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Working as an Associate Analyst

Associate analysts are junior members of a company who contribute to researching the business processes of a specific department. They create reports on their findings and present them to management. They use the presented information to make decisions.

As an associate analyst, you can work in many different industries with your duties remaining quite consistent. These tasks include dissecting company operations and working towards finding the most time-efficient and cost-effective solutions.

Whether they work in IT, business, or financing, an associate analyst is involved in upgrading operational systems, researching new products, creating models for database handling, and documenting processes. An observant attitude and analytical thinking go a long way in this career path. Technological aptitude and a willingness to be a team player are also helpful traits.

There is more than meets the eye when it comes to being an associate analyst. For example, did you know that they make an average of $35.42 an hour? That's $73,677 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.

What Does an Associate Analyst Do

There are certain skills that many associate 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 computer skills, math skills and detail oriented.

When it comes to the most important skills required to be an associate analyst, we found that a lot of resumes listed 11.6% of associate analysts included procedures, while 8.0% of resumes included customer service, and 6.3% of resumes included powerpoint. 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 associate analyst job title. But what industry to start with? Most associate analysts actually find jobs in the finance and technology industries.

How To Become an Associate Analyst

If you're interested in becoming an associate analyst, one of the first things to consider is how much education you need. We've determined that 48.7% of associate analysts have a bachelor's degree. In terms of higher education levels, we found that 36.2% of associate analysts have master's degrees. Even though most associate 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 associate analyst. When we researched the most common majors for an associate analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on associate analyst resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become an associate analyst. In fact, many associate analyst jobs require experience in a role such as internship. Meanwhile, many associate analysts also have previous career experience in roles such as administrative assistant or research assistant.

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Average Salary$73,677
Job Growth Rate6%

Associate Analyst Career Paths

Top Careers Before Associate Analyst

Top Careers After Associate Analyst

Analyst
17.2 %

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Associate Analyst

Associate Analysts in America make an average salary of $73,677 per year or $35 per hour. The top 10 percent makes over $99,000 per year, while the bottom 10 percent under $54,000 per year.
Average Salary
$73,677

Best Paying Cities

City
Average Salary
Stamford, CT
Salary Range61k - 111k$83k$83,164
New York, NY
Salary Range61k - 110k$82k$82,239
San Bruno, CA
Salary Range60k - 100k$78k$78,211
Washington, DC
Salary Range53k - 92k$70k$70,342
Jersey City, NJ
Salary Range51k - 93k$70k$69,569
Arlington, VA
Salary Range52k - 91k$69k$69,133
$37k
$111k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Analyst, Implemented Solutions (Associate, Mid-Level or Senior)
Analyst, Implemented Solutions (Associate, Mid-Level or Senior)
Credit Acceptance Corporation
Credit Acceptance Corporation
12/12/2020
12/12/2020
$65,00012/12/2020
$65,000
Associate Analyst
Associate Analyst
Robert Half
Robert Half
11/11/2020
11/11/2020
$62,61011/11/2020
$62,610
Associate Analyst-Department of State
Associate Analyst-Department of State
Censeo Consulting Group
Censeo Consulting Group
10/10/2020
10/10/2020
$43,00010/10/2020
$43,000
Associate Health Services Analyst-Cardiovascular Medicine
Associate Health Services Analyst-Cardiovascular Medicine
Mayo Clinic
Mayo Clinic
09/13/2020
09/13/2020
$53,94909/13/2020
$53,949
EDT Associate Analyst
EDT Associate Analyst
Fidelity Talentsource
Fidelity Talentsource
06/17/2020
06/17/2020
$50,08806/17/2020
$50,088
See More Recent Salaries

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Associate Analyst Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming an Associate Analyst. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write an Associate Analyst Resume

At Zippia, we went through countless Associate Analyst resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

Associate Analyst Demographics

Gender

male

48.5 %

female

44.3 %

unknown

7.2 %

Ethnicity

White

70.4 %

Asian

12.9 %

Hispanic or Latino

8.1 %

Foreign Languages Spoken

Spanish

30.6 %

French

14.8 %

Mandarin

10.5 %
See More Demographics

Associate Analyst Education

Majors

Finance
24.3 %
Business
24.0 %

Degrees

Bachelors

48.7 %

Masters

36.2 %

Associate

5.6 %

Top Colleges for Associate Analysts

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. San Diego State University

San Diego, CA • Public

In-State Tuition
$7,488
Enrollment
30,018

5. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

6. SUNY Stony Brook

Stony Brook, NY • Public

In-State Tuition
$9,625
Enrollment
17,407

7. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

8. University of Minnesota - Twin Cities

Minneapolis, MN • Public

In-State Tuition
$14,760
Enrollment
31,451

9. University of Illinois at Urbana-Champaign

Champaign, IL • Public

In-State Tuition
$15,094
Enrollment
32,974

10. University of Notre Dame

Notre Dame, IN • Private

In-State Tuition
$53,391
Enrollment
8,568
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Associate Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.6% of associate analysts listed procedures on their resume, but soft skills such as computer skills and math skills are important as well.

Best States For an Associate Analyst

Some places are better than others when it comes to starting a career as an associate analyst. The best states for people in this position are Connecticut, New York, California, and New Jersey. Associate analysts make the most in Connecticut with an average salary of $82,567. Whereas in New York and California, they would average $81,970 and $75,048, respectively. While associate analysts would only make an average of $69,632 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Associate Analyst Jobs:
2,650
Highest 10% Earn:
$142,000
Location Quotient:
1.43
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Connecticut

Total Associate Analyst Jobs:
488
Highest 10% Earn:
$141,000
Location Quotient:
1.09
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. North Carolina

Total Associate Analyst Jobs:
1,154
Highest 10% Earn:
$107,000
Location Quotient:
1.01
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Associate Analyst Employers

1. Moody's
4.9
Avg. Salary: 
$98,143
Associate Analysts Hired: 
292+
2. Mastercard
4.8
Avg. Salary: 
$80,154
Associate Analysts Hired: 
53+
3. National Research
4.4
Avg. Salary: 
$77,479
Associate Analysts Hired: 
47+
4. Citi
4.8
Avg. Salary: 
$80,219
Associate Analysts Hired: 
41+
5. National Grid plc
4.7
Avg. Salary: 
$64,654
Associate Analysts Hired: 
29+
6. Acxiom
4.6
Avg. Salary: 
$69,601
Associate Analysts Hired: 
27+
Updated October 2, 2020