Financial Analyst

Lisää tämän kaltaisia

Supply Chain Management

luonut Brian Mann

Introduction in sport management

luonut Siti Zakirah

Theories of Finance

luonut Elisa Moreno

Winnicott

luonut Claudia Moscarelli Corral

Financial Analyst

Job description

Job responsibilities include: - Perform financial forecasting - Analyze financial data and create financial models - Report on financial performance and prepare for regular leadership reviews - Analyze past results, perform variance analysis - Work closely with the accounting team to ensure accurate financial reporting - Exploring investment opportunities

Ranks 13th in best business related jobs. Received 2.7/5 stars on career happiness (bottom 11%)

Median salary of: $71,298 Potential salary of up to: $130,000

Financial analysts work in banks, pension funds, insurance companies, and other businesses. Financial analysts guide businesses and individuals in decisions about expending money to attain profit. They assess the performance of stocks, bonds, and other types of investments. The job also requires a lot of gathering data, organizing information, analyzing historical results, making forecasts and projections, making recommendations, and generating Excel models, presentations, and reports

Some skills necessary to succeed in this field include: - Proficiency in Excel and presentation making - Excellent presenting skills - Expert level analytical and financial modeling skills - Strategic and critical thinking skills - Kindness and sociability - Persuasiveness and ability to influence - Meticulousness - Decision making skills - Communication skills

Job market

The job market for financial analysts is rather healthy, on average there are about 41,000 new job openings yearly for financial analysts. Furthermore, the job market for financial analsyts is expected to grow 6% from now until 2030

credentials/qualifications required

MBA is required for more advanced positions

Must complete a bachelors degree, and then attend university further to obtain a masters degree. Requires a written detailed thesis, a high GPA, and work experience

A CA or CPA qualification may be necessary and is recommeneded

Must complete a professional training program and have a bachelors degree. Must also complete a series of difficult exams

A bachelors degree in commerce, business administration , economics, statistics, or accounting

Must attend university and succesfully earn 120 credits

3 full years experience