What Does a Financial Analyst Do
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- Опубліковано 17 сер 2020
- WHAT DOES A FINANCIAL ANALYST DO?// Ever wondered what’s included in a financial analyst’s day to day activities? Find out what a financial analyst day in the life is like from a former financial analyst.
While financial analyst day to day work will vary some based on the company and specific position, there are some general themes that cover almost every position especially in roles outside of the finance industry.
This video covers the 4 key activities that make up the day of a financial analyst.
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Just signed an offer for financial analyst at a boutique investment research firm yesterday. Starting on July 5. Wish me luck guys!
Good luck!
How’s it going?
@@natebornagain he hasn’t started yet lol. He starts July 5th
How is it going?
@@Guimavieira I spend like an hour a day in total just waiting for the cap iq plugin on excel to load
Financial analyst and financial analysis could only be explained so well as you done!
Congratulations! I liked and subscribed...
I appreciate your concise summarisation of the general role of a financial analyst.
This was super helpful & informative! Thank you so much!
The work of a data financial analyst sounds interesting my girlfriend in Australia does this work and she explained her job to me today and it sounds interesting
It really helped a lot and this information was given in so simple and nice way! :D
Very concise and comprehensive. Superb presentation! Smart Woman.
This video really helped me. I am currently in High school and I am thinking to take this as a career.
I think you'll love it!! These are skills that will be instrumental in the rest of your career. Many chief executives have an analyst experience. It really helps you separate information and analyze it. Being an analyst early on in your career will be super helpful for you. I wish they would teach it in high school.
Very good! I learned a lot!
I majored in math in college and recently landed a job as a financial analyst. Haven't started yet but I've been watching videos on finance to at least sort of know what to expect. Your video was helpful! But I keep seeing rather vague things like "they look at the past to predict the future", "they analyze a lot of data", "they make reports", etc. and am hoping that my job isn't super overwhelming haha. We shall see
UPDATE: the job I’ve described is actually an “operations analyst” role, so I think it differs from a typical “financial analyst” job. You can probably disregard my whole comment if you’re actually looking for a financial analysis career lol.
I’m still in college trying to find out my path, can you let me more about your position? Also how did you land the Job ?
@@Oregonluver I essentially just applied to every job nearby on Indeed that had titles like "financial analyst", "business analyst", "data analytics", etc. Really any kind of analysis job. Idk if you're interested in majoring in math but I think having a mathematics degree makes you more or less qualified for jobs with analysis/analyst in the title. I still haven't officially started my job, but the description says that I will be maintaining financial instruments such as bonds, loans, derivates, and equities, all within the internal system of the company. Other stuff includes like doing custody trade processing for clients, and keeping track of documents and portfolios among clients.
@@jadedjimmy I know this is private info but does the job pay well ? What is the range to be an Financial analysis… don’t have to say an exact number just maybe the range. I wanted know how much I would be making of the bat as a new employee. Thank you for the reply it was so helpful!
@@jadedjimmy shiii good to know, thanks
@@Oregonluver sorry for such a late reply, so I think that most financial analysts make 40-50k starting out but it can quickly go up as far as I know. Have you made any progress towards getting an analyst job??
Very informative, thank you
This is really interesting. I'm far from an expert but it reminds me of analysis on university thesis
thank you so much. this was very helpful :)
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Help the company run more profitably
Day to day tasks : Research, analysis, forecasting and reporting
Analysis : they're analyzing what happened within the financial of company, how different areas of the company performed.
They look for what happened and why happened
Looking at macroeconomic trends
They forecast the finance of Business
They also recommend what should be fone
I don't mean to ask a stupid question, but couldn't one person just handle all this themselves?
Great Insights....
very helpful!
THANK YOU SO MUCH
I have an interview as a financial analyst and it is new to me. I work as a trading analyst now. Give me tips.
Hi, amazing video
thank you so much
I’m in a situation where I’m almost done with my degree but because I chose to do one of those pay as you go schools I can’t get my degree till it’s paid but I do get a completion letter. My question to is can I land an entry level position while I’m still paying off my degree?
Should financial analysts approach their work with a degree of skepticism? Why or why not?
I’m going for a economics major but hoping to get a job in finance field I love to learn both
Best of luck!
Same!
Hi. Is there any difference between Data Analyst and Financial Analyst?
hey
what coursed would you recommend? I have done AAT LEVEL 2 AND 3.
I am a financial analyst in healthcare, and the way she pronounces the title makes it sound so much fancier 😆 so thank you
Do you like it? I’m thinking about it.
I'm sure that they use a lot of Excel too! :)
Mam is it easy to study finance after bba degree
Hello there!
I am a college student seeking information regarding the Licensed International Financial Analyst (LIFA) course. Would you be able to help me? I would like to know more about the course content, admission requirements, and potential career opportunities after course completion. I am eager to gain a better understanding of the course and its potential benefits. I would appreciate any information you can provide on the matter.
Thank you.
Vivek Jain
Gracias
Please provide more videos on financial analysing. thank you for the great video.
Hello ! I'm going into my undergraduate studies and I was wondering if I could contact a financial analyst about part-time jobs and club opportunities that could be beneficial !
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Good video thank you
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What about Forensic Financial Analysts?
Hi, what job roles could get to work a lot with analysing financial data? Because I’m currently an undergraduate and thinking of taking financial data analysis course in Uni
Take the class. You can get a job as a financial data analyst.
DeQuan Harrison taking it now. Just finished portfolio analysis.
Learn a computer language while you're there. Python, or R. This will give you an enormous advantage
What’s the difference between a financial analyst and data analyst then?
Financial analysts deal with financial data????
@@jacks.4005 correct - data is a very broad term and can relate to anything (sales, products, marketing, ects) Financial data is simply looking at revenue and expenses of the company.
I'm confused. You have been a business analyst, data analyst, and financial analyst?
Do you think being a analyst or an advisor is more rewarding?
Also, correct me if I’m wrong, but are financial advisors more client-based work, whereas financial analyst work is company/firm-based?
analyst are mostly company based
Do you think AI will replace this career?
Can I Job as FP&A Analyst in USA or in Canada,
I Completed US CMA From India and completed my Bachelor's for commerce, I also have 3 year experience under Chartered Account
Malayli aano😌
my dream job but with no background in finance not sure how to get there
Create a background now. Take up local jobs/internships and work your way up. Also, enroll in community college or any similar program.
Dont let anything stop you.
@@XiiMiiWiin good answer
Does becoming a financial analysis help with the stock market, taxes, real state etc...?
Same question here ! Please let me know if you found any answer 🙏
@@UnKnown-dl2yz i found the answer, it’s pointless, they sped over 60 hours a week working on things not related to the stock market, and even if you end up focusing in the stock market as your job you would have spent over 6 years before getting there, or more, i found that the best way is to get income and learn trough traders that teach the stock market. I personally will go and become a radiation therapist, the pay is high and it only takes 3-4 years to become it, in the meanwhile im learning the stock market by ricky gutierrez and other prople, im planing on doing shipt or uber eats so that i can try the stock market before going to study, maybe it works out and i dont have to study at all…
@@alphaone321 I also think there is nothing better than real life experience but since a financial analyst work is to look into the businesses details and figure out it's future performance that kind of competence is going to be so helpful if you're willing to choose best companies to invest in , so I don't think it would be a waste of time
@@UnKnown-dl2yz yea of course, but there are faster ways its what im saying.
@@alphaone321 Keep in mind financial analysts gain pretty valuable experience though. Experience as an analyst is what leads people to becoming CFO's which are some of the highest paid positions there are.
I'm preparing for CFA lv1 11.20211. I'll graduate "International Business with Finance ( topup)" course in Sheffield Hallam University. I want get an 1 - 2 year job in UK before back to my country. I wonder with my profile, I have any chance in this field in UK??? Thanks
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Is financial analysis different from financial data analysis?
no
Didn t you have a Chanel about data science?
Yes
I have job interview for financial analysis next Monday it’s hard for me because I graduated 3 years ago from master of financial analysis and I worked as a self employed in different sector . Any advice for me. Thank you
How it went?🙏
@@Anonymous-wo3fq I received rejection email from them 💔
@@sarahn3935 it’s okay!!! Everything happens for a reason! ❤️❤️❤️🙏
@@Anonymous-wo3fq yeah that’s ok , I’ve health issues maybe that’s the reason behind the rejection.
is financial analyst a management accounting job or is it a finance job? is it related to data analyst?
Very good question, I'm also curious about the answer.
Finance - more similar to data analyst but accounting knowledge helps, as we are just analyzing financial data vs product, sale, or other types of data in an organization.
🤯
Does Financial Analyst job require him to feed numbers in softwares similar to Excel? If yes, what percentage of a financial analyst's day to day job is this?
No - Analyst are mostly pulling data out of databases into excel and using excel to look for trends and patterns to see what went wrong or what went right in the current period (month, quarter & year) - we create dashboards in excel as well to help explain financial data to other people in the organization, typically related to the finances that you would analyze, so that they can understand how their unit is doing overall, good or bad. With this data you can make recommendations on which expenses to potential cut to save money or items they should purchase to be more efficient. It is more of a problem solving role than feeding numbers into a system (that is more on the accounting side). Hope that helps!
As a financial analyst do you personally invest in the stock market?
Yes
Hey Jen,
Great video as always.
I just watched you Remote Data Analyst video and wanted to enquire regarding working as a Data Analyst, but living abroad. I understand that it is almost impossible/unlikely to do this if you live in EU and work for USA. However, do you have any insight on whether it is possible to be employed in one EU country, i.e. UK and then live somewhere else in EU?
Thank you in advance.
Hey Dave - I think within the EU it's a little simpler. However with Brexit that may start making it a little more complicated for someone living in the UK. companies that have their business spread throughout the EU and UK will likely have a better chance of remote work from the UK since they may already have the technicalities of dealing with people in different locations figured out.
@@TheCareerForce Thanks for the reply Jen, would you say that's the same for Healthcare Analysts, or it would be more complicated, because it requires work with more sensitive data?
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How much do u get paid a month?
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Depends what state you're in. I heard average is between 60k to 90k.
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