Financial analysts are the people who produce financial reports for a company. They work with data, perform calculations, and create models to help decision-making.
A financial analyst is responsible for analyzing the financial statements of companies and then using those analyses to make recommendations on investment decisions.
The job of a financial analyst is not only about crunching numbers. You'll need to be able to communicate your findings in an understandable way so that other people can understand them too.
Some of the skills needed are:
-Analytical skills: You'll need to be able to analyze information from various sources and draw conclusions from them.
-Communication skills: You'll need excellent communication skills both written and verbal in order to explain your findings clearly.
Financial analysts are the professionals who provide financial analysis and advice to their clients. They are also responsible for following up on the company’s financial performance and evaluating its effectiveness.
As a profession, financial analysts are in high demand in India. The job responsibilities include performing market analysis, evaluating business processes, and providing recommendations for investments.
A recent study by Monster found that most of the jobs in India require a college degree or higher qualification. However, only about 1% of Indian workers have an MBA or other advanced degree such as an MA or PhD.
Financial analysts are responsible for evaluating the financial performance of a company, analyzing its financial statements, and developing forecasts.
Financial analysts typically work in investment banking or securities firms and are employed by companies or institutions for which they provide financial services.
A job description for a financial analyst might include:
- Analyzing the financial performance of a company, analyzing its financial statements, and developing forecasts.
- Providing advice to management on how to improve business operations.
- Conducting research on companies in order to identify potential investments or acquisitions.
- Preparing detailed reports on investments or acquisitions and presenting them to management.
A financial analyst is a person who applies advanced knowledge of accounting, finance, economics, and statistics in order to assess the financial performance of an individual or company.
A financial analyst's job responsibilities include conducting market research and analysis, performing stock analyses, and developing investment strategies.
The scope for a financial analyst can vary depending on the company they work for and the industry they work in.
Choosing a career should be a meticulous process. Take a Career Assessment Test to check your suitability for Financial Analyst
Click here to choose a plan
Check if your skills are appropriate for Financial Analyst. There is scope and opportunity in every career, if it matches your Interest, personality and aptitude.
We follow a top to bottom approach. Our career counselors in the face to face counseling session would first discuss whether Financial Analyst is a suitable career option for the student/child or not. If the reports shows that child does have the aptitude, personality and interest required for this particular career, then the counselor will guide him/her about the scope, job opportunities for Financial Analyst and also help with the entrance exams, colleges, courses, private tutors etc for this career.