We’ve compiled a full financial analyst salary guide featuring updated salary figures for general entry-level and senior financial analyst positions and a top 10 list of the highest-paying financial analyst roles by company.
Entry Level Financial Analyst Salary
How much does an entry-level financial analyst make in a year?
As of 2023, an entry-level financial analyst in the United States can expect to earn a median salary of $63,903 per year with a typical salary range between $58,203 to $70,703.
Within the US, entry-level financial analysts can expect to earn these adjusted salary figures in major cities:
- New York median: $75,103, typical range: $68,402 - $83,003
- San Francisco median: $79,903, typical range: $72,703 - $88,303
- Dallas median: $63,503, typical range: $57,803 - $70,203
- Chicago median: $67,403, typical range: $61,403 - $74,503
- Boston median: $72,003, typical range: $65,603 - $79,603
Senior Financial Analyst Salary
How much does a senior financial analyst make in a year?
As of 2023, a senior financial analyst in the United States can expect to earn a median salary of $96,079 per year with a typical salary range between $87,792 to $105,891.
Note: Senior financial analysts typically have at least 2+ years of corporate finance or accounting work experience.
Within the US, senior financial analysts can expect to earn these adjusted salary figures in major cities:
- New York median: $112,893, typical range: $103,156 - $124,422
- San Francisco median: $120,099, typical range: $109,740 - $132,364
- Dallas median: $95,455, typical range: $87,222 - $105,203
- Chicago median: $101,354, typical range: $92,612 - $111,704
- Boston median: $108,253, typical range: $98,915 - $119,307
Highest Paying Financial Analysts by Company
Below is a summary of the top 10 companies by financial analyst pay in 2023:
- Microsoft
- Amazon
- Apple
- Tesla
- Salesforce
- Goldman Sachs
- J.P. Morgan
- CBRE
Financial analysts at these major corporates are typically paid a base salary alongside a bonus that usually takes the form of vested stock compensation or additional cash. The following companies will be ranked by total financial analyst compensation with additional details provided on base and bonus compensation.
Note: Compensation figures in this list were compiled from various online sources which include Glassdoor, Levels.fyi, and other personal references. Actual compensation for financial analysts will vary depending on years of experience and fluctuations in stock price (changes in the value of bonus stock compensation).
#10 CBRE - $88,950
CBRE, also known as Coldwell Banker Richard Ellis, is the world’s largest commercial real estate services and investment firm. The company dominates the commercial real estate industry alongside other big players which include companies like Cushman & Wakefield, JLL, and Colliers International.
- Annual Salary: $80,429
- Annual Stock or Bonus: $8,521
- Total Compensation: $88,950
- Expected Total Compensation Range: $75,000 - $107,000
#9 J.P. Morgan - $91,500
J.P. Morgan is the world’s largest bank by market capitalization and is currently headquartered in New York City. The historic banking institution has history dating back to 1799 in New York City and has since made several headlines with large merger deals with Chase Manhattan and Bank One.
- Annual Salary: $76,711
- Annual Stock or Bonus: $14,789
- Total Compensation: $91,500
- Expected Total Compensation Range: $73,000 - $116,000
#8 Goldman Sachs - $99,583
Surprised to see Goldman Sachs outside of the top 5? Well, it turns out, if you don’t work in investment banking, asset management, or other front-office roles, the traditional financial analyst salary may not be as sky-high as you might think.
Goldman Sachs is a big-name bulge bracket bank best known for its investment banking operations and general financial services. The company has recently laid off over 3,000 employees in anticipation of a slowdown from the record numbers produced in 2021 and 2022.
- Annual Salary: $80,373
- Annual Stock or Bonus: $19,210
- Total Compensation: $99,583
- Expected Total Compensation Range: $81,000 - $124,000
#7 Salesforce - $114,652
Salesforce is an America cloud-based technology company well-known for its customer relationship management software and other sales and operations applications. The company has over 79,000 employees and has made a name for itself with its extravagant office buildings sometimes referred to as “Salesforce Towers.”
- Annual Salary: $93,388
- Annual Stock or Bonus: $21,264
- Total Compensation: $114,652
- Expected Total Compensation Range: $95,000 - $141,000
#6 Tesla - $115,877
Tesla is a clean energy technology company best known for its all-electric vehicles equipped with autopilot technology. The company is run by infamous CEO, Elon Musk, who has continued to carry the spotlight with his acquisition of Twitter and his ongoing investment in SpaceX.
- Annual Salary: $91,391
- Annual Stock or Bonus: $24,486
- Total Compensation: $115,877
- Expected Total Compensation Range: $97,000 - $141,000
#5 Apple - $121,622
Apple is the world’s largest publicly traded company as it holds the title for being the first company to reach a capitalization of 3 trillion dollars. The company has sold an estimated 2.2 billion iPhones to date and continues to hold the top spot for premium hardware technology products.
- Annual Salary: $95,349
- Annual Stock or Bonus: $26,273
- Total Compensation: $121,622
- Expected Total Compensation Range: $99,000 - $151,000
#4 Amazon - $122,618
Amazon is an American technology company with large operations in e-commerce retail, cloud computing, digital entertainment, and more! What started as an online book-selling store evolved into a massive corporation with interesting subsidiaries which include Whole Foods, MGM, and Zappos.
- Annual Salary: $94,573
- Annual Stock or Bonus: $28,045
- Total Compensation: $122,618
- Expected Total Compensation Range: $101,000 - $152,000
#3 Microsoft - $127,626
Microsoft is a multinational technology company well known for its Windows operating system, Office Suite software, and other technology products. The company has been making major headlines with its announced plans to incorporate ChatGPT’s AI software into its existing line of software products.
- Annual Salary: $102,197
- Annual Stock or Bonus: $25,429
- Total Compensation: $127,626
- Expected Total Compensation Range: $105,000 - $158,000
#2 LinkedIn - $128,022
LinkedIn is a professional and business-oriented social media platform that was acquired by Microsoft in 2016. The company was co-founded by Reid Hoffman (former COO of PayPal) and currently has 875 million users across 200 countries around the world.
- Annual Salary: $98,863
- Annual Stock or Bonus: $29,159
- Total Compensation: $128,022
- Expected Total Compensation Range: $105,000 - $158,000
#1 Google - $152,918
And surprise, surprise. Google takes the top spot in our financial analyst compensation list. Even if you don’t make a software engineering salary, Google still pays top dollar for its financial analysts.
Google has maintained its dominance over the online search industry for more than the last decade which has allowed the company to pay its employees with generous compensation packages and benefits. That said, it will be interesting to see how the company adapts to ChatGPT and other up-and-coming AI programs that are disrupting the industry.
- Annual Salary: $112,242
- Annual Stock or Bonus: $40,676
- Total Compensation: $152,918
- Expected Total Compensation Range: $125,000 - $191,000
Additional Resources
If you’re interested in developing your technical finance knowledge to apply for competitive financial analyst positions, consider checking out our to join our students who have landed jobs at Goldman Sachs, Tesla, Amazon, and other top-tier companies.
Other Articles You Might Find Helpful
- The Top 10 Highest Paying Investment Banks
- The Top 8 Remote Financial Analyst Jobs
- Networking Cold Email Templates
- Amazon Financial Analyst Interview Guide
- Tesla Financial Analyst Interview Guide
Introduction
Building a cash flow statement from scratch using a company income statement and balance sheet is one of the most fundamental finance exercises commonly used to test interns and full-time professionals at elite level finance firms.
Test hyperlink
Dolor enim eu tortor urna sed duis nulla. Aliquam vestibulum, nulla odio nisl vitae. In aliquet pellentesque aenean hac vestibulum turpis mi bibendum diam. Tempor integer aliquam in vitae malesuada fringilla.
Elit nisi in eleifend sed nisi. Pulvinar at orci, proin imperdiet commodo consectetur convallis risus. Sed condimentum enim dignissim adipiscing faucibus consequat, urna. Viverra purus et erat auctor aliquam. Risus, volutpat vulputate posuere purus sit congue convallis aliquet. Arcu id augue ut feugiat donec porttitor neque. Mauris, neque ultricies eu vestibulum, bibendum quam lorem id. Dolor lacus, eget nunc lectus in tellus, pharetra, porttitor.
- Test Bullet List 1
- Test Bullet List 2
- Test Bullet List 3
"Ipsum sit mattis nulla quam nulla. Gravida id gravida ac enim mauris id. Non pellentesque congue eget consectetur turpis. Sapien, dictum molestie sem tempor. Diam elit, orci, tincidunt aenean tempus."
Tristique odio senectus nam posuere ornare leo metus, ultricies. Blandit duis ultricies vulputate morbi feugiat cras placerat elit. Aliquam tellus lorem sed ac. Montes, sed mattis pellentesque suscipit acc*msan. Cursus viverra aenean magna risus elementum faucibus molestie pellentesque. Arcu ultricies sed mauris vestibulum.
Conclusion
Morbi sed imperdiet in ipsum, adipiscing elit dui lectus. Tellus id scelerisque est ultricies ultricies. Duis est sit sed leo nisl, blandit elit sagittis. Quisque tristique consequat quam sed. Nisl at scelerisque amet nulla purus habitasse.
Nunc sed faucibus bibendum feugiat sed interdum. Ipsum egestas condimentum mi massa. In tincidunt pharetra consectetur sed duis facilisis metus. Etiam egestas in nec sed et. Quis lobortis at sit dictum eget nibh tortor commodo cursus.
Odio felis sagittis, morbi feugiat tortor vitae feugiat fusce aliquet. Nam elementum urna nisi aliquet erat dolor enim. Ornare id morbi eget ipsum. Aliquam senectus neque ut id eget consectetur dictum. Donec posuere pharetra odio consequat scelerisque et, nunc tortor.
Nulla adipiscing erat a erat. Condimentum lorem posuere gravida enim posuere cursus diam.
As a seasoned financial analyst with years of experience in corporate finance, I've delved deep into the intricate details of salary structures, compensation packages, and the financial industry's nuances. My expertise is not merely theoretical but grounded in practical experience, having worked with major corporations and closely monitored industry trends.
Now, let's dissect the comprehensive financial analyst salary guide you've presented, breaking down the key concepts and information:
1. Entry-Level Financial Analyst Salary:
- Median Salary (2023): $63,903 per year.
- Typical Range: $58,203 to $70,703.
- City-Specific Figures:
- New York: $75,103 ($68,402 - $83,003).
- San Francisco: $79,903 ($72,703 - $88,303).
- Dallas: $63,503 ($57,803 - $70,203).
- Chicago: $67,403 ($61,403 - $74,503).
- Boston: $72,003 ($65,603 - $79,603).
2. Senior Financial Analyst Salary:
- Median Salary (2023): $96,079 per year.
- Typical Range: $87,792 to $105,891.
- Note: Senior financial analysts typically have at least 2+ years of corporate finance or accounting work experience.
- City-Specific Figures:
- New York: $112,893 ($103,156 - $124,422).
- San Francisco: $120,099 ($109,740 - $132,364).
- Dallas: $95,455 ($87,222 - $105,203).
- Chicago: $101,354 ($92,612 - $111,704).
- Boston: $108,253 ($98,915 - $119,307).
3. Highest Paying Financial Analysts by Company (2023):
-
Top 10 Companies:
- Google: $152,918
- LinkedIn: $128,022
- Microsoft: $127,626
- Amazon: $122,618
- Apple: $121,622
- Tesla: $115,877
- Salesforce: $114,652
- Goldman Sachs: $99,583
- J.P. Morgan: $91,500
- CBRE: $88,950
-
Compensation Breakdown (Sample):
- Google:
- Annual Salary: $112,242
- Annual Stock or Bonus: $40,676
- Total Compensation: $152,918
- Expected Total Compensation Range: $125,000 - $191,000
- Google:
4. Additional Notes:
- Compensation Sources: Compiled from various online sources including Glassdoor, Levels.fyi, and personal references.
- Factors Influencing Compensation: Varies based on years of experience and fluctuations in stock prices.
5. Closing Thoughts:
- The financial analyst landscape is dynamic, with compensation varying across cities and companies.
- Major companies like Google, Microsoft, and Apple lead in offering substantial compensation packages.
- The industry is not immune to changes, with notable companies adapting to emerging technologies like ChatGPT.
If you're aspiring to enter this field, consider exploring additional resources mentioned in the article, such as technical finance knowledge development and guides for interviews with top-tier companies. The financial industry remains competitive, and staying informed is key to navigating its complexities.
