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Market risk analyst education requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become a market risk analyst. Market risk analysts usually study finance, economics, or business. 64% of market risk analysts hold a bachelor's degree, and 34% hold an master's degree. We analyzed 327 real market risk analyst resumes to see exactly what market risk analyst education sections show.
The most common colleges for market risk analysts are the Teachers College of Columbia University and the Teachers College of Columbia University.
There are also many online market risk analyst courses to help get the education required to be a market risk analyst.
There are certain market risk analyst certifications that you should consider. These market risk analyst certifications include Certified Financial Risk Manager (FRM) and Chartered Financial Analyst (CFA).
What education do you need to become a market risk analyst?
What degree do you need to be a market risk analyst?
- Bachelor's, 64%
- Master's, 34%
- Diploma, 1%
- Doctorate, 1%
- Other Degrees, 0%
What should I major in to become a market risk analyst?
- Finance, 35%
- Economics, 15%
- Business, 12%
- Mathematics, 9%
- Other Majors, 29%
Most common colleges for market risk analysts
| Market risk analyst common college | Percentages |
|---|---|
| Teachers College of Columbia University | 10.39% |
| New York University | 9.09% |
| Northeastern University | 9.09% |
| Rutgers, The State University of New Jersey | 7.79% |
| Baruch College of the City University of New York | 7.79% |
Best majors for market risk analysts
| Rank | Major | Percentages |
|---|---|---|
| 1 | Finance | 35.0% |
| 2 | Economics | 14.8% |
| 3 | Business | 12.3% |
| 4 | Mathematics | 8.6% |
| 5 | Accounting | 6.2% |
Best colleges for market risk analysts
The best colleges for market risk analysts are Northwestern University, University of Pennsylvania, and Vanderbilt University.
A market risk analyst with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for market risk analysts. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become market risk analysts.
1. University of Pennsylvania
Philadelphia, PA • Private
In-state tuition
$55,584
Enrollment
10,764
2. University of Georgia
Athens, GA • Private
In-state tuition
$11,830
Enrollment
29,474
3. Northwestern University
Evanston, IL • Private
In-state tuition
$54,568
Enrollment
8,451
4. University of Wisconsin - Madison
Madison, WI • Private
In-state tuition
$10,555
Enrollment
30,360
5. University of Maryland - College Park
College Park, MD • Private
In-state tuition
$10,595
Enrollment
30,184
6. Stanford University
Stanford, CA • Private
In-state tuition
$51,354
Enrollment
7,083
7. University of Minnesota - Twin Cities
Minneapolis, MN • Private
In-state tuition
$14,760
Enrollment
31,451
8. University of Texas at Austin
Austin, TX • Private
In-state tuition
$10,610
Enrollment
40,329
9. University of Southern California
Los Angeles, CA • Private
In-state tuition
$56,225
Enrollment
19,548
10. Purdue University
West Lafayette, IN • Private
In-state tuition
$9,992
Enrollment
33,495
20 best online courses for market risk analysts
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3. Data Analyst
Use Python, SQL and Statistics to advance your programming skills and refine your ability to work with messy, complex datasets...
4. Marketing Analytics
Gain an in-depth understanding of Google Analytics and marketing analytics. Analyze data and build models with Excel, Data Studio, and create informative data visualizations with Tableau...
5. Market Risk Management: Frameworks & Strategies
This course provides the foundation for understanding the frameworks used to develop market risk management strategies. You will identify the market risks associated with each type of financial instrument. You will be introduced to techniques for estimating the risk associated with each class of investments. By the end of the course, you will be able to select the most effective derivatives for managing risk of a single asset and a portfolio of assets, develop asset selection strategies for...
6. Introduction to Compliance Risk Management CRM
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7. Interest Rate Swaps: Structure, Pricing & Risk Management
Interest Rate Swaps Risk Management Hedging OTC Clearinghouses Swap Valuation Floating Interest Rates...
8. Digital Marketing (Part Time)
Build confidence and capability to apply modern marketing strategies on the job. Drive growth with multichannel campaigns powered by data and customer insight. This course is offered in person and live online, in a remote classroom setting...
9. Intro to Data Analytics
Discover if data is a career fit for you Regardless of your industry or role, fluency in the language of data analytics will allow you to contribute to data driven decision making. In this free, two-hour livestream, you’ll learn to understand, analyze, and interpret data so you too can join the data conversation. We’ll cover how to ask the right questions of your data and basic analytic functionality. Then you’ll apply your new found data analytic skills to a real-world dataset, allowing you...
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Get hands-on practice with over 80 data structures and algorithm exercises and guidance from a dedicated mentor to help prepare you for interviews and on-the-job scenarios...
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You will start by building data visualizations and dashboards, considering your audiences to be as effective as possible. Then, you’ll move into drafting presentations using storytelling techniques, visualizations, and animations to provide data-driven recommendations...
12. Learn Risk Management: Risk Planning in Agile and Scrum
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13. Informed Risk Taking: Risk Management Process - Analysis
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14. Digital Marketing
Gain real-world experience running live campaigns as you learn from top experts in the field. Launch your career with a 360-degree understanding of digital marketing...
15. Intro to Data Analysis
Start your data science journey right with this hands-on introduction to the discipline of data analysis. In this course you'll learn the 5 key stages of the data analysis process and apply them to real data sets using Python libraries NumPy, pandas, and Matplotlib...
16. Operational Risks Management ORM
Operational Risks Management ORM Case Studies for Risk Management, Compliance, Audit, IS Security, Banking Professionals...
17. Risk Management: Hazard Identification & Risk Assessment
Risk Management: Hazard Identification & Risk Assessment (HIRA), Hazard Control & Mitigation, Risk Evaluation Techniques...
18. Data Visualization
Discover how data visualization can communicate insights far more effectively than text or tables. In this course, you’ll learn how to build data visualizations programmatically using Python, and how you can use visualization to both discover and convey trends in your data...
19. Experimental Design & Recommendations
Learn two of the most in-demand skills in the entire field of data science! By the end of this course, you’ll know how to generate personalized recommendations based on user data, as well as run statistically valid tests that produce clean, interpretable results...
20. Risk Management: An Introduction
An essential guide to understanding Risk Management...
Top 10 most affordable universities for market risk analysts
The most affordable schools for market risk analysts are Baruch College of the City University of New York, california state university - long beach, and university of florida.
If the best universities for market risk analysts are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for market risk analysts.
1. Baruch College of the City University of New York
New York, NY • Private
In-state tuition
$7,262
Cost of attendance
14,046
2. California State University - Long Beach
Long Beach, CA • Private
In-state tuition
$6,798
Cost of attendance
18,306
3. University of Florida
Gainesville, FL • Private
In-state tuition
$6,381
Cost of attendance
21,034
4. University of Puerto Rico - Mayaguez
Mayaguez, PR • Private
In-state tuition
$4,094
Cost of attendance
14,302
5. Brigham Young University
Provo, UT • Private
In-state tuition
$5,620
Cost of attendance
18,136
6. Florida State University
Tallahassee, FL • Private
In-state tuition
$5,656
Cost of attendance
21,623
7. Brooklyn College of the City University of New York
Brooklyn, NY • Private
In-state tuition
$7,240
Cost of attendance
13,991
8. Florida International University
Miami, FL • Private
In-state tuition
$6,556
Cost of attendance
19,434
9. SUNY Farmingdale
Farmingdale, NY • Private
In-state tuition
$8,306
Cost of attendance
16,091
10. California State University - Dominguez Hills
Carson, CA • Private
In-state tuition
$6,942
Cost of attendance
14,469
Top 10 hardest universities to get into for market risk analysts
The hardest universities for market risk analysts to get into are Northwestern University, University of Pennsylvania, and Vanderbilt University.
Some great schools for market risk analysts are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for market risk analysts based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. Northwestern University
Evanston, IL • Private
Admissions rate
8%
SAT average
1,508
2. University of Pennsylvania
Philadelphia, PA • Private
Admissions rate
8%
SAT average
1,492
3. Vanderbilt University
Nashville, TN • Private
Admissions rate
10%
SAT average
1,514
4. Johns Hopkins University
Baltimore, MD • Private
Admissions rate
11%
SAT average
1,513
5. Carnegie Mellon University
Pittsburgh, PA • Private
Admissions rate
17%
SAT average
1,507
6. University of Southern California
Los Angeles, CA • Private
Admissions rate
13%
SAT average
1,445
7. Washington University in St Louis
Saint Louis, MO • Private
Admissions rate
15%
SAT average
1,506
8. Boston University
Boston, MA • Private
Admissions rate
22%
SAT average
1,420
9. University of Chicago
Chicago, IL • Private
Admissions rate
7%
SAT average
1,520
10. University of Notre Dame
Notre Dame, IN • Private
Admissions rate
18%
SAT average
1,502
Top 10 easy-to-apply-to universities for market risk analysts
The easiest schools for market risk analysts to get into are Oklahoma Wesleyan University, barry university, and university of the incarnate word.
Some schools are much easier to get into. If you want to start your career as a market risk analyst without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for market risk analysts.
1. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions rate
68%
SAT average
964
2. Barry University
Miami, FL • Private
Admissions rate
91%
SAT average
1,006
3. University of the Incarnate Word
San Antonio, TX • Private
Admissions rate
88%
SAT average
1,044
4. University of Houston - Downtown
Houston, TX • Private
Admissions rate
83%
SAT average
1,012
5. Notre Dame College
Cleveland, OH • Private
Admissions rate
90%
SAT average
994
6. Kean University
Union, NJ • Private
Admissions rate
86%
SAT average
991
7. San Francisco State University
San Francisco, CA • Private
Admissions rate
72%
SAT average
1,054
8. William Paterson University of New Jersey
Wayne, NJ • Private
Admissions rate
93%
SAT average
994
9. Iona College
New Rochelle, NY • Private
Admissions rate
88%
SAT average
1,089
10. The University of Texas Permian Basin
Odessa, TX • Private
Admissions rate
91%
SAT average
1,046
Average market risk analyst salary by education level
| Market risk analyst education level | Market risk analyst salary |
|---|---|
| Master's Degree | $105,377 |
| Bachelor's Degree | $92,685 |
| Doctorate Degree | $106,341 |
Market risk analyst education FAQs
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Updated January 8, 2025
Updated January 8, 2025