What is a financial analyst?

What is a financial analyst?

  1. Analyzing finance
  2. It is more correct to say "who is a financial analyst", because, first of all, he is a person, first. Secondly, a financial analyst is a profession.
    The financial analyst is a professional expert in economics, an expert in a particular market sector. His duties include the study of issuing companies (issuers of shares) and preparation of recommendations for the purchase, sale or retention of securities.

    Specificity of the profession:
    The work of the financial analyst is not permanent seminars at the expense of the company, reading newspapers and writing reports with forecasts. It is better to imagine the state of affairs in advance. Most likely, for the first few years you will have to sit with the Excel database, do vaults, consolidate data for different periods, check calculations, your own and others', etc. It is possible that you will often have to travel on business trips and perform all sorts of boring, but the necessary routine tasks.
    This analysis and forecasting starts at the next stage. Practice shows that a fairly large percentage of young professionals move to another job after the first two years.

    Place of work:
    The positions of financial analysts are in all banks and large companies in the manufacturing sector.

    Personal qualities:
    accuracy
    scrupulousness
    ability to work with large data sets
    leadership skills

    Career and salary:
    "Starting price" of a specialist without experience, but with a diploma from a prestigious university and additional knowledge in the field of accounting (the system of IFRS, accounting programs) - 20-25 thousand rubles.
    With work experience from one to three years - 35-45 thousand rubles. With work experience over three years plus additional education - 60-70 thousand rubles. Financial analysts of the extra-class receive from 100 thousand rubles. and higher.

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