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Entry Level Forecasting Analyst Jobs in Towson, MD

Responsibilities - Analyzing client needs to implement Oracle supply chain and operations software ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Entry Level Forecasting Analyst information

See Towson, MD salary details

$12

$26

$52

How much do entry level forecasting analyst jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for entry level forecasting analyst in Towson, MD is $26.60, according to ZipRecruiter salary data. Most workers in this role earn between $18.41 and $28.80 per hour, depending on experience, location, and employer.

What does an entry level forecasting analyst do?

An Entry Level Forecasting Analyst is responsible for analyzing data to predict future trends, such as sales, demand, or financial outcomes, to help organizations make informed business decisions. They use statistical models, data analysis tools, and historical information to develop accurate forecasts. These analysts often work closely with other departments to gather data, interpret results, and present findings in clear reports or presentations. This role typically serves as a starting point for a career in data analysis, business intelligence, or supply chain management.

What are the key skills and qualifications needed to thrive as an entry level forecasting analyst, and why are they important?

To thrive as an Entry Level Forecasting Analyst, you need strong analytical skills, a solid understanding of statistics, and a bachelor's degree in a quantitative field such as mathematics, economics, or data science. Familiarity with forecasting software, Excel, and data visualization tools like Tableau or Power BI is typically required. Attention to detail, critical thinking, and effective communication are crucial soft skills for interpreting data and sharing insights with stakeholders. These skills and qualities are important because they enable accurate predictions, informed decision-making, and clear communication of complex data findings.

What are some common challenges faced by entry level forecasting analysts, and how can new hires overcome them?

Entry level forecasting analysts often face challenges such as interpreting large datasets, understanding various forecasting models, and communicating complex findings to non-technical stakeholders. New hires can overcome these obstacles by actively seeking mentorship from experienced colleagues, participating in training sessions, and leveraging analytical tools to streamline their workflow. Building strong collaboration with team members in finance, operations, and sales also helps ensure forecasts are accurate and actionable.

What is the difference between Entry Level Forecasting Analyst vs Data Analyst?

AspectEntry Level Forecasting AnalystData Analyst
Required CredentialsBachelor's in Economics, Finance, or related field; basic Excel and statistical skillsBachelor's in Statistics, Mathematics, or related field; proficiency in Excel, SQL, and data visualization tools
Work EnvironmentFinancial, retail, or manufacturing sectors focusing on sales, demand, or financial forecastingVarious industries including healthcare, marketing, finance, analyzing data trends and insights
Employer & Industry UsageUsed by companies needing demand predictions and financial planningUsed across industries for data analysis, reporting, and decision support

While both roles involve data analysis skills, the Entry Level Forecasting Analyst primarily focuses on predicting future trends using statistical models, often within finance or retail sectors. In contrast, Data Analysts handle broader data interpretation and reporting across various industries. The roles share foundational skills but differ in their specific focus and application.

What are popular job titles related to Entry Level Forecasting Analyst jobs in Towson, MD?

For Entry Level Forecasting Analyst jobs in Towson, MD, the most frequently searched job titles are:

What cities near Towson, MD are hiring for Entry Level Forecasting Analyst jobs?

Cities near Towson, MD with the most Entry Level Forecasting Analyst job openings:

Infographic showing various Entry Level Forecasting Analyst job openings in Towson, MD as of August 2026, with employment types broken down into 82% Full Time, 12% Part Time, and 6% Contract. Highlights an 80% Physical, 9% Hybrid, and 11% Remote job distribution, with an average salary of $55,335 per year, or $26.6 per hour.

2027 Financial Planning & Analysis Internship Program

T. Rowe Price

Owings Mills, MD • On-site

$71.64/hr

Other

Medical, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


T. Rowe Price rating

9.1

Company rating: 9.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz


Job description

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.

About The Team

The Financial Planning & Analysis (FP&A) supports budgeting, forecasting, and planning for the firm, as well as performs business case analysis for opportunities and develops insights using data analytics. Through financial analytics, the team identifies and communicates areas of financial risk and/or opportunity. These activities support the strategic decision making of senior management regarding future expenditures and other operating decisions as appropriate.

Role Summary

The T. Rowe Price internship program includes a formal orientation, peer and senior mentor assignments, and formal learning opportunities. In addition to the work assignments within the assigned department, interns also gain exposure to associates and senior leaders across the firm through an executive speaker series, networking and social events, and engagement with our Business Resource Groups. The FP&A internship provides financial reporting, planning, and forecasting to various business units in T. Rowe Price. This experience will provide students with an opportunity to analyze financial data to predict future trends, proficiency in financial software tools and enhanced presentation skills.

Responsibilities
  • Analyze, forecast, and develop reports of financial and non-financial trends
  • Support the corporation’s internal end-to-end accounting processes and research required to transform data into information for reporting purposes
  • Prepare external reports for shareholders and regulatory authorities including researching monthly variances, updating financial review presentations, and providing commentary to management
  • Conduct historical analyses to support end-to-end processes within Finance, which may include the support for the period close.
  • Leverage data analytics to provide meaningful insights
  • Utilize data visualization platform to create interactive dashboards
Qualifications
  • Full time student pursuing a bachelor’s degree with an expected graduation date of December 2027 – May/June 2029.
  • Understanding of data visualization tools and financial systems
  • MS Excel knowledge of complex formulas
  • Finance, Accounting, Economics or Business Administration majors preferred
  • Cumulative grade point average of at least 3.2 on a 4.0 scale
  • A growth mindset with commitment to ongoing learning of AI-augmented platforms

FINRA Requirements FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home. Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

Base Salary Ranges
  • $25.00 per hour for the location of: Maryland, Colorado, Washington and remote workers
  • $25.00 per hour for the location of: Washington, D.C.
  • $25.00 per hour for the location of: New York, California

This job is eligible for overtime pay. Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits
  • Competitive compensation
  • Annual bonus eligibility
  • A generous retirement plan
  • Hybrid work schedule
  • Health and wellness benefits, including online therapy
  • Paid time off for vacation, illness, medical appointments, and volunteering days
  • Family care resources, including fertility and adoption benefits
  • Learn more about our benefits

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race.

We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.

T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on–now, and over the long term.

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