Financial Analyst
Occupation Description: Conduct quantitative analyses of information affecting investment programs of public or private institutions.
A Day in the Life of a Financial Analyst
- Determine the prices at which securities should be syndicated and offered to the public.
- Determine the financial viability of alternative energy generation or fuel production systems based on power source or feedstock quality, financing costs, potential revenue, and total project costs.
- 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.
- Forecast or analyze financial costs associated with climate change or other environmental factors, such as clean water supply and demand.
- Purchase investments for companies in accordance with company policy.
- Monitor developments in the fields of industrial technology, business, finance, and economic theory.
Key Skills and Competencies
- Critical Thinking: Using logic and reasoning to identify strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
- Reading Comprehension: Understanding written sentences and paragraphs in work-related documents.
- Active Listening: Giving full attention to what others are saying, asking appropriate questions, and not interrupting inappropriately.
- Mathematics: Using mathematics to solve problems.
- Speaking: Talking to others to convey information effectively.
- Writing: Communicating effectively in writing as appropriate for the audience.
Common Tools and Technologies
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Outlook
- Microsoft Access
- Data entry software
- SAP
- Data visualization software
- Microsoft Project
- Microsoft SharePoint
- Microsoft Visio
- Structured Query Language (SQL)
- The MathWorks MATLAB
- SAS
- Microsoft Dynamics
- IBM Notes
- Microsoft Visual Basic
- Google Docs
- FileMaker Pro
Salary Information (United States)
The average yearly salary for a Financial Analyst ranges between $52,540 and $167,420. Highest salaries are commonly found in New York, California, and New Jersey.