Analytical skills : Since we are talking

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Qualities required to become a financial analyst
Becoming a good financial analyst requires more than just education and degrees. You also need to have and develop certain essential qualities.

Curiosity : Curiosity about financial issues is obviously an essential prerequisite . To gather as much information as possible, you need to know where to find it and, above all, have the will to explore the media, learn new things, and agree to constantly question your knowledge. This allows you to stay informed, up to date, and better understand the relationships that exist between the different analysis factors.

about analysis, we jordan phone data must of course have a highly developed sense of it. Because collecting information without being able to grasp the links that exist between them is useless. We therefore need an analytical mind, capable of breaking down complex systems of relationships, of pinpointing the strengths and weaknesses of a company, and above all of identifying opportunities to act (and not to act, which is just as essential).

Adaptability and specialization: This is true for most finance jobs, but even more so for that of financial analyst. There are so many fields of activity that to be effective, you have to agree to specialize and become an expert in a field. To do this, you have to know how to adapt to opportunities and not hesitate to question yourself. A company will be much more inclined to hire an analyst who is a specialist in their field of activity (food industry, automotive, etc.) rather than a financial analyst with extensive but disparate knowledge.

Rigor and organization : These qualities are necessary for daily work. Companies that hire analysts expect their calculations to be impeccable, and if they are not exact, at least the analyst can determine the degree of precision with exactitude. It is therefore necessary to be organized and rigorous at all stages, from the collection of information to the analytical report on which the managers' decisions will be based.

Ability to summarize and communicate: The role of advisor of the financial analyst to his employer requires a great capacity for concision and communication. He must indeed condense his analyses and make them easily usable by people who are not experts in finance or economics, but capital managers and entrepreneurs. He must also be able to support his analysis in front of an audience of decision-makers, and, if necessary, answer their questions, at the risk of tarnishing avery important reputation .

What is the salary of a financial analyst?
"Junior" workers, assistants and beginners in financial analysts, have a gross salary of around 30,000 euros per year in France. This basic salary is likely to increase rapidly as the worker demonstrates his qualities, completes his training and asserts the quality of his work. Confirmed financial analysts can hope to exceed the 100,000 euros gross annual mark. This makes the profession very attractive, in addition to the diversity of the work, and explains the fierce competition that rages at the doors of investment companies and banks. Obtaining an MBA in business law or an online Executive MBA in Market Finance is an undeniable asset to stand out from your competitors.

After having had a rich and successful career , some financial analysts decide to become their own boss. They choose the freelance route and work directly for clients. In this case, they set their own rates, and their compensation depends on their ability to sell themselves to their clients and the workload they are willing to accept.

Financial analysts who decide to pursue their career within a company can become financial directors, auditors, management controllers or even financial research directors. The possibilities for advancement are therefore numerous, another asset of this highly sought-after profession. By using their organizational skills, the financial analyst will be able to follow additional training to obtain these promotions and have a great career.