Financial Analysts

23%
Vote
Comments (9)

Will "Financial Analysts" be replaced by AI & Robots?

There is a small chance this occupation will be replaced by robots/AI. However, our poll suggests a higher chance of automation: a 50% chance of automation within the next 2 decades.

Automation Risk Level

No worries

or 23% probability of automation

Projected Growth

12%

by 2024

Median Annual Wage

$81,760

or $39.30 hourly

People Employed

281,610

as of 2016

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Most likely
Least likely

How this compares with other jobs: 221 out of 706

Cast Your Vote

How likely do you think this occupation will be taken over by robots/AI within the next 20 years?

Job description

Conduct quantitative analyses of information affecting investment programs of public or private institutions.

SOC Code: 13-2051

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Comments

Uwe says
Entry level positions might be automated, because they involve a lot of data entries which any person with a solid knowledge of Python can automate. However, more advanced positions that require more social, analytical, skills that require good decision making won't be automated soon.
Jan 08, 2020 at 12:40 AM
Duncan (Highly likely) says
It is just repetitive date entry.
Aug 26, 2019 at 07:44 PM
Daniel says
we need to take a hand and work for our pasion
Aug 26, 2019 at 02:29 AM
Nico (Likely) says
Many analysts focus only on data collection, analyses and reporting. This tasks can be automated
Aug 09, 2019 at 03:45 AM
seb (Could go either way) says
robots make terrible financial analysts.

a machine can be fed information, divide it based on rules you've set for it, but it cannot make decisions or influence others because of political and socioeconomic trends.
Aug 28, 2019 at 12:56 AM
kim (Likely) says
it's just statistics and analysis.
Jul 09, 2019 at 06:23 PM
Malek Salibi (Small chance) says
Some reporting automation bound to happen but variance analysis, complex coodination between business units and solid business acumen and knowledge still required for successful business partnership of finance in any organization.
Jun 28, 2019 at 06:07 PM
Razvan. (Likely) says
In the company I work for, Financial Analyst positions have been already moved to other location where the salaries are lower. Also, Sales and Cash Flow are now being predicted using Artificial Intelligence
May 14, 2019 at 01:46 PM
Ahmed (Could go either way) says
There are currently some computer applications that can perform portfolio analysis tasks
May 14, 2019 at 12:19 PM
Ed (Small chance) says
It would take relationship skills as well as analytical skill to replace this sort of job
May 08, 2019 at 07:09 AM

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