications do financial analysts need?

Bachelor's in finance or economics
Mandatory

The typical entry degree for analyst roles across banking, asset management and corporates. See all state licences β†’

CFA β€” Chartered Financial Analyst
Employer-required

The three-level CFA Institute program, the marquee credential for investment analysis.

FINRA Series 7 and 63
Industry-valued

Securities licenses required where the role involves recommending or selling securities.

Financial modeling certifications
Industry-valued

Optional modeling credentials that reinforce valuation and Excel skills.

Tools & Software

What tools and software do financial analysts use on the job?

βš™οΈ Core Tools & Equipment

Financial modeling in Excel, Excel with modeling, DCF and scenario tools at the center of the analyst's work.
Market data terminals, Bloomberg, FactSet and Capital IQ for market data, comparables and company filings.
BI and analytics tools, Power BI, Tableau and SQL for pulling and visualizing financial data.
Valuation frameworks, DCF, comparable-company and precedent-transaction methods that structure the analysis.

πŸ“Š BLS Employment Data, SOC 13-2051

Projected openings per year (2024–2034)25,100
Job growth (2024–2034)+5.7%
National median$102,740
BLS data releaseOEWS May 2025

Salary Levers

How do financial analysts earn above the $102,740 BLS median?

πŸ“

CFA charter

Progress through and completion of the CFA program lifts pay above the $102,740 median in investment roles.

🏭

Buy-side and specialized coverage

Buy-side, private-markets and specialized-sector work commands premiums toward the upper percentiles.

πŸŽ“

Portfolio management and leadership

Managing a portfolio or a corporate finance team pushes earnings toward the $180,860 top decile.

This Route vs. College

Is becoming a financial analyst worth it vs. a 4-year degree?

The entry route into this role, set against a four-year degree. Same starting line, side by side.

Path A

The financial analyst route

Financial analysis is degree-gated, and the return is strong: a $102,740 median, faster-than-average demand, and a path to $180,860 at the top decile for those who add the CFA and move to the buy side or portfolio management.

Entry-level (P10)
$63,720
All-level median
$102,740
Path B

Four-year bachelor's degree

A bachelor's in finance, economics or accounting is the entry ticket; the CFA charter and, where selling securities, the FINRA licenses are what elevate an analyst toward the highest-paying investment roles.

Debt at year 4
βˆ’$35K
Year 5 (1st job)
~$60,000

Entry-level (10th percentile) and all-level median wages: BLS OEWS May 2025, SOC 13-2051. Student-debt figure: median federal borrower balance for bachelor's-degree completers. Starting-salary comparison is illustrative and varies by field and region.

FAQ

Financial Analyst Career, Frequently Asked Questions

How much does a financial analyst make?

The OEWS May 2025 median for Financial and Investment Analysts (SOC 13-2051) is $102,740 a year ($49.40 an hour), ranging from about $63,720 at the 10th percentile to $180,860 at the 90th, with the CFA, buy-side roles and portfolio management raising pay.

Do financial analysts need a CFA?

The CFA is not legally required, but the three-level charter is the marquee credential for investment analysis and strongly lifts pay and advancement; a finance-related degree is the actual entry requirement.

How does GlobalCybers help financial analysts find permanent jobs?

You set your career intent, target role, location, salary, credentials, and timeline, in 3 minutes. Our recruiters benchmark your pay against BLS data and live employer requirements, then bring matching permanent job opportunities directly to you. No applications. No job boards. We verify your credentials so employers see a complete, credible profile. After placement, we pay your licence renewal fees. Permanent, full-time, direct-hire only.

What does a financial analyst do?

Financial analysts build valuation and forecasting models, analyze companies, securities and budgets, and recommend how capital should be allocated β€” on a buy-side desk, in equity research, or inside a corporate FP&A team.

Is financial analyst a good career?

Yes for the analytically inclined β€” BLS projects 5.7% growth through 2034, faster than average, with about 25,100 annual openings, a $102,740 median, and a $180,860 top decile for senior and portfolio roles.

Do financial analysts need a securities license?

Only when the role involves recommending or selling securities β€” those positions require FINRA licenses such as the Series 7 and 63; pure research and corporate-finance analyst roles generally do not.

What degree do you need to be a financial analyst?

A bachelor's in finance, economics, accounting or a quantitative field is the typical entry credential, and many analysts add an MBA or the CFA charter to move into senior and investment-management roles.

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Financial Analyst (Accounting & Finance) β€” flat illustration: column chart with a rising trend line. Median pay (BLS OEWS May 2025) $102,740, Projected growth 2024–2034 +5.7%.
Financial Analyst: national median $102,740, BLS-projected +5.7% growth 2024–2034.
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