Salary by Education Level
What the Data Shows
For Securities, Commodities, and Financial Services Sales Agents positions, filings requiring a Master's degree carried an average declared salary of $170,721 versus $185,839 for those requiring a Bachelor's - a premium of -8.1%. Across all certified filings with a stated education level, 63.4% accepted a Bachelor's degree as the minimum requirement.
Education vs Salary
| Education Level | Average Salary | Filings | % of Total |
|---|---|---|---|
| Doctorate | $206,232 | 1 | 0.1% |
| Associate's | $198,355 | 2 | 0.3% |
| Bachelor's | $185,839 | 441 | 63.4% |
| Other | $175,000 | 2 | 0.3% |
| Master's | $170,721 | 236 | 33.9% |
| None | $157,354 | 12 | 1.7% |
| High School | $41,663 | 2 | 0.3% |
Education by Top Employer
| Employer | Most Common Minimum | % Bachelor's | % Master's | Median Salary |
|---|---|---|---|---|
| UBS Securities LLC | Bachelor's | 66.7% | 33.3% | $156,864 |
| HSBC Bank USA N.A | Bachelor's | 80% | 10% | $130,000 |
| Barclays Capital Inc. | Bachelor's | 81.8% | 18.2% | $165,000 |
| Akuna Capital LLC | Bachelor's | 100% | 0% | $100,000 |
| JPMorgan Chase & Co | N/A | N/A | N/A | $150,000 |
| Citigroup Global Markets Inc. | Master's | 40% | 60% | $175,000 |
| Goldman Sachs & Co. LLC | Bachelor's | 77.8% | 11.1% | $206,100 |
| Credit Suisse Securities (USA) LLC | Master's | 38.9% | 61.1% | $200,000 |
| Morgan Stanley & Co LLC | Master's | 33.3% | 55.6% | $200,000 |
| HSBC Securities (USA) Inc. | Bachelor's | 100% | 0% | $150,000 |
| Standard Chartered Bank | Bachelor's | 87.5% | 12.5% | $130,000 |
| BGC Partners, Inc. | Bachelor's | 100% | 0% | $168,000 |
| SG Americas Securities, LLC | Master's | 37.5% | 62.5% | $206,616 |
| MERRILL LYNCH | Bachelor's | 60% | 40% | $190,000 |
| Citibank, N.A. | Bachelor's | 90% | 10% | $175,000 |
| TULLETT PREBON AMERICAS HOLDINGS LLC | None | 50% | 0% | $175,000 |
| BNP Paribas Securities Corp | Master's | 41.2% | 52.9% | $150,000 |
| Pacific Investment Management Company LLC | Master's | 42.9% | 57.1% | $135,000 |
| JP MORGAN CHASE CO | Bachelor's | 76.5% | 23.5% | $169,853 |
| JP Morgan Chase & Co | Bachelor's | 68.4% | 21.1% | $210,000 |