Credit analysts analyze financial statements to predict risk in extending loans and credit, often aiding firms and corporations in their decision-making process. According to the Bureau of Labor Statistics, they are widely employed in areas such as credit intermediation, enterprise management, and securities and commodities brokerage, and they enjoy bright employment prospects for the next several years.
In 2012, U.S. credit analysts earned national median wages of $29.36 per hour, or $61,100 per year, in a quickly growing job market. In 2010, 63,300 credit analysts were employed in the U.S., a figure set to rise to 75,900 by 2020, in a 20% increase creating 2,590 new jobs. North Carolina credit analysts earned above the national average in 2012, with median wages of $32.61 per hour, or $67,800 per year. In 2010, 2,570 credit analysts were employed in N.C., a figure set to rise to 3,090 by 2020, in a 20% increase creating 110 new jobs. A glance at the many jobs currently available at both the national and local levels reveals a career path rich with opportunity.
If you are interested in a career in credit analysis, NC State, with one of the oldest and most respected statistics programs in the nation, can help. Most credit analysis jobs require a bachelor’s or associate’s degree. After earning your BS in Statistics on NC State’s campus in Raleigh, you can pursue your MS in Statistics online, augmenting it with the online Certificate in Applied Statistics.
Highest level of education associated with this occupation.
|0||High School Diploma or GED||7|
|2||Some College Courses||7|
|3||Associate's Degree (or other 2-year degree)||27|