How Much Do Summer Financial Analyst Make?
How much do summer financial analyst make? Discover the average salary, base salary, and compensation for summer financial analyst in the analysis & research category. Learn about summer financial analyst pay per hour, per week, per month, and per annum with detailed salary ranges from $75,000 to $80,000.
How Much Do Summer Financial Analyst Make? Complete Salary Guide
How much do summer financial analyst make? This is one of the most common questions in career planning. Summer Financial Analyst in the Analysis & Research field can expect to earn an average salary of $85,000 per year, with entry-level positions starting at $75,000 and experienced professionals earning up to $80,000 annually.
When breaking down the average salary of summer financial analyst by time periods, summer financial analyst typically make around $7,083.333 per month and approximately $1,634.615 per week. The basic salary of summer financial analyst varies significantly based on experience level, location, and industry specialization. Entry-level summer financial analyst typically start with a base salary of $75,000, while mid-career professionals earn an average of $80,000, and senior-level roles can command salaries exceeding $80,000.
The salary landscape for summer financial analyst is influenced by several key factors including geographic location, years of experience, educational background, and specific industry demands. How much do summer financial analyst make in a week? On average, this translates to approximately $1,634.615 per week. How much do summer financial analyst make per annum? The annual salary range spans from $60,000 to $90,000, with the median salary sitting at $85,000. Additionally, many summer financial analyst receive bonuses averaging $10,000 annually, representing approximately 10.25% of their base salary.
How Much Do Summer Financial Analyst Get Paid Per Annum? Summer Financial Analyst Salary
Annual salary data for summer financial analyst across different experience levels, showing entry-level, mid-career, and experienced professional compensation ranges based on industry standards.
Entry Level Annual Salary
Mid-Career Annual Salary
Experienced Annual Salary
How Much Do Summer Financial Analyst Get Paid in a Month? Summer Financial Analyst Monthly Salary
Monthly salary breakdowns for summer financial analyst at different career stages, providing practical budgeting insights and compensation expectations for financial planning.
Entry Level Monthly Salary
Mid-Career Monthly Salary
Experienced Monthly Salary
How Much Do Summer Financial Analyst Get Paid in Different Locations?
Geographic salary variations for summer financial analyst across different cities and regions, including cost of living adjustments and regional market demand factors that impact compensation.
Summer Financial Analyst Salary Trends
Historical salary progression for summer financial analyst over the past years, showing year-over-year compensation growth and market trends in the industry.
Summer Financial Analyst Salary Trends (2020 - 2025)
Bonus & Compensation Package
Additional compensation beyond base salary, including bonuses, commissions, and overtime opportunities that contribute to total annual earnings.
Bonus Percentage
of annual salary
Bonuses for Summer Financial Analysts are typically based on performance, company profitability, and completion of internship responsibilities, often paid at program's end.
Average Bonus
annually
Commission
Summer Financial Analyst roles generally do not offer commission; however, some firms may provide performance-based bonuses or incentives based on project contributions and outcomes.
Overtime
Overtime pay for Summer Financial Analysts is generally uncommon, as most internships are structured around set hours with no additional compensation for extra hours worked.
Employee Benefits Package
Comprehensive benefits and perks provided to employees, including health coverage, retirement plans, time off policies, and professional development opportunities.
Comprehensive Benefits
Typical benefits for a Summer Financial Analyst include health insurance, 401(k) retirement plans, paid time off (PTO), professional development opportunities, and potential performance bonuses.
Summer Financial Analyst Job Overview
Comprehensive details about the summer financial analyst role including daily responsibilities, work environment, physical demands, and key tasks that define this career path.
About This Role
A Summer Financial Analyst supports financial planning and analysis by conducting research, preparing reports, and analyzing data. This role involves collaborating with teams to assess performance metrics, identify trends, and provide insights that inform strategic decisions. It offers valuable experience in finance and enhances analytical skills for future career growth.
Primary Responsibilities
Financial modeling, data analysis, preparing financial reports, assisting in budgeting processes, conducting market research, supporting investment evaluations, collaborating with cross-functional teams, monitoring financial performance, presenting findings to management, maintaining financial databases.
Day-to-Day Tasks
A Summer Financial Analyst typically conducts market research, analyzes financial data, prepares reports, assists in budgeting processes, collaborates with team members on projects, and presents findings to management.
Work Environment
Hybrid
Summer Financial Analysts typically work in office environments, collaborating with teams, analyzing data, and preparing reports under tight deadlines.
Physical Demands
Moderate
The Summer Financial Analyst role typically requires sitting for extended periods, proficiency in computer use, and occasional collaboration in fast-paced office environments with tight deadlines.
Summer Financial Analyst Requirements & Prerequisites
Essential qualifications and credentials needed to pursue a career as a summer financial analyst, including educational background, certifications, and experience requirements.
Education
Bachelor’s degree.
Field: Finance, Accounting, Economics, Business Administration, Mathematics, Statistics, Data Analysis, Financial Engineering.
Experience
Not specified
Employers seek candidates with strong analytical skills, relevant coursework in finance or economics, internships or project experience, proficiency in Excel, and effective communication abilities to support financial decision-making.
Certifications
Series 7 License, Series 63 License, CFA Level I Certification, Financial Modeling & Valuation Analyst (FMVA), Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), Bloomberg Market Concepts (BMC).
Required Skills
Analytical skills, attention to detail, financial modeling, proficiency in Excel, communication skills, problem-solving abilities, teamwork and collaboration, time management.
Technical Skills
Soft Skills
Summer Financial Analyst Career Path
Professional progression opportunities for summer financial analyst from entry-level to senior management, including typical career advancement timeline and role evolution.
Entry Level
Financial Analyst Intern, Junior Financial Analyst, Finance Assistant
Early-career Summer Financial Analysts assist in financial modeling, data analysis, market research, and report preparation, gaining valuable insights into finance while supporting senior team members.
Mid-Career
Financial Analyst, Investment Analyst, Corporate Finance Analyst
Mid-career Summer Financial Analysts analyze financial data, support budgeting processes, assist in investment decisions, prepare reports, and collaborate with teams to drive strategic financial initiatives.
Senior Management
Senior Financial Analyst, Finance Manager, Director of Financial Planning and Analysis
Senior or management-level Summer Financial Analysts oversee financial analysis, strategic planning, budgeting, forecasting, and team collaboration to drive informed decision-making and optimize organizational performance.
Career Progression Timeline
Timeline: 5 years
A Summer Financial Analyst typically transitions to a full-time analyst role, gaining experience in financial modeling and analysis, with potential advancement to senior analyst or managerial positions.
Summer Financial Analyst Industry & Growth
Market outlook and growth prospects for summer financial analyst, including industry trends, job market demand, and factors influencing career opportunities and advancement.
Job Outlook
Faster than average
Projected: 2024–2034
Industry Trends
Increased demand for data analytics skills, emphasis on sustainability and ESG (Environmental, Social, Governance) factors in financial decision-making, growing reliance on remote work and digital collaboration tools.
Growth Factors
Growing need for data-driven insights, increased financial analysis during peak business seasons, and rising internships in finance sectors fuel demand for Summer Financial Analysts.
Future Opportunities
Sustainable finance, fintech innovations, AI-driven analytics, blockchain applications, ESG investing, remote work solutions, and digital currencies are emerging niches for Summer Financial Analysts.
Summer Financial Analyst Related Professions
Alternative career paths and similar roles for summer financial analyst, including career transitions, related positions, and advancement opportunities within the field.
Similar Roles
Career Alternatives
Upgrade Paths
Related Entry Roles
Summer Financial Analyst Skills & Development
Essential skills and professional development resources for summer financial analyst, including technical abilities, soft skills, recommended courses, and ongoing learning opportunities.
Technical Skills
Soft Skills Needed
Recommended Certifications
Recommended Courses
Development Resources
Training Timeline
Estimated training time
Frequently Asked Questions About Summer Financial Analyst Salary
Common questions and answers about pursuing a career as a summer financial analyst, covering qualifications, salary expectations, career prospects, and practical career guidance.
What qualifications are needed to become a Summer Financial Analyst?
Typically, a relevant degree in finance, accounting, or economics is required, along with strong analytical skills.
What is the average salary of a Summer Financial Analyst?
The average salary ranges from $15 to $30 per hour, depending on the company and location.
What skills are important for a Summer Financial Analyst?
Key skills include financial modeling, data analysis, proficiency in Excel, and strong communication abilities.
Is prior experience necessary for a Summer Financial Analyst position?
While not always required, internships or coursework related to finance can be beneficial.
What type of tasks does a Summer Financial Analyst typically perform?
Tasks may include data analysis, creating financial reports, assisting with budgeting processes, and preparing presentations.
How Much Others Make?
Explore salary data for other professions to compare compensation across different career paths and industries.