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.
A financial analysis has ways and means to gather information that no other individual can a financial analysis can be able to gather information from big company managers and he can be able to analyze it unlike any other person he can be able to contact the big companies through his or her channels .
There are different things required in order to be a financial analyst this maybe you must have is a financial degree like an accounting or an economics degree then you must have a background in finance that is the portfolio and stock market, other companies prefer someone having a master 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.
Having a great eye for details is very important on this side of the world since 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.
Financial analyst require good technical and literal skills in order use and analyze your information using any computer and software that is handed to you without this ability you cannot be able to analyze your information correctly or even 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 .