Financial Analysts - Conduct quantitative analyses of information affecting investment programs of public or private institutions.
The national average annual salary for this occupation is $86,040 per year. Nationally, the average hourly wage for this occupation is $41.36. The average wage in New Mexico is below the national average. In New Mexico, the average hourly wage is $39.22 and most workers in this occupation earn between $20.07 and $48.80 per hour.
In the table click on the "+" sign to expand/collapse areas.
| Area | Entry Wage | Average Wage | Experienced Wage |
|---|---|---|---|
| National Annual | $86,040 | ||
| National Hourly | $41.36 | ||
| Statewide Annual | $41,756 | $81,586 | $101,501 |
| Statewide Hourly | $20.07 | $39.22 | $48.80 |
| Metro Areas | |||
| Albuquerque Annual | $41,242 | $60,401 | $69,980 |
| Hourly | $19.83 | $29.04 | $33.64 |
| Farmington Annual | - | - | - |
| Hourly | - | - | - |
| Las Cruces Annual | $58,733 | $82,040 | $93,694 |
| Hourly | $28.24 | $39.44 | $45.05 |
| Santa Fe Annual | - | - | - |
| Hourly | - | - | - |
| Regions | |||
| Central Annual | $41,242 | $60,401 | $69,980 |
| Hourly | $19.83 | $29.04 | $33.64 |
| Eastern Annual | - | - | - |
| Hourly | - | - | - |
| Northern Annual | $43,049 | $130,775 | $174,638 |
| Hourly | $20.70 | $62.87 | $83.96 |
| Southwestern Annual | $55,393 | $79,897 | $92,149 |
| Hourly | $26.63 | $38.41 | $44.30 |
A dash '-' indicates that information is not available for this occupation or area.
Metro Areas refer to Metropolitan Statistical Areas.
Regions refer to Workforce Investment Areas.
For more detailed information about New Mexico wages visit the Occupational Employment Statistics program website.
Information displayed represents annual 2010 wages.
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New Mexico
2008 to 2018
In 2008 there were about 360 workers in this occupation in New Mexico. The Department of Workforce Solutions estimates that by 2018 this number will increase by about 18 percent and an estmated 420 will be employed in this occupation. Compared to other occupations, employment growth in this occupation is growing more slowly than the average. Job opportunities indicate few and keen competition, as there should be about 6 openings each year for workers in this occupation.
In the Table click on the "+" sign to expand/collapse areas
| Area | Estimated Employment 2008 | Projected Employment 2018 | Annual Percent Change | Total Annual Average Openings |
|---|---|---|---|---|
| New Mexico | 360 | 420 | 1.66% | 6 |
| + Metro Areas | ||||
| Albuquerque | 170 | 200 | 1.87% | 3 |
| Farmington | - | - | - | - |
| Las Cruces | - | - | - | - |
| Santa Fe | 140 | 150 | 1.33% | 2 |
| + Regions | ||||
| Central | 170 | 200 | 1.87% | 3 |
| Eastern | 20 | 20 | 2.26% | 1 |
| Northern | 150 | 170 | 1.44% | 2 |
| Southwestern | - | - | - | - |
A dash '-' indicates that information is not available for this occupation or area.
Metro Areas refer to Metropolitan Statistical Areas.
Regions refer to Workforce Investment Areas.
Financial Analysts usually need Bachelor's Degree.
| Education Level | Percentage |
|---|---|
| Bachelor's Degree | 84% |
| Master's Degree | 16% |
Information based on O*NET data and is the result of a national survey.
Use this list to find educational opportunities for this occupation. Contact the specific schools directly to find out application requirements and program availability.
In the table click on the "+" sign to expand/collapse areas.
| + New Mexico State University main campus(NMSU) | ||
|---|---|---|
| Website:http://www.nmsu.edu | ||
| Type | Standardized Program Title | |
| Bachelor's Degree | Finance, General | |
| + University of Phoenix - Albuquerque | ||
| Website:http://www.phoenix.edu/campus-locations/nm/new-mexico-campus/new-mexico-campus.html | ||
| Type | Standardized Program Title | |
| Bachelor's Degree | Accounting and Business/Management (NEW) | |
| + University of Phoenix - Kirtland AFB Lea | ||
| Website:http://www.phoenix.edu/campus-locations/nm/new-mexico-campus/kirtland-afb-learning-center.html | ||
| Type | Standardized Program Title | |
| Bachelor's Degree | Accounting and Business/Management (NEW) | |
| + University of Phoenix - Santa Fe | ||
| Website:http://www.phoenix.edu/campus-locations/nm/new-mexico-campus/santa-fe-learning-center.html | ||
| Type | Standardized Program Title | |
| Bachelor's Degree | Accounting and Business/Management (NEW) | |
| + University of Phoenix - Santa Teresa | ||
| Website:http://www.phoenix.edu/campus-locations/nm/new-mexico-campus/santa-teresa-learning-center.html | ||
| Type | Standardized Program Title | |
| Bachelor's Degree | Accounting and Business/Management (NEW) | |
| + University of Saint Francis | ||
| Website:https://www.stfrancis.edu/usf-campuses/albuquerque-new-mexico/ | ||
| Type | Standardized Program Title | |
| Associate's Degree | Finance, General | |
| + Western Governors University (WGU) | ||
| Website:http://www.wgu.edu/ | ||
| Type | Standardized Program Title | |
| Bachelor's Degree | Finance, General | |
This list is updated once a year and is compiled from the NM Department of Higher Education and other sources.
| License Title | Contact | Year | Number issued |
|---|---|---|---|
| Broker/Dealer Representative | New Mexico Securities Division 2550 Cerrillos Road, Third Floor , Santa Fe, NM 87505 (505) 547-4580 www.rld.state.nm.us/Securities/index.html | 2010 | 91,684 |
| Investment Adviser Representative | New Mexico Securities Division 2550 Cerrillos Road, Third Floor , Santa Fe, NM 87505 (505) 547-4580 www.rld.state.nm.us/Securities/index.html | 2010 | 2,089 |
| Issuer Salesmen | New Mexico Securities Division 2550 Cerrillos Road, Third Floor , Santa Fe, NM 87505 (505) 547-4580 www.rld.state.nm.us/Securities/index.html | 2010 | 286 |
Other available certificates or credentials may also be desirable. Additional local licenses or permits may be required, and individual businesses may have specific employment requirements. Licensing information is collected through a variety of New Mexico-based resources and does NOT include federal licensing requirements.
No WorkKeys scores are available for this particular occupation.
For further information on WorkKeys please visit the ACT-WorkKeys website. Skill levels are provided for individuals who know thier scores.
| Industry | Percent of Employed |
|---|---|
| Administrative and Support Services | * |
| Ambulatory Health Care Services | * |
| Computer and Electronic Product Manufacturing | * |
| Credit Intermediation and Related Activities | 6.6% |
| Educational Services | * |
| Hospitals | * |
| Management of Companies and Enterprises | * |
| Mining (except Oil and Gas) | * |
| Oil and Gas Extraction | * |
| Postal Service | 1.0% |
| Professional, Scientific, and Technical Services | * |
| Real Estate | * |
| Religious, Grantmaking, Civic, Professional, and Similar Org | * |
| Securities, Commodity Contracts, and Other Financial Investm | * |
| Self-Employed Workers, Primary Job | 7.8% |
| Social Assistance | * |
| Telecommunications | * |
| Transportation Equipment Manufacturing | * |
* Data is confidential.
Source: NMDWS, Economic Research and Analysis Bureau
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