The most common financial analyst tools are Excel, PowerPoint, and Word, which are used to create financial models, reports and presentations for senior management of a business or for clients. Other tools include data and anlaytics platforms such as Capital IQ, Bloomberg, PitchBook Data, and Reuters. By using these data platforms, analysts are able to get real-time information about companies and businesses they are performing work on.
Below is a break down of subject weightings in the FMVA™ financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy.
A well rounded financial analyst possesses all of the above skills!
CFI is the global institution behind the financial modeling and valuation analyst FMVA Designation. CFI is on a mission to enable anyone to be a great financial analyst and have a great career path. In order to help you advance your career, CFI has compiled many resources to assist you along the path.
In order to become a great financial analyst, here are some more questions and answers for you to discover: