How much should I be making as a financial analyst? – MVOrganizing
How much should I be making as a financial analyst?
How are financial analysts paid?
How much do financial analysts make a day?
Who is the highest paid financial analyst?
What’s the highest paying job in finance?
Is financial analyst a dying career?
Why are finance salaries so high?
Why does big tech pay so much?
What is a good tech salary?
The average hourly wage for a Financial Analyst I in the United States is $29 as of June 28, 2021, but the range typically falls between $26 and $32.
As financial analysts progress in corporate accounting, they can expect to earn higher salaries in more senior roles:
Senior financial analyst: $85,500.
Financial analyst manager: $106,000.
Financial analyst director: $134,500.
Finance is not dying yet. It is a bubble field, and one must understand investment is risky, but learning how to drink from the firehose can be very lucrative (but not productive) in the interim. Perhaps 30% of “profit” is extracted, but none created, by this business in USA. A correction will happen.
The reason is High margins, total value, low overhead and high expertise required. You can make billions of dollars with just a few people and a laptop. No other industry works that way. Or it’s like 10 people that are part of a 22 billion dollar merger, in which the firm would get a couple points on that.
Tech companies pay their employees so much money because if they didn’t, they’d go work somewhere else for as much or more money — which they typically do. Also because in tech intensive geographic areas, the price of real estate and rentals goes up because of the well paying jobs.
Washington and California beat most other states for tech work due to high job density and a high annual median wage….State-by-state tech worker compensation comparison.
Average salary of all occupations