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Credit Analysts

in Massachusetts

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.

Occupation Projection for Credit Analysts

SOC
Code
Title Employment Change Average Annual Typical education needed for entry
2016 2026 Level Percent Exits Transfers Change Openings
132041  Credit Analysts 5,072 5,269 197 3.88 % 119 297 20 436 Bachelor's degree 

Credit Analysts Projections by Industry

Industry 2016
Employment
Projected 2026 Employment Change
2016-2026
2017
Mean Annual OES Wage
Number Percent Distribution Number Percent Distribution Number Percent
Finance and Insurance    4,400  87 % 4,550  86 % 150  3 % $82,510
Credit Intermediation and Related Activities    4,240  84 % 4,390  83 % 150  4 % $81,870
Management of Companies and Enterprises    490  10 % 530  10 % 40  8 % $82,740
Management of Companies and Enterprises    490  10 % 530  10 % 40  8 % $82,740
Massachusetts Department of Unemployment Assistance
Economic Research
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more...)