Assistant analysts are finance professionals who usually work in the banking or corporate sector. Their main purpose is to work on management of corporate strategy and economic trends.
Their duties and responsibilities as an assistant analyst are to record financial transaction and analyze financial statements of the company concerned. They ensure complete and accurate accounting statements to confirm to the principles of accounting. They also help the company to analyze the best option in selling the company shares to the public for the first time among others. Essential skills necessary to be successful in this capacity include in-depth knowledge of accounting principles, computer proficiency, statistical knowledge, mathematical, and analytical. Educational requirements for the position include a bachelor's degree in finance, accounting, or a relevant field. Prior work experience is desirable, but not mandatory.
The average hourly salary for this position is $25, which amounts to $52,000 annually. The career is projected to substantially grow in the near future, resulting in various new job opportunities emerging all over the United States.
There is more than meets the eye when it comes to being an assistant analyst. For example, did you know that they make an average of $25.19 an hour? That's $52,391 a year!
Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.
There are certain skills that many assistant analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, analytical skills and communication skills.
When it comes to the most important skills required to be an assistant analyst, we found that a lot of resumes listed 20.2% of assistant analysts included powerpoint, while 16.5% of resumes included financial statements, and 9.2% of resumes included data entry. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the assistant analyst job title. But what industry to start with? Most assistant analysts actually find jobs in the finance and manufacturing industries.
If you're interested in becoming an assistant analyst, one of the first things to consider is how much education you need. We've determined that 70.9% of assistant analysts have a bachelor's degree. In terms of higher education levels, we found that 11.6% of assistant analysts have master's degrees. Even though most assistant analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an assistant analyst. When we researched the most common majors for an assistant analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on assistant analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an assistant analyst. In fact, many assistant analyst jobs require experience in a role such as internship. Meanwhile, many assistant analysts also have previous career experience in roles such as administrative assistant or customer service representative.