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Working as a Project Finance Analyst

There is more than meets the eye when it comes to being a project finance analyst. For example, did you know that they make an average of $35.82 an hour? That's $74,506 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 Project Finance Analyst Do

There are certain skills that many project 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, math skills and computer skills.

When it comes to the most important skills required to be a project finance analyst, we found that a lot of resumes listed 22.7% of project finance analysts included financial statements, while 11.1% of resumes included project management, and 4.1% of resumes included financial management. 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 project finance analyst job title. But what industry to start with? Most project finance analysts actually find jobs in the technology and finance industries.

How To Become a Project Finance Analyst

If you're interested in becoming a project finance analyst, one of the first things to consider is how much education you need. We've determined that 48.2% of project finance analysts have a bachelor's degree. In terms of higher education levels, we found that 44.0% of project finance analysts have master's degrees. Even though most project finance 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 project finance analyst. When we researched the most common majors for a project 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 project finance analyst resumes include associate degree degrees or doctoral degree degrees.

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

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Average Salary$74,506
Job Growth Rate6%

Project Finance Analyst Jobs

Project Finance Analyst Career Paths

Top Careers Before Project Finance Analyst

Top Careers After Project Finance Analyst

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

Average Salary for a Project Finance Analyst

Project Finance Analysts in America make an average salary of $74,506 per year or $36 per hour. The top 10 percent makes over $106,000 per year, while the bottom 10 percent under $51,000 per year.
Average Salary
$74,506

Best Paying Cities

City
Average Salary
Saint Paul, MN
Salary Range60k - 104k$79k$79,128
New York, NY
Salary Range57k - 105k$78k$77,841
San Antonio, TX
Salary Range56k - 104k$77k$77,007
Shelton, CT
Salary Range54k - 103k$75k$75,235
San Francisco, CA
Salary Range55k - 98k$74k$73,601
Ridgewood, NJ
Salary Range51k - 95k$70k$70,332
$35k
$105k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Project Financial Analyst
Project Financial Analyst
Robert Half
Robert Half
10/20/2020
10/20/2020
$70,00010/20/2020
$70,000
Financial Analyst/Project Management II-Endocrinology, Metabolism and Lipid Research
Financial Analyst/Project Management II-Endocrinology, Metabolism and Lipid Research
Washington University of St. Louis
Washington University of St. Louis
10/06/2020
10/06/2020
$47,98510/06/2020
$47,985
Financial Analyst-Project
Financial Analyst-Project
Manpowergroup
Manpowergroup
08/27/2020
08/27/2020
$39,65308/27/2020
$39,653
Financial Analyst-Capex Project
Financial Analyst-Capex Project
Kelly Services
Kelly Services
06/10/2020
06/10/2020
$87,65406/10/2020
$87,654
Senior Project Financial Analyst
Senior Project Financial Analyst
Randstad
Randstad
05/26/2020
05/26/2020
$100,00005/26/2020
$100,000
See More Recent Salaries

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Project Finance Analyst Demographics

Gender

female

45.8 %

male

45.7 %

unknown

8.4 %

Ethnicity

White

63.7 %

Asian

16.4 %

Hispanic or Latino

9.7 %

Foreign Languages Spoken

Spanish

25.3 %

Mandarin

13.3 %

French

10.8 %
See More Demographics

Project Finance Analyst Education

Majors

Business
35.6 %
Finance
25.5 %

Degrees

Bachelors

48.2 %

Masters

44.0 %

Certificate

4.7 %

Top Colleges for Project Finance Analysts

1. University of Pennsylvania

Philadelphia, PA

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

2. Northwestern University

Evanston, IL

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

3. University of Southern California

Los Angeles, CA

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

4. San Diego State University

San Diego, CA

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

5. Boston University

Boston, MA

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

6. SUNY Stony Brook

Stony Brook, NY

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

7. New York University

New York, NY

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

8. University of Minnesota - Twin Cities

Minneapolis, MN

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

9. University of Illinois at Urbana-Champaign

Champaign, IL

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

10. University of Notre Dame

Notre Dame, IN

In-State Tuition
$53,391
Enrollment
8,568
See More Education Info

Entry Level Jobs For Becoming A Project Finance Analyst

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Part Time
Internship
Temporary

Top Skills For a Project 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, 22.7% of project finance 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 Project Finance Analyst

Some places are better than others when it comes to starting a career as a project finance analyst. The best states for people in this position are Minnesota, New York, Texas, and Connecticut. Project finance analysts make the most in Minnesota with an average salary of $79,016. Whereas in New York and Texas, they would average $77,771 and $76,667, respectively. While project finance analysts would only make an average of $75,181 in Connecticut, 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 Project Finance Analyst Jobs:
1,363
Highest 10% Earn:
$137,000
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

2. Minnesota

Total Project Finance Analyst Jobs:
446
Highest 10% Earn:
$131,000
Location Quotient:
1.05
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. Texas

Total Project Finance Analyst Jobs:
1,516
Highest 10% Earn:
$132,000
Location Quotient:
1.02
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 Project Finance Analyst Employers

1. Parexel
4.5
Avg. Salary: 
$87,809
Project Finance Analysts Hired: 
21+
2. Ecolab
4.8
Avg. Salary: 
$64,229
Project Finance Analysts Hired: 
17+
3. BAE Systems
4.8
Avg. Salary: 
$69,190
Project Finance Analysts Hired: 
15+
4. IBM
4.8
Avg. Salary: 
$94,835
Project Finance Analysts Hired: 
13+
5. Siemens
4.6
Avg. Salary: 
$81,330
Project Finance Analysts Hired: 
11+
6. Science Applications International ...
4.8
Avg. Salary: 
$78,095
Project Finance Analysts Hired: 
10+

Recently Added Project Finance Analyst Jobs

Updated October 2, 2020