Financial Analyst
Financial Analyst is a person who performs financial analysis to understand the financial health of a company.
In my previous articles, Hedge Fund Analyst and Private Equity Analyst, we covered the details about the profiles. Financial Analysis covers fundamental analysis, ratio analysis, financial modeling and valuation.
Broadly, financial analyst roles are required in following areas:
1. Buy side firms
2. Sell side firms
Job Description for Financial Analyst
Buy side firms are basically different funds, including mutual funds, where the financial analyst studies different companies, performs research and analysis and gives recommendations whether to invest in the company or not for the fund. This is in-house research.
Sell side firms are basically research houses or brokerage firms. They cover certain companies and write detailed equity research reports and sell this research to the clients. The main idea here is to sell research and generate brokerage from client’s transactions.
In Investment banks, the financial analyst’s role is different. Here, he covers mainly IPO (Initial Public Offering) process and M&A (Mergers and Acquisitions) deals. The analyst plays active role in all these deals.
Following is the skill set required for financial analyst jobs
1. Solid analytical skills
2. Curiosity and interest in analyzing, understanding companies in depth
3. Solid fundamental valuation skills acquired in business school, or as a consultant
4. Interest in understanding, analyzing a company’s business
5. Clear financial and quantitative concepts
6. Ability to build financial models
7. Sectoral expertise in Telecom, Media, Technology, Insurance, Banking, Food & Beverage.
8. Strong analytical and MS Excel skills (Macros, V-Lookups and Pivot Tables) with strong communication skills
Financial Analyst Salary
In London, an equity research analyst profile will give you salary in the range of GBP 20,000 – 50,000. In US, for the same profile, you can earn $ 35,000- 80,000.
Financial Analyst Interview Questions
There are many financial KPOs where fresher and entry level openings are available. However, check the skills they want for these roles. The selection process for the companies involve case based test, and two rounds of interviews. My experience says, if you are really good in fundamental and analytical skills, you can grab such roles.
So, brush up your financial knowledge and be ready to become a financial analyst.
What are your career plans? Write to me.
Want help in how to prepare for a financial analyst interview? Leave a comment below.
Want to become a financial analyst? Here are some courses that will help you to become a top-class financial analyst.
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Hi dear,
I am in retailbanking. I am more interested keen to work as financial analyst and make career in same. I do not have much knowledge and skills. I would like to upgrade my skill but confused on which course to go with . I am confused, kindly advise .
Hi Barkha,
To enhance your knowledge and skill, we conduct online and classroom programs.
Check our courses.
If you want to know more about our classroom programs in Delhi,kindly email your contact number, we’ll call you and give you the program details.
Hi,
Could you please let me know which are the co’s who Hire For Fresher Finance Analyst ?
I have comp ma MBA ( and hav 5 yrs of Exp in O2C and order Mgt )
Hi Syed,
I think you should start with financial KPOs. Here is the list of financial KPOs.
Also read this article on career in financial KPO.
Dear Sir,
I am umesh from pune i done my MBA (2011) from HCMR College pune ,and i am working in TVS Credit services ltd from 1 year as a SCO and i have totally 2 year experience 1year is a sales and running is a finance but i need to good job in finance sector specifically financial analyst but i dont have a deep knowlege about share market but i am interested in this field . so please help for the same,and please guide me.
Hi Umesh,
You need solid financial skills (not only knowledge) to get into core financial analysis.
Either join a company which is into financial analysis or a training program that will give you a good start to your finance career.
We run such program in Delhi. If you want to know more, please provide your contact number, my associate will call you and give the program details.
Very helpful article for someone who’d like to start a career as a financial analyst like me.
Glad to know Moez that the article helped you in some way
Hello Sir, my name is Hussein.
I am a part qualified accountant, have been graduated from Accounting & Finance with a 2.1 degree.
In regards to Accounting, I have a previous experience in the field for more than 2 years. I have completed my 9 fundamental papers of the ACCA.
As far as the Finance is concerned, I have been trading CFD’s, futures and other markets solely for two years, and currently studying towards my CFA level1.
Honestly, I feel I am confused and not sure what is the right way to be a financial analyst or be in the investment banking. Do I need to continue my CFA or do my IMC bare in mind I live in the UK.
Sincerely yours,
Hussein
Hi Hussein,
If you want to get into financial analysis and investment banking, then focus on CFA. Simultaneously start working in financial analysis firm. At least apply for their internship program.
Hope this helps.
Regards,
Avadhut
Hello Sir,
I am a recent MBA graduate from IIM Kozhikode, which is Tier-I college of India. I am interested in finance roles but couldn’t land up so. I am very much passionate to work in finance sector. Can you please guide me.?
Thanks and regards,
Divesh
Hi Divesh,
You need to learn practical skills required to make a career in finance. We run such program in Delhi which will help you achieve your goal.
If you want to know more details, please give us your contact number, our associate will get in touch with you.
Regards,
Avadhut
Hi Avadhut,
I am working with ICICI Bank as a credit manager for Retail Agri Loans. I have done B.E (Electronics & Communication) & Post Graduate Diploma in Banking ( 1 Year ). I joined from a PO program of ICICI Bank because I was not getting job in my field of engineering at that time. After doing PG diploma in Banking I started liking banking & finance both but now I am bit confused because I am not liking my job at all bcoz I think I am at a vertical where my learnings r zero & my pay is also not that decent (25k). It’s around 1.5 years working as credit manager and now I feel to move on & to create choices for myself so I am thinking to do MBA in finance therefore preparing for CAT & other top B school exams will attempt this year.
I want to grow my career in Credit, Risk management, Treasury, actually the thing is I don’t have much idea which field to go and which not to.
Kindly suggest m i on the right track by opting for doing MBA or i should carry on with this job & simultaneously search for job or anything which u would like to suggest me.
Hi Robin,
I wouldn’t recommend leaving your current job. You can study for CAT simultaneously and only if you get into top MBA colleges (Top 15 or so) you stand a chance to get a good job.
Looking at your experience and interest both, you can think of studying for FRM. Learn more about it on Google/their website.
Third option is checking whether you’re a right fit for financial analysis and investment banking jobs which give you immense job satisfaction and long-term career in this will give you good pay too.
Let me know if you want to know more about the third option mentioned above and I will connect you to the right person.
Regards,
Avadhut
Thanks for replying Avadhut
Well I am totally agree with you for first option and am also doing the same preparing side by side for CAT
For second option I just want to ask what is the future in India after doing FRM ; is it that much recognised Certification in industry which top employers seeks ?
Thirdly, Financial Analysis & Investment banking is what I used to aspire for and still do with my inclination much towards this field being J.P Morgan Chase my dream company. Well I would like you to suggest that field of FA & IB which leads me to a Investment bank a good one. I know initially core knowledge is needed and My this experience as a credit manager may help me to get one.
Hi Robin,
FRM is slowly getting recognition in India.
About FA & IB, if you’re interested to know more about the career and how our training program bridges the gap between what employers want and what candidates have, please provide your contact number, my associate will call you and give the program details.
hi, i am Geoffrey. At first i did my first degree in Marketing, but now I want to do an MBA in Finance so that i can make my in International Organisations.. What advice do you have for me
Hi Geoffrey,
If you really want to do MBA, try to get in top 10 colleges in your country. Focus on internship, it will be the foundation for your career.
Hi Avadhut,
I am working in BPO company i have 2 yr exp. as Data collection Executive in finance process.i am working in IDC (interactive data corporation ) process like updating dividends through comp. announcements also through newswires after researching different sources,updating in global system like exshare company corporate action.updating and maintaining IPO Calender also.my question is my work is same like financial analyst or data analyst.?because my designation is Data collection Executive. what will be demand to me in finance sector which skills i should be develop for my future career.? i am B.COM degree holder which professional courses should i go for becoming finance analyst.?
Please guide me.
Thanks.
Regards,
Deepak
Hi Deepak,
Your work will be counted as data analysis.
You should have skills mentioned in this article: http://www.financewalk.com/2011/financial-analyst-2/
You can join a short-term program which will train you on practical skills. We’re running a program in Delhi: http://www.financewalk.com/2013/financial-modeling-investment-banking-training-delhiindia/
Let me know if you need any more details.
Regards,
Avadhut
hi avaduth,
I need some suggestion from you.. I am a pharmacist and have a work experience of about 2 and a half years of experience
in drug manufacturing.., and also I hold a diploma in IPR(intellectual property rights) from a premiere insitute, but still I was
not getting any job in my field, so I wrote exams and now got into a Public Sector Bank as an Assistant Manager. but still I am
not satisfied with what I got and now wanted to use this experience to become a financial analyst, or investment banker as
they have a significant role in their respective firms.
now please suggest me
1. is my thought is in the right way, or these are too away from what I am doing?
2. if I am in the right direction, how to get started with?
3. please suggest me what will suite my profile better.
please advice.
regards.
Hi Shaun,
Either you need to have solid skills or experience to make a career in financial analysis. Ask yourself, why finance? What skills do I have?
If you don’t have skills/experience and still want to make a career(not a job)in this field, then be prepared to work hard and start from scratch.
Acquire skills and knowledge and get an entry level job in core financial analysis. Initially, you won’t earn much, but in long term, based on your performance, you will do well. But give yourself 2-3 years for that.
Hope this clears your doubt.
Regards,
Avadhut
yeah, I do understand that it is not my cup of tea. but I just don’t want to be a 9 to 5 employee, I want to do more in my life.
As banking is into finance, doing and MBA from a premiere institute is also an option to me. but still I have an apprehension
about what to do and where to start. I may sound you foolish but I need serious help. can this MBA make my career better.
please help.
Hi Shaun,
Yes, MBA from a premier institute is an option, if you’re sure of getting the admission.
Another option is going for short-term program which will equip you with solid practical skills. Here’s one such program.
Let me know if you need any more details.
Job Profile: -
Hi Avadhut,
Below is the profile offered to me for financial analyst:
o Working in teams that handle pre/post settlement support, inter system reconciliation, document risk review , reference data management and portfolio reconciliations.
o Cataloging (categorizing) contracts and deals of derivative trades of our clients
o Capturing data from client systems and online faxes to our system.
o Processing the captured deals and contracts.
o Reconciliation reports, preparation of reports using MS Excel, auditing
Will it be good profile for starting a career as a financial analyst??
Please Advise.
Thanks.
Regards.
Hi Priya,
This is more of a processing job than any analysis.
What you can do – Take this job and simultaneously hone your core financial analysis skills and apply for other financial analysis jobs.
Hi,
I am a CA inter and I have already given 3 attempts of CA final.
I want to become a investment banker, I had previously joined XL Dynamics ltd as financial analyst but left in 1 month as it was about Mortgages.Currently I am looking forward to work with Syntel or eclerx, please tell me what kind of profile should i look for.
I would like to know how to start my career.
Thanks in advance.
Regards.
Hi Priya,
Syntel is a BPO. eClerx provides BPO and KPO work.Apply for KPO roles like Senior Analyst.
Read these article on KPO Careers on FinanceWalk.
1. http://www.financewalk.com/2012/top-30-financial-kpos-india/
2. http://www.financewalk.com/2012/a-beginners-guide-to-kpo-career-in-india/
Hope this helps.
Regards,
Avadhut
Hi Avadhut,
I am a CA inter and I have already given 3 attempts of CA final but not able to crack it.
I want to be an investment banker but I am not sure how to start my career, I had taken an opportunity of working with XL Dynamics ltd but left it in 1 month as it was all about mortgages and I was into Servicing Quality Control Team.
Now what should be my next step.
Would being a CA help me further??
Thanks in advance
Hi! I’m pursuing B.A(Hons) Economics from Lady Shri Ram College, New Delhi. I really am interested in the finance industry but being from a science background (with economics as 4th subject) I don’t have sufficient knowledge on excel spreadsheets, accounting, balance sheets etc. Also as of now I have thought of becoming a financial analyst and look forward to being a CFA charter holder.
Kindly suggest whether I should go for Master in Business economics followed by CFA and give NCFM module exams from now? Or is there any other alternative towards this career? If I give NCFM exams, what modules should I be opting for to have a career as financial analyst in the future?
Hi Akanshya,
I think, you can go for a short-term practical skill building program which will train you on Excel spreadsheets, accounting, finance and valuation in the last year of your graduation. You can study and give CFA exam simultaneously.
NCFM modules are not much useful if you want to go for core financial analysis career.
Hope this helps.
Regards,
Avadhut
Thank you so much! And what certificate course should I go for to enter the banking sector? IIBF?
You can go for our short-term skill building program in Delhi. Click this link.
Let me know if you want to know more about these programs.
Yes please tell me more about the practical skill building programmes required for financial analysis and banking as well
Please email me your contact number, our associate in Delhi will call and give you program details.
Sir
Presently I’m in my first year of graduation. So I may not be able to grasp the things taught. Is it advisable to join the programnow? I would like to join in 2014 if it still continues.
Sir
Presently I’m in my first year of graduation. So I may not be able to grasp the things taught. Is it advisable to join the program now? I would like to join in 2014 if it still continues.
No, it’s not recommended now. You can join in the last year of graduation.
Also please specify about the short term practical skill building programs. When and where do I go for it? Any links you can post?
Hi, I have two years work experience in Financial KPO & also i am appear for the 1st Year MBA ,Could you guide me Which next certificate course is best for my career.
Hi Ramesh,
Focus on skills and not the certificate. Please read this post.
After reading the article, decide which skills you need to have to get into financial analysis. You can join our classroom/online programs if required.
Let me know if you still have any queries.
Regards,
Avadhut
Hi Avadhut
I am a girl and planning my future as a financial analyst i completed my b.com(computers) and pursing mba (finance). And also i have a experience 1.5 yrs of BPO. So, What you suggest to me? Should i change to finance or BPO sector is best fo rme
Hi Vaishali,
I think having 1.5 years experience in BPO and soon be completing MBA (Finance), you should look for openings in financial KPOs.
Here are some articles that might be useful to you.
1. http://www.financewalk.com/2012/top-30-financial-kpos-india/
2. http://www.financewalk.com/2012/a-beginners-guide-to-kpo-career-in-india/
Regards,
Avadhut
Hi,
Need Job in Finance/ Accounting/ financial analyst, currently working with stock broking & I have completed MBA Finance & Marketing. Now I do not want to do any course after getting job in finance only i can do for progress. Can you please suggest me, I have tried in pune, nagpur for financial analyst as I am having 8 yrs experience in offroll I am not getting any job because I don’t have proof to show about my job & salary I want to come in finance field.
Please help me to get entered.
Regards
Abdul Nazir
Hi Abdul,
Why can’t you show the proof?
Hi
I am looking for an equity research analyst job….I am shortlisted in one of the company and i have my interview…….Can you tell what kind of questions they ask me in an interview??
or what level of preparation should be done to crack the interview?
Hi,
1.60% questions will be on your resume. So, check what you’ve written on your resume and be prepared to answer every question.
2.Other questions would be based on your analytical skills and attitude. You should be prepared to pitch them a stock. Have a view on current stock market situation. Study any 2 sectors really well including companies that are performing well.
3. Questions could be on your own investment philosophy. How do you select a stock? What ratios you would see before selecting it?
4. Show your passion about capital market. Don’t bluff.
Do your homework about the company and don’t forget to take a good night’s sleep before the interview.
Hope this helps.
All the best.
Regards,
Avadhut
hey thanks…..gone through an interview process n interview took by analyst…..he was impressed with me(as he mentioned) bt he told me he will intimate aftr two weeks(if only select)……m confused ….is it mean he is indirectly conveying me dat m sorry bt u r nt selected(though he mentioned u r cleared in round1 from my side)…!!
I knw dis comment is irrelevant with dis topic….
Wait for two weeks. You can call him then and ask for the status.
hello
I AM ZAHED KHAN I HAVE COMPLITED MBA (FINANCE) IN JANUARY 2013 I AM SERCHING JOB I WANT TO BECOME A FINANCIAL ANLYST PLEASE SUGEST ME
Hi Zahed.
Can you please be specific in your query?
Regards,
Avadhut
Hello,
I have completed my MBA (Finance) from UK in January 2013 and I am back to Mumbai. I recently went for an interview,for the position of Financial Analyst, at a KPO company in Pune, and they have shortlisted me and decided to hire me. I have a offer letter with me, but now my concern is they are paying me not very much, they have offered 15k P.M. also my biggest concern is if I work in a KPO company, will it help to build my career in Financial services? Will I be able to get something big, something better, after woking in this KPO firm for a year or so? or Will I be stuck in a KPO forever and not been able to move further up in my career? Kindly advice me further on this.
I need an advice as earliest as possible, I have to sign a bond for a year with this firm, in the coming week.
P.S. I am a fresher in Finance, My goals are to see myself working with some decent financial services or investment banks or similar.
Hello,
I have completed my MBA (Finance) from UK in January 2013 and I am back to Mumbai. I recently went for an interview,for the position of Financial Analyst, at a KPO company in Pune, and they have shortlisted me and decided to hire me. I have a offer letter with me, but now my concern is they are paying me not very much, they have offered 15k P.M. also my biggest concern is if I work in a KPO company, will it help to build my career in Financial services? Will I be able to get something big, something better, after woking in this KPO firm for a year or so? or Will I be stuck in a KPO forever and not been able to move further up in my career? Kindly advice me further on this.
I need an advice as earliest as possible, I have to sign a bond for a year with this firm, in the coming week.
P.S. I am a fresher in Finance, My goals are to see myself working with some decent financial services or investment banks or similar.
Hi Neeraj,
The present market conditions demand that you need to have solid skills and experience in finance to get into investment banks. Having said that there are two options:
1. Take a job in a KPO, work for 1-2 years and then move to core equity research.
2. Contact boutique investment banks and apply for an internship/ analyst position with them (paid/unpaid).
Please note that you need at least 2 years experience to build solid skills in financial analysis.
Regards,
Avadhut
Hi Avdhoot,
Currently I am pursuing BBA II yr thorugh SMUDE as well as I am working with Pharma Company as a Medical Representative from last 2 yrs. I want to make my Career in Finance so I am planning to take admission for CFP, but i have doubt that after completion of my Graduation & CFP can i get a good job in Finance Sector or not
So please help me
Please kindly do the neeful
Regards
Pankaj Panchwagh
Hi Pankaj,
If you want to make a career in Finance, then you’ve two options.
1. CFP – If you want to make a career in personal financial planning,
2. CFA – If you want to make your career in equity research, corporate finance and portfolio management.
Apart from the knowledge you’ll gain from the above certifications, you need skills to perform a job.
If you’ve made up your mind to get into finance, then start gaining finance work experience too.
Avadhut
Hello sir,
I am searching a job in pune city for ‘Financial analyst’ in Kpo industry.Entry level (Back office) but dont know how to crack these interviews. I belongs to very small city in MH. And Completed B.com & MBA(Finance) in 2008. from university.due to some personal problem i m not be able to countinue my previous job. and now my age is 29. could you please guide me abt what steps should i take first.i wanted to be independent person now.in my family only me and my mom is there.we are staying in pune. kindly provide me your mail id or ph. no. Is there any neccessity to do CFP couses or NCFM certified courses.
or is there are some classes in pune city which help us to crack the interviews of financial analyst by teaching us some basic knowledge of equity market, and advance excel..
Hi Naina,
You do not need CFP/NCFM certification to get into financial KPOs in Pune.
We run equity research financial modeling program which equips you with the skill set required to crack interviews and do the work successfully.
See this page for more details.
If you have any more queries, contact me.
Regards,
Avadhut
I am intrested in this course. kindly mention the procedure for joining this course.
Hi Naina,
I’m sending the procedure to your email. Please check your email.
Regards,
Avadhut
Hi Avadhut,
I am a B.com graduate working with genpact in General Accounting domain and I have 10 months experiance in Total. I wanna make career in Finace analyses, So request you to kindly guide me how can I give a start to this career.
Regards,
Rahul
Hi Rahul,
I assume you know different financial analysis paths.
If not, please read following articles to understand this field well.
1. http://www.financewalk.com/2013/financial-analyst-job-description-guide-part-1-2/
2. http://www.financewalk.com/2013/financial-analyst-job-description-the-only-guide-you-need-part-2/
3. http://www.financewalk.com/2013/ultimate-guide-entry-level-financial-analyst-salary-resume-jobs/
Please do not hesitate to reply back once you read all three articles above and still have queries.
Regards,
Avadhut
Hi Avadhut,
Thanks for your article
I am an MBA in finance from UK and have around 4 years of experience in Finance and Sale of Financial Products with HSBC and CITIbank . I also have worked as an junior sap analyst for Amec Infrastructure also In the UK . in 2011 I returned to India and worked in KPO as analyst.
Apart from this I have finished the training in SAP SD module In India without certification
Now I am in a dilema whether to go for CFA course in order to become financial analyst….or Would like to genuine institute and duration and cost involved for CFA in India and global recognition for sucessful career
I know that I have asked you a lot of questions but really stuck in a situation here
Best Regards,
MG
Hi Mayuresh,
Thanks for getting in touch.
I think, if you plan to make a career in financial analysis, you have already started it by working in a KPO.
Gaining CFA certification would help, but it’s not mandatory for financial analysis jobs. As it is you’ve MBA degree.
Focusing on skills and gaining work experience in financial analysis should be your primary aim at this point.
Hope this helps.
Let me know if you have any queries.
Regards,
Avadhut
Hi Avadhut,
I am an MBA in finance from UK and having around 5 years of experience in Finance and Sale of Financial Products (Insurance and banking in India). Apart from this I have finished the training in SAP FICO module from London.
However, I am finding it difficult to crack any job due to lack of experience and add to that my Visa is about to expire. Apart from SAP FICO Consultant I have been trying for Financial Analyst positions but have been unsuccessful. I would appreciate if you could give me your valuable feedback on how to start my career, even at a junior level.
Best Regards,
Jitu
Hi Jitu,
Thanks for getting in touch.
At this point, you need to start at junior level since you do not have relevant experience.
I assume you want to get into financial analysis of companies in a proper equity research/investment banking industry.
Here are a few things:
1. Gain skill set required for the position you’re trying for, it’s must. An easy way to do it – check job sites for the job profiles of financial analyst positions. Do a reality check.
2. Try to get an internship – paid/unpaid.
3. Bit of networking helps.
Regards,
Avadhut
Sir, i am Amit , i completed my B Com in 2008 from Lucknow, in B.com i just scored 47.40 percent from Lucknow, after that i worked in a BPO as a CCE, as the salary was not good and due to lots of frustration i resigned from there in 2010. now i prepare for my banking exams but didnt got selected till now, i just want to know that if i want to make my carrer in finance what should i do so that i can get good pay as well as knowledge for my carrier growth….and it should be for lifetime work….or if you could suggest me of some other feild where my future gets secured and i can achieve top levels of a company… kindly suggest me…. my age is -25
Hi Amit,
Thanks for getting in touch.
First of all, if you are really serious about getting into finance, go for knowledge+skillset. It’s must.
Thanks for replying sir…. but for knowledge+skill test where should i go…..???
Amit,
1. For knowledge: Based on your comfort level, either join a structured program in finance or read books and gain knowledge.
2. For skillset: Focus on ‘doing’ the things that you have learned in step no.1 above. Practice.
Hi Avadhut,
I’m glad I came across this thread as it can be difficult to get specific advice in this sector! I have had a change of career path recently and decided after much research that I would like to pursue a career as a financial analyst or investment manager. I have degrees in biology/forensic science (BSc) and Cancer Research (MSc) both of which are fairly analytical, and am taking my CFA 1 in June 2013!
Am I heading on the correct path to secure perhaps “trainee analyst’ or “trainee investment manager positions” and is there any other steps I could take to strengthen my applications? I have been researching courses such as “amplify trading’ however am unsure as this would provide relevant experience for the aforementioned roles? I should also mention that I am referring to a career in London UK!
Kind Regards
Kieron
Hi Kieron,
Thanks for getting in touch.
I think CFA will help. Apart from that start honing your skills in finance. Start writing blogs.
You can use your Biology/Cancer Research degrees to research stocks in relevant industries.
Hi Avadhut,
I’v been doing a lot of research lately and am considering procuring the first 2 CFA levels along with my IMC Unit 1 and 2 in order to gain conformance to the new RDR specifications and allow me to legally advise clients! Do you think this is a wise move? And also would you consider the CISI diploma in securities and derivatives as an addition to the CV? I have been hesitant about planning to complete all 3 levels of the CFA before I manage to secure a position as either an trainee analyst or PM as from what I understand it can put you in the “overqualified” category with regards to trainee and junior positions……is this your view also?
Kind Regards
Kieron
Hi Kieron,
I think CFA will add a lot of value to your resume. Apart from the certification, you need to gain skills in investment analysis and should have work experience.
Doing these two things simultaneously will help.
Regards,
Avadhut
sir
now iam completed mba finance specialisation…. how can i becom financial analyst
Hi Ranjith,
Thanks for getting in touch.
Please read this post completely
Hello Avadhut,
I did my graduation in B.E Information Technology i was very much intrested in finance subject because i had a subject called Managerial Economics & Financial Accounting and i was impressed by this subject and i thought of myself on that day to become an finance analyst and i have done MBA in Finance & Marketing and after completion of Master’s i had tried in different organizations to get into entry level kind of role in finance like research associate or accounts or Associate kind of role in the Finance Industry but am not able to get into this kind of roles because of i’m in different platform it seems the guys were not impressed by my answers. I think I made any mistake in doing MBA in Finance..?
Is that very difficult to get into that kind of position ie.., Finance Analyst from a different platform guy and i have tried for the lot of interviews since MAY 2011 and i am not able got selected in any kind of organization and am gone through different kind of programs to enhance my skills in Finance i have done Accounting course as well and am learning Tally, Advance Ms-Excel.
Kindly Please provide the how to get to be placed in the Finance Industry and am not wanted to go to I.T Industry am very much passion about the finance. Could you please provide the details how to get prepared for any interview and how to get selected in finance industry.?
Thanks and With Regards
S.SRIKANTH
Hi Srikant,
Thanks for getting in touch.
You’ve written a detailed query.
Here’s what you can do:
1. There are many sub-area in finance like accounting, financial analysis, equity research, risk management and likewise. Focus on any 1-2 areas at max.
2. Start reading and gaining practical skills by actually doing the assignments.
3. Give all your attention and time to it.
4. Check what employers demand from the candidates.
5. Embed those skills in you.
6. Once you have skills, the conviction will come automatically.
7. Give as many interviews as possible. Show how you can add value to employers.
8. Be positive and things will soon fall in place.
Let me know if you still have any doubts.
Regards,
Avadhut
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Hi Sir, this is Jadunath. completed MBA in finance specialisation and having around 3.5+ years of experience as finance associate( export in GL and AR process) in keptive BPO Sector. Apart from that i have finished the training in SAP FICO module and have good skills in implementaion in the area of GL,AP,AR and AA (as per the ASAP methodology) with controllling as well . But very tough to get a job in this field since i dont have any experince in SAP implementation.i want to have your advise on this how can i prepare to get into this field as i hope this is a booming one. Moreover, i want to change my profession either as a SAP consultant or to someother field like financial analyst or financial advisor. I need a strong and positive reply to proceed as i am totally got confused where and which one i will focus and concentrate more to make good career and future….. Please advise….and please provide your contact details so that i can call and ask for any advise in my career details… this is my contact no.9840811028 for your reference…..
Hi Jadunath,
Let’s discuss this on phone .
Regards,
Avadhut
Hi Avadhut,
I am a commerce graduate from Delhi university. I have almost 2 Years of experience as an operations analyst and handling MIS. Can u please suggest me something which can take me further in the same profile.
I know that a simple graduation cant help me much. Please let me know what options are available in the market which can be welcomed in the industry.
Hi Nitesh,
Can you please give more details like your skill set and experience in detail?
Hi Avadhut,
I am a final year student at the university of Sierra Leone studying B.Sc. (Hons) Financial Services. I do have in mind to become a Financial Analyst and to go through the necessary channels to accomplish my objectives up to masters level. Do you think my present academic status will exempt me for such a career i want to pursue?
Hi Karifa,
Thanks for getting in touch.
I think you are on the right path.
Regards,
Avadhut
Dear Avadhut,
thanks for replying to my query.
what advice will you render me as to what next move should i take towards this career building after my first degree?
Hi Kafia,
I think get 2-3 years practical job experience where you will develop required skillset and attitude required to be a financial analyst. Simultaneously gain skills like- MS-Excel, Financial Ratio Analysis, Financial Modeling, Corporate Finance, Valuation and report writing.
Hope this helps.
Regards,
Avadhut
Hi Avadhut,
thanks so much for your advice, I am very greatfull.
Karifa.
Hi Avdhut,
I am BE from Mumbai University, I started my carrier with eclerx as a Financial Analyst working upon my CFA L1, but recently i left my job as it wasn’t much worth of.So as of now i am at home preparing for level one and hoping to clear it. I wanted to ask what are career options after level one? I intend to take equity research training after clearing level one and than getting back to industry.As you are carreer counsellor would counselling from your end will help me to get a job after level one and the equity research training? I would personally come down to Pune if there are any prospects that way.Thank you for your time.
Hi Shashank,
Thanks for your query.
Yes, Cracking CFA L1 and simultaneously acquiring practical skillset (which CFA L1 cant give) is a nice option.
Please note that only right skills and right attitude are required to get a job.
Hope I answered your query.
Feel free to contact if you have any queries.
Regards,
Avadhut
A great article all round, which some fantastic points. After achieving my CFA, I’ve been looking into becoming a financial analyst, and these types of articles really only enforce my desire to do so.
It’s really the procedure involved into getting into this type of sector that the most troublesome. Although I feel I can possibly get a starting position in the next year or so!
Emma,
I believe only “right skills” and “right attitude” can give you a great career in finance.
Hello Avadhut,
I did my graduation in B.E Information Technology and then went for MS in Management Information Systems. My Master’s degree had a module Financial Statement Analysis which covered interpretation of financial statements, ratio analysis, micro and macro analysis and industry trends, writing an equity report for investment. I scored good marks in this subject and from there I on I had a strong inclination towards this area. I want to work in this field but I am finding it difficult to get a job.
Please help me as to how should I proceed.
Thank you for your time.
Hi Keyur,
I suppose you’re looking for entry level jobs. Can you tell me exactly why you’re finding it difficult to get a job?
Hi there,
I’m a senior technical analyst with over 7yrs of experience in the Mena region. I have the CFTe certificate from the international federation of technical analysts. Last year I made a shift to sales trading and I found it be interesting as I receive and execute trades directly and interact a lot with clients. I lost my job as the company is shutting down. I’m currently looking for a similar role as sales trader but everywhere they ask for client base and as I didn’t have enough time to build my client base, I’m finding it difficult to find an opportunity. Any idea what I should do or what roles I should be pursuing?
Hi Avadhut
I am a working professional and looking to switch over to Financial research and valuation field where i get opportunity to perform research on companies. I have gone through course content of your 10 days financial research program at delhi. Also, i found the similar content for 6 weeks program. How these 2 are different ? Also, will this course is sufficient enough to grab a job in my required field?
Please advice.
Hi Nitin,
Thanks for getting in touch.
You haven’t mentioned your current field and educational background. If you are looking to make a career in Financial Research & Valuation and have no background in this, I would suggest to go for 6-Weeks program.
sir i have done PGDM with finance specialization. I want to pursue my career in equity research, investment banking or as a business analyst. Kindly please suggest me the best career option because m not getting job anywhere. i am a fresher. could you please your contact number so that i can discuss on this issue.
Thanks
Regards
Rushi
Hi Rushi,
You said you want to pursue your career in equity research, investment banking field, but you haven’t mentioned whether you have the required skill set to perform job in this industry. Read this : http://analytics.net.in/index.php/2010/what-employers-want/
Dear Sir,
I am Sriram from Chennai.I have completed MBA with finance specialisation.I have B.Tech Computer Science as UG background.And also I have studied Reporting Tool Business Objects XI.
I would like to be a Financial Analyst.Please guide me how to take it from here in terms of job searching for the Financial Analyst position.
Thanks
Regards
Sriram
Hi Sriram,
It is not possible to give a reply in 3-4 sentences. Please give us a call to discuss this.
Hello sir,
I am finishing my MBA this April. I am placed in NOMURA as an analyst (operations). Whats your view on this profile. I have interest towards equity research. Will i be able to take the route from here.
Thanking you in anticipation,
Manish S
Manish,
Congratulations. I dont know your job profile as an analyst(operations). However, transferrable skills will be less and so, ur experinece may not be counted if you do not have required skillsets.
Sir,
The profile is i would be in back office, taking care of post trade operations. I would be in any of the product category like derivatives, fixed income and other products. So will this be a proper work experience in finance?
Thanking you in anticipation.
Manish S
Hi,
I m Studying MBA Finance.My career interest is to join investment banking but not getting right directions how to enter into that field. I m NCFM capital markets certified.sir kindly guide me in choosing the courses to get into investment banking.
Preeti,
We provide 10-minute FREE career counseling in BFSI to our members. You can become a member by entering your email id in the subscription form. You will then be able to call me. ( My cell number is given in the eBook)
Hi…
Can you discuss on How to read and interpret a Financial / Research Reports..
Sachin Parekh
Sachin,
Do you mean to say “Annual Reports”?
Dear Sir,
I am sekhar from Andhra Pradesh. I am a CFA and completed all the modules of CFP and have completed 9 modules of NCFM. I did equity research and investment banking
Course from corporate bridge academy. I have around 7 years experience in markets and 4 years as a sub broker. I stay in a remote place and presently don’t have plans to move from that place. I would like to know whether its possible for me to get equity research or any allied activities concerning equities, derivatives as a freelancer.
Thanks and regards
sekhar
Hi,
You can take our career counseling service. It will do wonders for you. Call Vrishali on +91 960 441 7751 to know the details.
Hi
thanks for your reply. can you send the details on the mail id i have given so that i can be prepared to ask about the other details on phone?
regards
sekhara
Dear Sir,
I am satyajit from orissa.i have completed MBA with finance specialisation and also complet four NCFM module(capital,derivative,commodity and finacial begginers module).I would like to be a mutual fund analyst/equity analyst/portfolio manager/investment banker. what procedure i have to follow by which i can achive my goal,please give me some sugetions and guidlines.
Thanks regard satyajit
Satyajit,
From your query, it seems you like all four areas that you mentioned, but they are all different career options and you need to selct any one and foucs on that. MBA degree is enough qualification wise however, you need functional skills also that will give you an edge. The procedure you need to follow is: 1. Acquire the skills that are required to perform the job 2. Create impressive CV 3. Upload it on job sites 4. Do interview preparation.
Very soon, we are going to start a new service which will take care of all these steps and will help you. Subscribe to our email service (FREE) and we will inform you about the launch of service.
All the best
may i know how much opportunities u r getting in the job sectors after completing 9 NCFM modules. is there any good opportunity in this…
which module is more hot in market now, as i am willing to do any one…..please advise…
Hi Jadunath,
NCFM modules give you conceptual knowledge about subjects. They are useful for dealers position.
If you want to go for Analyst/Associate position, invest your time and attention in building practical skills like financial analysis, financial modeling, stock picking skills, industry analysis, MS-Excel, report writing skills.
Regards,
Avadhut