DETAILED OCCUPATION DATA
13-2051 Financial Analysts
Occupational Description:
Conduct quantitative analyses of information affecting investment programs of public or private institutions.| Percentiles | |||||||||
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| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Minnesota | 5,630 | 417 | $35.96/hr | $0.40/hr | $23.45/hr | $27.48/hr | $34.13/hr | $42.56/hr | $51.88/hr |
| U S | 239,810 | 3,118 | $43.42/hr | $0.30/hr | $22.89/hr | $28.64/hr | $37.38/hr | $50.23/hr | $72.09/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change 2010 - 2020 | |
| Accountants and Auditors | 23,200 | $29.01/hr | 12.8% |
| Personal Financial Advisors | 4,350 | $28.12/hr | 24.0% |
| Credit Analysts | 1,750 | $29.05/hr | 17.9% |
| Tax Examiners, Collectors, and Revenue Agents | 1,290 | $25.24/hr | 3.6% |
| Actuaries | 810 | $44.83/hr | 30.8% |
| Economists | 220 | $29.07/hr | 1.1% |
Tasks for Financial Analysts
- Analyzes financial information to forecast business, industry, and economic conditions, for use in making investment decisions.
- Recommends investment timing and buy-and-sell orders to company or to staff of investment establishment.
- Draws charts and graphs to illustrate reports, using computer.
- Calls brokers and purchases investments for company, according to company policy.
- Gathers information such as industry, regulatory, and economic information, company financial statements, financial periodicals, and newspapers.
- Interprets data concerning price, yield, stability, and future trends in investment risks and economic influences pertinent to investments.