How to Become a Financial Analyst?

 

1x1.trans How to Become a Financial Analyst?

Financial Analyst

 

Financial Analyst is a person who performs financial analysis at a micro and macro level to understand the financial health of a company and offer suitable recommendations. Financial analysis covers fundamental analysis, ratio analysis, financial modeling and valuation. The financial analyst is also known as an investment analyst, an equity analyst, a research analyst or a securities analyst.

According to the Bureau of Labor Statistics (BLS), the financial analyst job sector is predicted to grow by 15.5 percent between 2012 and 2022. According to liberal estimates, this will create about 39,000+ jobs in the US alone. A financial analyst can perform many roles and execute various responsibilities. Credit analysts, money market analysts, investment analysts, budget analysts, ratings analysts, security analysts, tax analysts, Wall Street analysts and mergers and acquisitions analysts are some specializations. You can read our detailed articles on becoming a hedge fund analyst and private equity analyst.

Financial Analyst Jobs

There are three areas where the role of a financial analyst is necessary.

1. Buy Side Firms

Buy Side Firms are corporate or individual investors who invest for future returns. The risk factor is high and investment decisions are solely made by the investors.

2. Sell Side Firms

Again, as mentioned in the earlier section, the Sell Side also comprises of corporate and individuals who are involved as a facilitator for Buy Side entities. They help in decision-making and the risk potential is quite less.

Read more about Buy Side and Sell Side firms in detail here.

3. Investment Banks

The job profile of an investment banking analyst is rewarding. The objective of investment banks is to assist governments, corporations and individuals to raise capital by issuing securities or underwriting. Here is a detailed article on the roles and responsibilities of an investment banking analyst.

Financial Analyst Job Description 

Buy Side Firms are basically different funds, inclusive of mutual funds, where the financial analyst studies different companies, performs research and analysis and gives recommendations whether an investment will be profitable or otherwise. The report also recommends whether it will be wise to sell an investment or hold it. This is in-house research. The job entails analyzing and writing in-depth reports using principles of fundamental analysis, tactical evaluation and technical chart analysis.

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 mainly covers Initial Public Offering (IPO) process and Mergers and Acquisitions (M&A) deals. The financial analyst plays active role in all these deals.

The roles and responsibilities are earmarked for all the above areas. As an analyst, the primary role is to research and analyze financial information and assist the corporate or individual with investment decisions.

The financial analyst compares and analyzes financial reports and forecasts. The analyst identifies trends and offers investment recommendations accordingly. The job of a financial analyst also entails managing financial data and summarizing them through presentations, reports and statistical analysis. Furthermore, the financial analyst needs to remain abreast of current financial trends and market happenings, and he/she can do this by developing a personal networking group, reading financial publications and participating in professional events like conferences and seminars. 

How to Become a Financial Analyst? 

For entry-level financial analyst jobs, an undergraduate degree in finance, economics, administration, management and statistics is necessary.

To have a successful career as a financial analyst, one needs to begin early. Get an internship while still being a student. This experience helps in the long run. Whether the employers are looking towards campus placements or other conventional hiring mediums, they tend to pick up the ‘creamy layer’. In short, never compromise with grades. Chances of getting picked by the best financial institutions increase with better grades.

Furthermore, accounting or financial degrees such as Chartered Investment Manager (CIM), Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), Certified General Accountant (CGA) and MBA degree helps in intermediate and senior financial analyst positions.

In the US, registration with the Financial Industry Regulatory Authority (FINRA) is essential to work as a Wall Street research analyst or on the sell-side. Further, the person needs to clear Series 86 and Series 87 of the Research Analyst Examination and also clear the General Securities Representative Exam.

Apart from qualifications, the analyst needs to have certain skills such as:

1. Solid analytical skills
2. In-depth understanding of companies
3. Interest and curiosity in analyzing
4. Solid fundamental valuation skills acquired in business school
5. Interest in understanding and analyzing a company’s business
6. Ability to build financial models
7. Clear understanding of financial and quantitative concepts
8. Strong analytical and MS Excel skills (Macros, V-lookups and Pivot tables) with strong communication skills
9. Sectoral expertise in telecom, technology, media, insurance, food and beverage and banking

How much Salary a Financial Analyst Draws?

In London, an equity research analyst profile will give you salary in the range of GBP 20,000 – 50,000 annually. In US, for the same profile, you can earn $ 35,000- 80,000 annually. In India, the pay scale is an average of Rs. 353,991 annually. A career as a financial analyst will bring financial benefits but don’t choose this career for this sole reason. 

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 that if you are really good in fundamental and analytical skills, you can grab such roles. Therefore, brush up your financial knowledge and be ready to become a financial analyst.

If you wish to work in an investment bank, read the detailed guide to crack investment banking interview. 

What are your career plans? Write to me.

Want help in how to prepare for a financial analyst interview? Leave a comment below.

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1x1.trans How to Become a Financial Analyst?

279 Responses to “How to Become a Financial Analyst?”

Read below or add a comment...

  1. swapna,

    i did b’com first year as regular and i got married , after that i started to do correspondence b’ com for 2 years i passed account and stats but theory i did so i stopped there now i want to complete my degree graduation also iam working in wns i feel producd for it and how to finish this. my goal to do in finance or ca plz help me to complete these things.

    thank you

    Regards

    Swapna

  2. Navamita says:

    HI,
    Found your website very inspiring as i was looking for a guidance as Financial analyst.Am a MBA in finance and has 6 yrs exp in banking as a service operations manager.BUt currently am on a break as my husband was out of India.Want to pursue as a financial analyst thus require a guidance.Am based in Bangalore ,can u suggest some courses of financial modelling here and will be a problem in shifting now for me after a break.please suggest.am also pursuing CFA level 1 and planning to do financial modelling course

    • Hi Navamita,

      Why do you want to do Financial Modeling online course? If for knowledge purpose, you can check our online programs here.

      I think you need training plus grooming to make a smooth transition from operations to core financial analysis. Only a properly designed classroom program with a mentor can help you in this. I suggest you to take a look at our classroom program in Delhi.

      If you want to know how will it help you in your career path, please email me (avadhut@financewalk.com) your contact number. My associate will call you and provide career counseling.

  3. Madhu says:

    Hello Sir

    I am Madhu. I have done Masters in Business Economics. Right now, i am serving as a Business Analyst in a small IT firm. But I want to make career as a Financial Analyst. Is there any possibility! No matter how much I have to work, I will. I just need to know the path. Kindly advise me.

    regards
    Madhu

  4. Pallak says:

    Hi Avadhut,

    This is Pallak, currently an MBA Finance Fresher not from a niche B school.. In this MBA curriculum I have progressed to hone my analytical skills with 4 months of internship opportunity as a financial Jr. analyst followed by research associate profile..
    I didn’t find any descent campus placements provided by our placement committee so Currently my search is on for corporate firms hiring fresher candidates into core finance field. simultaneously I am pursuing financial modelling & valuation online course from corporate bridge academy to get good hand on experience on functional skills which is a prerequisite for an analyst profile
    Can u help & guide me as to how to go about it.. Salary package is not a constraint but getting a good learning is need of an hour to give a kick start to my career as a fresher.
    Kindly let me know any relevant course to upgrade my skills further that helps me find a job asap…

    Thanking you in anticipation

    • Hi Pallak,

      Online courses lack the interaction and grooming required for freshers like you. Plus, the feedback, resume building and networking are the most importanmt aspects of classroom program.

      Having said that, I would highly recommend you our 6-week program.

      Please email me (avadhut@financewalk.com) your contact number. My associate will call you and provide you career counseling and program details.

    • purnima lahane says:

      Hello sir,
      I am purnima lahane, I have completed my m.com (costing) and icwa (inter), but i got married immediately after this, now I am house wife now but want to start career as a business analyst or financial analyst please help me sir ….its now 4 years gap now how, please suggest me how to start now……

  5. Neelam Rathor says:

    I have done MBA with Finance Specialization working from last 1 year in Broking Firm, Studying Equity Research (FLIP) for becoming a Equity Research Analyst.

    Can u Guide me

  6. Pooja says:

    Hello sir,

    I m pooja , i hav done Icwa inter in 2012 & i m interested to do a job as a finance analyst.
    i got the offer from one company as a finance analyst. they are offering me 12000-15000 per month for night shift.
    one of my friend told me that this is a very less amount to do this job. i need your guidance on it. as a fresher is this a right salary package?

  7. yagya says:

    Hello Sir,
    I have done b.tech(computer science) and m.b.a in finance &marketing. I am working in banking industry since 4 years in operations field as assistant manager and now deputy manager , but now sir i want to change my sector and want to work as business analyst in finance and marketing. Can i get job according to my experience and qualifications and does my banking experience counts for the same .Please suggest

  8. bhagya says:

    Hello sir,

    Am bhagya. I have completed MBA in finance (not in a reputed college). After finishing my MBA i got married and i moved to UK. After that i had my children. Now its been 3years , can i apply for financial analyst job without experience or i should do any coursee for my better career? Can you please guide for my better career?

  9. Bhargav Patel says:

    Hello Sir,

    I have done Certified Financial Planning (CFP). I have cleared CFA Level 1 & currently preparing for Level 2. I am working in an Asset Management Company in the Sales Department. I want to get into research & want to develop my career as a research analyst (equity or fixed income) & once i have enough experience i want to get into portfolio management. The main issue is i have no practical knowledge or experience into research & even after finishing CFA i will only have bookish knowledge. I want to learn practical skills along with my CFA studies so that it helps me alot when i finish off with my studies. But i don’t know what to do & where to start from. Request you to help me with the same & suggest me a roadmap.

    • Hi Bhargav,

      Practical skills will be achieved only through implementing the concepts either in a workshop-style training or in a job. You can either join a training program that’ll give you practical skills and groom you or apply for internship in companies.

  10. Rakesh Kumar says:

    Hello Sir,

    I am Working as an Sr.Accountant. I want to change my career line and much interested to Join, analyst line. my qualification is M.Com & MBA Finance. i want to become an Finance analyst but this time companies are hiring just the experienced analyst. i am trying harder to find the opportunities. so, i want a suggestion from yourside, that what should i do, to become analyst.
    1- can i join as a fresher ?
    2- or my work experience can count to get this position.

    Kindly suggest.

    Regards

    Rakesh Kumar

  11. sahil says:

    Hi Sir,

    My name is sahil i am pursuing pgdbm in finance from imt cdl. So i need help in how to prepare for financial analyst interview..

    • Hi Sahil,

      Financial Analyst responsibilities vary as per the organization. For example, a financial analyst role is different in credit rating firms from investemnt banking companies.

      Please let me know the role and sub-sector of the company (not name), so I can give you specific reply.

  12. Awilda says:

    Hi Avadhut:

    I’m an accountant with more than 14 years of experience in the field. I have a Bachelor in Business Administration and also a Master’s Degree in Accounting and Finance Management. I’m looking for a new opportunity and I received an email from a recruiter that saw my Resume online and he wants me to do an interview for a Financial Analyst position. I read the job description and I rejected it. But he insists that I’m a good fit for the position. He already coordinated an interview with a Finance Manager and the Finance Analyst of the corporation for next week. He’s confident that I can do the job. But I don’t know what to expect in the interview, even when I have a Master’s Degree I have no experience at all in Finance. I really like the idea of becoming a Finance analyst. I just want to know your recommendations for the interview.

  13. ALOK RANJAN says:

    Hellon sir,
    i m Alok. I have completed CFA from ICFAI University last year and near to completion (one group left) of Cost Accountancy (CWA). presently working in finance department of a PSU since last 3 year. how can i start my career as a finance or investment analyst? please suggest…….Thanks.

  14. bp says:

    Hello Sir, i have completed BA eco and will be pursuing MA eco. I want to be a researcher/analyst. What career options are open to me after completing MA? How do I go about becoming a financial analyst? I have no job experience.

    • Hi bp,

      Apart from knowledge, you need required skills and experience to perform a job. I suggest you to join a practical program that would train you on real practical skills.

  15. Nagarajan says:

    Hi Sir, this is Nagarajan. I’m doing final year MBA/PGDM in Finance (Fresher 2014) .I want to start my career as a financial analyst, kindly suggest me about the career path and what r all i wanna prepare for the interview and how can i learn basic fundamental analyst???

  16. PRIYANKA GOEL says:

    Hello sir,

    Iam Chartered Accountant but i wanna build my career as Financial analyst. And now i don’t understand what to do for accomplishing my goal. So, Sir please guide me for this.

    With Regards
    Priyanka Goel

  17. Satish says:

    Resp sir,
    I am working as a school teacher for last 10 years teaching accountancy and statistics from basic level to post graduation level. For last few months i feel to change my field and so was thinking of trying financial analyst field….. i have done my PGDBM in finance from symbiosis center of distance learning, M.Com and B.Ed too in commerce. I am well equiped with accounting techniques and use of statistical tools.
    kindly advice me whether this field is feasible for me. If yes do suggest me how to start the same…
    Looking forward to a reply

    • Hi Satish,

      Career shift is definitely possible provided you enter the new field for good reasons.

      Here’s what you can do:

      Step#1: Start networking and applying to financial KPOs for trainer profile. You need to convince them with your experience and teaching skills.

      Step#2: Once you’re in, enjoy your job. Perform really well.

      Step#3: After 1-2 years, check for lateral positions in your company or other KPOs for a senior financial analyst’s role or a managerial position.

      If you want to take a direct approach, then you need to invest time, money, and energy into learning practical work. You may want to join a classroom program that will give you practical skills, exposure, and contacts to work in financial analysis domain.

      Please let me know if you have any queries.

  18. Varun says:

    Hello Sir, i’ll be a B.Com graduate next year. Can you please advice me on how to become a financial analyst/chartered financial analyst?

    • Hi Varun,

      If you want to work as a financial analyst, start learning skills required – MS Excel, Financial statement analysis, Financial Modeling, Writing reports, and so on.

      If you want to go for CFA, apply for it and start studying for the first level subjects.

      Please let me know if you have any more queries.

  19. Susan says:

    Hello Sir,
    My daughter has just given her 10th std CBSE exams and she is interested in pursuing her career in Financial stream such as Financial Analyst, CA etc, Can you please guide what subjects she should opt for in 11th and how should she go about her career path.

    Thank you and appreciate your early reply.

    • Hi Susan,

      She should opt for subjects like Accounting, Business Management, Costing, and Economics.

      If she focuses on these subjects, she can either go for CA after 12th or can complete her graduation and go for CFA/ MBA, if required.

      Practical assignments should be her focus apart from gaining the concepts.

      Please let me know in case you have any specific queries.

  20. Megha Lotankar says:

    Hello, This is Megha Lotankar. I have completed by MBA in Finance.I have an experience of 9 years in the field of Accounts and Finance. I wish to change my profile from Accounting to Core Finance. I have gradually develop my interest into Valuation, Mergers and Acquisitions. Please guide as to which course I should undertake so that I can enter into Investment Banking sector. Please guide me.

    Regards,
    Megha Lotankar

  21. Shivangi M says:

    Hello sir, i’m from mumbai, india. i have completed graduation in bachelor in management studies and currently pursuing Company secretary executive course. i find this course ok but i want to get into finance field. my interest is analysis and research work in finance.. either investments or portfolio.. M planning to do Cfa as well. but m confused as in which field to apply as m a fresher with no experience. m not even mba. and i dont want to mba cz it needs a huge investment.. i need a piece of advice as to how to start my career.. plzz help sir..
    thank you..

  22. sanjay says:

    Hello sir I completed my MBA in 2013 fresher with Finance and Marketing specialization and my previous background is Bsc science graduate.Sir i want to know how to start my career in a financial sector.On the other hand i left a company as a Financial advisor.Sir actually i confused regarding my career please guide me.

  23. kirti says:

    Hi…I am Kirti.I have done B.E in Comp Sci (Fresher 2013).I want to pursue my career as a financial analyst in Mumbai.So where should I start from as a fresher?? Wat are da basic concepts required??from where should I study..I guess i need to talk to u sir..Can u give me ur contact no…i have no. of doubts..

  24. Hussain says:

    Hi,
    My name is Hussain. I am a Business Mgmt Post Graduate 2007-09 specializing in Finance with 4yrs of total work exp (2 yrs in CA firm, prior PG 2005-07 and 2 yrs in corporate finance, after PG 2009-11). I ventured into business in 2012-13 and did well but not upto my expectations and target that I had in mind, now I want to get back in the industry but not with my earlier profile. How to put my qualification and past exp to best use and explore other opportunity. What do you suggest?
    Regards

    • Hi Hussain,

      I think you should look at positions which will help you and your project excel. Since you ventured into business and did well, it shows your risk taking ability and business acumen. Highlight these skills in your profile.

      I think you should apply for a Consultant’s/ Team Leader’s position in companies.

  25. mohini says:

    Hi,
    I have completed M.B.A. in finance in 2001, but could not work due to some reason,but now I want to pursue my career. I have recently completed financial modelling and want to work as financial analyst,kindly suggest me about the career path and how I can prepare for fundamental analysis.

  26. Rahul says:

    I am CMA(Cost Accountant),23, working in Cost Accountant firm but no longer interested. I have had always interest in financing field only in equity investment as a day trader. To be a good day trader, I ready many famous books on stock market and it really gave me benefit. Now, my issue is I want to choose my career as a day trader but I have only theoretical knowledge no piratical knowledge. So, what do I do now?

    • Avadhut says:

      Hi Rahul,

      You can join Day trading training programs that give practical training.

      Best way is to apply to brokerage houses/ trading firms in your city. They will give you on the job training.

  27. Sourav says:

    Dear sir,

    I am currently a second year student in IIT Kharagpur and i want to become an analyst and i don’t have any idea from where to start or what to read or what subjects to consider as many finance and consultancy companies like Goldman sachs ,Deutsch Bank etc come and give internships in our third year, I may seem a bit stupid here but i will be very much obliged if you guide me in correct path. Only thing that i know is ,I have strong urge to become one of you so please consider my case.

    • Avadhut says:

      Hi Sourav,

      For your internships, talk to seniors/ alumni who have already done internships in the companies. They are the right people to guide you.

      You should have very good analytical skills. Start solving Probability and Statistics questions.

      Try to get some basic knowledge of Finance. Read a financial newspaper – The Economic Times and The Wall Street. Read financial blogs and other blogs like Business Insider.

      If possible, apply for CFA/ FRM. Certifications may help, though not must.

      Start building financial modeling skills, they will definitely help you in future.

      Hope this helps.

  28. sandeep says:

    Hello Sir,

    I am 32 yrs old with poor career path from ’03 to 12. with fields like marketing, bpo etc. Now i am waiting for my MBA part time degree by April 2014. from a reputed institute in Coimbatore. Again i failed to learn a strong academic training. As i still have a couple of months to complete my MBA finance could you guide me in what areas in my academics should I do a re learning, I dream is be a financial analyst. your help would be appreciated.

    Regards,
    Sandeep

    • Avadhut says:

      Dear Sandeep,

      Age is the main issue in your case.

      Still, send your profile to my email id. I will check with my associate whether our training program will add any value to your immediate career goals.

      Hope this helps.

  29. nitin says:

    Hi,
    i am a commerce graduate and PG diploma in finance from distance learning in 2009, i worked in reliance money, EXL services (Bpo) in banking process (banking fraud) and now working in Health Insurance company processing medical claims, now I want to be a financial analyst. Is my experience helps m?. And how i can prepare for the interview because its a long time to complete my studies, i am not in touch accounts or related subjects? Please advice.

    • Avadhut says:

      Hi Nitin,

      You have had changed the fields too fast.

      You need either skills or experience or both to make a career in financial analysis. First you need to prepare yourself well for financial analysis jobs. You can target KPOs for this. Read KPO guide for this.

      When you think you are well-prepared, start applying to these financial KPOs.

      Hope this helps.

  30. bhavika ravani says:

    I have done MBA with finance specialization,and worked with broking firm on portfolio management on the basis of technical analysis.

    now working wit infosys in accounts payable.

    I want to go for financial analyst profile

    can you suggest from where do i start

  31. Sivakumar raju says:

    Hi Avadhut sir

    I am from Andhra pradesh, i did MBA ( finance & Marketing ) Specialisation also completed 5 years Job Experience in Manufacturing industry. Now i want to go as a financial Analyst.

    please suggest the ways to forward.

  32. akhil sayyed says:

    dear sir
    i am doing MBA,so for placement purpose i want know detailed about Financial Analyst…..
    so please guide me how to prepare for this post..?

  33. Pinaki Banerjee says:

    Dear Sir,

    Am 33 years old and for the past 7 years working as an equity analyst and have been associated with 3-4 broking firms. I wish to make a career change and move to credit research. For this purpose I have started pursuing the Certified Credit Research Analyst programme from the Association of International Wealth Management in India. The course has been designed by CARE. Can you please suggest some other courses on credit research offered in India which will help me to make a smooth career change? Also please suggest as to how should I go about applying after finishing the course as I will be a fresher in this segment?

  34. Asoneth says:

    Hi. I just completed my MBA In Finance. I want to enter into corporate Finance or to be a Business analyst. What skills do I need ?

    • Avadhut says:

      Hi Asoneth,

      For getting into corporate finance you need:

      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. Ability to build financial models

      5. Strong analytical and MS Excel skills (Macros, V-Lookups and Pivot Tables) with strong communication skills

      Business Analyst in which industry Software or Finance?

  35. V R Shah says:

    I have done MBA Finance from ICFAI Business School (batch topper) and CFA Level 2 cleared. I was working with equity research KPO (among top 3 in India) but left it few months back because of monotonous modelling profile (data intensive with no analysis) with little prospect for growth. I am looking for job in front end and I possess the requisite skills like financial modelling, valuation, report writing. After leaving job, I have tracked indian markets and traded to get practical perspective. With good academic background and domain knowledge, I am not getting calls for front end profiles. Suggestions would be appreciated.

  36. suryakiran says:

    Hello sir,
    I have been selscted for TCS in BPS(business process sector).i want to do an sap course in future but i am confused if the experience is added for my resume or not.

  37. Divy Maheshwari says:

    I m a fresher Chartered Accountant.I have also cleared CFA level1(USA).I want to start my career as a financial analyst or in investment banking.I have an interview with HCL business services.If i m selected they will offer me a position of senior financial analyst.Its a BPO. I want to ask that whether it will be a good start for my career.

  38. DEEPAK KANODIA says:

    MR AVADHUT

    I HAVE PASSED MY MBA IN INTERNATIONAL BUSINESS AND PASSED CFA LEVEL 1 AND ALSO DOING CFP ADVANCE FINAL LEVEL.

    I GOT AN OFFER FROM SYNTEL – KPO IN NIGHT SHIFT WITH ONY ONE BELOW PROFILES
    1)Processing of Corporate Actions on accounting side of Capital market, Mutual Funds & Pension Funds.
    2)Settlement of securities and cash on accounting side of Mutual Funds & Pension Funds.
    3)Re-accrual of Fixed Income Securities like Bonds, Treasury Bills & Mortgage back securities
    4)Also responsible of settlement of trade’s as per Contractual or Actual settlement agreements.
    5)Re-accrual of Fixed Income Securities like Bonds, Treasury Bills & Mortgage back securities

    , COULD YOU PLEASE SUGGEST ARE THESE GOOD PROFILES OR ARE THEY ANALYSIS BASED?

    SHOULD I TAKE OR NOT?

    REGARDS

    DEEPAK KANODIA

  39. tejashree says:

    Hello sir,
    I am tejashree and i am a B.Com graduate. I had received a mail from WNS company in mumbai for an interview tomorrow . Role:financial research analyst – mergers and acquisitions. I want to know whether this job would help me make a good career. This is the first time that I am preparing for an interview. please i need your advice .

    • Avadhut says:

      Hi Tejashree,

      Yes. It seems the job is good. What will be the job responsibilities?

      • tejashree says:

        Job description and key accountabilities:

        Detailed Research (Secondary – Internet based) on M&A deals using company press releases, RNS statements, proprietary databases, Annual Reports, Quarterly statement. Prepare detailed M&A report based on the analysis and client defined parameters. Extensive email correspondence with international clientele
        The above was written in that mail.

        • Avadhut says:

          Hi Tejashree,

          This looks good to me.

          • tejashree says:

            Can you please tell.me how should I prepare for the interview . .. please… because this is the first time I am giving any interview..

          • Avadhut says:

            Hi Tejashree,

            Want to know how did they find you? If it’s through job-portal, then focus on your profile. 60% of the questions will be on your resume.
            Email me your profile, if you want to know specifics.

  40. Amardeep says:

    Hi Avadhut,
    I’m currently working with Kotak securities a stock broking company as regional head for sales and marketing. I have been in this industry since last 9 years. I have done BE (elect) & M.B.A (marketing and it systems) form ICFAI business school hyderabad.I’m very much interested in the career of Financial Analyst but not sure how & where I can start. am i elifgible for Financial analyst courese? where shall i start first? will my experience count. i m NCFM certified in capital and derivatievs market. I heard about 6 weeks course, is it good for me?

    Looking forward for your soonest reply.

    Thanks,

    Amardeep

    • Avadhut says:

      Amardeep,

      Yes, we do run 6 weeks program in Delhi. However, we need to have detailed discussion about your profile and career prospects.

      If you want to discuss this,please share your contact number. My associate will get in touch with you.

  41. Sanjay nayak says:

    Hi Avadhut,

    I am having a experience of 4.2yrs of retail banking ( operations and sales). Right now I am working in Axis bank as Relationship Manager. I have done masters in Finance and control ( MFC) and PGDB in Banking and insurance and basically a commerce graduate.

    I have got an offer from XL Dynamics as a financial risk analyst in mortgage. Is it a good oppurtunity as I always want to be a financial analyst? Should I join XL dynamics.

    Kindly suggest me asap as I have to sign the bond for 12months.

    in anticipation of your response.

    Regards
    Sanjay nayak

    • Avadhut says:

      Hi Sanjay,

      XL Dynamics is focused on only one industry – Mortgage.
      What job responsibilities you have to perform?

      • Sanjay nayak says:

        Hi Avadhut,

        Thank you for quick response

        My job responsibilities in Xl Dynamics are-

        I will be engaged in different phases of the life-cycle of mortgage transactions. I will be responsible for reviewing financial statement, configuring financial data and documents in the ERP system, performing various verifications to determine authenticity of data, detecting red-flags in financial documents, generating final agreements for execution.

        Kindly suggest me Should I join XL dynamics ?

        In anticipation of your response.

        Thanks & Regards
        Sanjay Nayak

        • Avadhut says:

          Hi Sanjay,

          This is more of processing and data-crunching job, and less of analysis as per my knowledge.

          Please do your own due diligence.

  42. Rahul says:

    Hi Avadhut,
    I’m currently working with “Torus” an Insurance company based in gurgaon from last 2 years as an Finance associate in a process named “Reporting desk & data quality” I have done B.B.A & pursuing M.B.A form sikkim manipal university, I have also enrolled myself for CFA level 1.

    I am vey good in Excel, access, power point, VBA as i do most of my work on these.

    I’m very much interested in the career of Financial Analyst but not sure how & where I can start.

    can you please suggest how should I prepare for a career in Finance?

    Looking forward for your soonest reply.

    Thanks,
    Rahul

  43. Animesh says:

    Hi Avadhut,
    I’m currently working in TCS in Telecom domain for last five years and also pursuing my MBA (part time with finance as major) from Indian Institute of Foreign Trade, New Delhi

    I’m very much interested in the career of Financial Analyst but not sure how I can start.
    Do you think working on some good college project like preparation of Equity research report, Telecom Industry Analysis will help?

    My MBA program will get completed in Feb 2014.
    can you please suggest how should I prepare for a career in Finance?

    Thanks & Regards,
    Animesh

  44. shailesh says:

    Hi,

    I am shailesh here . Actually i need your advice . I am in retail banking operation since five years and as of now i am back up branch manager . I am getting offer of financial analyst from well known KPO . So switching to KPO from core banking will be fair decision for my career,what do u think? Because i don’t want to loose value of my core banking experience.

  45. Ganesh K says:

    Dear Sir,

    I want to become an analyst but i don’t know where do i start from. I have 2 yrs 5 mths of experience in financial service industry – ICICI Securities Ltd -1 yr 5 months as relationship manager & Axis Bank – 1 yrs as Assistant manager – Operations – Clearing process.

    I am thinking of becoming a financial analyst. how do i go about it? & what are the things should i do for achieve it??. Kindly give me some suggestions as i am very confused now..

    Regards,
    Ganesh K

  46. bijay says:

    Hello Avadhut
    I am a post graduate in economics am interested in making my career being a financial analyst. what qualification do i need to have and what path do i need to take up to achieve the same.

    thanks

  47. Tosin says:

    Hello Avadhut,

    I must say I am really impressed at your blog site and motivated. I also admire the fact that you practically attend to everyone’s questions. that is rare. Now my problem… I am at a critical stage on making critical decision on my career path and I have been considering being a financial analyst, though I studied Mathematics. I have no background in Finance or Accounting. My choice is because I think I have strong analytical skills (general). I am present engaged with a PA job. Please advise on which steps to take.

    Thanks
    Tosin

    • Avadhut says:

      Hi Tosin,

      Thanks for getting in touch.

      My first suggestion is – Visit job sites and check the job profile of entry level financial analyst. Make a list of skills and qualification required for these jobs.

      Second step is to check which skills you lack. Learn these skills. You can join a training program.

      Third step – After you gain these skills, create an excellent profile of yourself and start applying.

      Remember, you may need to start at entry level.

      Best,
      Avadhut

  48. Pooja Mishra says:

    pls help me up m confused

    i am a B.com graduate and pursuing my distance PGDM from welingkar institute in finance and preparing for CFA level 1 this dec and m looking for a job as financial analyst this is short term goal
    long term goal is m interested in mergers and acquisition so would like to work in m&a for a reputed firm
    pls help me how to begin and mean while i heard of CIBOP (certificate in investment banking and operations) course from Imarticus learning they provide with placement in investment banks as analyst and pristine also have some kind of same course on financial modelling i want to do any one of these pls suggest which one and how to begin my career

    • Avadhut says:

      Hi Pooja,

      PGDM and CFA will give you knowledge but not skills. You need solid rigorous workshop that will take the best out of you.

      Since we run our own training program, I can’t comment on other institutes.

      Please check the details of our financial modeling investment banking classroom workshop.

      Feel free to reply back if you have any more queries.

      • pooja mishra says:

        thanks sir for reply
        i am really glad that there is someone like you who can guide our problem and raise a light of hope in darkness.
        meanwhile i visited both the institutes but they are charging very high fees and they couldn’t convince me for their programs.
        as u rightly said i need some skills and moreover some analytical skills as i am not very comfortable with maths but yes i m ready to give my 200% to improve that and i had gone through ur website as well u provide training only in delhi n i m in mumbai so please tell me about ur course as well and the fees n all n it would be lot better if u can help n guide me for my Career

  49. Robin Garg says:

    Hi Avadhut

    My name is Robin Garg
    I have just completed my post graduation (MBA in finance) and i am also CA inter.
    i am just to start my career but i am very confuse how to start and from where to start.
    can u tell me what option i have as a finance person…

  50. Nirmal says:

    Hi Avadhoot,

    I am Nirmal Maheshwari. (Once again).
    Actually i got an opportunity to work with Eclerx as a senior analyst in some derivative segment. Basically the interviewer told me that company works on middle office and back office works for investment banks.

    I only have a 15 months of experience and that is also in a different industry (Finance Education Industry).

    I want to make a career in finance, could you please throw some light on “should i accept the eclerx offer or not”. And if Yes then what kind of learning, growth i can get over there. Apart from this if down the line 2 years if i plan to switch the job where can i go with eclerx’s 2 years of experience in derivatives.

    • Avadhut says:

      Hi Nirmal,

      Watch your career and personal needs.

      Did you try other companies? Where are working currently (company,location?)

      Don’t accept Eclerx offer, if you’re keen to make a career in core finance.

      Let me know if you have any more queries.

      • Nirmal says:

        Hi Avadhoot,
        Thanks for your reply.
        Earlier I have worked for a Finance e-learning company. I left the company to get into research profile. I tried companies like Reval analytics and SG analytics n Pune. I got an offer from Reval for the post of Junior Research Analyst; but due to very low salary I could not accept their offer. In research field companies ask for relevant research experience; which as of now I don’t have.
        Then I got an offer from a logistic company in Magarpatta; I joined that company but that is not into finance at all. I think if I wait in logistic company I will be totally out of finance. I am staying in Kharadi, and Magarpatta is very near to me as well.
        At Eclerx, they offered a post which is somewhat related to finance.
        This is why I am thoroughly confused; what should I do.

        • Nirmal says:

          Hi Avadhoot,

          One last query; If i do not join eclerx now then what are the options left with me; and if i join eclerx where can i land up after working there for 2 years.

          I would be thankful to you; please reply to my queries.

          • Avadhut says:

            Hi Nirmal,

            If you compare Reval profile and Eclerx profile, you will realize that Eclerx profile is of back-office processing and Reval profile is of Research & Analysis. Based on this fact, take your decision.

            By joining Eclerx, you will postpone the opportunity of working in financial analysis & research profile.

            What’s your short and mid-term career goal?

            Hope this helps.

  51. Dinesh says:

    Good luck for your blogging. Can you see this comment?

  52. jasmeet singh says:

    Sir i m going to be chatered accountant in 6mths time , i want to be a portfolio manager of co’s like jp morgan , morgan stanley etc in long term . please suggest me some course which specialize me in this field and how to proceed after becoming chartered accountant. please provide detail info

  53. Barkha says:

    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 .

    • Avadhut says:

      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.

  54. Syed says:

    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 )

  55. Umesh says:

    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.

    • Avadhut says:

      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.

  56. Moez Sghaier says:

    Very helpful article for someone who’d like to start a career as a financial analyst like me.

  57. HDaami says:

    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

    • Avadhut says:

      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

  58. Divesh says:

    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

    • Avadhut says:

      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

  59. Robin Gupta says:

    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.

    • Avadhut says:

      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

      • Robin Gupta says:

        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.

        • Avadhut says:

          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.

  60. Geoffrey says:

    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

    • Avadhut says:

      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.

  61. Deepak says:

    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

  62. shaun says:

    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.

    • Avadhut says:

      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

    • shaun says:

      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.

      • Avadhut says:

        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.

  63. Priya Rane says:

    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.

    • Avadhut says:

      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.

  64. Priya Rane says:

    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.

  65. Priya Rane says:

    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 :)

  66. Akanshya says:

    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?

    • Avadhut says:

      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

      • Akanshya says:

        Thank you so much! And what certificate course should I go for to enter the banking sector? IIBF?

        • Avadhut says:

          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.

          • Akanshya says:

            Yes please tell me more about the practical skill building programmes required for financial analysis and banking as well

          • Avadhut says:

            Please email me your contact number, our associate in Delhi will call and give you program details.

          • Akanshya says:

            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.

          • Akanshya says:

            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.

          • Avadhut says:

            No, it’s not recommended now. You can join in the last year of graduation.

      • Akanshya says:

        Also please specify about the short term practical skill building programs. When and where do I go for it? Any links you can post?

  67. Ramesh says:

    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.

    • Avadhut says:

      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

  68. vaishali says:

    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

  69. Abdul Nazir says:

    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

  70. avdut says:

    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??

    • avdut says:

      or what level of preparation should be done to crack the interview?

    • Avadhut says:

      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

      • avdut says:

        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….

  71. zahed khan says:

    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

  72. neeraj says:

    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.

  73. neeraj says:

    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.

    • Avadhut says:

      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

  74. Pankaj Panchwagh says:

    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

    • Avadhut says:

      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

  75. naina says:

    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..

    • Avadhut says:

      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

  76. rahul says:

    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

  77. Mayuresh Gore says:

    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

    • Avadhut says:

      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

  78. Jitu says:

    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

    • Avadhut says:

      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

  79. Amit says:

    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

    • Avadhut says:

      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.

      • Amit says:

        Thanks for replying sir…. but for knowledge+skill test where should i go…..???

        • Avadhut says:

          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.

  80. Kieron Edwards says:

    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

    • Avadhut says:

      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.

      • Kieron Edwards says:

        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

        • Avadhut says:

          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

  81. ranjith says:

    sir
    now iam completed mba finance specialisation…. how can i becom financial analyst

  82. Srikanth says:

    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

    • Avadhut says:

      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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  84. Jadunath says:

    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…..

  85. Nitesh says:

    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.

  86. Karifa Koroma says:

    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?

    • Avadhut says:

      Hi Karifa,
      Thanks for getting in touch.
      I think you are on the right path.

      Regards,
      Avadhut

      • Karifa Koroma says:

        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?

        • Avadhut says:

          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

  87. Shashank Dargad says:

    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.

    • Avadhut says:

      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

  88. Emma Tameside says:

    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!

  89. keyur says:

    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.

  90. Wael Atta says:

    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?

  91. Nitin says:

    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.

    • Avadhut says:

      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.

  92. RUSHI says:

    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

  93. Sriram says:

    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

  94. Manish S says:

    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

    • Avadhut says:

      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.

      • Manish says:

        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

  95. Preeti P says:

    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.

    • Avadhut says:

      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)

  96. Sachin Parekh says:

    Hi…

    Can you discuss on How to read and interpret a Financial / Research Reports..

    Sachin Parekh

  97. sekhar says:

    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

    • Avadhut says:

      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.

      • sekhar says:

        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

      • Satyajit Das says:

        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

        • Avadhut says:

          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

    • Jadunath says:

      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…

      • Avadhut says:

        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

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