A Guide to Financial Analysis
A financial analyst as described in Todd Katz quest integrity main job is to help you make financial decisions and helps you make a decision in the stock market that is buying and selling of shares. What a good financial analyst does is to check the investment portfolio, annual reports of a company and come up with a way by which you can invest and make a good amount of money at the end of the investment. Fund manager, portfolio manager, risk analyst and rating analysts are the different forms that a financial analysis may come as.
The main thing that a financial analyst can do which you can’t do is to be in contact with most company leaders and company individuals, since most peoples think they can just invest in themselves. what the financial analyst does is to meet up with company individuals including leaders and collect a wide range of company information in order to make the right decision.
In order to be a financial analysis you must have a certain things in your pocket that is a good background of the financial market that is the portfolio the stock markets and bonds then another crucial thing is your education you must at least have is a financial degree like an accounting or an economics degree, other companies prefer someone having a master’s in business administration.
A good financial analyst must have good analytical skills in order to collect as much information as possible from different sources and be able to analyze the information carefully and come up with a solution or a way that can make your employer money.
You must be able to have the communication skill by having this you can be able to express yourself to the customer and be able to understand what the customer wants and also be able to analyze the information that the customer gives you.
The other very crucial thing is paying attention to small details the small details may cause your client to lose a whole sum of money or even make a whole sum of money this means that a small detail may lead to you failing or succeeding hence great attention is required in the financial analysis sector.
Having mathematical skills is very important without it you may end up making bad blunders and cause financial distress this may hart your career badly.
Technical and literal skills are very important this means that you can be able to handle the computers and software without any trouble since without them you can’t be able to analyze your information correctly or you won’t be able to analyze your information at all.
There are different paths to follow in order to become a financial analyst the main one being the need to have a degree or masters then you can be a financial analyst after that you can be a portfolio manager and if you work hard enough you may end up being a fund manager as advised by Todd Katz quest integrity .
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