Which Skills Do Financial Analysts Need?

Which Skills Do Financial Analysts Need?
A view of Wall Street in New York City, on Mar. 29, 2020. Chung I Ho/The Epoch Times
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The financial services industry holds a plethora of career options anywhere in the world, and not just restricted to Wall Street. Both public and private sectors have a significant demand for skilled and experienced professionals in fields such as investment banking, insurance, and quantitative analysis.

Such types of work provide comparably high salaries and incentives. However, one of the most coveted professional niches is that of the financial analyst. Here is a breakdown of what the job entails, what you would need to qualify for a job as a financial analyst, and how it is different from other career options in the finance sector.

How Hard Is It to Become a Financial Analyst?

As a financial analyst, one is required to research macroeconomic and microeconomic conditions, and have a comprehensive understanding of the core interests of a company. This should enable an analyst to make accurate predictions about businesses, sectors, as well as various industry verticals.