Imarticus Learning
India’s leading professional education institute, offering certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management
How Is the Life of a Financial Analyst?The industry of financial services offers a number of exciting career opportunities for candidates. Among these, there are some opportunities which tend to bend towards more rigorous use of your mental ability. One such career option is the position of a financial analyst. Many of us who are interested in this career option already are aware of the various types of educational qualifications and skill set required to enter this field, as well as the scope of it. But not a lot of us are really aware about the life of a professional financial analyst, or what they do all day long.
The work day of any financial analyst depends greatly upon the kind of experience that they have in the field. For instance, those professionals who just have just started off in this field and have junior level positions usually deal with a lot of data collection, financial modelling and spreadsheet maintenance. While on the other hand, the senior level executives usually are involved in preparing investment theses and then coordinating with the management team of the company as well as other investors and their market ideas. Financial analysts are divided into two kinds, one who work on the buy side and the other who work on the sell side. The first few years of a Financial Analyst’s life are usually spent gathering all sorts of relevant data, making comparisons between spreadsheets and then updating them, helping in piecing together financial models and going through the news and magazines of varied relevance to the field. The ultimate aim of all of these objectives is development of a solid understanding, which outlines all of the fundamentals of any business sector or industry. This will prove extremely helpful for their career ahead in the future and help them in formulating the various types of schemes and helping in making investment decisions. There are a majority of financial analysts who, when in their junior stage opt for certifications like the Chartered Financial Analyst or CFA. There is a three tiered exam which these professionals have to actually give in order to receive the professional license through this credential. Senior analysts are called so because they have developed a proper understanding of the business as well as have generated many contacts over the years, working for their respective companies. The professional life of such individuals involves using the data to formulate investment decisions. When they aren’t trying to put together the most suitable investment options for any firm, they are looking out for developing relationships with industry and company contacts as well as marketing the team’s work. There are many senior analysts who flourish in mentorship roles and take up the responsibility of passing ahead the wisdom of their field. Many of these professionals progress over the professional ladder through attending meetings, talking to traders and sales people, dealing with marketing team and so on. On the other hand there are also professionals who jumpstart their career through professional training courses like the ones offered by institutes like Imarticus Learning.
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About ImarticusImarticus Learning is a education institute based in Mumbai. We offer certified industry-endorsed training in Financial Services, Investment Banking, Business Analysis, IT, Business Analytics & Wealth Management. Archives
December 2018
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