Job prospects Cost Financial Analyst in New Brunswick

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Explore current and future job prospects for people working as a "cost financial analyst" in New Brunswick or across Canada.

Job opportunities in New Brunswick

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be good for Financial and investment analysts (NOC 11101) in New Brunswick for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to several new positions.
• Not many positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

• Financial and investment analysts are employed across various industries, but mostly work at financial institutions such as banks, and investment firms.
• Applicants with knowledge of software like SAP or Enterprise Resource Planning, and financial modelling will have more favourable job prospects. An accounting or finance background and designation (CPA, CFA, etc.) may also be beneficial.
• Individuals in this occupation typically work in larger urban centres, where some of the major financial institutions hold their main offices. As such, demand for these professionals is expected to be highest in Fredericton, Moncton and Saint John.

Here are some key facts about Financial and investment analysts in New Brunswick:

• Approximately 950 people work in this occupation.
• Financial and investment analysts mainly work in the following sectors:
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 60%
  • Federal government public administration (NAICS 911): 11%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 94% compared to 84% for all occupations
  • Part-time workers: 6% compared to 16% for all occupations
• 83% of financial and investment analysts work all year, while 17% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
• Less than 5% of financial and investment analysts are self-employed compared to an average of 10% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 56% compared to 52% for all occupations
  • Women: 43% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: n/a
  • high school diploma or equivalent: 11% compared to 30% for all occupations
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: 16% compared to 23% for all occupations
  • bachelor's degree: 54% compared to 16% for all occupations
  • university certificate, degree or diploma above bachelor level: 18% compared to 7% for all occupations

Breakdown by region

Explore job prospects in New Brunswick by economic region.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "cost financial analyst" Financial and investment analysts (NOC 11101) or across Canada.

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