Start Your Career in Finacial Analyst

Are you a financial expert by profession? Are you a graduate looking to start a career in finance? Have you ever heard of Financial Analyst? Here I will tell you more about financial analyst and how to become a successful financial analyst.

Answer these questions:

1. Analyst analyses financial data?
2. Generate financial reports?
3. Prepare the financial plan for the business?

If you think "no" is the answer to any of the above questions then you definitely need to know more about what a financial analyst does. Here is a snapshot of Financial analyst job profile -

1. sell-side function
2. buy-side function.
3. Investment dealings
4. merger or acquisition.

And what not any financial deal of a company requires a financial expert and here it can be a financial analyst.

Employment opportunities:

1. NBFCs
2. broking houses
3. mutual and pension funds – corporates
4. investment banking firms
5. and all other MNC which are hungry to acquire other firms
6. other big firms

Scope of Work

Majority of financial analysts deal with investments. They advise their employer or their clients as to where to deploy funds for maximum returns. The investment could be in stocks or in other instruments such as commodity markets, currency, or even real-estate. This is also called the buy-side function. On the other hand, an analyst in a sell-side function would evaluate stocks and securities and prepare research reports with a recommendation to buy, sell, or hold particular stocks or securities.

One of the positions that are considered very prestigious for a financial analyst is to work in an investment bank. Here, an analyst helps the bank in pricing its investment products. Analysts also work in merger and acquisition projects and play a major role by studying corporates’ fundamentals to determine the feasibility of the said merger or acquisition. For this, they may prepare financial models and also use forecasting tools. They also study venture capital opportunities for their bank’s clients and advice on the prospects of the business that is seeking venture capital. An analyst also prepares financial models to estimate future economic trends and financial parameters of business entities. They are also required to keep track of prevailing laws and regulatory framework for different types of industries.

If you are interested and want to become a financial analyst go through the following link and know how to become a financial analyst - https://www.edupristine.com/blog/what-financial-analyst-does

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