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.
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