Becoming a certified financial analyst

The work of a financial analyst is to facilitate decision-making regarding investments by businesses as well as individuals. To meet the financial goals of an organization they come up with different investment strategies. There are many other names of a financial analyst such as equity analyst, securities analyst, investment analyst and research analyst. Apart from performing financial analysis the job of an analyst is to write reports, analyze technical evaluation of the market environment and technical chart analysis. Most financial analysts are MBA due to the fact that it widens the opportunity for the job of senior analyst. There are different financial analyst courses in which math, business, computer, engineering and science are some of the majors.

financial analyst courses

As a career option financial analysis is an excellent decision especially for those who have an inclination towards finance and accounts. As the field has an attractive growth profile, it is a popular career choice in which one can use logical and professional skills, deep understanding of finance and reasoning to reach onto some conclusion. However, before becoming a certified financial analyst one should gain strong communication skill so that he/she can give presentation and convince the decision makers through these skills. Certification from a top notch institute may cost higher but on the other hand one can get a diploma in financial analysis that is less expensive than the former.

certified financial analyst

As financial analyst always specializes in specific industry, region or product for instance telecommunication field. For an entry level analyst many organizations provide in-house training programs. It is a really competitive level because employer demands minimum two years of experience. If one is dealing with securities firm then he/she may have to obtain licenses that are regulated by Financial Industry Regulatory Authority. Optional certification as a CFA (Chartered Financial Analyst) can also be obtained as a professional. There are a number of institutes that offer certification courses in finance in India. However, there is only one institute that has an authorized permission to give CFA degree in India that is Indian Association of Investment Professionals.

There are ample opportunities for job seekers in banks, pension, insurance companies, mutual funds, securities firms, etc. A financial analyst assists customers and can even have their own office where they can independently give advice to people regarding their investment process. Moreover, they can also evaluate taxes or do audit and prepare financial statements. Another segment where a financial analyst excels is cost accountancy. Overall, one can help advance the career by becoming responsible, keeping oneself up-to-date on money markets, tax laws and economy. Apart from this one can also choose other careers too such as a consultant, investment banker, portfolio or fund manager, investment advisor, etc.