Anyone have a link to statistics on mean and median salaries of charterholders broken down by industry and/or years of experience?
*Current* salaries?
commstudent Wrote: ------------------------------------------------------- > *Current* salaries? Hah. Yea I guess I am looking for a historical perspective. Things are bad now but I figure things have to get better by the time I pass this darn thing. It’s all cyclical.
man my Level 1 Schweser Review Course teacher in Dallas told us the median salary for CFAs was $200k. I found conflicting results via Google.
Now when examining a chartered financial analyst salary based upon years on experience, the scale is much more linear. A Chartered Financial Analyst with less than one year of experience reported a median salary of $51,046. A CFA with 1-4 years of experience had a salary of $63,898. CFA with 5-9 years of experience reported a median salary of $93,452. More senior CFA with 10-19 years of experience had a median salary of $119,309. The most experienced CFA with 20 years or more of experience had a median salary of $147,260. http://richard-wilson.blogspot.com/2008/10/cfa-salary-average-starting-cfa-salary.html
These lists don’t include those that pass all 3 exams and still don’t get out of the back office.
Also take into consideration where you are working too. Entry level jobs in NYC pay at least 50k-60k for most finance people… well maybe not now, but when I started working thats how it was.
Well you can’t get a CFA with less than four years experience, so I don’t know how they get their numbers. They are different than the CFA institute’s numbers (check executive summary): http://www.cfainstitute.org/memresources/career/surveys.html
jmh530 Wrote: ------------------------------------------------------- > Well you can’t get a CFA with less than four years > experience, so I don’t know how they get their > numbers. They are different than the CFA > institute’s numbers (check executive summary): > > http://www.cfainstitute.org/memresources/career/su > rveys.html Nice link. Copy + pasted US below: United States Total Less than 5 Years Experience 5 to Less than 10 Years Experience 10+ Years Experience) Portfolio manager (equities) 456,000 205,000 398,000 499,000 Portfolio manager (fixed income) 250,000 126,000 210,000 350,000 Portfolio manager (indexed/other) 158,000 87,000 135,000 190,000 Buy-side research analyst (equity) 200,000 149,000 206,000 325,000 Buy-side research analyst (fixed income)) 214,000 130,000 213,000 302,000 Sell-side research analyst (equity) 195,000 150,000 250,000 350,000
Perfect. Thanks guys