Individuals attaining efficiency in multidisciplinary roles are often known to have the edge over candidates specializing in a single subject. The same goes for the world of finance. Financial analysis is a widely known field of career finance-majors embrace to manage all the financial aspects of any organization.
This includes keeping up with market trends, internal expenses, and investment advisory. On the other hand, equity analysts are trained to focus on and manage one segment, that is, company stocks. The two roles may have the same background but differ widely in functionality and expertise.
Equity analysts are restricted to one role as financial analyst training broadly differs from the operating range of an equity analyst. However, equity analysts can always look for an upgrade to their skill set. The best part about these two roles having similar backgrounds is that both can get an upgrade with the help of certification courses to specialize or broaden their skill set.
Let’s find out!
Contribution to Company Finances
The equity analyst role entails working for a concentrated sector in a company dealing with company stocks, IPO offerings, mergers, and acquisitions.
A financial analyst certification can work as an added benefit, allowing equities analysts to perform roles of a financial analyst for a company as well, contributing to multiple other finance-related functions, including conducting internal financial statement analysis, budgeting, preparing financial models by predicting future conditions, while exhibiting the equities analyst role of dealing with company stocks at the same time.
Not all financial analysts are equipped to read through and manage investments; therefore, as an equity analyst, certification can offer an edge to any individual appearing for the role.
Exhibiting Improved Skill Set
An equities analyst is a subsection of the financial analyst role, including the base knowledge and a similar background, though a financial analyst’s role demands knowledge of diverse subjects while an equities analyst is concentrated, relevant to matters related to big company stocks. Financial analyst certification can exhibit a candidate’s enhanced skill set.
Certification courses like CFA in India are highly technical and demonstrate a promising skill set in successful candidates. The certification course comprises detailed modules with multiple categories narrating fluency in all things finance; thus, an equities analyst possessing a financial analyst certification undoubtedly has an edge with his/her versatile set of skills and experience.
Broader Job Market
Although equities analysts are known to attain attractive salary packages, seeking a job in the relevant field is difficult. Equity analysts, known to work with stocks and shares, only work with big industry names to entirely use their subject specifications. Career opportunities and attractive compensation are directly bound to the health of the big company. As a result, the job market for equities remains concentrated as financial analysts grow into one of the most in-demand jobs.
Statistics see a stable growth for the financial analysts market, with a requirement for candidates with in-depth knowledge. In addition, stepping into the financial analyst market can get easier for equities analysts with a financial analyst certification.
The role of equities analysts undoubtedly owns an edge with financial analyst certification, delivering an opportunity to perform versatile functions and seek a less concentrated area of expertise. The role of an equities analyst is also known to hinder work-life balance.
However, financial analysis gives more room to an individual while extending a versatile field to explore their strengths and opportunities. Equities analysts can find numerous online and offline opportunities to obtain financial analyst certification in India.