Salary by Education Level
What the Data Shows
For Credit Analysts positions, filings requiring a Master's degree carried an average declared salary of $109,612 versus $106,495 for those requiring a Bachelor's - a premium of +2.9%. Across all certified filings with a stated education level, 53.7% accepted a Bachelor's degree as the minimum requirement.
Education vs Salary
| Education Level | Average Salary | Filings | % of Total |
|---|---|---|---|
| Doctorate | $151,437 | 1 | 0.2% |
| Master's | $109,612 | 210 | 44.4% |
| Bachelor's | $106,495 | 254 | 53.7% |
| High School | $88,280 | 2 | 0.4% |
| Associate's | $71,261 | 1 | 0.2% |
| None | $54,387 | 4 | 0.8% |
| Other | $53,500 | 1 | 0.2% |
Education by Top Employer
| Employer | Most Common Minimum | % Bachelor's | % Master's | Median Salary |
|---|---|---|---|---|
| JPMorgan Chase & Co | N/A | N/A | N/A | $90,000 |
| American Express Company | Master's | 33.3% | 66.7% | $104,775 |
| HSBC Bank USA N.A | Bachelor's | 92.9% | 7.1% | $100,000 |
| Citibank, N.A. | Bachelor's | 80% | 20% | $120,550 |
| KPMG LLP | Master's | 0% | 100% | $62,000 |
| Goldman Sachs & Co. LLC | Bachelor's | 66.7% | 16.7% | $65,000 |
| East West Bank | Master's | 23.1% | 76.9% | $75,000 |
| MUFG Union Bank N.A. | Bachelor's | 90% | 10% | $96,888 |
| American Express Travel Related Services Company, Inc. | Master's | 0% | 100% | $100,000 |
| Ivy Mortgage Inc. | Master's | 0% | 100% | $54,434 |
| New Omni Bank, N.A. | Bachelor's | 100% | 0% | $48,402 |
| CBC Group, LLC | Bachelor's | 66.7% | 33.3% | $68,601 |
| BNP Paribas | Bachelor's | 75% | 25% | $115,000 |
| Moodys Investors Service, Inc. | Master's | 37.5% | 62.5% | $110,099 |
| AMERICAN EXPRESS TRS | N/A | N/A | N/A | $105,000 |
| LendingClub Corporation | Master's | 16.7% | 83.3% | $100,000 |
| Bank of China | Master's | 0% | 100% | $60,000 |
| Sumitomo Mitsui Banking Corporation | Bachelor's | 66.7% | 33.3% | $85,000 |
| Standard Chartered Bank | Bachelor's | 83.3% | 16.7% | $100,000 |
| JP Morgan Chase & Co | Master's | 30% | 70% | $100,800 |