What does a Software Analyst do?

Technical analysts are securities researchers who analyze investments based upon past market prices and technical indicators and observe stock market patterns to make predictions about a stock’s future performance. They ensure this is correct by using systemic approaches to financial account forecasting that consider statistics including a stock's price, trading volume, trade rates, securities, and interest rates. They apply forecasting information to their statistical formulas to derive the most optimal time and price for selling stocks.

Technical analysts also gather, file, and present their data to be used by their employers and use critical thinking and analytical skills to evaluate the stock market’s constant fluctuations. They communicate their findings through the critical investment information they provide to their clients. Technical analysts need a minimum bachelor's degree in a finance related field. employers also require an additional license.

EducationBachelor's Degree
Work/Life Balance
3.7 ★
Salary Range--
Career Opportunity
3.6 ★
Avg. Experience2-4 years

Software Analyst Salaries

Average Base Pay

$74,845 /yr
Same as national average
Not including cash compensation
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Median: $75K
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Glassdoor Estimated Salary

Software Analyst Career Path

Learn how to become a Software Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Technical Analyst
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Software Analyst Insights

Read what Software Analyst professionals have to say about their job experiences and view top companies for this career.
Deakin UniversityDeakin University
Senior Technical Officer
May 20, 2020

“Little career progress and highly likely stucked at the same position for decades till promotion.”

Software Analyst
Feb 19, 2021

“Some of the client projects are really good and offer great learning and travel opportunities.”

C3i SolutionsC3i Solutions
Hardware and Software Tech
Nov 15, 2021

“The pay was decent and as for my first job i did not have any bad experiences”

NAZTEC International GroupNAZTEC International Group
Senior Software Analyst
Oct 9, 2020

“My personal experience have been great so far and I expect to continue the same for the upcoming years also.”

Senior Software Analyst
Aug 3, 2020

“1. Really good company and if you get a project you get to learn a lot”

Technical Donor Specialist
Nov 12, 2020

“Bonuses were quickly removed around the same time this happened and a new career framework was established.”

Senior Software Analyst
May 27, 2020

“Best place to showcase and enhance talent and required skills to grow in the career.”

Queensway Carleton HospitalQueensway Carleton Hospital
Technical Analyst
Jan 18, 2021

“Little room to progress your career and limited opportunities compared to other hospitals in the region.”

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Software Analyst Interviews

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Software Analyst Jobs

Frequently asked questions about the roles and responsibilities of a software analyst

When working as a software analyst, the most common skills you will need to perform your job and for career success are SQL Server, Written Communication, Microsoft Powerpoint, Javascript, and Database Management System.

The most similar professions to software analyst are:
  • Analyst
  • Teaching Assistant
  • Research Assistant
  • Data Scientist

The most common qualifications to become a software analyst include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.