This equity research analyst salary guide covers several job levels of equity research analysts and their corresponding midpoint salaries for 2018. An equity research analyst is primarily responsible for analyzing the performance and financials of a company. Depending on the industry that they’re in, equity research analysts can also be in charge of assessing and predicting macroeconomic trends. and studying asset classes such as commodities. They are required to give investors recommendations on what assets to buy, sell or hold.
In general, equity research analysts can be classified as buy-side analysts or sell-side analysts. Buy-side equity research analysts manage client portfolios and choose stocks according to the client’s needs. They usually focus on a large number of companies. On the other hand, sell-side analysts cover a smaller number of companies. It can be just one company or several companies in a specific sector.
Equity Research Analyst Salary Guide – Jobs in the US
Employers typically look for candidates who possess a degree or a diploma in accounting, business, or finance. Because of the tough competition, finance professionals who want to land equity research analyst jobs increase their chances of getting hired by completing a professional certification.
Candidates who meet the educational requirements can take exams from institutes that offer the Chartered Financial Analyst (CFA)® credential. The exams focus on various aspects of equity research, including financial markets, economics, corporate finance and asset valuation, and portfolio management. The CFA job is suitable for candidates who enjoy building financial models and making financial analyses. When it comes to soft skills, employers look for candidates with excellent data analysis and communication skills.
Fresh graduates can start their career path in equity research at the associate or junior level. They can progress to a senior position after at least five years of experience and an MBA or a degree in finance. Higher positions include portfolio manager and vice-president.
Equity Research Analyst Salary Guide – Salaries in the US for 2018
New York is home to financial institutions such as Deutsche Bank and Credit Suisse, as well as many equity research firms, so it’s not surprising that aspiring equity research analysts want to work in New York City, the largest financial district in the US.
An equity research analyst at an associate level in New York receives an annual average salary of $50,000 to $80,000. The figure varies depending on educational background and work experience.
Chicago is another city that attracts a lot of equity research analysts, since it houses many equity research companies. An associate is paid an average salary of $45,000 to $80,000 per year, while the average salary of an analyst ranges from $70,000 to $140,000.
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