Making financial decisions may be hard but you can do that by having a financial analyst the financial analyst helps you make investment choices and helps you make the right stock market decision like buying and selling of shares as described in Todd Katz quest integrity. What a good financial analyst does 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 good amount of money at the end of the investment. The Financial analysis may come in different forms including fund manager, portfolio manager, risk analyst and rating analyst.
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 .
A good financial analyst must have good analytical skills in order to collect as much information as possible from different sources and be able to analyze the information carefully and come up with a solution or a way that can make your employer money.
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.
Small details may cause you to fail or succeed this means that you will have to be very careful with the little details that you get by doing this you can end up making great decisions that make you and your client good money.
Having mathematical skills is very important without it you may end up making bad blunders and cause financial distress this may hart your career badly.
To be a financial analyst you must be able to be technical and literate enough that is you must be able to 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.
You can advance your career by being a portfolio manager or even being a fund manager.