Table of Contents
Individuals choosing a career in financial analysis will need to successfully complete a bachelor’s degree to qualify for an entry-level position. Students with a strong background in higher mathematics and business will excel in achieving a bachelor of science in finance. Coursework will include statistics, managerial finance, business laws, investment analysis, ethics, accounting, international business, and marketing.
Many positions require a masters degree in business administration. At this level of education, students typically study advanced theories in business and management and concentrate on one specific financial area, such as international investment or project management.
In addition to a bachelor’s degree or a master’s degree, most individuals pursuing a career in financial analysis need to maintain appropriate industry certification. The CFA Institute offers certification to those analysts who have a bachelor’s degree and four years of field experience. The CFA certification involves two to five years of study and the successful completion of three examinations.
Professional licensure is a requirement for those analysts choosing a career in stocks, bonds, or other legal issues. The Financial Industry Regulatory Authority offers securities licensure for current employees, should their company sponsor them.
What are Financial Analysts like?
Based on our pool of users, financial analysts tend to be predominately enterprising people. Take our career test to see what career interest category best describes you.
Financial Analysts by Strongest Interest Archetype
Based on sample of 787 Sokanu users
Are Financial Analysts happy?
Financial analysts rank among the least happy careers. Overall they rank in the 17th percentile of careers for satisfaction scores.
Financial Analyst Career Satisfaction by Dimension
Percentile among all careers
Education History of Financial Analysts
The most common degree held by financial analysts is Finance. 19% of financial analysts had a degree in finance before becoming financial analysts. That is over 11 times the average across all careers. Economics graduates are the second most common among financial analysts, representing 13% of financial analysts in the Sokanu user base, which is 4.0 times the average.
Financial Analyst Education History
This table shows which degrees people earn before becoming a Financial Analyst, compared to how often those degrees are obtained by people who earn at least one post secondary degree.
|Degree||% of financial analysts||% of population||Multiple|
|Business Management And Administration||13.0%||5.7%||2.3×|
|Marketing And Marketing Research||1.4%||1.9%||0.7×|
Financial Analyst Education Levels
|High school diploma||0%|
How to Become a Financial Analyst
How To Become A Financial Analyst
Financial analysts typically must have a bachelor’s degree, but a master’s degree is often required for advanced positions.
What Do I Need To Be A Financial Analyst?
Financial analysts study investments, such as stocks, bonds and commodities. They then recommend what options to buy, if their clients are individuals or organizations who want to grow their money, or what options to sell, if their clients are businesses that sell investments.