(Last Updated On: January 2, 2020)
A financial analyst examines financial data and uses the findings to help companies make business decisions. They research macroeconomic and micro economic conditions along with company fundamentals to make predictions about businesses, sectors and industries. The big investment banks are where the huge first year salaries get paid mainly hire graduates from elite colleges and universities such as Harvard and Princeton. Here are the countries with the highest paid financial analysts.
In Switzerland a financial analyst with 3 – 7 years of experience makes between CHF90,000 – CHF120,000. Those with over 7 years of experience make between CHF110,000 – CHF140,000 annually.
A Belgian financial analyst with 5 – 7 years of work experience is able to make between €55,000 – €80,000 annually. Those with over 15 years experience make between €95,000 – €120,000 per year.
German financial analysts make between €55,000 – €80,000 annual during the early days of their careers. This rises to €70,000 – €100,000 once they gain over 10 years of experience in the industry.
4. United States
The most experienced financial analysts in the US make around $115,000 a year. The best paying states are New York, Wyoming, Colorado, California and Alaska.
One working on permanent basis can make between AU$110,000 – AU$140,000 annually depending on their level of experience.
Dutch financial analysts can look forward to making between €45,000 – €65,000 when they have less than 5 years of experience. Once they are able to get over 5 years experience their salary can rise to as high as €80,000.
A financial analyst based in Japan with limited experience is able to make between 4 million yen and 6.5 million yen. Once one is able to get over 7 years experience, their salary rises to range between 7 million yen and 13 million yen.
Financial analyst based in Toronto make between CA$75,000 – CA$100,000 a year.
Those on a permanent contract earn between €50,000 – €65,000 a year.
A financial analyst in Singapore earns an average of SGD 75,000 during the early years of his/her career and once one gets over 10 years of experience it can rise to SGD 90,000 per year. They can also be entitled to a bonus depending on performance.