Empower Youth

If you're interested in becoming a bank analyst, one of the first things to consider is how much education you need. We've determined that 69.7% of bank analysts have a bachelor's degree. In terms of higher education levels, we found that 11.5% of bank analysts have master's degrees. Even though most bank analysts have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a bank analyst. When we researched the most common majors for a bank analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on bank analyst resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a bank analyst. In fact, many bank analyst jobs require experience in a role such as internship. Meanwhile, many bank analysts also have previous career experience in roles such as analyst or summer analyst.

BANK ANALYST CAREERS

Bank analysts guide companies and investment firms on financial decisions. They analyze companies' annual results to help them make sound investment decisions. They identify potential markets and market trends as well as conducting thorough investigations of the companies. They also make inquiries about potential buyers or investors and participate in marketing events for the company.

Bank analysts earn a median sum of $85,000 annually or $41 per hour. Bank analysts are professionals who work for the business media or other research houses. They are vital to the growth of a company, and they are expected to be updated with the current economic trends and industry changes. They also prepare complex financial analyses and models to aid in investment decisions while assessing the management team's strength.

Bank analysts typically have a bachelor's degree in finance, business, or other relevant fields. They may be required to have a license to sell financial products. However, some companies don't need these licenses before hiring analysts. Bank analysts are expected to possess excellent analytical, communication, computer, and decision-making skills.

There is more than meets the eye when it comes to being a bank analyst. For example, did you know that they make an average of $40.03 an hour? That's $83,270 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.

What Does a Bank Analyst Do

There are certain skills that many bank analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, math skills and detail oriented.

When it comes to the most important skills required to be a bank analyst, we found that a lot of resumes listed 6.7% of bank analysts included risk management, while 6.6% of resumes included capital markets, and 6.6% of resumes included powerpoint. Hard skills like

hese are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the bank analyst job title. But what industry to start with? Most bank analysts actually find jobs in the finance and professional industries.