Financial and investment analysts: Salary, Job Outlook, Education and Career Path

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

Short answer: Financial and investment analysts earn a national median annual wage of $102,740 (BLS, May 2025). Employment is projected to change +7.2% from 2025 to 2035 (all occupations: +3.5%), with about 24,700 openings per year. The typical entry credential is bachelor's degree.

Median annual wage
$102,740
May 2025 Verified data
Projected change
+7.2%
2025 to 2035 Official projection
Openings per year
24,700
Average, 2025 to 2035 Official projection
Employment
361,980
OEWS, May 2025 Verified data

Financial and investment analysts salary

$0$50K$100K$150KUnited States$102,740
National annual wages for financial and investment analysts, May 2025: 10th percentile $63,720, 25th $79,290, median $102,740, 75th $133,340, 90th $180,860. The bar spans the 25th to 75th percentile, the thin line spans the 10th to 90th percentile, and the red mark is the median.
MeasureAnnualHourly
10th percentile$63,720$30.64
Median (50th percentile)$102,740$49.40
Mean (average)$116,800$56.15
90th percentile$180,860$86.95

These wages describe everyone employed in the occupation, from new entrants to experienced workers. They are not starting salaries and not earnings of graduates from any particular program. Verified data

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, National. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.

Financial and investment analysts pay by state and metro area

$63K$187K
Median annual wage for financial and investment analysts by state, May 2025. Highest: Wyoming at $187,090. States in gray have no published estimate.
Table: median wage and employment for all 53 states and territories
StateMedian10th pct90th pctEmploymentLocation quotient
Alabama$91,290$52,200$157,3203,4100.69
Alaska$102,240$68,170$237,2301900.25
Arizona$93,540$62,340$161,8705,9400.79
Arkansas$81,110$48,850$137,2101,3900.46
California$109,110$72,840$198,28045,3801.07
Colorado$103,850$71,590$171,5708,0401.2
Connecticut$109,500$75,470$213,120
Delaware$101,800$68,530$168,4502,2902.02
District of Columbia$105,780$67,620$207,3303,6702.24
Florida$94,490$60,620$155,47023,9001.03
Georgia$99,420$66,140$167,7009,7800.86
Hawaii$94,640$63,080$138,8306000.41
Idaho$100,830$61,660$145,6706800.34
Illinois$101,180$64,700$166,09020,5201.45
Indiana$81,760$55,550$127,5503,6800.49
Iowa$92,370$62,310$135,8902,0000.55
Kansas$84,860$58,680$128,7501,8700.56
Kentucky$81,660$49,930$136,4802,4600.53
Louisiana$75,680$49,550$132,2301,4500.32
Maine$88,320$64,110$133,2707100.48
Maryland$100,370$64,690$183,3205,3600.83
Massachusetts$111,040$77,940$205,32014,7901.75
Michigan$95,420$63,180$154,2307,4000.72
Minnesota$102,990$65,290$161,5807,4501.09
Mississippi$79,580$50,290$132,4407200.26
Missouri$98,420$60,500$160,5404,4300.65
Montana$99,190$59,000$165,1004400.37
Nebraska$85,320$64,380$127,170
Nevada$83,430$62,460$125,0101,8300.51
New Hampshire$82,520$48,660$160,0105800.36
New Jersey$108,610$71,650$179,77010,3801.04
New Mexico$87,630$63,630$143,6609300.46
New York$127,930$77,540$225,38052,3802.32
North Carolina$102,390$61,670$167,25012,7101.1
North Dakota$78,170$51,680$131,5203000.3
Ohio$94,280$57,870$142,4209,7600.76
Oklahoma$79,640$53,260$138,9101,5500.39
Oregon$120,590$77,150$203,5502,8200.62
Pennsylvania$84,460$57,260$155,32013,3100.94
Puerto Rico$63,000$40,920$112,3201,4600.67
Rhode Island$100,550$63,050$175,2701,7901.53
South Carolina$93,670$58,420$157,7003,6000.67
South Dakota$99,150$55,010$239,7008200.77
Tennessee$92,990$50,130$140,8704,9100.64
Texas$99,150$63,230$169,99028,8200.88
Utah$91,370$57,390$154,2304,5101.12
Vermont$99,090$68,710$186,5702300.32
Virgin Islands$69,990$53,820$161,400400.5
Virginia$105,490$67,540$176,69010,4101.09
Washington$107,210$64,810$167,7908,8201.07
West Virginia$69,030$47,340$119,2404000.25
Wisconsin$95,570$61,900$152,4605,4300.79
Wyoming$187,090$64,860$347,5401900.29

A location quotient above 1 means the occupation is more concentrated in that state than in the nation overall.

Metro areas with the most jobs

New York-Newark-Jersey City, NY-NJ53,870
Los Angeles-Long Beach-Anaheim, CA19,600
Chicago-Naperville-Elgin, IL-IN17,150
Boston-Cambridge-Newton, MA-NH13,010
Dallas-Fort Worth-Arlington, TX11,530
Washington-Arlington-Alexandria, DC-VA-MD-WV10,930
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD10,050
San Francisco-Oakland-Fremont, CA9,910
Atlanta-Sandy Springs-Roswell, GA7,740
Charlotte-Concord-Gastonia, NC-SC6,790

Highest paying metro areas

Bridgeport-Stamford-Danbury, CT$158,310
San Jose-Sunnyvale-Santa Clara, CA$144,910
San Francisco-Oakland-Fremont, CA$130,520
New York-Newark-Jersey City, NY-NJ$128,930
Seattle-Tacoma-Bellevue, WA$124,790
Boston-Cambridge-Newton, MA-NH$117,520
Portland-Vancouver-Hillsboro, OR-WA$117,280
Anchorage, AK$113,010
Santa Rosa-Petaluma, CA$109,780
Washington-Arlington-Alexandria, DC-VA-MD-WV$108,330
Among metro areas with at least 100 workers in this occupation.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, State. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, Metropolitan areas. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.

Job outlook for financial and investment analysts

2025 (actual)377,2002035 (projected)404,300
BLS projects employment of financial and investment analysts to go from 377,200 in 2025 to 404,300 in 2035, a change of +7.2% (+27,100 jobs). All occupations are projected to grow +3.5%.
  • Average annual openings, 2025 to 2035: 24,700. Openings include new jobs plus replacement needs when workers retire or leave the occupation. Official projection
  • Share of workers who are self-employed (2025): 2.2%.
  • Read the official BLS Occupational Outlook Handbook profile.

These are official BLS projections. ConnectPrep does not alter them or present its own forecasts as official statistics.

Source: U.S. Bureau of Labor Statistics, Employment Projections, Table 1.2: Occupational projections, 2025-35, and worker characteristics, 2025. Base year 2025, projected year 2035. Published August 27, 2026. Retrieved October 18, 2026. Methodology.

Education and training for financial and investment analysts

Typical entry education
Bachelor's degree
Related work experience
None
On-the-job training
None
O*NET Job Zone
Job Zone Four: Considerable Preparation Needed

Highest education of people working in this occupation

Less than high school0.5%
High school diploma2.8%
Some college, no degree5.4%
Associate's degree3.3%
Bachelor's degree52.4%
Master's degree31.6%
Doctoral or professional4%
Share of workers age 25 and over by highest education completed, 2023-24. The most common level is a bachelor's degree (52.4%).
Source: U.S. Bureau of Labor Statistics, Employment Projections, Education and training tables 5.1 to 5.4. Attainment 2023-24 (ACS); wages 2025; projections 2025-35. Published August 27, 2026. Retrieved October 18, 2026. Methodology.

O*NET describes this preparation level as: Most of these occupations require a four-year bachelor's degree, but some do not.

Degrees and programs that lead to this career

Programs officially mapped to this occupation in the NCES and BLS CIP to SOC crosswalk. A mapping means the program commonly prepares students for the occupation, not that every graduate works in it. Official crosswalk

Source: National Center for Education Statistics and U.S. Bureau of Labor Statistics, CIP 2020 to SOC 2018 Crosswalk. CIP 2020 and SOC 2018 taxonomies. Published April 30, 2020. Retrieved October 18, 2026. Methodology.

Licenses and certifications

Requirements for regulated professions are set by each state. Always confirm with the state regulator.

Skills, knowledge, and daily work

Most important skills

O*NET importance rating on a 1 to 5 scale.

Most important knowledge areas

O*NET importance rating on a 1 to 5 scale.

Typical tasks

  • Advise clients on aspects of capitalization, such as amounts, sources, or timing.
  • Analyze financial or operational performance of companies facing financial difficulties to identify or recommend remedies.
  • Assess companies as investments for clients by examining company facilities.
  • Collaborate on projects with other professionals, such as lawyers, accountants, or public relations experts.
  • Collaborate with investment bankers to attract new corporate clients.
  • Conduct financial analyses related to investments in green construction or green retrofitting projects.
  • Confer with clients to restructure debt, refinance debt, or raise new debt.
  • Create client presentations of plan details.

Technology skills

  • Microsoft Excel (in demand)
  • Microsoft Office software (in demand)
  • Microsoft Outlook (in demand)
  • Microsoft Power BI (in demand)
  • Microsoft PowerPoint (in demand)
  • SAP software (in demand)
  • Structured query language SQL (in demand)
  • Tableau (in demand)
  • Alteryx software (hot technology)
  • Apache Hive (hot technology)
  • Google Docs (hot technology)
  • IBM SPSS Statistics (hot technology)
  • Intuit QuickBooks (hot technology)
  • Marketo Marketing Automation (hot technology)
  • Microsoft Access (hot technology)
  • Microsoft Project (hot technology)

Common job titles: Analyst, Credit Products Officer, Equity Research Analyst, Financial Analyst, Investment Analyst, Planning Analyst, Portfolio Manager, Real Estate Analyst, Securities Analyst, Trust Officer.

This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. ConnectPrep has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.
Source: National Center for O*NET Development for USDOL/ETA, O*NET 31.0 Database (August 2026 release). Database release 31.0, August 2026; element dates vary by occupation. Published August 25, 2026. Retrieved October 18, 2026. Methodology.

Is it worth it? Model the cost of getting there

Use the ROI calculator to compare the cost of the education this career usually requires against staying on your current path. It starts from the official wage distribution above, and you can change every assumption.

Frequently asked questions

How much do financial and investment analysts make?

The national median annual wage for financial and investment analysts was $102,740 in May 2025, according to the BLS Occupational Employment and Wage Statistics program. The lowest paid 10 percent earned less than $63,720 and the highest paid 10 percent earned more than $180,860. These figures cover all workers in the occupation, not only new entrants.

What education do financial and investment analysts need?

BLS lists bachelor's degree as the typical education needed to enter this occupation, with none of related work experience and none on-the-job training typically needed to become competent.

Is financial and investment analysts a growing career?

BLS projects employment of financial and investment analysts to change +7.2% from 2025 to 2035, compared with +3.5% for all occupations. About 24,700 openings are projected each year on average, including openings from workers who retire or change occupations.

Which states pay financial and investment analysts the most?

By median annual wage in May 2025, the highest paying states were Wyoming ($187,090), New York ($127,930), Oregon ($120,590). Pay differences partly reflect differences in living costs.

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