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External Financial Modeling Analyst II Salary in Michigan

How much does an External Financial Modeling Analyst II make in Michigan?

As of August 01, 2026, the average salary for an External Financial Modeling Analyst II in Michigan is $102,900 per year, which breaks down to an hourly rate of $49.

However, an External Financial Modeling Analyst II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $129,264
  • Majority Range (25th-75th percentile): $88,500 to $116,700
  • Entry-Level (10th percentile): $75,390
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View as table View as graph 25% $88,500 10% $75,390 90% $129,264 75% $116,700 $102,900 50%(Median) Didn’t find job title? Click

External Financial Modeling Analyst II Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $116,700 $9,725 $2,244 $56
Average $102,900 $8,575 $1,979 $49
25th Percentile $88,500 $7,375 $1,702 $43
Check out External Financial Modeling Analyst II Job Openings in Michigan
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Geodis - BRENTWOOD, TN

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MassMutual - BOSTON, MA

Actuary Financial Projection Modeling

MassMutual - SPRINGFIELD, MA

Financial Analyst

St. Louis County, Minnesota - DULUTH, MN

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Key Factors That Influence External Financial Modeling Analyst II Salaries

An External Financial Modeling Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.

How Experience Level Affects External Financial Modeling Analyst Salaries?

Experience is a primary driver of an External Financial Modeling Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • External Financial Modeling Analyst I (0-2 years): $83,145
  • External Financial Modeling Analyst II (2-4 years): $102,874
  • External Financial Modeling Analyst III (4-7 years): $105,784
  • External Financial Modeling Analyst IV (7+ years): $123,489
Job Role Years of Experience Average Salary
External Financial Modeling Analyst I0-2 years$83,145
External Financial Modeling Analyst II2-4 years$102,874
External Financial Modeling Analyst III4-7 years$105,784
External Financial Modeling Analyst IV7+ years$123,489
$83,145 External ...
$102,874 External ...
$105,784 External ...
$123,489 External ...
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What Am I Worth?

Top Paying Cities for External Financial Modeling Analyst IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Davison: $99,200
  • Decker: $98,000
  • Deckerville: $97,700

External Financial Modeling Analyst II Salary by Company Size: Startups vs. Enterprise

External Financial Modeling Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $115,191. While startup companies pay approximate $97,449.

External Financial Modeling Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup1~50$97,449
Growth Stage51~500$103,063
Established501~5000$111,237
Enterprise5000+$115,191

External Financial Modeling Analyst II Salary by Industry: Top Paying Sectors

For External Financial Modeling Analyst II roles, the industry you choose can affect earning potential by as much as 75% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 35% above the average. In contrast, External Financial Modeling Analyst positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view External Financial Modeling Analyst II as a support function rather than a direct revenue driver.

The top paying industries for an External Financial Modeling Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking$138,915$67.035%
Financial Services$133,770$64.030%
Biotechnology$128,625$62.025%
Energy & Utilities$123,480$59.020%
Internet$123,480$59.020%

External Financial Modeling Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an External Financial Modeling Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$88,500
Average $102,900/year
$116,700
$7,375
Average $8,575/month
$9,725
$1,702
Average $1,979/week
$2,244
$43
Average $49/hour
$56
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $116,700 $9,725 $2,244 $56
Average $102,900 $8,575 $1,979 $49
25th Percentile $88,500 $7,375 $1,702 $43

External Financial Modeling Analyst II Salary Growth & Career Path

External Financial Modeling Analyst II
Audit Consultant III
Data Analytics Advisor III
External Financial Modeling Analyst III
Professional Services Consultant III
Data Analytics Advisor IV
External Financial Modeling Analyst IV
VP of Professional Services Consulting

Promotions are the fastest way to increase your earnings. As an External Financial Modeling Analyst II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

External Financial Modeling Analyst II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Audit Consultant III $105,800 3%
Data Analytics Advisor III $105,800 3%
External Financial Modeling Analyst III $105,800 3%
Professional Services Consultant III $90,800 -12%

Salaries of jobs related to External Financial Modeling Analyst II

Find Your Next External Financial Modeling Analyst II Job

Ready to take the next step in your career? Browse thousands of current External Financial Modeling Analyst II job openings on our job board. Use the search bar below to find your perfect match.

United States

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