Certified Financial Analyst

According to a business and industry report, the position of a Financial Analyst is considered to be #15 job by many in the world of business. While it is true that these professionals have to spend comparatively longer hours in the workspace, but at the same time they happen to be extremely rewarded in terms of their salary and paycheque. With more and more companies looking to be financially sound, the number of job offerings is growing rapidly in this field. According to a survey done by Bureau of Labour Statistics, it is believed that there is about to be a massive 11% growth in the job position of Financial Analyst by the year 2026. While one thing is very sure that these professionals earn quite a lot in their career path, the only difference is about the experience of these professionals. On average, a junior analyst, who is supposed to be at the entry-level position, earns around 327,070 INR on an annual basis. This salary can be affected both positively as well as negatively on the basis of the base salary, the commission, bonus, profit sharing and other perks. This may either increase the salary or decrease the salary or even have absolutely no effect on the same. With increasing experiences, these professionals also get a major increase in their salaries. In keeping with that, a senior analyst will be earning anything around 200k to 900k INR on an annual basis. Just like the factors affecting the salary of the junior analysts, these senior financial analysts also have similar factors influencing their salaries and increasing the same. As the salaries of these professionals are quite on the positive side, many aspirants are looking to get trained in the same from various training institutes like Imarticus Learning.

A Financial Analyst performs the very vital job of evaluating market trends, setting-up long-term goals, financial policies, and deciding upon when and what investors should be made for investors or company's profit. The sail of a company's fortune rests majorly on the reports, suggestions a financial analyst provides on the rough seas that present markets ride. A company can hire analysts for numerical data so that they can suggest better marketing techniques. Businesses which utilize a franchise model employ financial analysts to track and tackle franchises within a particular region. It is the job of the analyst to understand what the strengths and weaknesses are and through it, make forecasts from a monetary perspective. If you're someone looking to become a financial analyst, here are some of the necessary skills and education you need:
Education and Skills To Become Financial Analyst
Financial analysts need to have a structured qualification and there aren't any minimums for the career-wise education. A Bachelors degree in statistics, economics, or finance is a compulsory requirement, and other majors that are favorable include math and accounting. Engineers too are preferred given their analytical way of thinking, which is a necessity in the world of financial analysis. If you're smart enough to get a degree from a good Undergraduate college, you will have opportunities for great jobs right off college. Getting an MBA degree is also an added advantage and these graduates are generally hired to work as senior analysts right after they're done with college. A good career as a financial analyst requires you to have robust quantitative skills, logical skill in different situations, good problem-solving ability and communication skills that are above average. There is a lot of number crunching that needs to be done if you're a financial analyst, as analysts have to report to their superiors and help them understand the data in a concise manner.