Alabama Department of Labor

Labor Market Information Division
SOC: 13-2051 Financial Analysts
Conduct quantitative analyses of information affecting investment programs of public or private institutions.
Education: Most of these occupations require a four-year bachelor's degree, but some do not.
OJT: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
Tasks: Inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions. Prepare plans of action for investment, using financial analyses. Evaluate and compare the relative quality of various securities in a given industry. Recommend investments and investment timing to companies, investment firm staff, or the public. Present oral or written reports on general economic trends, individual corporations, and entire industries. Monitor fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources, or personal interviews. Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs. Purchase investments for companies in accordance with company policy. Monitor developments in the fields of industrial technology, business, finance, and economic theory. Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
License: License not required.
Outlook: Satisfactory
Alabama Employment Outlook
Alabama Wage Data
Hourly Wage   Annual Wage
Entry $27.22   Entry $56,610.00
Mean $43.66   Mean $90,805.00
Experience $51.88 Experience $107,903.00

The data is based on the May 2017 Occupation Employment Survey employment and wage estimate file. The wages have been aged using the most current ECI factors reflecting wages as of June 2018.

Alabama Projections
Estimated Employment 2016Projected Employment 2026Annual Average OpeningsAnnual Growth Rate
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13-2051.00 Financial Analysts