FMVA Salary and Compensation
Financial modeling is a highly demanded skill-set that requires years of experience to master. One of the best ways to stand out from the crowd is to earn a legitimate professional certification, such as CFI’s Financial Modeling & Valuation Analyst (FMVA) designation. The average FMVA salary was $121,000 in 2018, based on a survey of CFI students.
As shown above, the compensation buckets for FMVA certification holders ranges as follows:
- 8% are paid less than $50,000
- 18% are paid $50,000 to $75,000
- 20% are paid $76,000 to $100,000
- 32% are paid $101,000 to $150,000
- 17% are paid $151,000 to $150,000
- 5% are paid more than $250,000
With more than 100,000 students enrolling in Corporate Finance Institute courses annually, the FMVA certification is becoming an increasingly popular way of rising up the ranks as a financial analyst.
Financial Modeling Salaries
When it comes to base salaries, the finance profession is often one of the most lucrative options. Financial analyst jobs are highly sought-after positions in the industry, with average base salary ranges of from $50,000 to $80,000. These figures vary widely depending on experience, company, and location. Major financial centers such as New York, Hong Kong, and London tend to have higher compensation.
In addition to their base salaries, financial analysts typically earn cash bonuses and equity-based compensation. These bonuses and equity awards can often make up a very meaningful part of their compensation and in some cases equal over 100% of the base salary.
To learn more, check CFI’s Library of Compensation Guides.
Image: CFI Courses.
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