Financial analyst careers can be divided into fourth main paths: banks, corporations, institutions, and accounting firms. Banks include both smaller commercial banks and large global investment banks. They hire position such as investment banking analysts, research analysts, and commercial banking analysts. Corporations are private and public operating companies that often have large finance departments and functions such as treasury, accounting, financial planning and analysis (FP&A), corporate development, and investor relations. Institutions refer to investment firms such as private equity and asset management firms that invest their clients’ money. Accounting firms often have transaction advisory teams that hire financial analysts to advise on mergers and acquisitions (M&A). To learn more, check out CFI’s interactive Career Map.
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: