Entry Level Financial Analyst Jobs
As an entry level financial analyst, you can look forward to a starting salary of about $48,866, which according to Salary.com is the median expected salary for this field. Assuming that you have strong quantitative and analytical skills, this profession may be the perfect fit for you, as it will open the doors for you to work in a variety of industries once you complete your first years of training.
Because of the nature of this job, the financial analyst position has an established training program that will enable you to acquire specific skills in data management, processing and evaluation. This streamlined process can also help you better evaluate your progression in the field and identify the skills that you will need to perfect in order to achieve your goals and get promoted to the next level.
According to the BLS, the highest paying industries for financial analysts are as follows: financial investment activities, securities and commodities exchanges, insurance and employee benefit funds, securities and commodities contracts intermediation and brokerage, and advertising, public relations related services. The national mean annual estimate wage for this occupation once you progress from an entry level financial analyst position is $85,250. The mean annual wage for financial analysts is the highest in the state of New York, with an estimate of $107,650.
The highest concentration of financial analysts is in the states of Delaware, Massachusetts, and New York. Choosing an entry level job as a financial analyst in any of those three states, will help you create a strong network of fellow financial analysts which will come useful once you successfully finish your first years in the field and you are ready to explore more opportunities in this career path.
