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Career as a Financial Analyst

Financial Analysis is one of the most sought after careers in the field of finance. A Financial Analyst suggests better ways of making an investment to the people. These professionals have a thorough knowledge about the market and have an expertise in analyzing and managing the financial issues of their clients. A career in the field of Financial Analysis can be an ideal choice if you have an inclination towards various facets of business and commerce.

Nature of Work:

The job of a Financial Analyst is somewhat similar to that of a Financial Planner; however, a greater degree of expertise is required for Financial Analysis. These professionals are entrusted with writing brokerage reports and preparing technical charts for analytical work and conducting evaluation. Primarily, they help their clients in making sound investment decisions.

Qualities that You Need to Have:

The field of Financial Analysis is an extremely competitive one and one needs to be fiercely competent to break into this field. A keen interest in figures and calculations is also very important for a pursuer of this career. Apart from these, one also needs to have a logical and analytical mind for making correct interpretations of the available data.

Eligibility:

An aspirant of a career as a Financial Analyst should have cleared 10+2 or equivalent examination with commerce subjects. One can apply for a course in Chartered Accountancy after this for becoming a Financial Analyst.

Institutes Offering: 

There are several institutes in India that are offering courses in the field of Financial Analysis. Some renowned institutes are listed here for reference purpose.

  • International Management Institute, New Delhi.
  • Xavier Institute of Management, Bhubaneshwar.
  • Narsee Monjee Institute of Management, Mumbai.
  • SP Jain Institute of Management and Research, Mumbai.
  • ICFAI Business School in Pune, Mumbai, Bangalore, Ahmedabad, and Chennai.
  • Birla Institute of Technology and Science, Pilani.
Remuneration: 

Salaries are very good in the field of financial analysis; however, they are not well structured and depend on the skills and experience of the candidate. A fresher can expect to earn anywhere between Rs. 15,000 to Rs. 30,000 per month. Pay packages grow with an increase in experience of the person concerned.

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