Last updated on December 9th, 2025 at 05:10 pm

The financial analyst job over the years has also become aggressive and challenging, especially after BCom graduation. Obtaining your very first financial analyst job is possible, with a proper mix of academic degrees, certifications, and on-the-job practice. Financial analysts form the prime category of any organisation to develop their strategy financially to achieve growth in a profit-making manner.

In fact, this blog will guide you step-by-step from a perspective of a fresh graduate BCom to becoming a very successful financial analyst. We are going to discuss the process of opportunity grabbing by traversing through a typical job description that a financial analyst has, certification selection, and in-demand skill utilization.

What usually defines a financial analyst job description?

A job description of a financial analyst gives the whole job view of what the position involves. Financial analysts analyse data in terms of trends and investment portfolio management to advise companies on sound financial decisions.

Important Roles of a Financial Analyst

How to Become a Financial Analyst: Step-by-Step

1. Build a Good Academic Foundation

Academic background is the basic to finance concepts. BCom graduates should have covered all or most of the following during your academic career: 

Graduating with high honors and also joining activities such as finance clubs can further depict your seriousness with the discipline.

2. Obtain Relevant Certifications

Certifications are part of the journey as a financial analyst. Although your BCom degree will equip you with foundational knowledge, the specialist expertise that is offered in the form of certifications like a CFA Course, CMA and an ACCA makes all the difference.

Why CFA?

Jobs After BCom: Why Financial Analysis is Excellent

As a BCom graduate, the career avenues open up widely. The most common are in accounting, taxation, banking and finance. Financial analysis more so is because of:

1. Heavy Demand in all Industries

Financial analysts are quite essential to almost every business be it banking or health care. With their skills to read data and suggest strategic decisions, financial analysts will never fall out of date.

2. Great Paying Packages

Average salary of a financial analyst in India ranges between ₹4,00,000 to ₹10,00,000 per annum. For senior positions, the salary may even range beyond ₹20,00,000. It is indeed one of the most rewarding career options after BCom.

3. Long-Term Career Growth

You can work up to the position of financial manager, investment banker, or even as a CFO as you gain experience and acquire further qualifications.

Financial Analyst Salary in India: A Detailed Breakdown

An understanding of the pay potential would be a good idea about the right career choices. Here is an accurate breakdown of financial analyst pay in the experience and expertise.

Career Stage Experience Level Average Salary (₹)
Entry-Level Freshers 3,50,000 – 5,00,000
Mid-Level 3-5 Years of Experience 8,00,000 – 12,00,000
Senior-Level 7+ Years of Experience 20,00,000+

Top-tier firms like Deloitte, EY, and KPMG offer salaries on the higher end of the spectrum, as per Glassdoor.

Basic Tools and Skills a Financial Analyst Shall Possess

There are three technical tools and skills that a financial analyst has to acquire and is good at his or her profession.

Technical Skills

Soft Skills

Here is how you can do it-

1. Internships and Freelance Projects

Apply for internships in finance firms.

Work freelance financial projects for small businesses for adding value to your portfolio.

2. Online Courses and Certifications

Take online courses for mastering financial modeling, and other sought-after skills.

FAQ: Financial Analyst Career Path

1. Is CFA necessary to become a financial analyst?

No, but it definitely increases employability and salary scope.

2. What is the entry-level salary for financial analysts in India?

Freshers can expect around ₹3,50,000 to ₹5,00,000 per annum.

3. What sectors recruit financial analysts?

The top sectors are Banking, Healthcare, Technology, and FMCG.

4. Can CMA help me become a financial analyst?

Yes, CMA is very useful in work lives which demand financial decision making.

How ACCA and CMA Can Advance Your Career

ACCA: Global Qualification

Accepted in 180 countries.

Work with 7,600+ employers approved.

Have a 100% employment rate through acknowledged prep providers.

CMA: Suitable for Strategic Financial Jobs

Prepares to work in the sphere of management accounting as well as risk management.

It offers higher pay, that is nearly 30 percent more, through IMA.

Conclusion: Launch Your Financial Analyst Career

For a BCom graduate, it becomes a tad scaring to be a financial analyst. However, with the right strategy, it is something which is completely achievable. Focus on certifications, technical skills, and experience from internships to see you stand out.

Key Takeaways

CTA: Ready to Begin?

Visit ACCA Global or IMA Global for a look at the recognized certifications worldwide and take that step towards becoming a well-functioning financial analyst.