Financial and Investment Analysts

AUTOMATION RISK
CALCULATED
79%
risk level
POLLING
53%
Based on 1,086 votes
LABOR DEMAND
GROWTH
8.6%
by year 2032
WAGES
$95,080
or $45.71 per hour
Volume
291,370
as of 2022
SUMMARY
JOB SCORE
5.8/10

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Automation risk

79% (High Risk)

High Risk (61-80%): Jobs in this category face a significant threat from automation, as many of their tasks can be easily automated using current or near-future technologies.

More information on what this score is, and how it is calculated is available here.

We haven't found any important qualities of this job that can't be easily automated

User poll

53% chance of full automation within the next two decades

Our visitors have voted they are unsure if this occupation will be automated. However, the automation risk level we have generated suggests a much higher chance of automation: 79% chance of automation.

What do you think the risk of automation is?

What is the likelihood that Financial and Investment Analysts will be replaced by robots or artificial intelligence within the next 20 years?






Sentiment

The following graph(s) are included wherever there is a substantial amount of votes to render meaningful data. These visual representations display user poll results over time, providing a significant indication of sentiment trends.

Sentiment over time (quarterly)

Sentiment over time (yearly)

Growth

Fast growth relative to other professions

The number of 'Financial and Investment Analysts' job openings is expected to rise 8.6% by 2032

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2023.

Wages

Very high paid relative to other professions

In 2022, the median annual wage for 'Financial and Investment Analysts' was $95,080, or $45 per hour

'Financial and Investment Analysts' were paid 105.3% higher than the national median wage, which stood at $46,310

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Significantly greater range of job opportunities compared to other professions

As of 2022 there were 291,370 people employed as 'Financial and Investment Analysts' within the United States.

This represents around 0.20% of the employed workforce across the country

Put another way, around 1 in 507 people are employed as 'Financial and Investment Analysts'.

Job description

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

SOC Code: 13-2051.00

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Comments

Leave a comment

Random (Uncertain) says
CEOs like to have someone talk them through the reporting documents
Jan 18, 2023 at 05:27 AM
Greasy Banker says
What I'm seeing in the comments on finance jobs in general is people don't expect them to be automated away, they WANT them to be automated away. Industry outsiders look from the outside in and estimate 0 human component, or simply discount any skills or talent a banker may have without even knowing what they do. Bankers get a bad rap, and I understand why, but if you want to talk overpaid positions, get alook at the IT sector right now and tell me what you see. That market will get saturated like everything else. Bankers don't have a monopoly on highly paid positions.
Aug 30, 2022 at 02:31 PM
Rafael Beckhauser (Low) says
because the planning, budgeting and forecasting (performance, demand, cash flow) are evolving with business intelligence and data driven. people are going to use their skills in python or sql. INCLUDING TREASURY MANAGEMENT; it is evolving in more data analysis and supply chain. MATH AND STATS SKILLS are essential including RISK MANAGEMENT as well.
Apr 04, 2021 at 04:12 PM
Kohyar Shaikh (Low) says
Since the University Industry basically is a major source of revenue and skilled migrants to many countries especially those that attract a lot of international students like The US, Canada, UK, Australia and Germany and even Turkey and Northern Cyprus. There is a small chance however that all teaching shifts online with pre-recorded stuff.
Dec 05, 2020 at 06:40 AM
Edim (Uncertain) says
Depending on the position.
Entry-level it's pretty much just data entry, things that can easily be automated.
On higher levels, it requires decision making, data analysis, and other skills that will be out of any computer's reach for quite some time still.
Overall it's fairly safe from automation as of now. The human brain is still the single best pattern recognition system that we know of and pattern recognition is a large part of Financial Analysis.
Jun 27, 2020 at 08:54 PM
Rafael Beckhauser says
Totally agree with Edim. Financial analysis, financial modelling and data analysis requires good skills in math, stats and risk management which influences the decision making of any enterprise, and those things only humans can do it for the next 20 years and so.
Apr 04, 2021 at 04:16 PM
ANG BENG KUAN (Uncertain) says
Computer automation will continue to reform financial services and portfolio analysts sector with the advent of robo advisers and financial screening applications that is able to generate systematic results and interpret such outcome into decision-making. Software applications that could filter and differentiate corporate credits, extract data and keywords in business news across web space, and portfolio simulation engine based on risk return optimization.
Jun 27, 2020 at 03:47 AM
Dunkjoe says
Looking at some of the comments, and understanding the industry, for companies employing manual procedures, yes, any job including financial analysts would be likely to be replaced by automation and AI (Smart Learning bots).

However, the Finance Industry requires analysis in association with human bias and understanding, so the very nature of financial analysts is likely not replicable by automation or AI easily.

Unless, everything is automated. But that would mean a large majority of jobs would be gone in every industry.
Jun 10, 2020 at 05:14 AM
Nick (Highly likely) says
Because its literally just reading back results of formulas. Machine Learning can do the formulas and A.I. can interpret the results
Mar 01, 2020 at 02:41 AM
JTC (Uncertain) says
New products like Qlik Sense and Qlik View automatically generate reports analysts typically do in seconds. (not in hours or days)

The machine learning algorithms already can identify data insights and generate data visualizations based on the information.

Financial Analysts work will shift away from data flattening to asking questions about the data.

In the next decade, rather than the CFO asking questions for the lines of business to bring back information, they can text chat a bot to serve up in the information across the entire enterprise. This has implications on existing organizational hierarchies. I would expect a reduction in growth rate of this industry.
Feb 05, 2020 at 04:00 PM
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 (Moderate) says
Many analysts focus only on data collection, analyses and reporting. This tasks can be automated
Aug 09, 2019 at 03:45 AM
seb 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 (Moderate) says
it's just statistics and analysis.
Jul 09, 2019 at 06:23 PM
Malek Salibi (Low) 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. (Moderate) 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 (Uncertain) says
There are currently some computer applications that can perform portfolio analysis tasks
May 14, 2019 at 12:19 PM
Ath says
Can you give me an example?
Jul 13, 2020 at 04:13 AM
Ed (Low) 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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