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Working as a Summer Analyst

A Summer Analyst is an intern in finance, hired temporarily in a bank, usually for three months. Summer analysts are usually students at the end of their junior year who invest their summer months in gaining experience in financing.

As a Summer Analyst, you will assist in full-time analysts' work with performing simple tasks, such as preparing coffee or entering data. Working as a Summer Analyst will pave your way to getting hired at an investment bank or financial institution, often at the same place as your internship, after completing your studies.

As an investment analyst, you are required to work a whopping 80-100 hours per week, which applies to interns. As compensation, you will receive the payment an average analyst takes home, which is around $70,000 a year. For receiving bonuses, on top of that, you will have to wait until full-time employment.

There is more than meets the eye when it comes to being a summer analyst. For example, did you know that they make an average of $39.6 an hour? That's $82,373 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 Summer Analyst Do

There are certain skills that many summer 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 computer skills, math skills and analytical skills.

When it comes to the most important skills required to be a summer analyst, we found that a lot of resumes listed 13.1% of summer analysts included financial statements, while 8.4% of resumes included capital markets, and 8.0% of resumes included private equity. 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 summer analyst job title. But what industry to start with? Most summer analysts actually find jobs in the finance and technology industries.

How To Become a Summer Analyst

If you're interested in becoming a summer analyst, one of the first things to consider is how much education you need. We've determined that 80.5% of summer analysts have a bachelor's degree. In terms of higher education levels, we found that 16.9% of summer analysts have master's degrees. Even though most summer 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 summer analyst. When we researched the most common majors for a summer analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on summer analyst resumes include doctoral degree degrees or high school diploma degrees.

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

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Average Salary$82,373
Job Growth Rate6%

Summer Analyst Career Paths

Top Careers Before Summer Analyst

Top Careers After Summer Analyst

Analyst
13.7 %

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 Summer Analyst

Summer Analysts in America make an average salary of $82,373 per year or $40 per hour. The top 10 percent makes over $143,000 per year, while the bottom 10 percent under $47,000 per year.
Average Salary
$82,373

Best Paying Cities

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Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Summer Sessions Analyst
Summer Sessions Analyst
University of California
University of California
03/12/2020
03/12/2020
$48,08403/12/2020
$48,084
Summer Analyst
Summer Analyst
University of California
University of California
01/24/2020
01/24/2020
$48,08401/24/2020
$48,084

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Summer 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 Summer 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 Summer Analyst Resume

At Zippia, we went through countless Summer 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.

View Detailed Information

Summer Analyst Demographics

Gender

male

59.1 %

female

24.0 %

unknown

16.9 %

Ethnicity

White

70.4 %

Asian

12.9 %

Hispanic or Latino

8.1 %

Foreign Languages Spoken

Spanish

25.0 %

Mandarin

18.5 %

Chinese

16.0 %
See More Demographics

Summer Analyst Education

Majors

Finance
32.9 %
Economics
18.3 %
Business
14.1 %

Degrees

Bachelors

80.5 %

Masters

16.9 %

Doctorate

0.9 %

Top Colleges for Summer 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 • Public

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 • Public

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 Notre Dame

Notre Dame, IN • Private

In-State Tuition
$53,391
Enrollment
8,568

9. University of Minnesota - Twin Cities

Minneapolis, MN • Public

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

10. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083
See More Education Info
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Full Time
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Internship
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Top Skills For a Summer 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, 13.1% of summer analysts listed financial statements on their resume, but soft skills such as computer skills and math skills are important as well.

  • Financial Statements, 13.1%
  • Capital Markets, 8.4%
  • Private Equity, 8.0%
  • Risk Management, 5.1%
  • Salesforce, 5.1%
  • Other Skills, 60.3%
  • See All Summer Analyst Skills

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Top Summer Analyst Employers

1. Goldman Sachs
4.9
Avg. Salary: 
$90,935
Summer Analysts Hired: 
382+
2. Morgan Stanley
4.9
Avg. Salary: 
$91,042
Summer Analysts Hired: 
244+
3. Citi
4.8
Avg. Salary: 
$91,097
Summer Analysts Hired: 
187+
4. JPMorgan Chase
4.9
Avg. Salary: 
$91,085
Summer Analysts Hired: 
129+
5. Bank of America
4.8
Avg. Salary: 
$91,045
Summer Analysts Hired: 
116+
6. UBS
4.8
Avg. Salary: 
$84,690
Summer Analysts Hired: 
81+

Summer Analyst Videos

Updated October 2, 2020