FAQ

What does a Wall Street financial analyst do?

What does a Wall Street financial analyst do?

Securities analysts evaluate securities markets and trends to identify high-yield assets for clients and companies. They may use resources such as bond performance reports, daily stock quotes, market and economic forecasts, and other financial statements and publications.

What should I study 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. Most positions require a bachelor’s degree. A number of fields of study provide appropriate preparation, including accounting, economics, finance, statistics, mathematics, and engineering.

How do I become an investment bank analyst?

The surest path to landing one of these positions is to attend one of two dozen or so highly selective universities, major in finance, graduate at the top of your class and then impress the investment bank recruiters who visit your campus in the fall to fill the seats in the following year’s analyst program. What if you didn’t attend a top school?

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What qualifications do you need to become a financial analyst?

Compared to many high-paying careers, the qualifications to become a financial analyst are much less rigid and well-defined. Unlike law and medicine, no career-wide educational minimums exist. Whether you face any required licensing depends on factors, such as your employer and your specific job duties.

What does it take to get a job on Wall Street?

Plenty of Wall Street CEOs had humble beginnings, went to public schools, beat the odds, and worked their way up the ladder. Here is a look at what it takes for an outsider to make it to Wall Street. College majors often matter when seeking out positions on Wall Street.

Where is the best place to be a financial analyst?

Financial Analyst Job Outlook. However, the profession is most concentrated in Delaware (where many companies are headquartered; New York; Washington D.C.; Connecticut; and Massachusetts. Analysts earn in the most in New York, Wyoming, Colorado, California and Alaska.