![]() Types of financial analystsįinancial analysts are sometimes classified into two categories: buy-side analysts and sell-side analysts.īuy-side analysts create investment strategies for companies that purchase securities and other assets for money management. The BLS estimates that the position will grow 9 percent from 2021 to 2031. This amount can vary based on your location, education, and experience.įinancial analysts are expected to be in demand in the years to come. Support budgeting efforts at organizationsĬompile written reports on financial statuses and recommendationsĪccording to the US Bureau of Labor Statistics (BLS), the average salary for a financial analyst is $95,570 a year. Study economic and business trends, including stock and bond performance, to provide context around business decisions The specifics can vary, but typically a financial analyst is expected to perform the following tasks:īuild financial models to forecast trends and predict business scenarios and other data analysis to help make business decisions ![]() What does a financial analyst do?įinancial analysts work with data to help organizations make business decisions. They commonly have academic backgrounds in finance, economics, accounting, or statistics. It can be a fascinating and well-paid career if your skills align with a desire to pursue this field. To become a financial analyst, you must be comfortable working with data and using math to analyze it all.įinancial analysts can work for financial companies like banks or investment companies, or within businesses. They conduct research to inform strategy for their clients. Financial analysts provide informed guidance to companies or individual investors on important business investment decisions by analyzing economic trends and current market conditions.
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