To be a financial analyst in Canada is typically to work at one of the big 5 banks, a boutique bank, or at an operating company (which can be either public or private). The most common way to become a financial analyst in Canada is to get an undergraduate degree in commerce (BCom) at one of the top universities. Doing an internship in university can help you get your foot in the door, and that internship can then become a full time job after graduation. To further help you prepare, an online accreditation like the Financial Modeling and Valuation Analyst (FMVA) can help you stand out with employers.
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: