Financial Analyst

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AVG. SALARY

$80,520

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

What To Learn

High School

Suggested Steps to Prepare for a Financial Analyst Career (Grades 6-12)

Check out the recommended classes, activities and skills below for each grade level. These recommendations are very general -- discuss your specific course plan with your school counselors and teachers.

AI-assisted and curriculum-reviewed guidance. Talk with your counselor or teacher about your specific plan.
Grades 6-8

Helpful Classes

  • Math
  • Communication
  • Technology
  • Social Studies

Things to Try

  • Track income and expenses for a class activity using a simple budget sheet, Compare prices, taxes, discounts, or savings options and explain the math, Organize sample receipts, invoices, or records and check them for errors, Interview a financial analyst or finance worker about accuracy, records, and decisions

Focus Skills

  • Numerical reasoning
  • Accuracy
  • Recordkeeping
  • Data analysis
  • Communication

Helpful Classes

  • Algebra I
  • Business
  • English
  • Computer Applications
  • Personal Finance

Recommended Learning Areas

  • data interpretation
  • modeling
  • research
  • reporting
  • forecasting

Things to Try

  • Build a personal or club budget in a spreadsheet and update it each week, Practice checking totals, percentages, and trends using sample sales or expense data, Sort sample invoices, payments, or account records and note missing information, Shadow a financial analyst or office finance worker to see how records are reviewed

Focus Skills

  • Numerical reasoning
  • Accuracy
  • Recordkeeping
  • Data analysis
  • Communication

Helpful Classes

  • Geometry
  • Accounting
  • Economics
  • Business Communication
  • Spreadsheet Applications

Recommended Learning Areas

  • data interpretation
  • modeling
  • research
  • reporting
  • forecasting

Things to Try

  • Use spreadsheets to compare spending patterns, balances, or profit and loss examples, Create a mock payroll, billing, or bookkeeping worksheet and check for errors, Analyze a company or nonprofit budget summary and explain what the numbers suggest, Practice writing short notes that explain financial results in plain language

Focus Skills

  • Numerical reasoning
  • Accuracy
  • Recordkeeping
  • Data analysis
  • Communication

Helpful Classes

  • Statistics
  • Accounting
  • Economics
  • Business Law
  • Data Analysis

Recommended Learning Areas

  • data interpretation
  • modeling
  • research
  • reporting
  • forecasting

Things to Try

  • Complete a finance or accounting project using formulas, charts, and supporting records, Review sample tax, payroll, loan, or audit documents and identify key details, Compare financial trends across months or departments and summarize the findings, Interview a finance professional about reporting, controls, and compliance

Focus Skills

  • Numerical reasoning
  • Accuracy
  • Recordkeeping
  • Data analysis
  • Communication

Helpful Classes

  • Calculus or Statistics
  • Finance
  • Economics
  • Accounting
  • Business Writing

Recommended Learning Areas

  • data interpretation
  • modeling
  • research
  • reporting
  • forecasting

Things to Try

  • Build a portfolio with budgeting, forecasting, audit, or financial analysis samples, Compare pathways in accounting, banking, insurance, economics, or financial planning, Use real public financial reports to explain trends, risks, and performance, Create a capstone that turns raw numbers into clear business recommendations

Focus Skills

  • Numerical reasoning
  • Accuracy
  • Recordkeeping
  • Data analysis
  • Communication

Education Level

Education training and experience are required at different levels for success in different occupations.

Bachelor's degree

Financial analysts typically must have a bachelor's degree. Some employers prefer to hire job candidates who have a master’s degree.

Extra Requirements

The Financial Industry Regulatory Authority (FINRA) is the main licensing organization for the securities industry. A license is generally required to sell financial products, which may apply to some positions. Employers often recommend certification. The Chartered Financial Analyst (CFA) certification is offered from the CFA Institute. Certification is often recommended by employers and can improve the chances for advancement. An example is the Chartered Financial Analyst certification from the CFA Institute. Financial analysts can also become certified in their field of specialty.

For additional information, visit these websites: