Sell-Side Equity Research Analyst

Also called: Research Analyst

Covers a group of companies for a bank, publishing reports with 'buy' or 'sell' ratings that investors read.

A day in the life

On earnings night you stay late listening to a company's call, update your model and publish a report by 7 a.m., then get calls from fund managers asking what you think.

Pay over a career

Starting
$110k
Typical
$180k
High
$400k

Senior analysts at top banks earn well above this; junior associates earn less.

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance or economics; CFA common.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Finance, Economics, Accounting.

Outlook

Growing faster than average (about 6% over 10 years). Tracks financial analysts; sell-side research has shrunk.

Will it last? Our AI estimate

High risk for 10 years. AI now summarizes earnings calls and drafts models and reports; banks are cutting coverage and junior hires.

Start now, in high school

Classes: AP Statistics, Accounting class, AP English Language.

Official data: O*NET occupation 13-2051.

More Financial Research, Ratings & Economics careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.