Financial analysts conduct quantitative analyses of information affecting investment programs of public or private institutions.
Skill level:
Highly skilled
Check your Wage
- Salary range for the majority of workers in Financial analysts - from $3,426 to $9,482 per month - 2024.
- A Financial analysts typically earns between $3,426 and $6,589 gross per month at the start of the job.
- After 5 years of service, this is between $3,928 and $7,789 per month for a working week of 40 hours.
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Tasks and duties
- Analyzing financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions
- Maintaining knowledge and staying abreast of developments in the fields of industrial technology, business, finance, and economic theory
- Interpreting data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences
- Monitoring economic, industrial, and corporate developments through analysis of information obtained from financial publications and services, investment banking firms, government agencies, trade publications, company sources, and personal interviews
- Recommending investments and investment timing to companies, investment firm staff, or the investing public
- Determining the prices at which securities should be syndicated and offered to the public
- Preparing plans of action for investment based on financial analyses
- Evaluating and comparing the relative quality of various securities in a given industry
- Presenting oral and written reports on general economic trends, individual corporations, and entire industries
