Financial Analyst: Career Guide And Salary

The financial services industry is competitive and it can be tough to break into the field. If you’re interested in a career as a financial analyst, read on to find out what you can do to prepare yourself for the job.

What Is a Financial Analyst?

Financial analysts examine financial data and use their findings to help companies make business decisions. Often, their analysis is meant to inform the investing decisions of companies.

Financial analysts research macroeconomic and microeconomic conditions along with company fundamentals to make predictions about businesses, sectors, and industries. They also often recommend a course of action, such as buying or selling a company’s stock based upon its overall performance and outlook.

An analyst must be aware of current developments in the field in which they specialize, as well as in preparing financial models to predict future economic conditions for any number of variables.

Not all financial analysts analyze the stock or bond markets or help their employers make investments. Companies may also hire an analyst to use numerical data to pinpoint the efficacy of various marketing techniques relative to cost. Businesses that utilize the franchise model often have financial analysts who are responsible for tracking individual franchises or groups of franchises within a geographic region. The analysts determine where the strengths and weaknesses lie and make profit and loss forecasts.

Job Description – Basic Qualifications

1. 0-3+ years of business finance or other relevant experience

2. High proficiency in financial modeling techniques

3. Strong fluency with Excel formulas and functions

4. BA, BS, or B.Com degree required (Bachelor’s Degree in

5. Accounting/Finance/Economics)

6. Strong analytical and data gathering skills

7. Good business acumen

Job Description – Preferred Qualifications

1. 3-5+ years of business finance or other relevant experience

2. MBAs are preferred

3. Finance, Accounting, Economics, or Statistics are preferred major fields

4. Proven work experience in a quantitatively-heavy role

5. FMVA or similar designations preferred

6. Strong quantitative and analytical competency

7. Self-starter with excellent interpersonal communication and problem-solving skills

8. Advanced knowledge of Excel

Job Description – Personality and Interpersonal Skills

1. Ability to streamline functions and passion to learn and grow

2. Strong interpersonal skills, including written and oral communication skills

3. Comfort dealing with ambiguity and the ability to work independently

4. Experience working with, and presenting to, senior executives

5. Excellent communication and presentation skills; be comfortable interacting with executive-level management

6. Strong financial modeling experience

Work Environment for Financial Analysts

The largest employers of financial analysts are as follows:

Securities, commodity contracts, and other financial investments and related activities18%
Credit intermediation and related activities15%
Professional, scientific, and technical services12%
Management of companies and enterprises11%
Insurance carriers and related activities6%

Financial analysts work primarily in offices but travel frequently to visit companies or clients.

Financial Analyst Salaries

The median annual wages for financial analysts in the top industries in which they work are as follows:

Securities, commodity contracts, and other financial investments and related activities$101,410
Professional, scientific, and technical services$84,540
Management of companies and enterprises$83,640
Credit intermediation and related activities$81,420
Insurance carriers and related activities$78,870

Fund managers are typically compensated by fees, usually structured as a percentage of assets under management and a percentage of the fund’s annual return.

Every reader contribution, however big or small, is so valuable for our future. Support from as little as $1 – and it only takes a minute. Thank you.

20 thoughts on “Financial Analyst: Career Guide And Salary”

  1. Thanks for the a new challenge you have unveiled in your post. One thing I would really like to comment on is that FSBO relationships are built over time. By presenting yourself to owners the first few days their FSBO can be announced, ahead of masses get started calling on Monday, you generate a good connection. By mailing them methods, educational components, free records, and forms, you become a good ally. By taking a personal interest in them plus their situation, you make a solid relationship that, in many cases, pays off as soon as the owners opt with a representative they know in addition to trust — preferably you.

  2. Have you ever thought about publishing an ebook or guest authoring on other blogs? I have a blog based upon on the same topics you discuss and would really like to have you share some stories/information. I know my subscribers would value your work. If you are even remotely interested, feel free to send me an e mail.

  3. Another important area is that if you are a mature person, travel insurance intended for pensioners is something you ought to really contemplate. The mature you are, the harder at risk you are for permitting something negative happen to you while in foreign countries. If you are not really covered by some comprehensive insurance, you could have some serious difficulties. Thanks for giving your ideas on this blog site.

  4. hi!,I like your writing so much! share we communicate more about your post on AOL? I need an expert on this area to solve my problem. Maybe that’s you! Looking forward to see you.

  5. Hey there! This post could not be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this write-up to him. Fairly certain he will have a good read. Many thanks for sharing!

  6. My brother suggested I might like this blog. He was totally right. This submit truly made my day. You cann’t imagine just how much time I had spent for this information! Thank you!

  7. Hi! I could have sworn I’ve been to this site before but after reading through some of the post I realized it’s new to me. Anyhow, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

  8. Hiya, I’m really glad I’ve found this info. Today bloggers publish only about gossips and net and this is really irritating. A good website with interesting content, this is what I need. Thank you for keeping this web-site, I will be visiting it. Do you do newsletters? Can’t find it.

  9. Thanks , I have recently been searching for info about this subject for ages and yours is the best I have discovered so far. But, what about the conclusion? Are you sure about the source?

  10. Thank you for this article. I’d also like to say that it can become hard when you’re in school and just starting out to initiate a long credit standing. There are many college students who are just trying to pull through and have a protracted or positive credit history can often be a difficult matter to have.

  11. Thanks for the tips you are discussing on this blog site. Another thing I would really like to say is the fact that getting hold of copies of your credit history in order to examine accuracy of each and every detail could be the first action you have to execute in credit repair. You are looking to thoroughly clean your credit file from damaging details faults that mess up your credit score.

  12. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why waste your intelligence on just posting videos to your site when you could be giving us something informative to read?

  13. Looking at this article, I miss the time when I didn’t wear a mask. baccaratsite Hopefully this corona will end soon. My blog is a blog that mainly posts pictures of daily life before Corona and landscapes at that time. If you want to remember that time again, please visit us.

  14. Have you ever thought about including a little bit more than just your articles? I mean, what you say is important and everything. However imagine if you added some great images or video clips to give your posts more, “pop”! Your content is excellent but with images and video clips, this site could undeniably be one of the best in its niche. Excellent blog!

  15. An impressive share, I simply given this onto a colleague who was doing somewhat analysis on this. And he the truth is purchased me breakfast as a result of I found it for him.. smile. So let me reword that: Thnx for the deal with! However yeah Thnkx for spending the time to debate this, I really feel strongly about it and love reading extra on this topic. If attainable, as you develop into experience, would you thoughts updating your blog with extra particulars? It’s extremely helpful for me. Massive thumb up for this weblog publish!


Leave a Comment