A Guide to Financial Analysis
A financial analyst as described in Todd Katz quest integrity main job is to help you make financial decisions and helps you make a decision in the stock market that is buying and selling of shares. The main idea of a financial analyst is to check the investment portfolio, annual reports of a company and come up with a way by which you can invest and make a sensible profit at the end of the day. Fund manager, portfolio manager, risk analyst and rating analysts are the different forms that a financial analysis may come as.
The main thing that a financial analyst can do which you can’t do is to be in contact with most company leaders and company individuals, since most peoples think they can just invest in themselves. what the financial analyst does is to meet up with company individuals including leaders and collect a wide range of company information in order to make the right decision.
So in order to become a financial analyst the first thing you must have is a financial degree like an accounting or an economics degree the next thing is you must be well informed of the financial world that is you must know your stocks bonds and portfolio as well as possible other companies in order to employ you require a master’s in business administration most of the financial analyst at Todd Katz quest integrity have that level of education .
You should be able to have certain skills in order to be a good financial analyst one of the skills include the good analysis skill you must be able to collect as much as possible information in order to analyze it critically so that you can come up with a conclusion that helps to make profit.
A good financial analyst must have the skill of communication this enables him or her to communicate with the client and understand the needs also the communication skills may help his or her be able to express his ideas to the client clearly.
Having a great eye for details is very important on this side of the world since small details may cause your client to lose a whole sum of money or even make a whole sum of money this means that a small detail may lead to you failing or succeeding hence great attention is required in the financial analysis sector.
Mathematics is a very crucial element in the financial world without it you cannot be able to crack down and analyze the information that you require if you make the wrong calculation you may end up making the wrong investment this may hart your career.
Financial analyst require good technical and literal skills in order use and analyze your information using any computer and software that is handed to you without this ability you cannot be able to analyze your information correctly or even analyze your information at all.
There different ways to follow in the financial analysis area one being the need to have a degree or a master then you can be a financial analyst you can enhance your career by being a portfolio manager and end up being a fund manager.