A financial analyst researches, collects, analyzes and presents financial information to support business decision making at a company. An analyst must be good with numbers, have a high degree of attention to detail, and have a solid understanding of accounting and finance theory. Additionally, analysts often use Excel and PowerPoint as their two main tools for carrying out their analysis. This is the simplest explanation of what a financial analyst job is.
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: