FINANCIAL ANALYST

Financial analysis opens up job avenues for you from banks to consultancies .

WHAT YOU DO

Financial analysts help investors decide where to put in their wealth . Analysts interpret information from certain investment tools they follow and apply their analytical expertise to assess their prospects and investment potential .

YOUR TIME TABLE

9-9.30 am: Analyse the Impact of international markets’ performance (last night ) on the local market
10 am: Interact with financial analysts
4 pm: Analyse portfolio performance

YOUR PAY CHEQUE

Pay levels go from low to very high. The salary for fresh CFAs is about Rs 4 lakh a year. A fund manager’s take home can be a crore-plus annually. Analysts may become head of research or become fund managers or go into general management, but the latter is not always popular among analysts. There are not many general management path options for research analysts, and many high-profile analysts prefer to continue to focus on their expertise areas rather than switch to people management .

YOUR SKILLS

 Background in accountancy and working knowledge of maths
 Good analytical skills
 Interest in financial investment

TRAINING

 You need a Bachelor’s degree or equivalent or four years’ relevant professional experience to enroll for the US-based CFA institute’s exams. ICFAI university, on the other hand, ask for only a UG degree for its two-years programme. It also offers a one-year accelerated track for CAs, CWAs, CSs and certain MBAs (finance)

STUDY

 CFA Institute (USA) www.cfainstitute.org
 ICFAI University www.iutripura.edu.in, www.icfia.org

WHAT’S GOOD & BAD

 Financially rewarding
 Intellectually interesting
 High pressure job, tight deadlines
 Competitive work
 Long word hours and extensive (PC) screen exposure

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