California Occupational Guides

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Summary Guide for

Financial Analysts in California

May also be called: Credit Products Officers; Equity Research Analysts; Investment Analysts; Operational Risk Analysts; Planning Analysts; Portfolio Analysts; Real Estate Analysts; and Securities Analysts

What Would I Do?

Financial Analysts evaluate investment opportunities. They provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.

Most Financial Analysts work in offices at large financial institutions in major financial centers. Their offices are often equipped with the latest in technology. Most work full time, but due to the nature of the work, many put in additional hours and some work 50-70 hours a week.

Will This Job Fit Me?

The job of Financial Analyst may appeal to those who enjoy activities that involve following set procedures and routines. The Financial Analyst occupation involves working with data and details more than with ideas. Individuals who are results-oriented and value feelings of accomplishment should enjoy working in this occupation.

What Wages and Benefits Can I Expect?

Wages vary by geographic location, employer, level of education, and experience. Financial Analysts may also earn bonuses, which are usually awarded based on successfully forecasting investment performance. These bonuses can be a significant part of a Financial Analyst's total earnings.

The median wage in 2017 for Financial Analysts in California is $96,369 annually, or $46.33 hourly. The median is the point at which half of the workers earn more and half earn less.

Change to Hourly Wages
Annual Wages for 2017Low
(25th percentile)
Median
(50th percentile)
High
(75th percentile)
California$73,297$96,369$130,145
Source: EDD/LMID Occupational Employment Statistics Survey, 2017 Wages do not reflect self-employment.
View Wages for All Areas

Most Financial Analysts receive medical, dental, and life insurance, as well as vacation, sick leave, and retirement plans from their employers.

What is the Job Outlook?

The Financial Analyst occupation is expected to see high employment growth in California. A growing range of financial products is expected to fuel the demand.

How Do I Qualify?

Employers typically require that Financial Analysts have a bachelor's degree and related work experience; however, advanced positions may also require a master's degree. In addition, licensing may be required after the candidate is hired, and certification—while not required—may increase the Financial Analyst's opportunities.

Finding a Job

Direct application to employers remains one of the most effective job search methods. Networking is also important in this occupation, since many Financial Analysts find work through referrals. Jobs can also be found through newspaper classified advertisements, online job boards, college career centers, and professional organizations. Online job opening systems include JobCentral at www.jobcentral.com and CalJOBSSM at www.caljobs.ca.gov.

To find your nearest One-Stop Career Center, go to Service Locator. View the helpful job search tips for more resources. (requires Adobe Reader).


Learn More About Financial Analysts