Working as a Finance Planning Analyst

There is more than meets the eye when it comes to being a finance planning analyst. For example, did you know that they make an average of $37.24 an hour? That's $77,469 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 Finance Planning Analyst Do

There are certain skills that many finance planning 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, math skills and computer skills.

When it comes to the most important skills required to be a finance planning analyst, we found that a lot of resumes listed 22.8% of finance planning analysts included financial statements, while 6.3% of resumes included powerpoint, and 5.7% of resumes included financial performance. 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 finance planning analyst job title. But what industry to start with? Most finance planning analysts actually find jobs in the technology and finance industries.

How To Become a Finance Planning Analyst

If you're interested in becoming a finance planning analyst, one of the first things to consider is how much education you need. We've determined that 47.6% of finance planning analysts have a bachelor's degree. In terms of higher education levels, we found that 45.5% of finance planning analysts have master's degrees. Even though most finance planning analysts have a college degree, it's impossible 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 finance planning analyst. When we researched the most common majors for a finance planning analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on finance planning analyst resumes include associate degree degrees or doctoral degree degrees.

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

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Average Salary$77,469
Job Growth Rate6%

Finance Planning Analyst Jobs

Finance Planning Analyst Career Paths

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Average Salary for a Finance Planning Analyst

Finance Planning Analysts in America make an average salary of $77,469 per year or $37 per hour. The top 10 percent makes over $105,000 per year, while the bottom 10 percent under $56,000 per year.
Average Salary
$77,469

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Financial Planning Analyst, FPA
Financial Planning Analyst, FPA
Randstad
Randstad
06/25/2020
06/25/2020
$75,00006/25/2020
$75,000
Financial Planning/Client Relations
Financial Planning/Client Relations
Spherion
Spherion
06/19/2020
06/19/2020
$41,74006/19/2020
$41,740
Financial Planning & Analysis Senior Analyst (Business Finance Officer III)
Financial Planning & Analysis Senior Analyst (Business Finance Officer III)
King County Washington
King County Washington
04/24/2020
04/24/2020
$83,79304/24/2020
$83,793
Financial Planning and Analysis Analyst
Financial Planning and Analysis Analyst
Robert Half
Robert Half
03/23/2020
03/23/2020
$90,00003/23/2020
$90,000
Financial Planning and Analysis Analyst
Financial Planning and Analysis Analyst
Robert Half
Robert Half
02/28/2020
02/28/2020
$90,00002/28/2020
$90,000
See More Recent Salaries

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Finance Planning Analyst Demographics

Gender

Male

56.8 %

Female

35.5 %

Unknown

7.7 %
Ethnicity

White

55.6 %

Hispanic or Latino

15.8 %

Asian

14.2 %
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Foreign Languages Spoken

Spanish

36.4 %

Mandarin

10.6 %

French

10.6 %
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Finance Planning Analyst Education

Schools

New York University

9.8 %

University of Texas at Austin

7.2 %

Columbia University

7.2 %

Pennsylvania State University

6.5 %
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Majors

Finance

32.9 %

Business

28.7 %

Accounting

17.4 %

Economics

4.2 %
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Degrees

Bachelors

47.6 %

Masters

45.5 %

Certificate

4.0 %

Associate

1.4 %
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Entry Level Jobs For Becoming A Finance Planning Analyst

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Finance Planning 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, 22.8% of finance planning analysts listed financial statements on their resume, but soft skills such as analytical skills and math skills are important as well.

Best States For a Finance Planning Analyst

Some places are better than others when it comes to starting a career as a finance planning analyst. The best states for people in this position are New York, California, West Virginia, and Montana. Finance planning analysts make the most in New York with an average salary of $93,124. Whereas in California and West Virginia, they would average $88,136 and $85,389, respectively. While finance planning analysts would only make an average of $82,310 in Montana, 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 Finance Planning Analyst Jobs:
1,462
Highest 10% Earn:
$153,000
Location Quotient:
1.46
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. California

Total Finance Planning Analyst Jobs:
3,069
Highest 10% Earn:
$146,000
Location Quotient:
1.25
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. Massachusetts

Total Finance Planning Analyst Jobs:
826
Highest 10% Earn:
$143,000
Location Quotient:
1.29
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 Finance Planning Analyst Employers

1. Boeing
4.9
Avg. Salary: 
$75,123
Finance Planning Analysts Hired: 
42+
2. Citi
4.9
Avg. Salary: 
$73,912
Finance Planning Analysts Hired: 
25+
3. IBM
4.7
Avg. Salary: 
$84,673
Finance Planning Analysts Hired: 
24+
4. Ameriprise Financial
4.7
Avg. Salary: 
$88,421
Finance Planning Analysts Hired: 
18+
5. Target
4.7
Avg. Salary: 
$42,036
Finance Planning Analysts Hired: 
15+
6. General Electric
4.7
Avg. Salary: 
$85,521
Finance Planning Analysts Hired: 
14+

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Recently Added Finance Planning Analyst Jobs

Updated October 2, 2020