Financial Analyst | Career Wiki
Financial Analyst
Overview
Financial Analysts guide businesses and individuals in making investment decisions. They assess the performance of stocks, bonds, and other types of investments.
Core Responsibilities
- Analyze financial data and trends
- Create financial models and forecasts
- Prepare reports and presentations
- Evaluate investment opportunities
- Monitor economic and market conditions
Required Skills
Technical Skills
- Excel
- Financial Modeling
- Data Analysis
- Accounting Principles
- Financial Software
Soft Skills
- Analytical Thinking
- Attention to Detail
- Communication
- Decision Making
- Ethics
Career Path
Entry Level
Junior Analyst: Data gathering, basic modeling, and reporting.
Mid Level
Financial Analyst: Complex modeling, sector coverage, and recommendations.
Senior Level
Senior Analyst: Lead analysis, strategic advising, and mentoring.
Leadership
Finance Manager or CFO: Financial strategy and organizational leadership.
Salary Range
| Level | United States | Europe | Asia |
|---|---|---|---|
| Entry | $65k - $90k | €40k - €60k | $30k - $50k |
| Mid | $90k - $125k | €60k - €85k | $50k - $80k |
| Senior | $125k - $160k | €85k - €110k | $80k - $110k |
| Leadership | $160k+ | €110k+ | $110k+ |
Education & Qualifications
- Bachelor's in Finance, Economics, or Accounting
- CFA Certification
Industry Outlook
Steady growth, with increasing reliance on big data and technology.
Getting Started
- Research the field and understand role requirements
- Develop relevant skills through education or self-study
- Build a portfolio or gain practical experience
- Network with professionals in the field
- Apply for entry-level positions or internships
- Continue learning and advancing your skills