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Business & Finance Analyst Careers

A little reminiscent of the phrase 'best of both worlds,' the Business Finance Analyst examines the company's current financial standing and business model and recommends possible improvements, fixes, and methods. Once that process is complete, they implement those improvements as needed or wanted by the employer. A business finance analyst might also help individuals pick and choose how and where they make investments or work with various clients through a financial institution position.

With developing technology and the ever-growing necessity for an online presence, this analyst will, amongst other skills, need to have some knowledge of online and social media management, software like Excel and Google Analytics, and e-commerce and performance marketing.

A possible candidate for many business finance analyst positions will need at least a bachelor's degree in finance, statistics, business, or a related field of study. They will also need to know laws related to the finance industry, have good accounting skills, and experience in corporate finance, investment banking, or financial analysis.

There is more than meets the eye when it comes to being a business & finance analyst. For example, did you know that they make an average of $34.09 an hour? That's $70,903 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 a Business & Finance Analyst Do

There are certain skills that many business & finance 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 analytical skills, communication skills and computer skills.

When it comes to the most important skills required to be a business & finance analyst, we found that a lot of resumes listed 21.2% of business & finance analysts included financial statements, while 15.4% of resumes included business process, and 3.5% of resumes included data analysis. 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 business & finance analyst job title. But what industry to start with? Most business & finance analysts actually find jobs in the finance and technology industries.

How To Become a Business & Finance Analyst

If you're interested in becoming a business & finance analyst, one of the first things to consider is how much education you need. We've determined that 67.9% of business & finance analysts have a bachelor's degree. In terms of higher education levels, we found that 20.5% of business & finance analysts have master's degrees. Even though most business & finance 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 a business & finance analyst. When we researched the most common majors for a business & finance analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on business & finance analyst resumes include associate degree degrees or diploma degrees.

You may find that experience in other jobs will help you become a business & finance analyst. In fact, many business & finance analyst jobs require experience in a role such as business analyst. Meanwhile, many business & finance analysts also have previous career experience in roles such as finance analyst or senior finance analyst.

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Average Salary
$70,903
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
85,621
Job Openings

Business & Finance Analyst Career Paths

Top Careers Before Business & Finance Analyst

Top Careers After Business & Finance Analyst

Business & Finance Analyst Jobs You Might Like

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 a Business & Finance Analyst

Business & Finance Analysts in America make an average salary of $70,903 per year or $34 per hour. The top 10 percent makes over $97,000 per year, while the bottom 10 percent under $51,000 per year.
Average Salary
$70,903
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities

City
ascdesc
Average Salarydesc
New York, NY
Salary Range59k - 107k$80k$80,374
San Francisco, CA
Salary Range59k - 101k$78k$77,780
Sayreville, NJ
Salary Range55k - 100k$75k$74,767
Seattle, WA
Salary Range59k - 93k$75k$74,639
Saint Louis, MO
Salary Range56k - 96k$74k$73,947
Quincy, MA
Salary Range54k - 98k$73k$73,495
$38k
$107k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Financial Business Analyst
Financial Business Analyst
Randstad
Randstad
06/15/2021
06/15/2021
$125,22006/15/2021
$125,220
Business Analyst, Finance
Business Analyst, Finance
Brilliant Earth
Brilliant Earth
06/11/2021
06/11/2021
$60,00006/11/2021
$60,000
Business Financial Analyst
Business Financial Analyst
The Standard
The Standard
06/08/2021
06/08/2021
$60,80006/08/2021
$60,800
Financial Crimes Business Analyst
Financial Crimes Business Analyst
Randstad
Randstad
05/20/2021
05/20/2021
$75,13205/20/2021
$75,132
Financial Crimes Business Analyst
Financial Crimes Business Analyst
Randstad
Randstad
05/20/2021
05/20/2021
$75,13205/20/2021
$75,132
See More Recent Salaries

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Business & Finance 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 a Business & Finance 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 a Business & Finance Analyst Resume

At Zippia, we went through countless Business & Finance 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.

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Business & Finance Analyst Demographics

Gender

male

51.9 %

female

40.7 %

unknown

7.4 %

Ethnicity

White

70.4 %

Asian

12.9 %

Hispanic or Latino

8.1 %

Foreign Languages Spoken

Spanish

34.5 %

French

13.2 %

Chinese

9.8 %
See More Demographics

Business & Finance Analyst Education

Majors

Business
30.1 %
Finance
22.0 %

Degrees

Bachelors

67.9 %

Masters

20.5 %

Associate

5.2 %

Top Colleges for Business & Finance 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 • Private

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 • Private

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 • Private

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

9. University of Illinois at Urbana-Champaign

Champaign, IL • Private

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

Online Courses For Business & Finance Analyst That You May Like

Business Analysis: Developing Irresistible Business Cases
udemy
4.5
(656)

Building the business acumen you need to promote your projects to management...

Business Analysis Essentials
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4.1
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Advance from a complete novice to a confident Business Analyst with the help of an expert...

Business analysis & Scrum with JIRA for Software development
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Become a great business analyst, product owner & scrum master with JIRA & Confluence. Business analysis & Scrum course...

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Top Skills For a Business & Finance 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, 21.2% of business & finance analysts listed financial statements on their resume, but soft skills such as analytical skills and communication skills are important as well.

Best States For a Business & Finance Analyst

Some places are better than others when it comes to starting a career as a business & finance analyst. The best states for people in this position are New York, Colorado, New Jersey, and Washington. Business & finance analysts make the most in New York with an average salary of $80,008. Whereas in Colorado and New Jersey, they would average $76,681 and $74,708, respectively. While business & finance analysts would only make an average of $74,055 in Washington, 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 Business & Finance Analyst Jobs:
3,432
Highest 10% Earn:
$138,000
Location Quotient:
1.2
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. Missouri

Total Business & Finance Analyst Jobs:
1,480
Highest 10% Earn:
$119,000
Location Quotient:
1.14
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. Minnesota

Total Business & Finance Analyst Jobs:
2,039
Highest 10% Earn:
$116,000
Location Quotient:
1.38
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 Business & Finance Analyst Employers

1. Cisco Systems
4.8
Avg. Salary: 
$92,364
Business & Finance Analysts Hired: 
67+
2. IBM
4.8
Avg. Salary: 
$78,265
Business & Finance Analysts Hired: 
45+
3. Boeing
4.9
Avg. Salary: 
$81,713
Business & Finance Analysts Hired: 
31+
4. Hewlett-Packard
4.8
Avg. Salary: 
$82,297
Business & Finance Analysts Hired: 
29+
5. Bank of America
4.8
Avg. Salary: 
$69,641
Business & Finance Analysts Hired: 
28+
6. McKesson
4.8
Avg. Salary: 
$72,767
Business & Finance Analysts Hired: 
28+

Business & Finance Analyst Videos

Updated October 2, 2020