Financial Analyst is person who analyzes and studies the financial situation and guides their clients while investing some amount on projects. The financial analysts critically analysis and do the proper research about company profile in which their client invest money.Financial analyzer prepare detailed reports of the findings and draw the conclusion regarding the purchase and selling company stocks.Financial analyzer even has to look at the merger and takeover of an organization. One who wants to take up this career he/she should be dedicated and focused in their work and if any wrong research or decision is being taken then there will be big loss for the client and even to analyzer.It is a job of specialist who needs to profession in this work.
Making a career in financial analyst is a good idea to take up. One can work as a Budget Analysts, Credit Analysts, Investment Analysts, Mergers and Acquisitions Analysts, Tax Analysts, CA. An individual can even work in overseas. There are many private and individual banks that are in search of financial analysts.
There are undergraduate and post graduate programs and some certificate course that are offered by many colleges and institutes.Individual who wants to seek admission for undergraduate course should be 10-2 passed out. One should have a good knowledge of MS Office, preparing spreadsheets and analytical tools before entering into this profession.Course like Chartered Financial Analyst (CFA) program is designed for this field.
There are many institutes that offers this courses such asBirla Institute of Technology and Science (Rajasthan), Narsee Monjee Institute of Management (Mumbai) International Management Institute (New Delhi), SP Jain Institute of Management andResearch (Mumbai), Xavier Institute of Management (Bhubaneshawar), ICFAI Business School (Kolkata, Chennai, Ahmadabad, Bangalore, Mumbai) and The ICFAI University (Hyderabad).
The remuneration depends on the position an individual works on. But a beginner can earn around Rs 20,000-15,000/- pm and as the position increases the pay off keeps increasing.