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This question is about program finance analyst jobs, finance analyst jobs, and program finance analyst salaries.
Do financial analysts get paid well?
Yes, financial analysts get paid well. The median salary for a financial analyst in 2020 is $83,660, with entry-level salaries starting at $55,500 (including bonuses /commissions).
The best-paid 25% made $109,330 that year, while the lowest-paid 25% made $61,850. Financial analysts tend to earn the most in large financial hubs, such as New York City or San Francisco. Bridgeport, Connecticut, is also a lucrative destination for analysts.
For analysts working in investment banking and asset management, starting salaries can be much higher, typically between $100,000 - $125,000. Irrespective of what type of financial analyst, it's a lucrative career with more senior analysts earning anywhere from $90,000 to $150,000.
According to Linkedin, average earning (with bonus) for the most common types of Financial Analysts are:
Investment banking: $85,000 ($111,000)
Equity research analyst: $85,000 ($100,000)
Treasury analyst: $62,000 ($64,100)
Financial planning analyst: $70,000 ($71,000)
Private equity analyst: $85,000 ($90,000)
Corporate development analyst: $75,100 ($80,300)
Also, depending on the state or city, the average annual wages may vary higher. For example, New York (Mean Salary: $91,500) compared to Louisiana (Mean Salary: $48,457).
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