How much do summer analysts make?

Summer analysts make between $26 to $44 an hour. Banks offer three-month terms during the summer to sophomore or junior year college students pursuing a degree in business or finance. It's typical to receive a bonus at the end of the term.

How To Become A Summer Analyst: What It Is and Career Path

What is a summer analyst and how to become one

Updated January 8, 2025

4 min read

Quoted expert

John Lyden

A summer analyst works as an intern for a bank, typically on a three-month term during the summer. They are usually a college student in their junior year looking to gain experience in finance before entering their last year in college.

The work of a summer analyst is relatively simple if one has a background in finances. Usually, the duties of a summer analyst revolve around performing tasks to support full-time analysts, which typically include entering data into systems, organizing financial documents, digitizing paperwork, and run errands like ordering food or preparing coffee.

To qualify for a summer analyst internship, a student must be at least in their junior year of finance, economics, or business degree. Work experience, of course, is not required for this position. However, a good attitude and basic finance skills are a must.

A summer analyst internship can either be paid or not. If a student qualifies for a paid internship, they can earn around $15 to $20 an hour, which is the average range for paid internships.

What general advice would you give to a summer analyst?

John Lyden

Professor and Chair of Religious Studies, University of Nebraska - Omaha

Research skills (ability to find and interpret information), oral and written communication skills (ability to present information clearly), data analysis and interpretation, language interpretation and translation. Computer facility will be highly valued. Employers will include those in higher education, government, non-profits, research institutes, and museums.

ScoreSummer AnalystUS Average

Salary

5.2

Avg. Salary $66,837

Avg. Salary $59,228

Stability level

5.8

Growth rate 9%

Growth rate 0.3%

Diversity

5.5

Race

American Indian and Alaska Native 0.10%

Asian 14.09%

Black or African American 5.64%

Hispanic or Latino 7.67%

Unknown 4.50%

White 68.00%

Gender

female 27.51%

male 72.49%

Age - 38

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38

Stress level

5.8

Stress level is manageable

7.1 - high

Complexity level

8.5

Complexity level is advanced

7 - challenging

Work life balance

4.3

Work life balance is poor

6.4 - fair

Key steps to become a summer analyst

Explore summer analyst education requirements

Most common summer analyst degrees

Bachelor's

79.5 %

Master's

14.3 %

High School Diploma

2.1 %

Start to develop specific summer analyst skills

Skills	Percentages
Strong Analytical	9.62%
Financial Statements	5.94%
Capital Markets	5.31%
Salesforce	4.35%
Financial Analysis	4.31%

Complete relevant summer analyst training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New summer analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a summer analyst based on U.S. Bureau of Labor Statistics data and data from real summer analyst resumes.

Research summer analyst duties and responsibilities

Manage and update early engagement processes daily through SharePoint.
Generate HTML reports for health care providers with visualization using ggplot2.
Used PowerPoint to create meeting materials about update research data of the industry trends.
Support interest rate derivative marketers.

Prepare your summer analyst resume

When your background is strong enough, you can start writing your summer analyst resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a summer analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable summer analyst resume templates

Build a professional summer analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your summer analyst resume.