Financial Analyst Job Description (2)
As the flagship publication of CFA Institute, the Financial Analysts Journal is the leading practitioner journal in the investment management community. In order to become a financial analyst a candidate must have done graduation with mathematics as one subject. They also write reports that explain their analyses, share their expertise with colleagues who aren’t financial experts and sometimes communicate their perspectives to the public and financial media. As the fundamental skill of financial analysts is to assist customers in the investment process, they can even have their own office and operate independently and develop a sound customer base. Additionally, soon after doing 10+2, candidates can apply for CA course to become a financial analyst. With an experience of 5 years in the field, one can get a job of senior accountant or staff accountant. Additionally, a degree in business administration, accounting, finance or statistics benefits a lot in getting a job in finance organisations.
Offering investment suggestions to clients, evaluation of the economic outlook of different sectors and industries for organizations are some other duties bestowed on financial analysts. According to Glassdoor , finance managers earn an average base salary of $123,534, and were among the most in-demand and highest-paid professionals of 2015. Information sources that analysts use in financial statement analysis besides annual financial statements. If this factor has limited demand for financial analysts in the short term, the underlying trend was quickly restored. An MBA degree for Financial Analyst may cost around Rs 2,00,000 from top notch institutes.
This job is carried out by making investment decisions such as selecting dissimilar stocks or having a combination of stocks, bonds, and mutual funds in a portfolio. Financial analysis is one of the toughest jobs for the reason that the professional is always on his toes.
You’ll get an advantage in the field by obtaining a certification, like a chartered financial analyst, or by taking advanced courses in subjects related to your specialty. Ratings analysts evaluate the ability of companies or governments to pay their debts, including bonds. Despite employment growth, strong competition is expected for financial analyst positions. An aptitude to numbers and finance helps candidates grow further in career as a financial analyst.
Sometimes the analyst will meet with company officials to gain an insight into the company and determine how effective the company’s management is. Analysts usually study an entire industry, assessing the current trends in business practices, products, and industry competition.