In: Finance
How does the role of financial analyst align with your overall career goals?
Please be very detailed?
The important role of a financial analyst is find out the business opportunities and go through market research for making business and investment decisions which might help the profitabilitly and existance of a business concern. The financial analyst examine the datas of external and internal customers and making proper decisions and convey their views about investment, Business models, Capital structure and processes on the basis of research.Also make clarifications with shareholders. The main functions includes find out the incomes and expenditure of the firm which help to make budget. Preparation of the budgets that shows the future profits is the key function of a financial analyst.
Reporting and research about the financial informations and supervise the financial and investment movements also inclues the duties of a financial analyst.They also want some specialised skills like communication skills,financial reporting skills,Software knowledge,Analytical skills etc..these qualities bulid them as a piller in business world.
Financial analyst industry is a competitive one and its really good carrier that improves our life goals.,and also helps to attain our overall career goals. Financial analysts can work as a junior analyst and also a senior financial analyst.The first one should do the data collections ,complete the processes and maintain a financial model as well as the second one tend to do implement investment decisions ,involement in management decision making,help the managers to find correct way to invest,and provide marketing management.Also analysts examine the external and internal environment of the firm that affect the business decisions.
The field of analysts is wide, and varity of jobs are waiting for them.financial analysts also work for regional banks,insuarance companies ,investment banks and brokerages. Financial analysts can work as a junior and also a position of senior financial analyst