What are other names for Investment bankers?
Financial analysts, also called securities analysts and investment analysts, work for banks, insurance companies, mutual and pension funds, securities firms, and other businesses, helping these companies or their clients make investment decisions.
What education and background do you need to have?
A college education is required for financial analysts and is strongly preferred for personal financial advisors. So you have that part completed.
Most companies require financial analysts to have at least a bachelor’s degree in business administration, accounting, statistics, or finance. Coursework in statistics, economics, and business is required, and knowledge of accounting policies and procedures, corporate budgeting, and financial analysis methods is recommended. A master’s degree in business administration is desirable. Advanced courses in options pricing or bond valuation and knowledge of risk management also are suggested.
However, many financial planners enter the field after working in a related occupation, such as accountant; auditor; insurance sales agent; lawyer, or securities, commodities, and financial services sales agent.
For information on a career as a financial analyst, contact either of the following organizations:
American Academy of Financial Management, 2 Canal St., Suite 2317, New Orleans, LA 70130. Internet: http://www.financialanalyst.org
CFA Institute, P.O. Box 3668, 560 Ray C. Hunt Dr., Charlottesville, VA 22903. Internet: http://www.cfainstitute.org
2007-02-26 11:27:23
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answer #1
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answered by edith clarke 7
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