Average Salary For Financial Analyst In South Africa

Financial analysts examine financial data and use their findings to help companies make business decisions. Often, their analysis is meant to inform the investing decisions of companies.

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Not all financial analysts analyze the stock or bond markets or help their employers make investments.

Financial Analyst Salary In South Africa

The average financial analyst salary in South Africa is R 2 640 000 per year or R 1 354 per hour. Entry-level positions start at R 404 780 per year, while most experienced workers make up to R 8 851 679 per year.

How much does CFA earn in South Africa?

The average CFA salary in South Africa is R 6 900 000 per year or R 3 538 per hour. Entry-level positions start at R 3 300 000 per year, while most experienced workers make up to R 9 120 000 per year.

How do I become a financial analyst in South Africa?

A bachelor’s degree or equivalent education/work experience.

A passing score for the CFA Level I Exam or the self-administered Standards of Practice Examination.

48 months of professional work experience (<-link – includes work assessment test) in investment decision making.

3 professional references.

What does a financial analyst do in South Africa?

A financial analyst carefully studies marketplace trends, demographics, and microeconomic factors to help the company make smart investments.

The financial analyst may also provide advice to companies on issuing their own bonds, splitting stock, and other areas of concern.

How long does it take to become a financial analyst in South Africa?

According to BLS, the requirements for the Chartered Financial Analyst credential include A bachelor’s degree in finance or accounting.

A minimum of four years of qualified work experience. Passing scores on the three CFA Institute exams.

How many years does it take to become a financial analyst in South Africa?

There’s no formal qualification required, but many in this position are qualified accountants, and most have a postgraduate degree such as an MBA.

To become a financial analyst, you’ll need to first complete a four-year degree in finance, accounting, economics, or a similar area.

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