Financial Analysts vs Engineers salary

The US Bureau of Labor Statistics has reported that Financial Analysts have an average annual salary of $103,020, while Engineers earn an average of $107,800 per year. This indicates that the salaries for these two occupations are similar.

However, it's worth noting that salaries can vary depending on factors such as location, experience, and the specific setting in which the employee works. As an example, Financial Analysts who work in New York (with an average salary of $131,690) may earn more than those who work in Utah ($71,760). And Engineers in Washington DC earn 81% more on average than those in Kansas.

Financial Analysts vs Engineers overview

Financial Analysts and Engineers are two important roles in the Professional, Scientific, and Technical Services industry. Many people are interested in understanding the differences between these jobs, as well as the average salaries for each.

Financial Analyst job description

Alternative names: Financial and Investment Analysts

Financial Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

Financial Analyst average salary

According to data from the US Bureau of Labor Statistics, the number of Financial Analysts employed by the United States in 2021 was 291,880, and their average annual wage was $103,020. The bottom 10 percent had earnings of $57,900 or less, and the top 10 percent had earnings of $166,560 or more.

Do Financial Analysts make good money?

The mean salary of Financial Analysts is 77% above the average pay in the United States ($58,260). However, they make 13% less than the mean salary of the Securities and Financial Investments industry ($119,040).

The mean salary of Financial Analysts is 77% above the average pay in the United States ($58,260).

Engineer job description

Alternative names: Engineers, All Other

Engineers all engineers not listed separately.

Engineer average salary

As stated by the US Bureau of Labor Statistics, the United States employed 151,940 Engineers in 2021, and the average income they earned annually was $107,800. The bottom 10 percent had earnings of $58,730 or less, and the top 10 percent had earnings of $164,690 or more. The average salary has increased by 0.7% in comparison to the previous year.

Do Engineers make good money?

Engineers are typically paid well, since their mean salary is 85% above the average wage in the United States ($58,260). Furthermore, they make 18% more than the mean earnings of the Professional, Scientific, and Technical Services industry ($91,150).

Engineers are typically paid well, since their mean salary is 85% above the average wage in the United States ($58,260).

FAQ

Do Financial Analysts or Engineers make more?

These two jobs have similar salaries. Financial Analysts average around $103,020 per year, while Engineers make $107,800 per year.