#1- Financial Analyst:
A financial analyst is a finance professional involved in creating financial models and forecasting financial statements as well. Enrolling in one of the best courses on Financial Modeling with us will help you be eligible to apply for such posts. Usually, they are hired more by well-known companies like JPMorgan Chase, WellFargo, Amazon, Deloitte, and similar others. For the job role offered, the analyst receives around $60,885 and $73,500 annually as of June 27, 2024, depending on the seniority level as well.
#2 - Equity Research Analyst:
As the name suggests, equity research analysts analyze financial information along with the different trends of the different organizations and industries and then gives an opinion in his equity research report based on the analysis conducted. In short, they give verdict to clients on their investment decisions. Some of the popular hiring companies include Goldman Sachs, Morningstar, Barclays, CRISIL, and others. As of June 27, 2024, they earn around $109,417 per year plus some additional benefits.
#3 - Investment Banker:
These investment banking analysts have a similar job role as equity analysts. However, they mostly work with investment banking firms. They prepare financial models, perform financial analyses of companies, and advise clients on buy or sell decisions. In short, they prepare pitchbook for client meetings, including M&A and LBO pitchbooks. Here, large investment banks like CitiGroup, JP Morgan Chase, HSBC, Credit Suisse, and others provide a high salary of $80,245 as of June 27, 2024 to analysts.
#4 - Private Equity Analyst:
It is just a sub-category of equity analysts that is more concerned with private firms. This is among the financial modeller jobs where analysts conduct research, forecast the performance of private firms (not listed on stock exchange), do ratio analysis, and give interpretations on private companies. They are mostly hired by Goldman Sachs, Blackstone, General Atlantic, and other private equity firms. The average salary here is $94,303 on an annual basis. Sign up for this best Financial Modeling online course with us and be eligible for such positions.
#5 - Credit Analyst:
Credit analysts facilitate credit risk management by measuring the creditworthiness of the individual or a firm. They are generally employed by banks, credit card companies, rating agencies, and investment companies. A few popular banks include CitiGroup, American Express, Barclays, HSBC, and others. In this case, the salary prospects range between $52,979 and $65,732 as of June 27, 2024 annually.
#6 - Actuarial Analyst:
An actuarial analyst is a finance professional who uses statistical models to evaluate and assess risk in many industries, including insurance, healthcare, and finance. They use this analysis further to design and price insurance policies. As of June 27, 2024, they get paid around $80,200 annually on average and are hired by mostly EY, Accenture, Mercer, and others.