Financial analysts are those people or skilled professionals who help people to invest their money in a proper way and at a place of lowest risk. These people can be hired by banks, financial companies or security firms. They deal with clients and figure out the companies which they think are best for the clients to invest their money. A financial analyst do research work, paper work and write reports about selling and buying stocks.
How to become a Financial Analyst
To become a financial analyst, a person needs extreme knowledge of different companies and their standing at the financial arena. For this, one needs to be a graduate in a subject like finance, statistics or business accounting. A Masters degree in business administration or MBA can be the best way for someone to grab this job position. The applicant needs to be good at Mathematics, problem solving skills, analytical abilities and also must have computer knowledge in order to clear the recruitment process.
Financial Analyst Courses, training, programs
Apart from graduation degree, one needs to train himself in finance and mathematics. Good communication skills are vital along with leadership and decision making abilities. There are several diploma courses and training programs which can help one to become suitable for getting the job of a financial analyst. A person can initially get into the financial department of a company and then slowly climb up the stairs to comfortable place himself in the chair of a financial analyst.
TOP 5 colleges /Universities
The state university of New York
University of Iowa
University of California
University of Illinois
North Dakota University
Financial Analyst Jobs opportunities, salaries/pay
This is an important position for anyone educated in the finance sector. The recruitment process is lengthy but definitely worth it. The earnings of a financial analyst can be anywhere around $40000 per year to $60000 per year depending upon the organisation he is working for. The chances of growth are also very high.
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Hi , I am B.com Student also obtain diploma in Business administration and have 8 year of experience in accounting. Want to move towards an analyst. Would need a guidance on what should be my action point to become professional analyst? any short term courses will help for the same. Have heard about Six sigma will it help me in banking sector. Please guide what should I do?
Rachana