Explore Courses

Financial Analyst Salary in UK

Updated on 21 November, 2023

Shivangi Mishra

Shivangi Mishra

Sr. Content Editor

Does managing finances or accounting the financial data interest you? If yes, then being a  financial analyst is just the right career path for you. In fact, being a senior financial analyst is the 7th best paid finance job in the UK as per Indeed.com. Overall employment of financial analyst jobs in the UK is projected to grow 9% from 2021 to 2031, faster than the average for all occupations.

Financial analysts in the UK typically work for banks, investment firms, corporations, or government agencies. This involves collaborating with senior executives on the development of new company policies, organizing a company’s budget and helping complete transactions like mergers and acquisitions. 

This article covers financial analyst salary in the UK, and the different positions in a career as a financial analyst. We will also explore the cities of the UK that will offer you a high salary and the possible career paths you can explore as a Financial Analyst. 

Start Your Study Abroad Journey with upGrad Abroad

Financial Analyst Salary in UK

On average, about 32,000 openings for financial analysts are projected each year till 2031. This testifies to the fact that financial analysts enjoy upward career growth in terms of salary as they gain experience. 

According to Payscale’s salary information, the average base salary for a financial analyst is £34,247 per annum (including tips, bonus, and overtime pay) and it is considered one of the best-paying finance jobs.

The salary of a financial analyst increases depending upon various factors like education and qualification, geographical location, performance and skills, company size and reputation and most importantly experience.

  • An entry-level financial analyst with less than 1 year of experience can expect to earn an average total compensation) of £27,946/year. 
  • An early career financial analyst with 1-4 years of experience earns an average total compensation of £33,441/year.
  • A mid-career financial analyst with 5-9 years of experience earns an average total compensation of £40,266/year.
  •  A senior financial analyst’s salary in the UK is  £41,573/year on average. The analyst comes with an experience of 10-19 years 
  • Financial analysts in their late career (20 years and higher) earn an average total compensation of £39,565.  

5 Best Paying Cities for Financial Analyst Jobs in UK

The cities that pay the highest salary in the financial analyst profession are listed below:

CityAnnual Average Salary of Financial Analysts*
LondonThe average salary for a Financial Analyst is £46,064 with an hourly rate of £28.97
BracknellThe average salary is £41,638 with an hourly rate of £26.19
PortsmouthThe average salary is £39,782  with an hourly rate of £25.02
ReadingThe average salary is £38,921  with an hourly rate of £24.48
ManchesterThe average salary is £37,732  with an hourly rate of £23.73

*Indicative salary as per job listings


Comparison Between Average Financial Analyst Salary in UK and India

According to Indeed’s salary information, a financial analyst in India makes an average annual salary of INR 4.5 lakh. When compared to £34,247 (INR 34 lakh) the average annual salary of a chartered financial analyst in the UK, an analyst in India earns almost one-eighth of the amount. 

However, it must be noted that this difference in salary comes along with a gamut of factors such as the difference in development, GDP of both countries, cost of living, labor market demand and supplies and many more.

Keeping all these factors in mind, the job prospects for financial analysts in the UK are very bright in terms of opportunities and salary. Various companies in the UK are always on the lookout for best candidates from the finance background to streamline their accounts and finances.

Interested to Study In the UK? Apply for Free Counseling


While the finance industry isn’t always known for relaxing hours and stress-free work environments, putting in your time as a financial analyst in a good company in the UK can help you advance through the ranks. Companies like Deloitte, Ernst & Young (EY), KPMG PricewaterhouseCoopers (PwC) and many more hire the best of talented and skilled candidates from finance. 

So, if you are looking to pursue a career as a financial analyst in UK, you must go for it keeping in mind the lucrative salary and numerous job opportunities.  

Frequently Asked Questions

How can financial analysts increase their salary?

Financial analysts have various ways to increase their salaries which are listed as follows:
Employer switch: Take into account a career change to a different company that will pay more for your skills.
Education Level: A financial analyst in the UK is likely to get an increment and be promoted if he obtains advanced degrees.
Experience in management: If you are a financial analyst who supervises less experienced financial analysts, this experience may boost your chance of earning more.

Is data analysis a good career?

Data analysis is an excellent career with many specializations and opportunities for advancement. Your work prospects and pay are favorable given the rising need for data analysis.




What are the most preferred skills for a data analyst?

The most preferred skills for a data analyst are mentioned below:
1.Financial Analysis
2.Data Analysis
3.Financial Modeling
6.Financial Reporting
7.SAP Financial Accounting and 8.Controlling (SAP FICO)
9.Research Analysis
10.Client Interaction

Shivangi Mishra

Sr. Content Editor

She is an experienced writer and journalist who has extensively covered the education sector in India and Abroad. Now helping Indian aspirants realise their foreign education dream by providing them with relevant content and information through upGrad Abroad. Amateur traveller, loves to read Architectural Digest!

See More