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What are the Top Skills Required for a Financial Analyst?

What are the top skills required for a financial analyst?

It goes without saying that analytical skills are important when you’re a financial analyst but there is a whole host of other attributes employers look for when they hire financial analysts.
Here are the ten most important financial analysis skills we have identified.

  • Research Skills- research is by far the most important part of an Analysts job because, without the data mined from research, there can be no analysis. Research involves spending time understanding the problem/scenario, plotting out the questions and knowing where to look for the answers.
    This means you need to be resourceful and aware of your environment. What makes one financial analyst better than the other is knowing where to find the best quality data.
  • Detail Orientated- A depreciation number of 454 will lead to a very different answer than a depreciation number of 545. One percent here or there on a DCF can completely alter the valuation of a company. The devil really does lie in the details of a financial analyst job and you need to be able to catch the changes, both mistakes, and trends, to be able to arrive at insightful conclusions.
  • Analytical Skills- A lot has been said about analytical skills, so much so, people don’t really know what it entails. The analysis in Finance involves pulling apart the threads of a problem, perhaps a balance sheet, asking the right questions of your data, and bringing all your answers together in a coherent form to present to your client or your team.
  • Organization skills – being able to compile data, compile research findings, compile analysis in an organized manner that can save time efficiently is a skill many people do not appreciate enough.
  • Mathematical Skills- A financial analyst cannot be intimidated by numbers. The level of numerical complexity is dependent on the job. An investment banking analyst will perhaps only ever have to add/subtract/divide and multiply but a fixed income analyst or a portfolio analyst will have complex equations to calculate. Options and futures are often known as ‘quant’ jobs and mathematical skills have to be very sound to do well in these jobs.
  • Decision-making skills – the global financial services terrain is ever changing and a good financial analyst has to be able to make spot decisions based not the data he/she has so that a client can always be certain they are ahead of the curve.
  • Excel and PowerPoint Skills- Excel and PowerPoint are to the Financial Analyst like a measuring tape and a drill machine to a carpenter. There is no career without it and mastering both software will ensure you are efficient and quick at your job.
  • Communication and Writing Skills- Being able to listen, speak and write well is critical because you have to be able to wean out information, and communicate everything you analyze efficiently and effectively. You will often be put on the spot in front of clients or asked to write reports with tight deadlines and being confident about your speaking and writing skills goes a long way in your career.
  • Marketing Skills- The ability to persuade is important for an analyst. We are persuading investors to listen to our stock recommendations, convincing clients we are the bankers for the job, and getting clients to sign on. All of this requires the ability to sell a story in a convincing manner which goes back to not only communication skills but the ability to use the written analysis to sell the situation.
  • Relationship skills– analysts need to main relationships across stakeholders be it companies, clients, colleagues, your own leadership team, to ensure they get access to information, create effective solutions, work well in a team, and build your career. Financial analysis is as much a people job as anything else and building and keeps relationships will help in both doing your job and advancing your career.
  • Leadership Skills– all analysts will eventually lead teams of analysts and this requires a show of leadership. To not just be able to lead a team, but mentor junior analysts and create a collaborative culture that will create successful companies.

Authored by: Reshma Krishnan

  • January, 16th, 2018
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Importance of Financial Analyst in a company

The key factor denoting a company’s growth and existence is the level of profitability attained. There is a direct relationship between utilizing financial resources and the profit generation for a business firm. Financial analysis is required to determine the financial health and stability of a company. It helps in determining the current financial position and upcoming financial requirement. In order to assess the financial health and performance of a company, a financial analyst is required.

The role of the financial analyst is very challenging, and includes the following:

  • Guiding the financial need and requirement of the company
  • Assessing the performance of bonds, stocks, commodities, and other investment instruments
  • Making decisions regarding market investment
  • Analyzing the performance of securities, insurance
  • Determining future earnings and expenses of business firms
  • Evaluating the effect of tax rates, government policies, competitor strategies, commodity prices etc

They deal with the balance sheet, spreadsheets, and databases in order to gain a better insight into firm’s prospects. Having a strong hold on the market economic trends and business scenarios, they often give recommendations regarding buying and selling of investments.

There is a vast scope of career advancement for financial analysts. Many professional, as well as certification courses, are there for developing the financial knowledge and skills. With rigorous academic curriculum, ‘Imarticus Learning’ has successfully developed many financial professionals with outstanding quantitative and analytical skills, through our business analytics certification course.

5 Key Tips for a Successful Financial Career

In the present day, the vocational industry has turned out to be extremely focused, and it is essential for the employment possibility to have fundamental abilities and capabilities to land the position in their fantasies.
Landing a financial position is dependably a decent affair particularly in a period where innovation is supplanting human endeavors in an office. Today, procuring administrators and organizations extremely strict and they can just for experts who can protect the vision and goals of the organization.

Getting a vocation in the field of finance is testing since you require particular abilities that contracting administrators in the monetary field search for.

financial analyst - careerManagers in the Investment Banking, bookkeeping, and monetary administrations region attempt to discover work wannabes who hold a considerable measure of key abilities and qualities.
The primary reason is that they have to ensure that their interest in enlisting you will be one of the best ventures they make. Following are a portion of the keys to an effective budgetary occupation:

#1. Correspondences Skills
The capacity to converse with individuals of various levels is crucial for a fruitful profession in back. Finance experts must be equipped for discussing their insight with intense talking and composing aptitudes. They ought to have introduction aptitudes as it gives you a chance to confer your insight to others.
On the off chance that you might want to obtain an effective fund work, you ought to require abilities in conveying organization strategies and procedures to different laborers in your organization and clients. Clearly, extraordinary correspondences abilities, both verbally and orally we should back experts to end up plainly fruitful in their employment.

#2. Quantitative Skills
It is basic for the fund experts to be able to oversee information and make utilization of numerical proof in a systematical way. Back experts ought to appreciate the ability to design studies to assess and bring into play quantitative information from studies, computerized media, and so on.
For a fruitful vocation in fund, you ought to have a wide comprehension of math including creating monetary reports, spending plans, asset reports, salary articulations et cetera.

#3. Innovation Skills
We live in our current reality where innovation has created past our creative energy. In the present day, you ought to have innovation abilities to land a position and lead an effective profession.

Innovation assumes a tremendous part in fund field also and in this manner, you ought to be in the know regarding innovation to be fruitful in the backfield. You should know how to make money related records with the assistance of bookkeeping and other innovation programming.

#4. Expository Skills
Solid expository aptitudes are basic if a back office is to convey what the organization anticipates.
A portion of the fruitful experts in fund field are anxious to hold close and take advantage of their systematic aptitudes to create extraordinary impacts in their organizations numerous ways.

To the extent the finance experts are concerned, the aptitude to express legitimate deduction with the point of gathering and investigating distinctive vital data is an essential to be effective in a fund profession.

#5. Adaptability
Finance experts need to ace the craft of flexibility to appreciate effective fund work.
Clearly, experts with flexibility and furthermore with a wide abilities base are equipped for keeping the pace of growing directions and principles. It is vital for the present specialists to get accommodating employment abilities and keep up a focused edge over other occupation searchers. You ought to be adaptable on the off chance that you might want to keep up a focused edge over your occupation rivals in the back division.

Remember that adaptability is not tied in with forming into prevalent at what you do however, it additionally indicates being able to accomplish something viably that you have not done or not endeavored to do some time recently.

While these 5 skills will always be indispensable when it comes to making a career in the field of finance. We at Imarticus Learning offer professional courses, which can help finance aspirants prepare for a successful career in Financial Analysis.

  • August, 22nd, 2017
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Impact of Technology on Investment Banking

The Financial Services industry is without a doubt seeing the effect of innovation driven change either straightforwardly to their plans of action (for both customer and business customers) or even as an optional or tertiary effect, given it’s at the center of all different ventures. While these organizations have made a tolerable showing with regards to by and large of receiving more current and propelled advancements, they clearly need to get a move on of appropriation or hazard losing piece of the overall industry to the freshest participants – or more terrible, getting to be noticeably out of date.

The most recent influx of development and technology is about versatility. The web based keeping money and financier encounter has now moved onto your telephone which upgrades accommodation on many levels.

Banking and Investment applications would now be able to connect into your telephone’s GPS to give you area based data, for example, closest ABMs and branches.

Versatile and remote advances are a greater amount of a development in my psyche as they haven’t radically changed the market as much as past developments.

Remote installment innovation over RFID (Visa Pay Wave, MasterCard Pay Pass) is up to twice as quick as utilizing money or check cards. Charges won’t be dropping but rather buyers are getting back another extremely significant ware, time.

The normal retail Investment Banker or Financial Analyst won’t think excessively about how quick their exchanges are executed however dealers, institutional speculators and mutual funds do.

Executing exchanges a couple of milliseconds quicker on a trade can have a major effect when you are doing thousands or even a huge number of exchanges a day.

Getting the most ideal cost for your customers encourages them spare cash while it will also facilitate those who are putting the exchanges, they will get more business. There are different contentions that fast exchanging can prompt higher expenses for speculators nonetheless.

Fiber optic interchanges, quick figuring force and reason manufactured applications all add to executing exchanges rapidly.

While the pace of innovation change in the budgetary division may be ease back in respect to different regions, despite everything it has an extremely critical effect.

Regardless of whether we understand it or not, advancements in innovation for the managing an account segment influence us consistently.

To stay in the lead, money related and finance administrations associations must acknowledge and adjust to the way that the client base they serve is experiencing a noteworthy move as far as purchasing practices and inclinations, a lot of which is being driven by the computerized innovation transformation, especially online networking and portable. Era Y, for instance, needs more decision and control by the way they interface with a bank or insurance agency, regardless of whether it act naturally coordinated, web drove, individual to-individual, on the telephone or in an office. Accordingly, organizations must change their customary models and items to benefit this developing and evolving client

  • August, 12th, 2017
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Application of Financial Analysis in Business Management

With the utilization of financial analysis in business management with the improvement of the economy, endeavours are confronting progressively complex condition. Undertaking present day administration is the pattern. Monetary administration is an imperative piece of reinforcing the limit of corporate money related examination. It has an essential part to enhance their centre aggressiveness, however this viewpoint right now in China is as yet not considered sufficiently important.

In business management, through the investigation of precise and exhaustive monetary pointers can be more orderly and far reaching comprehension of the venture, it can give an ideal help to make right and sensible judgments and choices, in order to figure a more extensive fit undertaking frameworks and techniques, a more sensible and viable, directed measure for endeavours’ reasonable advancement is imperative. It’s execution empowers organizations to feasible advancement.

Bookkeeping money related examination is the procedure and after effects of doing corporate monetary exercises that depend on the exploration and assessment of the organization’s budgetary explanations and other data, which can uncover the favourable circumstances and weaknesses of the business ventures previously, dissect money related condition and foresee future patterns, so it can be smarter to enable organizations to get ready for the future, improve speculation decisions. Financial analysis is a critical piece of budgetary administration. It is a vital piece of monetary administration in a necessary part and is a vital method for money related administration.

Financial Analysis file framework for the Endeavour’s loan bosses, investors, directors and staff of its inner monetary anticipating and choice to give insurance and bolster part. Better for the quick advancement of ventures assume an imperative part.

Through financial analysis, financial specialists can comprehend the business’ productivity and dissolvability, expected return and hazard speculation that exist, and after that settle on the correct choices. As of late, with the enhancement of business financial specialists, loan bosses are not just restricted to the National Bank. Monetary examination pointers are a vital technique for financial specialists and banks in advertise economy conditions to acquire the coveted data. By business chiefs to put forth monetary expressions on day by day money related examination, to comprehend their own qualities, its deficiencies discovered, which can change in time endeavour business methodology.

Financial Analysis of information got from the investigation of bookkeeping data, in actuality, bookkeeping data bending, it will influence corporate money related investigation off base information, in this manner influencing the business’ arrangement direction, affecting the advancement of undertakings. Bookkeeping data contortion predominantly the accompanying aspects: the hypothesis of defective bookkeeping; bookkeeping administration framework is not immaculate; the interests of drivers; inward control framework is blemished.

Financial Analysis as an imperative piece of budgetary administration exercises assume an inexorably critical part in current organizations and just has a discerning, logical, sound budgetary examination framework with a specific end goal to all the more precisely and unbiasedly on the monetary circumstance of ventures for examination, undertaking estimating and choice to make the correct judgments. In this way, the business partners to convenient investigation of budgetary proclamations do the financial plan for future operations and administration to give powerful premise.

Imarticus Learning is a very esteemed professional training institute which offers a number of courses in Financial Analysis and other fields of Finance and Analytics.

  • August, 2nd, 2017
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Corporate Financial Analyst – Job Demands For Financial Analysis in 2017

Today, it’s elusive a position that is more popular than a financial analyst. Actually, the U.S. Agency of Labour Statistics expects a 12% rate of development in the quantity of money related expert employments in the 10-year time span in the vicinity of 2014 and 2024. That is speedier than the normal development for all other vocations in the field of Finance.

Most firms require a specialist to manage budgetary business choices. This master ought to have the capacity to estimate where the organization’s cash is originating from now — and later on — then enable administrators to choose how to put it in ways that produce the best return. A Financial Analyst needs first class basic leadership aptitudes. What’s more, he or she should have the capacity to add to office particular and general business techniques and give information based arrangements grounded in the strong examination. They’ll likewise be relied upon to make an interpretation of reports and gauges into a straightforward exhortation that will streamline forms, enhance productivity, spare time and cash, and set up the organization for development. Experts with these ascribes aren’t anything but difficult to discover nowadays.

About all organizations require a decent monetary investigator to adjust their books and watch the main issue. Be that as it may, the measure of a business, its multifaceted nature, the industry it works in, and its phase of improvement will decide the particular obligations of the monetary expert. For instance, a developing innovation organization may require a money related master to assess potential acquisitions, while an entrenched protection supplier may require somebody to recognize potential new income streams.

Organizations rely on the financial analyst to enable them to settle on basic business choices in view of financial information. They assume a basic part in business by inspecting information and giving noteworthy data on gainfulness, dissolvability, steadiness, and liquidity. In view of information given by the examiner, the organization likewise composes budgetary reports and tracks money related development both in the association and in the commercial center all in all.

Corporate financial analysts work each day with the organization’s objectives and current money related circumstance as the main priority. They apply that concentration to their work breaking down spending plans pay proclamation figures and other money related information. They gather and outline information to fabricate complex reports that obviously delineate the organization’s money related status and any dangers that may exist. They additionally build up money related benchmarks against which they measure organization execution, and create budgetary models to enable leaders to decide how specific changes in conduct or economic situations could affect the business later on.

While a characteristic energy for numbers is basic, don’t disparage the significance of sensible considering and the capacity to investigate an assortment of data. In the event that you’ve had the chance to use explanatory abilities, you should exhibit it and give points of interest of your learnings and difficulties.

It is vital for financial analysts to have the capacity to examine the connection between an organization’s money related conduct and industry requests. In such manner, money related experts must have the capacity to survey and cross examine budgetary data. You ought to be economically canny and have the capacity to speak with individuals at all levels.

  • July, 19th, 2017
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Live Webinar on a Day in the Life of a Financial Analyst

Being a financial analyst is perhaps one of the most demanding yet rewarding career options. There are many hats that a financial analyst wears, the roles and responsibilities vary from across industries, banking sectors. How the role shapes up also depends on the level of experience a person gets to the table, if they are a junior or a senior analyst.

A junior analyst would generally have an experience of about 3-4 years while a senior analyst is someone with more than 4 years of experience. Junior analyst’s roles and responsibilities would include, gathering data, financial modelling, maintaining spreadsheets etc…, while a senior financial analyst would use most of their time making investment plans, closely liaising with the management team and investors, maybe at times also involved in marketing ideas especially if they are on the sell side.

Register Now

There are different areas the financial analyst can work in. Majorly it is in investment banking, however many financial analysts can also work in different businesses and corporate set ups. Their basic responsibility is to manage finances and portfolios as advisors. They would be responsible for managing budgets, also bringing the attention of the organisation to potential investment or expansion opportunities. Thus they become an invaluable asset to the business they are associated with.

Although a financial analysts job is all about number crunching, they do a lot more. They get the information to the management about trends that might not have been spotted yet. Hence they become a vital part of the ecosystem.

A day in the life of a financial analyst would be very different from a sell side perspective, then the buy side. The basic difference is, on the buy side, they create interesting investment strategies for companies that are looking to invest, mainly insurance companies. And on the sell side, it is an advisory role for financial agents who sell investments.

Portfolio Managers, Fund Managers, Rating Analyst, Risk Analyst are different profiles or roles of a financial analyst.

Some Key Responsibilities of a Financial Analyst would be –

  • Researching the past and current trends
  • Evaluating financial statements to draw the value of the organisation
  • Advising companies on investment or portfolios
  • Understanding and explaining business trends, which might have an impact on the company’s investment
  • Managing budgets to analyse the company’s standing
  • Making smart annual financial plans, quarterly budgets, and forecasts
  • Reconcile transactions by comparing and correcting data
  • Building financial models for performing valuation analysis

To become an effective financial analyst, one needs specific skill sets, not only mathematical skills but fluency in Problem Solving, Persuasion, Decision Making and Negotiation, an added advantage is the efficacy in System Analysis, the knowledge of how the system works and how can it be changed to get better results.

To get an in-depth understanding of what a financial analyst does, the team at Imarticus is conducting a live webinar on ‘A day in the life of a financial analyst’. The speakers on this topic, come with great years of relevant experience, Azmeen Peerbhai, from the valuation and business modelling team at EY in India and, Jasjeet Kaur, the executive director at Imarticus with cross functional experience in financial services.

Together they will give a pragmatic understanding of the key responsibilities of a financial analyst. Their role in the ecosystem, the way they manage daily activities, conduct meetings, and most importantly how do they contribute, learn and enjoy their jobs.

The webinar is on the 7th of July 2017, Register Now to gain insight that will help you to shape up your career in time!

  • July, 4th, 2017
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Tips for Cracking Financial Analyst Interview

There is a certain glamour attached to the job of a Financial Analyst, it is a vital part of strategizing within any organisation. They are the ones who guard the secrets of the given organisation, and with all the data and analysis, they are able to guide establishments in making the right decisions.

Any profile of a financial analyst will have to be relevant in three areas, Education, Experience and Professional Credentials. Education could be either from finance or any other field with related certifications like CFA. Experience depends on what the organisation is looking for I.e., a junior or senior analyst. And lastly, Professional Credentials will be the knowledge you have in the given field or role.

Here are the tips for cracking Financial Analyst Interview

Understand the position

Before one gets into what to expect, you, as a candidate need to be clear about the position you are applying for, financial analyst could mean different things in different organisations hence you need to read the job description of the organisation you are applying into, and understand the role responsibilities in detail before you face the interview.

Prepare for the Interview

Every organisation which is hiring, after the initial screening will like to understand if an applicant has the right skills to excel in the given role.

To assess the same, an interview will most often revolve around three stages,

(I) Experiential Situation (II) Specific Role Based Questions & (III) Behavioural Questions.

An interviewer could start the interview in any format, from behavioural to technical or vice versa. Your handy tool will be to prepare and anticipate the questions.

A detailed research on the interviewer and the organisation that they represent will be one factor that might or will differentiate you from the pack.

There are specific answers and feelers that the HR and the process owners need to get from an applicant while considering to fill the position.

Behind every stage of an interview, the questions are asked to get an insight of a candidate’s ability and overall talent that they promise to bring to the role.

Read on to understand….

Experiential Skills

  • An interviewer is trying to gauge your reaction in a given situation. Today, an expectation from a financial analyst is to be good at marketing, along with other technical skills, yes! That is right, building a great strategy is wonderful, however, if you are unable to communicate the benefits to the non–technical audience, the battle is only half won.
  • Not only communication skills but, persuasion and passion for your job are what is being examined here. Efficiency in thought, ability to come up with valid approaches is what the interviewer is looking for. Remember, there are no right or wrong answers here, it is how you are able to convey what you are saying is right, that matters.
  • The more you marry your answers to, financial, logic and technical skills, the more your theory will have an impact.

Specific Role Based Questions

  • This is the part of the interview where you need to throw some serious financial jargons and explain the relevant financial methods, into explaining how and why certain reports need to be generated.
  • Brush up your financial skills, review all the application areas, and try to make a case study of whatever information you can gather about the organisation, through research. There is nothing more impressive than you are linking the company’s situation as an example in answering questions
  • Certain interviews would also give case studies, hence ensure that you know the technology you apply to your financial analysis. Practice concepts of actual financial statements.
  • You need to be clear on the headers you should look at while explaining a report. Clarity in financial fundamentals and ratios should be maintained while answering questions.
  • Also linking your answers with similar projects you have done in the past or read up about would be great.
  • Lastly, an interviewer is also looking at the excel and technical proficiency in generating appropriate reports. After all, a major portion of your time will be spent doing repeated procedures.
  • The question here is generally based on understanding if your practical knowledge matches what is mentioned in the CV. maintain congruence in what you say.

Behavioural Questions

  • Questions in this category are basically to understand your personality. Speak about your career goals and personally how do you see yourself grow in the role while working for this particular company.
  • Focus on your positivity, on how you handle failures or missed deadlines, flexibility in working as an individual contributor or with a team, commitment to putting in long hours etc…,
  • Speak about your success, from failures in particular, which shows patience, maturity and resilience.

Look Sharp, Confident, and let your skills speak for themselves!

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  • June, 23rd, 2017
  • Posted in

Why Is Chartered Financial Analyst a Good Career Option?

CFA Career Option

In recent times, Chartered Finance Analyst (CFA) is a designation which is quite revered and regarded by most as a key certification for professionals in the areas of portfolio management and research.

The chartered finance analyst program is a certification from the CFA Institute. It is a globally regarded certification. It is essentially a self-study methodology, graduate level program for professionals who want to pursue a career in investment. A person coming out of any discipline or academics can pursue the CFA program. Applications to the program are usually from students and undergraduates to an early professional who intent to get a boost to their career. Although it is important to note that just getting a certification will not guarantee the same.

Passing all the three exams of CFA in itself is a very daunting job when compared to the efforts and commitment of the time required as against other management programs like the MBA. In fact, there are many MBA pass outs and CA’s who join CFA to get into core investment banking jobs. CFA gives a great technical grounding and offers broad-based scopes suitable for investment banking, research analyst, equity research and portfolio management.

The CFA course focuses on ethics, portfolio management, accounting, corporate finance, fixed income and equity investments, so basically if one does not have a very specific choice but needs to build their career in the field of finance then they should opt for the CFA certification as it is broad-based, opening many career opportunities.

Passing a CFA exam shows that the person pursuing the same has the ability to show commitment, tenacity, comes across as a professional with resilience, and rigour. In addition to the learnings from the course, the charter holders are also considered internationally mobile as well due to their association with the global professional network.

Some of the most common jobs taken by the CFA professionals

Portfolio Management:

Since CFA focuses on essentially training you on portfolio management skills, this job becomes a no brainer for most pass outs. Under this profile, you are responsible for making financial/investment based decisions for people who have given the control of their money to you or to your company.

Research Analyst:

Here the profile is responsible for analysing the financial transactions and records of the firm for its clients. Here you need to prepare your observations and reports and primarily have an insight of what the client would want to know about the financial health of the organisation in such a way that nothing essential is overlooked before making any strategic decisions. There are many other nomenclatures for this role within the organisation, such as investment analyst, rating analyst, financial analyst, equity analyst, to name a few.


Here the person needs to provide suggestions that will benefit the firm with professional advice. The CFA course covers corporate finance which will assist the professional to make alternative decisions and suggestions to the third party or the client satisfying their requirements.


Here you are required to keep a track of all financial footprints and documents of the business or company that you are associated with.

Investment Banking Analyst:

Here a person needs to check all possible pit stops, analyse, evaluate, all possibilities before any investment is made. The person usually is responsible for directing and making the firm aware of mergers and acquisitions. The task can be efficiently performed by any CFA pass out as the course has a section on corporate investment, equity investment, economics and more which prepares them to handle such requirements.

These are just a few opportunities out of the many that you can take advantage of if you wish to pursue the CFA certification.

So to conclude, it is quite obvious that in recent times many organisations and individuals alike are getting highly interested in CFA. The fact that a CFA certification will benefit the organisation and the individual in revenue growth and career growth, it is perhaps why most organisations are also considering sending employees usually from the start up a level for this certification as the long-term advantages cannot be ignored.

It is then true to say that the CFA designation does distinguish the charterholders from other counterparts in the eye of professionals and investors. As a successful CFA charterholder has already proved the test of time and their ability and intention of commitment to conducting their professional life according to high professional standards.



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Demand for Financial Analyst in 2017

A Career Guide to the field of Finance

What is a Financial Analyst and How do you Become One?

  • May, 27th, 2017
  • Posted in

Demand for Financial Analyst in 2017

Financial Analyst, this position is popularly becoming the most sought after job in the market these days. This holds true with a survey conducted by the U.S Bureau of Labour in the year 2014, wherein the statistics predicted that there would be a 12% growth in the number of financial analyst jobs, in the decade spanning the years 2014-2024. That is way faster when compared to the average growth rates of the other, regular jobs.

One of the major reasons would probably be that as the time passes, business decisions grow complex in terms of logistics and finances. Which is why these days we see most of the firms looking for experts who will be able to forecast everything about the company’s finances: where the money is coming in from in the present day and predict where it would come from in the future. The next step by these experts is to assist managers in taking all investment related decisions. These experts or financial analyst as we know them, are individuals possessing top-notch decision-making skills and are excellent at contributing to specific business related strategies on the overall level.

As these professionals provide solutions that are entirely data based, they are able to predict and interpret reports and forecast and transform them into easy to understand language. This is one of the reasons why almost every company and firm out there requires a financial analyst to manage their finance book and keep a stringent lookout on the bottom line. Financial Analysts are supposed to improve the efficiency of the company, save its time and money and basically do everything in their power to advance the growth and development of the same. As mentioned earlier, the need for these professionals is technically widespread, for instance, a technology related company would need an analyst, in the similar vein that an insurance company would.

The global economy has been experiencing uncertainty in the recent times. Thus, it is obvious when companies would be seeking out professionals who are more attuned to unconventional means to being in growth and development. HR Managers have been on the lookout for individuals with a specialty to identify opportunities for increasing businesses and turn financial data into solid business recommendations. One of the other reasons for the increasing popularity of freshers in the employment sphere could be chalked up to the fact that baby boomers have finally decided to quit. Baby boomers is a more colloquial term for those professionals who are extremely experienced and have been in the industry for quite a while. With more and more positions becoming vacant, either because of people getting retired or because of them getting promoted, it is a sure shot possibility of increasing demand of companies for seeking out new financial analyst candidates.

As this profession does exhibit quite a lot of demand, it is not mere coincidence that more and more finance aspirants have begun to think of a career in this field. This is also why candidates approach Imarticus Learning for their various certification courses in the field of Finance.

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  • March, 2nd, 2017
  • Posted in