A money market analyst has a host of responsibilities to shoulder. He/she looks after the pertinent requirements that require cash disbursements for various financial activities centering on investment. On certain occasions, a money market analyst also focuses on restricting few of the elements of the investment portfolio of the concerned client. The person has the task of performing tidy documentation of the administrative activities that take place centering different types of cash disbursement. On several instances the money market analyst has a team of subordinates who help him/her in the operational endeavors.
How to become a money market analyst:
The first step would be a high school diploma.
Next the student needs to earn an under-graduate degree in finance or economics or accountancy from a reputed college with decent grades.
For broadening the prospects in the career path, some go for graduate studies in the financial management stream or in any subject of similar nature.
Courses, training, programs:
The training for making a person an expert in the field of money market analysis is rigorous in nature and its course modules are designed by eminent university faculties and industry experts in the US economy.
The courses have extensive scope for the study and honing of skills in this regards.
Money market career schools/colleges, education:
The universities and colleges in the US are world-class when one considers of studying in the field of money market analysis.
The educational institutes have excellent faculty and study facilities renowned in the world.
Top 5 colleges/universities:
Brown University
University of California, Berkeley
University of Texas, Austin
Dartmouth College
University of Massachusetts, Amherst
Money market analyst job opportunities, salaries/pay:
The private consulting firms, the banks and few investment companies hire the money market analysts. According to the figures revealed by the labor department, the starting salary of a trainee money market analyst is around $60,000/annum with incentives.