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What do Financial Analysts do? Financial managers oversee the preparation of financial reports, direct investment activities, and implement cash management strategies. Financial analysts, also called securities analysts and investment analysts, work for banks, insurance companies, mutual and pension funds, securities firms, and other businesses, helping these companies or their clients make investment decisions. Financial institutions, such as commercial banks, savings and loan associations, credit unions, and mortgage and finance companies, employ additional financial managers who oversee various functions, such as lending, trusts, mortgages, and investments, or programs, including sales, operations, or electronic financial services. Financial Analyst and Financial Advisor are two of U.S. News and World Report "100 Best Jobs of 2013." Financial Adviser, Financial Analyst, and Business Analyst, Finance/Banking are three of CNNMoney.com "100 Best Jobs in America."
Education and Training: A bachelor's degree in finance, accounting, economics, or business administration is the minimum academic preparation for financial managers. However, many employers now seek graduates with a master's degree, preferably in business administration, finance, or economics. A bachelor's or graduate degree is required for financial analysts. Most companies require a bachelor's degree in a related field, such as finance, business, accounting, statistics, or economics.
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