DETAILED OCCUPATION DATA
13-2051 Financial Analysts
Occupational Description:
Conduct quantitative analyses of information affecting investment programs of public or private institutions.| Percentiles | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Northwest Minnesota | 60 | 6 | $29.59/hr | $2.60/hr | $14.34/hr | $23.85/hr | $29.27/hr | $35.45/hr | $43.07/hr |
| Minnesota | 4,940 | 331 | $37.72/hr | $0.79/hr | $23.32/hr | $27.61/hr | $34.70/hr | $43.58/hr | $54.29/hr |
| U S | 226,340 | 2,716 | $43.03/hr | $0.30/hr | $22.71/hr | $28.40/hr | $37.10/hr | $49.60/hr | $71.40/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 | 1,250 | $26.23/hr | 18.4% |
| Personal Financial Advisors | 90 | $22.19/hr | 34.7% |
| Credit Analysts | 80 | $23.70/hr | 12.0% |
| Actuaries | 10 | N/A | N/A |
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.