Making financial decisions may be hard but you can do that by having a financial analyst the financial analyst helps you make investment choices and helps you make the right stock market decision like buying and selling of shares as described in Todd Katz quest integrity. What a good financial analyst does is to check the investment portfolio, annual reports of a company and come up with a way by which you can invest and make a good amount of money at the end of the investment. The financial analysts can come in different ways this includes fund manager, portfolio manager, risk analyst and rating analyst.
A financial analysis has ways and means to gather information that no other individual can a financial analysis can be able to gather information from big company managers and he can be able to analyze it unlike any other person he can be able to contact the big companies through his or her channels .
There are different things required in order to be a financial analyst this maybe you must have is a financial degree like an accounting or an economics degree then you must have a background in finance that is the portfolio and stock market, other companies prefer someone having a master in business administration.
The employer will require you to be able to be analytic that is, get as much information as possible from different sources and be able to analyze it and digest it in order to come up with a conclusion that can be able to benefit your client financially.
You must be able to have the communication skill by having this you can be able to express yourself to the customer and be able to understand what the customer wants and also be able to analyze the information that the customer gives you.
Having a great eye for details is very important on this side of the world since small details may cause your client to lose a whole sum of money or even make a whole sum of money this means that a small detail may lead to you failing or succeeding hence great attention is required in the financial analysis sector.
You must also be able to crack down mathematical problems that come along with the analysis without the skill of good mathematics you might end up making the wrong calculation that may lead to the failure of an investment hence the degrading of your financial career.
Financial analyst require good technical and literal skills in order use and analyze your information using any computer and software that is handed to you without this ability you cannot be able to analyze your information correctly or even analyze your information at all.
You can advance your career by being a portfolio manager or even being a fund manager.