Financial Analyst Jobs

Financial analyst jobs provide guidance and analysis to individuals and businesses making investment decisions through gathering finance information, analyzing it, and making suggestions based on the data. Assessing the performance of companies for other firms and institutions to make investments through reading company financial statements and analyzing commodity prices, expenses, sales costs, and tax rates to formulate the value of a company and project future finances are common tasks associate with a financial analyst job.

The minimum educational requirement for financial analyst jobs is a bachelor's degree from a college or university. Employers tend to hire professionals with a degree in accounting, statistics, economics, business administration, or finance. Coursework that will prepare for a financial analyst job are statistics, economics, and businesses. Individuals should be strong in mathematics, analytical skills, and must be detail oriented, especially for personal finance occupations.

According to the Bureau of Labor Statistics, in 2006 there were 397,000 financial advisor jobs; 221,000 were financial analysts working at larger financial institutions many of which are located in New York City. Financial analyst employment is expected to grow at a rate faster than the national average for all occupations at 37 percent for the 2006 to 2016 decade. This growth within the industry will be due to the increasing complexity of the investments. Competition for these positions will be intense especially in larger metropolitan areas, but job seekers with strong academic backgrounds, previous finance experience, and an outstanding resumes will garner the best opportunities for employment.

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