A Financial Analyst collects and analyses all sorts of financial data (both macroeconomic and microeconomic) and market-related information to help their clients make the best possible investment decisions.
An analyst also recommends action such as buying or selling stocks; also looks into a company?s financial health helps in arriving at a valuation of a company for mergers & acquisitions.
Bachelor?s Degree in finance, business or related field is a must.
Curriculum and Core Subjects:
Analytical skills: A financial analyst needs to have logical reasoning skills.
Communication skills: They should be able to converse with other clients.
Computer skills: Financial analysts must have the ability to use software packages to analyze financial data, see trends, create portfolios, and make forecasts.
Decision-making skills: Financial analysts must provide a recommendation to buy, hold, or sell a security.
Detail-oriented: Financial analysts should have an eye for detail when reviewing possible investments, as small issues may have large implications for the health of an investment.
Math skills: Financial analysts must use mathematical skills when estimating the value of financial securities.
Portfolio managers: These managers are responsible for the overall performance of the portfolio. They are also expected to explain investment decisions and strategies in meetings with stakeholders.
Fund managers: Both fund and portfolio managers frequently make buy or sell decisions in reaction to quickly changing market conditions.
Rating analysts: On the basis of their evaluation, a management team rates the risk of a company not being able to repay its bonds.
Risk analysts: This job is carried out by making investment decisions such as selecting dissimilar stocks or having a combination of stocks, bonds, and mutual funds in a portfolio.
In India, the average salary for a financial analyst ranges from Rs 3 lac to Rs 7 lac per annum.
Some of the top universities in becoming a financial analyst are:
A Financial Analyst collects and analyses all sorts of financial data (both macroeconomic and microeconomic) and market-related information to help their clients make the best possible investment decisions.
An analyst also recommends action such as buying or selling stocks; also looks into a company?s financial health helps in arriving at a valuation of a company for mergers & acquisitions.
Bachelor?s Degree in finance, business or related field is a must.
Curriculum and Core Subjects:
Analytical skills: A financial analyst needs to have logical reasoning skills.
Communication skills: They should be able to converse with other clients.
Computer skills: Financial analysts must have the ability to use software packages to analyze financial data, see trends, create portfolios, and make forecasts.
Decision-making skills: Financial analysts must provide a recommendation to buy, hold, or sell a security.
Detail-oriented: Financial analysts should have an eye for detail when reviewing possible investments, as small issues may have large implications for the health of an investment.
Math skills: Financial analysts must use mathematical skills when estimating the value of financial securities.
Portfolio managers: These managers are responsible for the overall performance of the portfolio. They are also expected to explain investment decisions and strategies in meetings with stakeholders.
Fund managers: Both fund and portfolio managers frequently make buy or sell decisions in reaction to quickly changing market conditions.
Rating analysts: On the basis of their evaluation, a management team rates the risk of a company not being able to repay its bonds.
Risk analysts: This job is carried out by making investment decisions such as selecting dissimilar stocks or having a combination of stocks, bonds, and mutual funds in a portfolio.
In India, the average salary for a financial analyst ranges from Rs 3 lac to Rs 7 lac per annum.
Some of the top universities in becoming a financial analyst are:
