Credit Analysts :: Summary

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Credit Analysts

Careers / Credit Analysts

Job Description


	Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.

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Job Requirements


	Experience: A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

	Education: Most of these occupations require a four-year bachelor's degree, but some do not.

	Training: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

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Top Ten Industries

U.S. National Figures.

Credit Analysts
Credit Intermediation and Related Activities (5221 And 5223 only)	28,830
Nondepository Credit Intermediation	14,330
Management of Companies and Enterprises	10,130
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	5,650
Business Support Services	1,310
Automobile Dealers	1,150
Merchant Wholesalers, Durable Goods (4232, 4233, 4235, 4236, 4237, and 4239 only)	1,110
Insurance Carriers	890
Professional and Commercial Equipment and Supplies Merchant Wholesalers	770
Merchant Wholesalers, Nondurable Goods (4241, 4247, and 4249 only)	540

Career Video

Title: "Credit Analysts"

Duration: 01:51

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	Auditors

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Salaries

U.S. National Averages.

Credit Analysts
Average Annual Salary	$82,300
Average Hourly Wage	$39.57
Total Employment	74,820

Related Majors & Degrees

Accounting and Related Services
	Accounting
Finance and Financial Management Services
	Finance, General
	Credit Management

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Interesting Fact

The first U.S. patent, issued in 1790 to Samuel Hopkins for a potassium compound, was signed by both President George Washington and then Secretary of State Thomas Jefferson.

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