There are many pluses and minuses of being an analyst. The most common financial analyst pros and cons are listed below.
Pros: Work with important information and data, access to senior management of the company, handling of confidential information, provide recommendations to improve the business, high compensation and salary, ability to earn bonuses and share-based compensation, work with numbers, build interesting presentations.
Cons: Long hours, high level of responsibility (stress), high urgency for most work, extreme attention to detail required, little opportunity to be creative.
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: