Financial Analyst Write For Us
Financial analysts provide companies or individual investors with sound guidance on making important corporate investment decisions by analyzing economic trends and current market conditions. They research to inform their clients’ strategies. To become a financial analyst, you need to be able to handle data and analyze everything using math.
Financial analysts can work for companies such as banks, investment firms, or within companies. They usually have an academic background in finance, economics, accounting, or statistics. It can be an exciting and well-paying career if your skills match your desire to pursue the field.
What does a Financial Analyst do?
Financial analysts work with data to help companies make business decisions. Details may vary, but a financial analyst is typically expected to perform the following tasks:
- Build financial models to predict trends and business scenarios and other data analysis to make business decisions.
- Examine economic and business trends, including stock and bond performance, to provide context for business decisions.
- Support budgeting efforts in organizations.
- Prepare written reports on financial statements and recommendations.
- Salary and job prospects for financial analysts
According to the US Bureau of Labor Statistics (BLS), the median salary for a financial analyst is $95,570 per year. This amount may vary based on location, education, and experience.
Financial analysts are expected to be in high demand in the coming years. The BLS estimates the position will grow 9 percent from 2021 to 2031.
Types of Financial Analysts
Financial analysts are sometimes divided into two categories: buy-side analysts and sell-side analysts.
Buy-side analysts develop investment strategies for companies that buy stocks and other money management assets. These companies, commonly referred to as institutional investors, include mutual funds, hedge funds, insurance companies, independent asset managers, and non-profit organizations.
Sell-side analysts support and advise financial services firms selling stocks, bonds, and other assets.
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