How to Become a Financial Analyt?

Compared to many high-paying careers, the qualifications to become a financial analyst are much less rigid and well-defined. Unlike law and medicine, no career-wide educational minimums exist. Whether you face any required licensing depends on factors, such as your employer and your specific job duties.the growing demand for financial analysts is on track to outpace the demand for professionals in many other careers by 2026. Someone who enjoys math and analytical thinking may be interested in how to become a financial analyst but unsure of what the work entails and what opportunities are available.

A financial analyst pores over data to identify business opportunities or make investment recommendations.

More junior analysts tend to do a lot of data gathering, financial modeling, and spreadsheet maintenance.

More senior analysts tend to spend time on developing investment theses, speaking with company management teams and other investors, and marketing ideas.

Steps

Earn bachelor degree

Do an internship

Earn master degree

Gain some experience as a finance Analyt

Those who become financial analysts are often employed in companies such as:

Banks

Financial planning institutions

Investment advisory firms

Portfolio management providers

Insurance companies

Government regulatory firms

Minimum Education

Bachelor’s Degree in finance or management

Master degree is desirable.

MBA in finance or management

Degree

Bachelor degree in finance

Bachelor degree in management

MBA in finance

MBA in management

Master in finance

Master in management

Salary

Entry-level financial analysts with under five years of experience may also have an initial lower annual salary, which starts at $57,000 according to PayScale.