If you have ever thought about becoming financial analyst, then this article is for you. You'll learn everything you ever wanted to know about becoming financial analyst, where financial analysts works, how much they get paid, what kind of additional in-service training they need and much more.
It is very challenging and stressful.
Financial analysts gather information, assemble spreadsheets, write reports, and review all non-legal pertinent information about prospective deals. They examine the feasibility of a deal and prepare a plan of action based on financial analysis.
Financial analysts can work long hours, generally either working on updating research and financial models or networking. Junior financial analysts generally have less than three years of experience and spend much of their time putting together information and updating financial models. Senior analysts, those with three or more years of experience, tend to spend much of their time reviewing work, developing investment opinions, and networking with clients.
Financial analysts work in a variety of places. Most analyst jobs are in banking houses or for financial-advising firms
You can apply to the Social Sciences program, more precisely Business Management at Ahuntsic College. This college offers a 2-year training program in French. Upon completion of the program, you can apply for a degree in accounting, business administration, economics, finance, management or statistics.
Financial analysts make on average $60000 per year. Of course, the salaries vary across regions and is starting salary is lower at the beginning of a financial analyst's career.
General computer proficiency (typing skills, Internet literacy, ability to use Microsoft programs) is essential. Beyond that, the ability to navigate various finance-related software programs.
There are no dangers concerning the career of a financial analyst.
It is unlikely that financial analysts will be completely replaced by robots. However, robots have already taken over Wall Street, as hundreds of financial analysts are being replaced with software or robo-advisors.
Surprisingly, financial analysts usually retire at the age of 63.
As you can see, being a financial analyst is hard, challenging and stressful, and the salary is lower at the beginning. It also requires a college degree, and you need to be motivated to complete your daily routine.
Rationale: to inform or educate
Authority: research journal
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
Sources: cites sources
Rationale: to inform or educate
Authority: research journal
Date: still relevant
Accuracy: probably true
Relevance: relevant for this document
Sources: cites sources