Do you have to be good in math to be a financial analysts (college)?
2007-03-23 15:23:50 · 5 answers · asked by pantheress559 2 in Education & Reference ➔ Higher Education (University +)
The answer depends partly on how deeply you get into the subject.
At the minimum, you have to have good basic math skills, because financial analysis involves calculations on financial data.
In addition, most programs in financial analysis will require you to have some knowledge of statistics, at the college level.
But basic math and statistics can be mastered without your having to become a heavy duty mathematician.
Some areas of finance are much more mathematical. These include actuarial finance (where you need to know the mathematics of finance), portfolio theory, and the modeling of derivative securities (one of the most mathematical areas).
So, you can certainly study and work in finance without being in one of the more deeply mathematical parts of the subject. But if you want to learn and use advanced math, finance offers the opportunity.
2007-03-23 16:11:07 · answer #1 · answered by Edward W 4 · 0⤊ 1⤋
I would assume so.
I want to be one, and I am taking statistics and such. My counselor recommended it. You do not to be good at all types of math, just relevant statistical areas recommended for financial analysts. Hope this helps =)
2007-03-23 22:32:07 · answer #2 · answered by Wiseguy 3 · 0⤊ 0⤋
yes. financial analysis involves a lot of ratios, formulas, links, financial statements, sales figures, costs, performance indicators, etc. that's a lot of math/numbers.
2007-03-23 22:43:34 · answer #3 · answered by Moomoo 2 · 0⤊ 0⤋
Yeah...I guess so
2007-03-23 23:09:58 · answer #4 · answered by CG 2 · 0⤊ 0⤋
My guess is....
YES
.
.
.
.
2007-03-23 22:31:38 · answer #5 · answered by Anonymous 7 · 0⤊ 0⤋