A company cannot survive without its people, from the ones who guard the safety of the establishment or those who keep the facilities’ cleanliness, to those people inside the offices who are considered the strategic arm of the company. Among the crucial positions are those in charge of the human resources, those who ensure smooth operations, and most especially, those who maintain and keep the financial records on track. Money and the financial status of the company are very important. That is why the right combination of people must be placed there and entrusted with great responsibility. One of these people is the junior financial analyst. Being a financial analyst means many probable job opportunities and long-term career prospects. They are responsible for creating and planning future investments and allocation of the company’s resources. So if you are interested in becoming a junior financial analyst, then you should be aware of the necessary requirements to land that dream job.
Most people are not aware of the different courses that can lead to becoming a junior financial analyst. Courses that involve Math and the like are often linked to this profession. Business and accounting, statistics, economics and business math are undergraduate courses that may be good if you want to become a financial analyst. Aside from these courses, graduate schools also offer advanced degrees for further career advancement and the most famous of them all is the Masters in Business Administration (MBA). Some prefer taking the prestigious Chartered Financial Analyst (CFA) program, which is perfect in making you understand deeper the principles of accounting and investment. But bear in mind that the requirements do not end in the courses alone. Confidence, hard work and good communication skills are essential in making a good junior financial analyst.
Looking for schools that offer the above-mentioned courses is not that difficult. Many universities and colleges provide curricula with those courses in it. The United States and Europe, specifically London, offers a wide variety of courses that involve statistics, accounting and economics. The CFA, coupled with the MBA, are the best developmental courses that will help hone your skills further and prepares you in dealing with financial issues, trends, analysis and other events.
Research studies show that the need for financial analysts, and other related professions are growing faster than any other role. Annually, the need for a junior financial analyst will grow up to at least 40% based on recent studies. This means that the people who are interested in becoming a part of the financial industry would have a very bright future and are assured of job security.
In summary, to become a financial analyst, you need to take the right courses and programs. These programs should consist of subjects such as accounting, statistics, business math and the like. Do not forget that possessing self-esteem, good communication skills, rapport, and the ability to handle stress and pressure also come in handy if you want to belong and last in this industry. These are basically the skills you need to become successful in this profession.