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Financial Analysts must have at least a Master of Science in Finance (MSF) or MBA degrees, or are qualified Accountants. Senior analysts require even more education.
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To become a financial analyst you must have graduated high school and have some type of college degree. Most places offer training and experience is also needed.
Is essential to have ecomomics as a subject to become a financial analyst?
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What education or training do you need to become a financial analyst?
== == A bachelors degree in finance, and a cfa. can one still become a financial analyst with a bachelor's degree in sociology and/or psychology and a cfa? what also is the route to obtaining the cfa qualification? how different is the cfa from acca?
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.
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