What do they do on a day to day basis? What is the career path that this job leads? What future education is needed?
2006-10-03 14:32:53 · 3 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
1. Financial analysts fresh out of undergrad, working in an investment bank in NY could get roughly $40k - $50k a year. MBAs can get $80k-$120k.
2. The daily routine of a financial analyst is to generate financial models which range from operational performance to valuation of companies. Financial analysts are very good with spreadsheets and mathematical computations.
3. The career path of a financial analyst could lead to the CFO of a Fortune 500 company or a preseident of a financial institution.
4. Future education required can be a DBA in Finance, certifications such as CFA and CMA could be a bonus. Of course, a master's degree in finance is essential to move up the ranks fast.
2006-10-03 16:43:05 · answer #1 · answered by J 4 · 1⤊ 0⤋
Get an undergrad degree in finance, an MBA in marketing or maangement.
Look at corporate documents all day and try to figure out if the company is doing better or worse, includes looking at the market in general and running algorithms.
Big math all day!!
Some have a knack, they make lots of $$$, some just churn the numbers, and like a blind squirrel, they find a few nuts, too.
2006-10-03 14:34:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Visit salary.com (maybe it was salaries.com). theyll give you starting salaries for a specific area.
2006-10-03 14:35:03 · answer #3 · answered by TrofyWife 4 · 0⤊ 0⤋