A financial analyst is a highly coveted and competitive position. It can be a difficult field to get into but if you are able to attain this position, it can become a challenging and rewarding career. With the right skills and tips, you can be on your way to become a successful financial analyst.
1. Get the proper training and background that firms require for analyst positions
Relevant coursework should include classes in Accounting, Economics and Math. Develop the analytical skills required to become a successful financial analyst.
2. Learn computer skills
Ensure that you are well-versed with spreadsheets, database programmes as well as word-processing programmes. As a financial analyst, you would need to make presentations to showcase figures therefore equip yourself with a good understanding of Microsoft PowerPoint.
3. Develop strong verbal and written communication skills
As a person in this field, you would often have to explain complex financial analysis to those in management positions in layman terms they can comprehend.
4. Weigh your options and consider getting a master's degree in Business Administration
An advanced degree in business is highly sought after by some firms for analyst positions.
5. Research various types of financial analyst positions and industries that interest you
This can include investment firms, banks as well as manufacturing industries. Each industry requires a different type of financial analysis.
As you sit through your decision making process, you can also consider getting an internship. Through this internship you can gain relevant and useful work experience in your job field. This can help you find out if you are a good fit for this position and industry as a whole. An internship can also allow you to network and meet people in the industry. On the flipside, a financial analyst job can be demanding with long hours and deadlines.
At STJobs, your ideal job isn't hard to find.