Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.
Roles and responsibilities
What does a Financial Analyst do?
Financial Analysts may perform the following tasks:
- recommend individual investments and collections of investments, which are known as portfolios
- evaluate current and historical data
- study economic and business trends
- study a company’s financial statements to determine its value
- meet with company officials to gain better insight into the company’s prospects and management
- prepare written reports
- meet with investors to explain recommendations.
What personal requirements will you need?
- processing a range of information
- strong communication abilties
- computer skills, using software packages to analyze financial data, see trends, create portfolios, and make forecasts
- the ability to make decisions quickly and with flexibility
- detail oriented
- mathematical skills
- motivation to seek out obscure information that may be important to the investment
- working independently and self-confidence in your judgment.
The University of Western Australia