What does a Financial Analyst do?
A financial analyst makes business or investment recommendations after analyzing financial data. The analysis can include factors like business environments, market trends, the financial status of companies and the expected outcomes of certain types of operations. Analysts usually have academic backgrounds in accounting, business or finance.
Working as a Financial Analyst
There a few related responsibilities and duties associated with the job of the financial analyst:
- Recommending decisions for investment portfolios
- Studying current and past economic and business trends
- Evaluating and assessing company strengths and weaknesses
- Evaluating historical and current financial data
- Valuing company financially
- Preparing written reports
How much does a Financial Analyst make in the United States?
Frequently asked questions
Where do financial analysts work?
Financial analysts work in financial institutions such as insurance companies, banks, investment firms and pension funds. They provide guidance for making investment decisions.
What do financial analysts do?
They analyze data to assess the performance of bonds, stocks, financial assets and other types of investments to make investment decisions.
Can financial analysts work from home?
Financial Analysts can sometimes work from home, depending on their current work assignments and company policy.