How can I become a financial analyst?
If you want to become a financial analyst, you will need at least a bachelor's degree in the related area. Some positions of financial analysts, especially jobs for financial analysts, require a master's degree. In addition to the university and postgraduate title, most of the positions of financial analysts require you to obtain certain licenses. The demand for this type of position is expected to grow faster than the overall growth of jobs. The position of financial analysts well pays and the competition will be stiff if you want to become a financial analyst.
Some financial analysts work in banks, some work in insurance companies, others work on mutual funds and others work as personal financial advisors. Financial analysts on the purchase side buy, rather than sell, assets and securities. Financial analysts on the side of the sale are carried out and sell research to analysts on the purchase side so that analysts on the purchase side can make informed decisions aboutwhich assets and securities need to be purchased.
If you want to become a financial analyst, you will need a least bachelor's degree in economics, finance, accounting, business or statistics. These titles will usually be enough to get your foot in the door to talk to the position of junior financial analytics. If you want to be considered a position of higher financial analytics, you will have to hold a master's degree, preferably a master's degree in Business Administration, or an equivalent combination of educational and industrial experience.
In addition to grade requirements, most positions require you to hold certain licenses, depending on the scope of work obligations. If you want to test most of the licenses in the United States, you must be sponsored by an employer who is a member of the regulatory body of the Finance Industry (Finra), the largest independent regulatory organWell for US securities, so employers usually do not require you to keep a license before they hire you to become a financial analyst. Obtaining a registered license allows you to sell most types of securities products and is a prerequisite for obtaining the next most frequently required type of license that allows you to receive securities order.
Although it is not necessary, more and more financial analysts who want to proceed in their career, they receive certification from an organization such as a certified financial analyst (CFA). In addition to holding a bachelor's degree, completing hundreds of hours of self -study and passing three strict tests, CFA candidates must also have four years of work experience to obtain the CFA. Separately and tests can be completed when logging the required years of experience at work.