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A financial analyst has many job duties. The individual must track financial statuses using by tracking variances regularly. They must reconcile transactions by performing comparisons and correcting all data. These individuals must also increase productivity of their client by developing automated applications, eliminating any existing duplications, and coordinate information as necessary.

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Q: What are the duties of a financial analyst?
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What are the duties and responsibilities of financial analysist?

The duties and responsibilities of a financial analyst are numerous. The analyst tracks the financial health of the company, determines variance rates, provides forecasts, reconciles transactions, and recommends actions to be taken.


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Advice for Considering a Career as a Financial Analyst?

An individual who loves evaluating investments and working with numbers would likely be happy with a job as a financial analyst. The work of a financial analyst involves handling a company's investments including stocks, commodities, and bonds. Financial analysts work for companies, banks, and other organizations. Industry trends are also of interest to financial analysts as they examine the investment portfolio of a client. Read on to find out more about the job of a financial analyst. Financial analysts use their knowledge and education to give the best possible recommendations to a client. Examining a company's performance and analyzing various financial risks are other duties of a financial analyst. A financial analyst attends many meetings to discuss a company's investment portfolio and sometimes finds it necessary to travel to meet with possible investors. A financial analyst has the responsibility of gathering the appropriate information to offer clients solid recommendations. The education required to become a financial analyst includes, at minimum, a Bachelor's degree. A financial analyst with a Bachelor's degree usually followed a course of study such as accounting, statistics, business, or economics. A person with an MBA is an extremely desirable candidate for a job position as a financial analyst. There are different licenses required for this occupation depending on the type of work a person does. Financial analysts can also pursue certification. A person looking for a career similar to a financial analyst may consider a position as a budget analyst, personal financial advisor or a financial manager. Education, certification, and experience all figure into the salary of a financial analyst. A person with a good track record of researching investments that fit with the financial portfolio of a particular company is likely to have success in finding clients. According to the Bureau of Labor Statistics (BLS) the median annual salary of a financial analyst (May 2008) was $73,150. Furthermore, the lower end of the salary range of a financial analyst in May 2008 was $43,440. An individual who is a whiz at math, an effective problem solver, and an efficient researcher may want to check into this potentially lucrative career.


What is a financial analyst?

A financial analyst is a professional that studies various industries and companies, and provides research and evaluation reports. A financial analyst also makes buy, sell, and hold recommendations.


How much an financial analyst makes?

The amount of money that a financial analyst makes depends on the location. This also is largely dependent on skill.


Are there any online programs where I can get chartered financial analyst training?

There are several online programs where one can get Chartered Financial Analyst (CFA) training. The CFA Institute (www.cfainstitute.org) and the CFA Center (www.cfacenter.com) offer Chartered Financial Analyst training.


What was Gerard Arpey's professional level job at American Airlines?

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What is the cost of being a Financial Analyst?

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