Adrienne SmithWhat Does a Financial Analyst Do?
Financial analysts study the microeconomic and macroeconomic conditions of a company, industry, and financial markets. In addition, they use different mathematical models to forecast the financial performance of companies and determine where clients should invest their money using various financial instruments such as bonds and stocks.
Financial Analyst Job Overview
In the financial analyst role, you will be in charge of creating investment strategies and presenting them to your immediate supervisor. A key element of this role is to continuously follow and study the latest industry trends applicable to your analyses. Success in this role will be demonstrated by the successful implementation of your suggested strategies to increase profitability.
Financial Analyst Job Responsibilities and Duties
- Studies and analyzes financial data
- Analyzes economic trends
- Analyzes companies and industries
- Prepares and presents financial reports
- Provides investment recommendations
- Forecasts financial performance
- Follows and studies the latest industry trends
Financial Analyst Job Requirements
- Minimum 2 years of experience in a similar role
- Bachelor’s degree in Finance or related field
- CFA charterholders are preferred
- Proficient in MS Office
- Strong communication and interpersonal skills
- Excellent analytical and problem-solving skills
- Great multitasking and time-management skills
- Great attention to detail
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