Financial Modeling Salary Guide
Financial Modeling is not usually part of a job title, however, it is an essential skill for most who are in the Finance profession. Top industry employers seek professionals with financial expertise who have the ability to analyze financial dataFinancial DataWhere to find data for financial analysts - Bloomberg, CapitalIQ, PitchBook, EDGAR, SEDAR and more sources of financial data for financial analysts online and derive actionable insight for effective decision making. Financial modeling is an indispensable skill for every candidate considering a career in the investment industry. This financial modeling salary guide will give a general overview of the salaries of jobs that require Excel modeling skills.
Free Financial Modeling GuideThis financial modeling guide covers Excel tips and best practices on assumptions, drivers, forecasting, linking the three statements, DCF analysis, Excel modeling and much more. Designed to be the best free modeling guide for analysts by using examples and step by step instructions. Investment banking, FP&A, research
Financial Modeling Salary Guide
When it comes to salaries, the finance industry is seen as one of the most lucrative. In this financial modeling salary guide, we’ll go over the salary of a finance professional based on the average salaries in investment banking, private equity, and financial analysis.
Financial analystCertified Financial AnalystCFI Financial Modeling & Valuation Analyst program is your path to become a certified financial analyst. With 12 required courses on topics ranging from accounting and finance fundamentals to financial modeling, valuation and advanced Excel skills, the CFI financial analyst certification will help jobs are still some of the most sought-after positions in the industry, with a salary range of $50,000 – $80,000. Salary will vary a lot depending on experience, company, and location. Certain locations such as New YorkFinancial Modeling Courses in New York and Chicago will tend to have higher compensation.
When it comes to Private EquityPrivate Equity Salary GuideIn this private equity salary guide, we cover several jobs in the private equity sector and their corresponding midpoint salaries for 2018. Private equity firms are investment management companies that are involved with acquisitions of private businesses through pooled capital, the average salary in the United States is in the range of $70,000 – $200,000. Compensation and bonuses differ depending on the position and company. In general, an analyst can get a signing bonus ranging from $5,000 to $20,000. Associate-level professionals can expect a $10,000 to $30,000 signing bonus, while compensation and bonus of professionals handling much higher positions vary and are much higher.
Interested to have a career in investment banking? Expect to get a higher salary, but only if you put in the work. With the hectic hours, investment bankers earn more than consultants. Salaries in Investment BankingInvestment BankingCFI's Investment Banking Manual. This 400+ page guide is used as a real training tool and bulge bracket global investment banks. Learn everything a new investment banking analyst or associate needs to know to get started on the job. This guide and handbook teaches accounting, Excel, financial modeling, valuation, range from $85,000 – $180,000 and Managing Directors can earn over $500,000 a year, without considering the hefty bonuses that vary from area to area.
| Industry/ Job Title | Salary Range |
|---|
| |
| Private Equity | |
| Private Equity Analyst | $70,000 - $100,000 |
| Private Equity Associate | $120,000 - $145,000 |
| Private Equity VP | $180,000 - $210,000 |
| Private Equity MD | $300,000 - $350,000 |
| |
| Investment Banking | |
| Investment Banking Analyst | $85,000 - $100,000 |
| Investment Banking Associate | $100,000 - $120,000 |
Investment Banking VP
| $120,000 - $180,000 |
Investment Banking MD
| $300,000 - $500,000 |
| |
| Hedge Fund | |
| Hedge Fund Analyst | $90,000 - $100,000 |
Hedge Fund Associate
| $110,000 - $136,000 |
| Hedge Fund VP | $150,000 - $220,000 |
| |
| Other | |
| Equity Research Analyst | $50,000 - $80,000 |
| Financial Analyst - Financial Services | $60,000 - $75,000 |
| Corporate - Financial Planning & Analysis | $65,000 - $75,000 |
Source: Industry Sources
FMVA Certification & Training Program
CFI is the official global provider of the Financial Modeling and Valuation Analyst (FMVA)TMFMVA™ CertificationThe Financial Modeling & Valueation Analyst (FMVA)™ accreditation is a global standard for financial analysts that covers finance, accounting, financial modeling, valuation, budgeting, forecasting, presentations, and strategy. 
certification program, which covers topics in Financial Modeling extensively.
FMVA™ CertificationThe Financial Modeling & Valueation Analyst (FMVA)™ accreditation is a global standard for financial analysts that covers finance, accounting, financial modeling, valuation, budgeting, forecasting, presentations, and strategy.
CFI also offers Free Courses that you can take at any time!
Additional Resources
Thank you for reading CFI’s Financial Modeling Salary Guide. If you are looking for additional resources to help you advance your career, check out the following:
- Career MapMapInteractive Career Map - discover your career path in corporate finance. Learn which job is right for you: salary, personality, skills, certifications etc.
- Investment Banking Salary Guide Investment Banking Salary GuideOur investment banking salary guide covers several jobs in the investment banking sector and their corresponding ranges of salaries for 2018. There are three main areas in an investment bank: investment banking division, sales and trading, and asset management.
- Equity Research OverviewEquity Research OverviewEquity research professionals are responsible for producing analysis, recommendations, and reports on investment opportunities that investment banks, institutions, or their clients may be interested in. The Equity Research Division is a group of analysts and associates. This equity research overview guide
- Portfolio Management Career ProfilePortfolio Management Career ProfilePortfolio management is managing investments and assets for clients, which include pension funds, banks, hedge funds, family offices. The portfolio manager is responsible for maintaining the proper asset mix and investment strategy that suits the client's needs. Salary, skills,
