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.

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.

Learn more about what a Business & Finance Analyst does

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 70.9% of business & finance analysts have a bachelor's degree. In terms of higher education levels, we found that 21.7% of business & finance analysts have master's degrees. Even though most business & finance analysts have a college degree, it's impossible to become one with only a high school degree or GED.

Learn More About How To Become a Business & Finance Analyst

Business & Finance Analyst Career Paths

Average Salary for a Business & Finance Analyst

Business & Finance Analysts in America make an average salary of $70,514 per year or $34 per hour. The top 10 percent makes over $99,000 per year, while the bottom 10 percent under $50,000 per year.
Average Business & Finance Analyst Salary
$70,514 Yearly
$33.90 hourly
$50,000
10 %
$70,000
Median
$99,000
90 %

What Am I Worth?

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How To Become a Business & Finance Analyst
How To Become a Business & Finance Analyst Career Overview

States With The Most Business & Finance Analyst Jobs

Mouse over a state to see the number of active business & finance analyst jobs in each state. The darker areas on the map show where business & finance analysts earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Business & Finance Analyst Jobs By State

RankStateNumber of JobsAverage Salary
1California6,528$76,263
2Texas4,084$69,236
3New York3,432$72,439
4Florida3,124$58,898
5Illinois2,620$61,887
6Ohio2,468$59,848
7Virginia2,396$64,472
8Massachusetts2,147$75,192
9Pennsylvania2,100$67,661
10Minnesota2,039$62,849
11Michigan1,973$61,307
12North Carolina1,961$71,621
13Georgia1,840$61,449
14New Jersey1,791$71,994
15Washington1,674$78,709
16Wisconsin1,536$60,265
17Missouri1,480$69,053
18Tennessee1,448$58,013
19Indiana1,378$56,069
20Maryland1,349$64,561
21Colorado1,241$62,881
22Arizona1,166$71,605
23Alabama948$62,120
24Oregon857$65,570
25South Carolina843$57,735
26Iowa805$57,036
27Kentucky795$56,744
28Utah779$59,970
29Connecticut766$69,427
30Louisiana635$59,700
31Kansas611$56,178
32Nebraska601$58,005
33Nevada583$69,056
34Arkansas518$59,774
35Mississippi419$58,157
36New Mexico404$68,767
37Oklahoma401$57,575
38Delaware361$58,743
39New Hampshire298$68,238
40Idaho293$60,693
41Rhode Island274$70,712
42South Dakota272$53,609
43West Virginia263$63,428
44Montana248$55,295
45Alaska236$54,384
46Maine213$56,778
47North Dakota204$51,544
48Hawaii194$66,899
49Vermont154$61,381
50Wyoming138$62,157

Business & Finance Analyst Education

Business & Finance Analyst Majors

30.8 %
22.3 %

Business & Finance Analyst Degrees

Bachelors

70.9 %

Masters

21.7 %

Associate

5.3 %

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

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, 12.7% of business & finance analysts listed financial analysis on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Business & Finance Analyst Resume templates

Zippia allows you to choose from different easy-to-use Business & Finance Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Business & Finance Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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

Business & Finance Analyst Demographics

Business & Finance Analyst Gender Distribution

Male
Male
56%
Female
Female
44%

After extensive research and analysis, Zippia's data science team found that:

  • Among business & finance analysts, 44.4% of them are women, while 55.6% are men.

  • The most common race/ethnicity among business & finance analysts is White, which makes up 61.4% of all business & finance analysts.

  • The most common foreign language among business & finance analysts is Spanish at 34.5%.

Work Experience Programs For Business & Finance Analysts

Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!

Corporate Analyst Development Program (CADP) Program

Company: JPMorgan Chase & Co.

Cost: Free

Duration: 4.25-5.75 hours

Audit Program

Company: Grant Thornton Australia

Cost: Free

Duration: 5-6 hours

Career Catalyst: Audit Program

Company: KPMG U.S.

Cost: Free

Duration: 5-6 hours

Workplace Preparation Program

Company: ANZ

Cost: Free

Duration: 5-6 hours

Digital Intelligence in Business Transformation Program

Company: PwC Switzerland

Cost: Free

Duration: 7-8 hours

Business and Human Rights Program

Company: Clifford Chance

Cost: Free

Duration: 7.5-8.5 hours

Process Design Program

Company: Accenture North America

Cost: Free

Duration: 5-6 hours

Data Visualisation: Empowering Business with Effective Insights Program

Company: Tata

Cost: Free

Duration: 3.5-4.5 hours

Developer Program

Company: Accenture Nordics

Cost: Free

Duration: 2-3 hours

Data Analytics Program

Company: General Electric

Cost: Free

Duration: 5-6 hours

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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 Washington, California, Massachusetts, and New York. Business & finance analysts make the most in Washington with an average salary of $78,709. Whereas in California and Massachusetts, they would average $76,263 and $75,192, respectively. While business & finance analysts would only make an average of $72,439 in New York, 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. Washington

Total Business & Finance Analyst Jobs:
1,674
Highest 10% Earn:
$111,000
Location Quotient:
1.03

2. Nevada

Total Business & Finance Analyst Jobs:
583
Highest 10% Earn:
$98,000
Location Quotient:
1.25

3. Massachusetts

Total Business & Finance Analyst Jobs:
2,147
Highest 10% Earn:
$106,000
Location Quotient:
1.05
Full List Of Best States For Business & Finance Analysts

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Top Business & Finance Analyst Employers

Most Common Employers For Business & Finance Analyst

RankCompanyAverage SalaryHourly RateJob Openings
1Microsoft$120,187$57.7813
2Cisco$104,983$50.4767
3IBM$89,882$43.2145
4Iris Software$84,049$40.4116
5Accenture$83,446$40.1225
6Pacific Gas and Electric$80,636$38.7711
7Citi$78,707$37.8426
8McKesson$75,578$36.3428
9DXC Technology$74,720$35.9211
10Hewlett Packard Enterprise$73,484$35.3329

Business & Finance Analyst Videos