Financial analysts use quantitative analysis to assess the performance of stock and bond investments for institutions, businesses, and individuals. They include securities, investment, portfolio, operation risk, and equity research analysts. According to the Bureau of Labor Statistics, financial analysts are most heavily employed in the financial services, enterprise management, commodities brokerage, credit intermediation, and insurance industries.
In 2012, U.S. financial analysts earned national median wages of $37.00 per hour, or $77,000 per year, in a large and growing job market. In 2010, 236,000 financial analysts were employed in the U.S., a figure set to rise to 290,200 by 2020, in a 23% increase creating 10,420 new jobs. Demand for financial analysts in North Carolina slightly surpasses the national median. In 2010, 6,780 financial analysts worked in N.C., a figure set to rise to 8,450 by 2020, in a 25% increase creating 310 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 financial analysis, NC State, with one of the oldest and most respected statistics programs in the nation, can help. Most jobs in financial analysis require a bachelor’s degree, and some require a master’s. After earning your BS in Statistics on NC State’s campus in Raleigh, you can pursue your MS in Statistics online, augmenting it with an online certificate in Applied Statistics.
Highest level of education associated with this occupation.