A financial analyst as described in Todd Katz quest integrity main job is to help you make financial decisions and helps you make a decision in the stock market that is buying and selling of shares. Financial analyst job description includes is to check the investment portfolio, annual reports of a company and come up with a way by which you can invest and make a profit. Fund manager, portfolio manager, risk analyst and rating analysts are the different forms that a financial analysis may come as.
The main financial analysis job is to gather information from the big companies and the managers and individuals involved this is the most important thing that he can do that not just any other individual can with a financial background.
So in order to become a financial analyst the first thing you must have is a financial degree like an accounting or an economics degree the next thing is you must be well informed of the financial world that is you must know your stocks bonds and portfolio as well as possible other companies in order to employ you require a master’s in business administration most of the financial analyst at Todd Katz quest integrity have that level of education .
You should be able to have certain skills in order to be a good financial analyst one of the skills include the good analysis skill you must be able to collect as much as possible information in order to analyze it critically so that you can come up with a conclusion that helps to make profit.
A good financial analyst must have the skill of communication this enables him or her to communicate with the client and understand the needs also the communication skills may help his or her be able to express his ideas to the client clearly.
The other very crucial thing is paying attention to small details the small details may cause your client to lose a whole sum of money or even make a whole sum of money this means that a small detail may lead to you failing or succeeding hence great attention is required in the financial analysis sector.
You must also be able to crack down mathematical problems that come along with the analysis without the skill of good mathematics you might end up making the wrong calculation that may lead to the failure of an investment hence the degrading of your financial career.
Financial analyst require good technical and literal skills in order use and analyze your information using any computer and software that is handed to you without this ability you cannot be able to analyze your information correctly or even analyze your information at all.
There are different paths to follow in order to become a financial analyst the main one being the need to have a degree or masters then you can be a financial analyst after that you can be a portfolio manager and if you work hard enough you may end up being a fund manager as advised by Todd Katz quest integrity .