Job Description, Daily Responsibilities, and Work Life
Financial Analysts
Financial Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.
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Job Description
Financial Analysts conduct quantitative analyses of information affecting investment programs of public or private institutions. They also inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions.
Other tasks include:
- Prepare plans of action for investment, using financial analyses.
- Evaluate and compare the relative quality of various securities in a given industry.
- Recommend investments and investment timing to companies, investment firm staff, or the public.
- Determine the prices at which securities should be syndicated and offered to the public.
- Present oral or written reports on general economic trends, individual corporations, and entire industries.
- Monitor fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources, or personal interviews.
We asked Financial Analysts how satisfied they are with their job. Here is what they said.
68%
39%
68% of them said they were satisfied with their job and 39% said they find that their job makes the world a better place or helps to make someone else’s life better.
Typical Day At Work
On a daily basis, Financial Analysts recommend investments and investment timing to companies, investment firm staff, or the public. They monitor fundamental economic, industrial, and corporate developments by analyzing information from financial publications and services, investment banking firms, government agencies, trade publications, company sources, or personal interviews.
A typical day for a Financial Analyst will also include:
- Evaluate and compare the relative quality of various securities in a given industry.
- Inform investment decisions by analyzing financial information to forecast business, industry, or economic conditions.
- Monitor developments in the fields of industrial technology, business, finance, and economic theory.
- Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
- Prepare plans of action for investment, using financial analyses.
We asked some Financial Analysts a few questions to find out what else does their work day look like. Here is what we found.
Do you have telephone conversations everyday in this job? | 72% said yes | |
How important is it to work in a team in this job? | 24% said very important | |
Do you have group discussions everyday in this job? | 94% said yes | |
Do you talk or work with customers everyday in this job? | 9% said yes | |
Do you have to deal with angry customers everyday in this job? | 2% said yes | |
Do you have to make decisions everyday in this job? | 30% said yes |
Other responsibilities
Besides their typical day, Financial Analysts also determine the prices at which securities should be syndicated and offered to the public. They may also present oral or written reports on general economic trends, individual corporations, and entire industries.
On a weekly to monthly basis, Financial Analysts Collaborate with investment bankers to attract new corporate clients to securities firms. They might also Purchase investments for companies in accordance with company policy.
In addition, they Recommend investments and investment timing to companies, investment firm staff, or the public.
Although specific duties may vary, many of them Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
To some Financial Analysts, it is also their responsibility to Identify potential financial investments that are environmentally sound, considering issues such as carbon emissions and biodiversity.
Working life
More than 40 hours per week
Regular schedule like a 9 to 5
In a typical work week as a Financial Analyst, you can expect to work more than 40 hours per week.
Is this right for me
The Organizers and The Thinkers
People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas..
They also like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.
You can read more about these career personality types here.
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