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Financial and Investment Analysts in Indiana

Thinking about a career as a Financial and Investment Analysts in Indiana? Here’s what the data says. Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses. Excludes “Budget Analysts” (13-2031), “Financial Risk Specialists” (13-2054), and “Securities, Commodities, and Financial Services Sales Agents” (41-3031).

What do Financial and Investment Analysts Make in Indiana?

For a financial and investment analysts working in Indiana, the typical annual salary is $80,420 per year (or roughly $38.66/hour).Pay can range from $56,940 at the 10th percentile to $131,110 at the 90th percentile.

Wage Statistic	Annual	Hourly
10th percentile	$56,940	$27.37
25th percentile	$65,320	$31.40
Median (50th)	$80,420	$38.66
75th percentile	$104,800	$50.39
90th percentile	$131,110	$63.03

Location quotient — how concentrated this career is in Indiana compared to the national average — is 0.44, suggesting fewer financial and investment analysts per worker than the national average.

National Wage Comparison

Nationally, financial and investment analysts earn a median of $82,666 per year ($39.74/hour), below the Indiana median.

Employment Outlook

National employment for 72,056 financial and investment analysts nationwide. In Indiana alone, about 3,080 people work in this role. That’s fewer than the typical state, which employs around 3,140 financial and investment analysts.

Top Indiana Metros for Financial and Investment Analysts

The largest metro-area employers of financial and investment analysts in Indiana.

Metro Area	Number Employed	Annual Median Salary
Indianapolis-Carmel-Greenwood, IN	1,510	$81,150
Fort Wayne, IN	230	$78,500
Evansville, IN	140	$79,990
South Bend-Mishawaka, IN-MI	110	$82,090
Elkhart-Goshen, IN	100	$77,550
Bloomington, IN	80	$81,080
Columbus, IN	60	$88,440
Lafayette-West Lafayette, IN	60	$77,970
Muncie, IN	40	$95,850
Kokomo, IN	30	$78,940
Terre Haute, IN	30	$77,830

Top States for Financial and Investment Analysts Employment

The table below shows the states where the most financial and investment analysts work.

State	Number Employed
New York	47,130
California	40,570
Texas	26,940
Florida	21,690
Massachusetts	18,020
Illinois	17,950
Pennsylvania	12,220
New Jersey	11,100
Georgia	10,330
North Carolina	10,330
Ohio	9,290
Colorado	9,120
Virginia	8,870
Michigan	8,020
Washington	7,780
Minnesota	6,690
Maryland	6,190
Wisconsin	4,960
Arizona	4,910
Connecticut	4,870

Highest-Paying States for Financial and Investment Analysts

These states pay the most for financial and investment analysts.

State	Annual Median Salary
Wyoming	$213,940
New York	$126,580
California	$111,100
New Jersey	$109,380
Oregon	$107,680
Massachusetts	$107,610
District of Columbia	$106,840
Connecticut	$106,250
Virginia	$104,030
Minnesota	$102,800

Daily Tasks

Financial and Investment Analysts typically:

• Advise clients on aspects of capitalization, such as amounts, sources, or timing.
• Analyze financial or operational performance of companies facing financial difficulties to identify or recommend remedies.
• Assess companies as investments for clients by examining company facilities.
• Collaborate on projects with other professionals, such as lawyers, accountants, or public relations experts.
• Collaborate with investment bankers to attract new corporate clients.
• Conduct financial analyses related to investments in green construction or green retrofitting projects.
• Confer with clients to restructure debt, refinance debt, or raise new debt.
• Create client presentations of plan details.
• Determine the prices at which securities should be syndicated and offered to the public.
• Develop and maintain client relationships.
• Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
• Employ financial models to develop solutions to financial problems or to assess the financial or capital impact of transactions.

Tools & Technology

Software and systems commonly involved: Hot technologies: Alteryx software, Apache Hive, Google Docs, IBM SPSS Statistics, Intuit QuickBooks In-demand technologies: Microsoft Excel

What Major Will Prepare You For This Career?

Programs that train for this career include:

• Finance & Financial Management
• Accounting
• Applied Mathematics
• Data Analytics

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Related Careers

Related occupations to financial and investment analysts include:

• Financial Managers
• Investment Fund Managers
• Management Analysts
• Market Research Analysts and Marketing Specialists
• Accountants and Auditors
• Credit Analysts

Also Known As

Accounting Analyst, Acquisition Analyst, Acquisition Specialist, Acquisitions Analyst, Acquisitions Consultant, Alternative Financing Specialist, Analyst, Bank Analyst, Banking Analyst, Bond Analyst, Brand Analyst, Chartered Financial Analyst (CFA), Commodity Analyst, Corporate Financial Analyst, Corporate Securities Research Analyst.

References

• U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
• O*NET Online — https://www.onetonline.org/
• BLS Employment Projections — https://www.bls.gov/emp/
• O*NET-SOC code: 13-2051.00