Based on recent jobs postings on Zippia, the average salary in the U.S. for an Analyst is $76,059 per year or $37 per hour. The highest paying Analyst jobs have a salary over $98,000 per year while the lowest paying Analyst jobs pay $58,000 per year
A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.
Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Managers are responsible for a specific department, function, or employee group. They oversee their assigned departments and all the employees under the department. Managers are responsible that the department they are handling is functioning well. They set the department goals and the steps they must take to achieve the goals. They are also in charge of assessing the performance of their departments and their employees. Additionally, managers are responsible for interviewing prospective candidates for department vacancies and assessing their fit to the needs of the department. Managers also set the general working environment in the department, and they are expected to ensure that their employees remain motivated.
A systems analyst is responsible for monitoring the effectiveness of technology systems and analyzing its efficiency for business operations and clients' needs. Systems analysts create specific modifications to operating systems and help design solutions and processes. Other tasks include managing the system's workflow, diagnosing and detecting malfunctions, performing troubleshooting, and assisting clients' with their concerns. A systems analyst must have excellent command with programming languages and the knowledge with the technology industry to understand systems' complexities and processes.
Yes, you can make $100,000 per year as an analyst. The chances of earning over $100k for an analyst are actually pretty good because the highest-paid analyst positions typically pay at least $98,000 per year. The average annual salary is $76,059 for analyst jobs. For example, analysts in Washington whose salaries are in the 90th percentile earn an average salary of $108,000.
Yes, analyst jobs are in demand. The job market for analysts is projected to grow 11% from 2019 to 2029, much faster than the average for all occupations.
Demand for the services of these workers is expected to increase as organizations continue to seek ways to improve efficiency and control costs.
The term analyst is an umbrella term that can be used to describe many different types of analysts, including financial, business, tax, information, management, technical, etc.
There are many analyst domains (e.g., data, financial, business), and across most of these domains, analysts are highly sought after and will continue to remain in high demand.
Analysts are most likely to find job opportunities in the following sectors:
Media and entertainment
Wellness and fitness
Transport and logistics
Yes, analysts make good money. The national average salary for an Analyst is $72,821 per year. The number of years of experience and the type of analyst (e.g., business, data, finance) impacts how much you can earn as an analyst.
The national average salary by the number of years of experience as an analyst:
Entry-level position (Zero to one year) earns $60,000 per year
Junior-level position (Two to five years) earns $72,821 per year
Mid-level position (Six to nine years) earns $88,000 per year
Lead Analyst position (Ten plus years) earns $986,384 per year
The National Average Earnings for Popular Analysts Types:
Vendor analyst averages $37,944 per year
Intelligence analyst averages $40,794 per year
Geospatial analysts averages $45,487 per year
Tax analyst averages $66,461 per year
Financial analyst averages $71,131 per year
Project analyst averages $74,737 per year
Data analyst averages $74,829 per year
Network analyst averages $75,795 per year
Economic analyst averages $76,986 per year
Research analyst averages: $62,277 per year
Business analyst averages $79,195 per year
Computer systems analyst averages $79,553 per year
Technical analyst averages $85,072 per year
Management analyst averages $88,327 per year
Business systems analyst averages $90,843 per year
Program Analyst averages $96,733 per year