21 Mar 2015
What does a Financial Analyst do?
- Collecting and analyzing financial information.
- Monitor and interpret available data such as industry and economic trends,
- Forecast the current trends into probable future profitability, determine a fair market value for the sale of company stock
- Making recommendations to your company, investors, customers or clients based on the analysis.
- Work on spreadsheets, creating reports and giving presentations.
Different types of Financial Analysts:
- Securities Analysts,
- Investment Analysts
- Ratings Analysts
- Excellent interpersonal,
- Strong communication
- Conflict resolution
- Self starters
- Typing skills,
- Internet literacy,
- Ability to use Microsoft programs
- Understand financial markets.
- A degree in accounting, mathematics, business administration, finance, management or statistics is required for entry level Financial Analyst jobs.
- Chartered Financial Analyst (CFA), Chartered Investment Manager (CIM), and Certified Management Accountant (CMA).
- Coursework including investment analysis, ethics, financial Analytics, financial modeling
- Statistical skills, math’s and analytics qualifications are also key
Industries Hiring Financial Analyst:
- Investment banks,
- Mutual funds, Pension funds, Hedge funds and
- Securities firms
- Search engines
- Social networks
- Financial institutions
- The health care
- Engineering companies Oil industry
- Telecom/Mobile analytics
- Marketing agencies
- Data science vendors
- Environment, utilities government and defense