Many people are thinking about what to do in the future. In fact, with the development of the times, the demand for many occupations will be more and more intense, especially for those that need certain efforts. The demand is large, there are not many people, and the market prospect is very high.
1. What are financial analysts
Financial analysts are people who analyze market trends, the financial situation of a company (or multiple companies) and the expected results of a certain type of transaction, and make business suggestions for the company.
2. Market demand of financial analysts
The employment rate of financial analysts is expected to grow by 16% from 2019 to 2029, higher than the average of all professions.
The expanding range of financial products and the increasing demand for deep knowledge in various geographical regions are expected to trigger strong employment growth for financial analysts.
The demand for financial analysts tends to grow with the growth of overall economic activity. When a new company is established or an existing company expands, financial analysts are required to evaluate investment opportunities. In addition, emerging markets around the world are providing new investment opportunities, and to seize these investment opportunities, the expertise of the market region is needed.
With the development of "big data" and technological progress, the demand for financial analysts is expected to increase. Financial analysts can access a wider range of data and conduct higher quality analysis, which will help companies manage their finances, identify investment trends, and provide new products or services to customers.
3. How to be a financial analyst
As a financial analyst, in order to maintain an effective career, you need to master a series of skills. These skills will give you the ability to perform your duties, and employers will need to see them on your resume when you apply for the position of financial analyst.
Analytical skills require in-depth research and recommendations on investment decisions
Ability to effectively create reports and present findings
Proficient in all kinds of financial data analysis software package
Mathematical skills used to estimate the value of financial securities
Be able to pay close attention to the details of the data
Excellent decision making skills to offer a suggestion (buy, hold, or sell)
An understanding of an alert financial trend