Pros and cons of the profession of an analyst. The profession of an analyst - what he does, where to study, types of analytics. a. Basics of architecture

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Information has long been an integral product of market relations. Its presence or absence is decisive in the course of business negotiations or transactions. But acquiring information is only the first stage. The important thing here is to analyze the facts obtained and extract the necessary data. This work is a rather complicated process. Only a qualified specialist can handle it. He is called an analyst.

Description of activities

An analyst's activity is both operational work, where the main criterion is the time spent, and work with projects, where forecasting and planning of research play the main role. Naturally, to work with large amounts of information, you need a good knowledge of the mathematical apparatus, programming and testing. Analysts have jobs everywhere. This is a bank or financial corporation, fuel and energy complexes, public and political organizations, systems analysis enterprises, educational institutions.

Wage

average for Russia:average in Moscow:average in St. Petersburg:

Labor responsibilities

All work of an analyst is a sequential chain of actions. So, initially, he works out the received data in detail. Then he puts forward theses and assumptions, with the help of which further work will be carried out. Further, there is a thorough check, supported by justifications and design, methodological work. As a result of the work, the analyst comes to a certain conclusion, which is appropriately drawn up on paper and agreed with the management.

Features of career growth

As long as the society is dependent on information, the demand for such specialists will remain. An analyst's career growth will depend on the capabilities of the firm or enterprise where the specialist works.

Financial analyst is a profession of an economic profile. Usually a specialist is an expert in market processes and is able to competently use trend changes. The analyst calculates the possible risks and profitability for a specific player in the market. He is also involved in investment consulting and securities valuation. The employee's direct responsibilities include possession of financial management and the ability to use microeconomic and macroeconomic tools. Often in the requirements employers indicate the desirable possession of specialized programs: Excel, SQL, SAP.

Personal qualities

For a financial professional, an analytical mind is important. Mindfulness and perseverance will facilitate the work on reporting. The large amounts of information that the analyst has to work with requires good memory. It should be borne in mind that the specialty involves constant development in the professional field and possession of relevant information. A prerequisite for employment is conversational English proficiency.

Where to study for this profession

If you want to become a financier, the applicant needs to focus on the following undergraduate programs: "Economics", "Economics and Statistics", "Finance and Credit", "Accounting, Analysis and Audit". For admission, you will need the results of examinations in Mathematics (profile), Russian language, Foreign language, Social studies.

At a higher educational institution, the student will get acquainted with basic macro- and microeconomics, the history of economic studies, a number of mathematical disciplines. The first courses will also be diversified in the subjects of the general cycle. The third and fourth years of study will be supplemented by corporate finance, econometrics. Several years of study are compulsorily accompanied by the teaching of professional English. In some cases, language pairs represent preparation for international exams for the subsequent receipt of a certificate.

Examples of universities:

Pros and cons of the profession

Pros:

High profit payment;

Demand in the labor market;

Attendance at professional seminars and trainings is often paid by the employer.

Minuses:

Sedentary work in a sitting position;

Possible stress;

Monotonous work with numbers;

High responsibility when working with financial assets;

Irregular working hours during reporting periods.

Career. Places of employment.

Financial analysts are required in large corporations, banks, small firms. Service in government agencies is possible: ministries, statistical centers, departments. Taking into account the relatively recent emergence of the profession, the age category of specialists is 25-35 years old. The starting salary is 40 thousand rubles. Career growth, with corresponding pay increases, is achieved through internationally recognized refresher courses and work experience. In addition, some organizations offer junior and senior financial analyst jobs. It is also possible to work remotely for a financier. For example, on the pchel.net freelance exchange, you can periodically come across projects where you need help or advice from a financier.

Related professions

Due to the lack of a clear definition of the specialty, economist, auditor and tax inspector can be considered related. The difference lies in the narrower specialization of a financial analyst, which mainly involves working with large amounts of data.

The system analyst profession is one of the modern spheres of activity, which includes solving organizational problems using systems analysis. It is impossible to describe this profession broadly.

A systems analyst in the IT field most often deals with the tasks of process automation. He collects information from all participants in the production process, processes it and thoroughly describes the functionality of the software. In general terms, the systems analyst is responsible for the technical formulation of the software development problem.

A specialist is required to have knowledge in the field of information technologies, management, economics and the field of activity of the company for which the tasks are being solved.

Places of work

Now the position of a systems analyst is in great demand in organizations dealing with projects in the field of information technology:

software developers and integrators;
consulting companies;
large financial institutions;
telecommunication firms.

History of the profession

The profession in Russia emerged quite recently. Its appearance is directly related to the increased demand for process automation in large firms. Business needs have created a demand for all sorts of professionals: programmers, IT architects, consultants, business analysts and systems analysts.

Responsibilities of a system analyst

Here is a list of the roles of a Systems Analyst:

collection, analysis and documentation of requirements (interviewing customers);
interaction with customers and subject matter experts;
development of technical specifications (TOR) and setting tasks;
building the necessary models, algorithms, prototypes;
design of software and complex systems;
coordination of software development, testing, acceptance and implementation;
testing and elimination of errors in software development.

Also, the functions of a systems analyst can include programming and working with databases.

System analyst requirements

The list of basic requirements for a systems analyst includes:

higher technical education (preferably in the field of information technology);
work experience in the specialty for at least one and a half years;
proficiency in English;
knowledge of PC at a high level.

Sometimes additional requirements are put forward:

knowledge of notations IDEF0 ‚IDEF1X‚ EPC;
experience with SAP;
knowledge of modern web technologies (for example, SOAP, ASP.NET);
ability to compose SQL queries and work with databases.

Resume sample

How to become a systems analyst

In order to become a systems analyst, you need to have a higher education in the field of IT or economics. However, effective work requires experience and understanding of the principles of automating the activities of companies. For this reason, the career of an analyst usually begins with a consultant or programmer.

System analyst salary

The salary of a system analyst consists of a fixed salary and bonuses paid upon completion of certain stages of the project. The level of earnings of specialists varies from 50 to 150 thousand rubles per month. The average salary of a system analyst is 70 thousand rubles per month.

Today, no one will refute the fact that the life of modern society is inextricably linked with a huge flow of information, the entire volume of which not a single person can fully perceive. And we would have drowned in this sea of information a long time ago, if not for the representatives of the analyst profession, who took the trouble to process all the available data.

Today, no one will refute the fact that the life of modern society is inextricably linked with a huge flow of information, the entire volume of which not a single person can fully perceive. And we would have drowned long ago in this sea of information, if not for the representatives analyst profession who took the trouble to process all the available data.

In other words, the analyst is exactly the person to whom all information flows and who knows how to work with it. Well, since information is a product that has value only as long as it is fresh, analysts have been and will be in demand wherever the relevance of information is of paramount importance. Immediately, we note that analytics refers to rather specific areas of activity, therefore, only those people who have a certain set of personal qualities, skills and knowledge can work in this area. But what an analyst should be able to do, and what are the features of his work, we will tell in this article.

What is an analyst?

A highly qualified specialist who conducts analytical research, summarizes the information received in a specific field of activity, is fluent in various methods of analysis, and is also able to predict processes and develop development programs.

The name of the profession comes from the ancient Greek άναλυτικά (the art of analysis), which fully reflects the main essence of the analyst's work. Despite the fact that the profession of analyst is considered to be relatively "young", the first works on analytics appeared in the 4th century BC (Aristotle's First and Second Analytics). However, the first analysts were mainly concerned with history and universal human issues.

Modern analysts, on the other hand, process information relating to all spheres of the life of society, and deal mainly with numbers. That is why today there are several narrow specializations of this profession, depending on the field of activity: financial analyst, business analyst, investment analyst, systems analyst, web analyst, marketing analyst, etc.

Responsibilities of the analyst represent a chain of sequential actions:

collection and primary processing of data;
drawing up certain assumptions and theses;
analysis and verification of information;
development of projects and methodological works, supported by clear justifications;
formation of conclusions and an analytical report on the work done.

In other words, the professional duties of any analyst, regardless of the field of activity, are aimed at collecting, evaluating and analyzing information, with the subsequent development of practical recommendations for improving the work of an enterprise or organization, taking into account the current market situation.

What personal qualities should an analyst have?

Since the work of an analyst is directly related to the study of a large amount of information, it is impossible to imagine this specialist without such personal qualities as attentiveness, pedantry and meticulousness. In addition, such personal qualities as:

Analytical mind;
persistence;
good memory;
developed intuition;
sociability;
accuracy;
the ability to work with large amounts of information;
observation;
patience;
perseverance;
a responsibility;
creativity.

The list of professional knowledge and skills required for an analyst to work necessarily includes: knowledge of various methods of analysis and the basics of statistics, skills in working with specialized software and electronic databases, as well as absolute knowledge of mathematics and the ability to draw correct conclusions.

The benefits of being an analyst

Analysts are considered to be "nerds" who pore over papers all day and constantly study, analyze, research and systematize something. That is, in the minds of ordinary people, the work of analysts is boring and monotonous. But even the seeming unattractiveness of such work cannot "cross out" advantages of the profession of analyst, of which, by the way, there are quite a few. Of course, we cannot list everything, so we will focus only on the main ones.

First, analysts are in demand in the modern labor market like no other profession. Moreover, employers are ready to pay quite decent money for their services (the average salary of an analyst in Russia today is about 60-70 thousand rubles).
Second, the analyst's job is actually very diverse. After all, new information appears almost every minute, and for a person keen on their business, the search for the necessary data can be an exciting and interesting activity.
Thirdly, flexible working hours and the ability to carry out professional activities both in the office and remotely (that is, without leaving home). At the same time, the specialist decides for himself whether he will work in the company's staff or whether he prefers the option of working as a "free" employee who provides services on a contractual basis.

And most importantly, in the process of work, the analyst communicates with a large number of very different people, mainly from the management staff of companies and organizations. Therefore, over time, he acquires "useful" acquaintances that can be used both in professional activities and for solving personal problems.

Disadvantages of the analyst profession

If we talk about disadvantages of the analyst profession, then, first of all, it is necessary to note the fact that quite often the management of companies does not have a very positive attitude to those innovations that the analyst proposes to introduce. Therefore, a specialist has not only to do his job, but also to prove the correctness of his conclusions and the effectiveness of the proposed methods of enterprise development.

The disadvantages also include irregular work hours and the need to spend most of the working time at the computer. The latter, by the way, can negatively affect the vision of a specialist.

It should be said that analysts without work experience experience some problems with employment. Indeed, the development of the company largely depends on the professionalism of the analyst, therefore the management prefers to entrust the analysis of the current situation on the market to experienced specialists who have managed to prove themselves only from the positive side.

Where can you get the profession of an analyst?

To those who dream get an analyst profession, first of all, it is necessary to determine the direction of activity, since the choice of an educational institution depends on this. A future financial analyst will be able to obtain the amount of knowledge necessary for work at a financial institution or university, and an IT analyst at a technical university.

Unfortunately, specialized universities that specialize in the training of "universal" analysts do not exist in Russia today, so young specialists must first study the features of the market that interests them the most, and then gain knowledge in the field of analytics by self-study. Another feature of obtaining the profession of an analyst is the need to gain practical experience before starting an independent activity. Therefore, after graduation, a university graduate will have to work as an intern with an experienced specialist for some time.

With the development of business in our country, many owners and managers of companies are thinking about the need for professional employees who could competently optimize the use of financial assets.

Therefore, the profession "Financial Analyst" has become in demand.

What does this specialist do and what is his role in the success of the organization.

Financial analytics is hard and responsible work that requires deep knowledge and skills in the field of economics, accounting and financial reporting, the ability to analyze and predict both fundamental market movements in general and the internal processes of the company itself.

So, work in highly stressful conditions with constant stress and a load of responsibility requires a person to have a lot of emotional and mental stability.

Read more about the profession in the article.

Who is a financial analyst, what does he do

In a narrow sense, an analyst is a specialist, an employee of a firm, a bank, who owns the method of economic analysis, who conducts such an analysis.

Or a slightly different definition: an analyst is a specialist trained at the level of international requirements for systematic analytical work on assessing and forecasting the financial position of an organization, the state of the stock market, analysis of socio-economic and demographic phenomena at the municipal, regional and federal levels.

Also in the field of economics, there is a financial analyst (or a trader - a specialist in securities). A financial analyst is a specialist in a specific market sector whose duties include researching issuing companies and making recommendations for buying, selling or holding shares.

But what can an analyst do? There is no need to create the illusion that the newly minted analyst will be entrusted with making forecasts and will be allowed to travel to seminars at the expense of the company. Most likely, for the first few years you will be sitting with an Excel database, making summaries, consolidating data for different periods, checking calculations, your own and others', etc.

It is possible that you will often have to go on business trips and perform all sorts of boring, but necessary routine tasks, but this is experience, practice, and development of skills. Real analytics and forecasting begins in the next step. Practice shows that a fairly large percentage of young specialists move to another job after the first two years.

An analyst must have a number of qualities:

accuracy
scrupulousness
ability to work with large amounts of data
leadership skills
learnability
Analytical mind

To begin with, an analyst will only need a higher education, but then it is desirable to complete a master's degree, and ideally an MBA program, and finally - it will be necessary to regularly attend seminars, trainings and refresher courses. In terms of work, the analyst can work in various large companies in different sectors of the economy.

Source: "humeur.ru"

Acquaintance with the profession of "financial analyst"

The vacancy "financial analyst" appeared on the Russian labor market relatively recently. In this connection, not everyone clearly understands what the meaning of this profession is. Quite often, financial analysts become traders and, on the contrary, traders move to the "camp" of financial analysts.

In this article, we will consider the main components of the work of an analyst of world financial markets, as well as find out what knowledge and professional skills you need to have in order to qualify for the title of financial analyst.

Financial analyst by definition

To begin with, let's deal with the very concept of "financial analyst". It should be noted that within the framework of this article, the phrases "financial analyst" and "analyst of world financial markets" will be used synonymously. Until now, a unified and clear definition of this profession has not yet developed, not only in Russia, but also in countries with developed market economies.

The most widespread definition was given by David Damant, ex-president of the European Federation of Societies of Financial Analysts (EFFAS): “The name of the profession includes the word“ analyst ”, to which various definitions are added:“ financial ”,“ investment ”,“ analyst of the securities market ” and etc.

However, all definitions are based on the fact that a specialist of this kind analyzes securities and the activities of the companies that issue them.

Within the framework of these functions, a financial analyst must analyze the economy as a whole, since the macroeconomic environment has the most direct impact on the activities of companies, the state of a particular industry, the peculiarities of the activities of a particular company in the market. "

Glossary.ru interprets the concept of "financial analyst" as follows: "A financial analyst is a specialist in a specific market sector, whose duties include researching issuing companies and making recommendations for buying, selling or holding shares."

The above definitions largely limit the scope of the financial analyst to the stock market. To some extent, this is certainly justified, since the stock market is the most important component of the world financial market.

However, in addition to the stock market, the world financial market also includes the foreign exchange market, commodity markets and the money market (loans and borrowings).

Therefore, it is advisable to expand the considered definitions. An analyst of global financial markets is a specialist in the stock, foreign exchange and commodity markets.

A brief excursion into history

It must be said that the profession of financial analyst is one of the youngest not only in Russia, but in the whole world. The first specialists in the analysis of securities began their activity in 1928 in Chicago. However, until the end of the Second World War, the profession of "financial analyst" had not yet received a clear content and public recognition in any country, including the United States.

Financial analysts as such appeared only in the 50s of the XX century. So, in 1955, the British Society of Investment Analysts was founded, which later became the Institute of Investment Management and Research.

What is the job

So what is the job of a modern financial analyst? The process of analytical work itself can be conditionally divided into several stages:

First, a financial analyst collects all the necessary information, monitors the market, identifies the main trends.
Further, the collected materials are systematized. The analyst highlights the most significant economic indicators, and also monitors important events that can lead to serious changes in the market.
The most crucial moment is making forecasts. The accuracy of the forecast largely depends on the quality of the work done earlier, on how complete and reliable the information collected was, and how accurately the key aspects were identified and taken into account.

In order to get a more specific idea of what a financial analyst does, we list the following main areas of work of such a specialist. These are, first of all:

monitoring the macroeconomic situation in the world economy;
analysis of financial performance of companies and assessment of the effectiveness of their management;
tracking the main trends and sentiments in the markets;
investment consulting;
information and analytical support;
preparation of current analytical reviews (daily, weekly, etc.);
preparation of forecasts and recommendations for trading and investment portfolio management;
publication of materials in periodicals and on the websites of news agencies.

Highly qualified standards

The following components of a qualified financial analyst are distinguished:

a high level of knowledge of the economy as a whole;
knowledge of accounting and financial reporting;
the ability to apply an integrated approach to the analysis of the object under study (both the market as a whole and a specific investment object);
possession of tools for fundamental and technical analysis of markets;
understanding the mechanisms of action of a particular market.

There are international standards for assessing the professional level of financial analysts. National communities of analysts unite in international organizations and develop common standards for all member countries of these organizations.

Since 1962, the European Federation of Societies of Financial Analysts (EFFAS) in European countries has been certifying analysts for the pan-European qualification Certified European Financial Analyst - CEFA, and the Asian Federation of Securities Analysts (AFSA) has also developed a general standard for the training of investment analysts for its member countries.

In 2000 the international qualification for investment and financial analysts “Certified International Investment Analyst - CIIA” was established. At the moment, the CIIA qualification is one of the most respected in the world.

The above-mentioned European and Asian federations of analysts took part in its creation, which together unite specialists from 32 countries of Europe, Asia and Latin America. The Association of Certified International Analysts (ACIIA) was established by its developers to carry out certification for CIIA qualifications.

Since 2001, the process of implementing this certification has spread throughout the world. CIIA came to Russia in 2002. The main task of ACIIA is to conduct exams, and in case of successful passing, the awarding of the qualification "Certified International Investment Analyst".

In order for a candidate to be awarded the international CIIA qualification, he must pass the general and national exams, and the general exam consists of two levels.

In Russia, the professional community of financial analysts is represented by the Guild of Investment and Financial Analysts (GIFA).

GIFA is the only representative of Russia in ACIIA, as well as in the European Federation of Societies of Financial Analysts (EFFAS). One of the main goals of GIFA is to improve the professional level of investment and financial analysts in Russia and to promote their professional certification in accordance with international standards. GIFA is authorized to conduct CIIA qualification examinations.

Primary requirements

After examining a number of ads posted on the websites of recruiting agencies, we came to the conclusion that the main requirements for the “financial analyst” vacancy are:

higher education in economics or finance;
work experience in a similar position from 1 to 3 years;
computer knowledge;
fluency in English;
analytical mind and striving for continuous professional growth.

Employers tend to give preference to young, active professionals between the ages of 25 and 35, although age, of course, is not a determining factor.

Today, positions in the financial services sector are the second most popular (in the first place - positions in the field of telecommunications and IT-technologies) in the Russian labor market.

The demand for this kind of specialists significantly exceeds the supply. In this connection, employers are increasingly softening the strict boundaries of their requirements, especially for the presence of certain work experience.

In Russia, financial analysts usually work in investment and financial companies, banking structures, consulting and brokerage firms, economic publications, as well as in large corporations and government regulatory bodies.

How to become a financial analyst

Among the higher educational institutions that provide good training in the field of economics and finance, experts distinguish:

Russian School of Economics,
Higher School of Economics,
economic branch of Novosibirsk University,
MGIMO,
Financial Academy under the government of Russia,
Moscow University of Economics, Statistics and Informatics (MESI),
State Institute of Management,
Russian Academy of Economics. Plekhanov and some others.

A diploma of higher education, of course, is a prerequisite for becoming a highly qualified specialist in the field of finance. However, a diploma of graduation from an economic university is not a guarantee that a specialist is capable of doing financial analysis at a high level.

As a rule, people get the necessary qualifications already directly in practice, when working in banks and financial and investment companies. An additional plus is the international certificate in the field of financial analysis.

In Russia, the CIIA international qualification of investment analysts, as well as the analytical degree of Chartered Financial Analyst (CFA), are the most widely used.

In conclusion, I would like to state that in recent years, the formation of the stock market and the development of financial institutions has been going on in Russia, and this leads to an increase in the need for financial and investment analysts. However, in our country so far we can only talk about the emergence of financial analysis and a very small number of specialists in this area.

In this connection, the specialty of financial analyst in Russia seems to be very promising and requires the active involvement of young highly educated personnel ready for continuous improvement and raising their professional level.

Source: "rfc-spb.ru"

Description of the profession

Financial analyst is one of the most popular professions. These specialists are needed in various fields of activity, despite the fact that their profession is considered relatively young.

The person who chooses this field of activity will research the issuing companies and prepare recommendations for buying, selling or holding securities. In fact, they perform very important functions, since the success of the organization or the person for whom he works depends on their advice. The slightest mistake can cost you your reputation or your career.

If we talk about the history of the financial analyst profession, then it has recently appeared not only in our country, but also abroad. For the first time, these specialists began to provide their services in Chicago. This was in 1928. Then it only began to emerge, and was not fully formed.

These specialists received recognition only after the Second World War. The demand for the services of these specialists has increased dramatically since the establishment of the British Society of Analysts. We now know this organization as the Institute for Investment Management and Research.

The activities of a specialist in the field of economics and finance are closely related to the analysis of certain information. Its work can be divided into several stages:

The specialist is given a clear task.
Then he is looking for information that will answer all the questions posed by the customer.
In the course of work, he analyzes the market, identifies trends in its development.
The specialist systematizes all the information received, notes the most important economic indicators. The most critical part of an analyst's job is making predictions.

It is extremely important to do everything right here, because customers can lose a lot of money due to a mistake. A good financial analyst must have a top level knowledge of economic disciplines.

It is extremely important to have the skills to analyze development trends and changes in the market, to understand the mechanisms of operation of a certain market niche. Also, the work cannot do without knowledge of financial reporting and accounting.

Where to study and what specialties

You can get an analyst education in the following higher educational institutions:

National Research University Higher School of Economics. It offers training in the specialty "Economics".
Russian New University (major in Economics).
National Research Nuclear University "MEPhI" (specialties: "Mathematical Methods in Economics", "Finance").
North-Eastern Federal University named after K.M. Ammosov (specialty "Economics).

You can also choose a suitable university for yourself in the sections "Economics Universities of Moscow" and "Economics Universities of St. Petersburg".

What do you have to do

Financial analysts have a pretty busy schedule. Their responsibilities include:

monitoring trends in the global market,
analysis of financial performance of commercial organizations or enterprises,
analysis of the effectiveness of company management,
investment consulting and information support,
making forecasts and recommendations.

In some cases, publication of materials in the media is required. Responsibilities are determined by the employer, taking into account the specifics of the activities of his organization. So they can be very different.

Financial analysts can work in various fields of activity. Based on this, its specialization is determined:

Such specialists successfully work in financial and investment companies, in banking organizations.
They are also indispensable workers in government regulatory bodies.
They are needed in large corporations and stock exchanges.

Good financiers can be people who:

have analytical skills,
have excellent RAM,
are distinguished by tolerance and attentiveness.
The work of this specialist requires perseverance and the ability to bring his job to the end.
Deep knowledge of economics and accounting is important.
Financial analysts must be able to select and synthesize information, organize it, and convey it to the client.

So, if you want to become a good professional, it is important to have all these qualities.

Demand

We have already said above that the profession of financial analyst appeared relatively recently. Of course, the specialty did not immediately receive great recognition, but it is becoming more and more relevant.

According to forecasts, in a few years, the profession of analyst in the field of economics and finance will be at its peak. So if you have the ability and desire to work in this area, you can safely associate your professional activities with it.

Analysts in the field of economics and finance are quite highly paid specialists.

But again, the salary of such workers depends on several factors:

Firstly, it is regional affiliation. In large cities of Russia, the highest wages are determined - from two thousand dollars and more.
Secondly, the level of training and knowledge of a specialist affects wages.

If you are lucky enough to get a job in a large corporation, then you have every chance of getting a lot of money. Good financial analysts have every chance to build successful careers. This is not surprising, since the activities of these specialists are closely related to finance and capital gain. If you succeed in establishing yourself as one of the best specialists, then a successful career will be guaranteed.

In the past few years, the services of financial analysts have become more and more relevant. Since many companies and individuals are focused on increasing their capital, these specialists will receive even more recognition. The owners and managers of companies realized that experienced financial analysts would help to effectively increase capital, and therefore this profession would become even more in demand and highly paid.

Source: "edunews.ru"

Financial analyst

A financial analyst is a specialist in the financial field who analyzes the economic performance of an enterprise and then issues recommendations for planning financial activities and improving their efficiency.

Salary: 40,000-60,000 rubles. (rabota.yandex.ru).
Place of work: Private and municipal enterprises, consulting companies.

Responsibilities

A financial analyst analyzes the activities of a company, studies economic indicators, financial information. The data obtained is used to make management and investment decisions.
The specialist can influence the decision-making process when concluding contracts, is preparing a recommendation on the best time to carry out the "sale and purchase" operation.
The analyst studies the main market trends, controls the company's finances, assesses financial risks, does research and prepares financial reports.

Important qualities:

perseverance,
attentiveness,
accuracy,
persistence,
patience,
Justice,
the desire to see things through to the end,
purposefulness,
desire to constantly develop.

Reviews about the profession

“A financial analyst is the person who foreshadows the“ weather ”in the market and gives his predictions about where the wind is blowing and how to hedge against the“ rain ”.

Education

To become a financial analyst, you need to get a higher education in economics. You can study in St. Petersburg at the following universities:

Saint Petersburg State University,
St. Petersburg University of the Ministry of Internal Affairs of the Russian Federation,
Saint Petersburg State Polytechnic University,
Saint Petersburg State University of Economics,
Institute of Management.

Source: "opis.pro"

Financial analyst

Specialties of HPE: "Finance and Credit" (080105), "Economics" (080100), "Accounting, Analysis and Audit" (080109).
Related professions: Auditor, tax inspector, economist, financier.
Areas of professional activity: Management, Finance, Economics.

Classification of the profession

On the subject of labor: a financial analyst works with numbers, formulas and tables, this makes it possible to classify the profession as a "Person - Sign system".
Purpose-based: exploration.
By means of labor: manual.
By working conditions: work in "room" conditions.
Profession class: creative (heuristic).
By the nature of work, the profession of financial analyst is associated with analysis, planning, organization and management, design, non-standard decision-making, requires independent original thinking.

Description

A financial analyst is a specialist who analyzes the financial activities of an enterprise and gives recommendations on planning and improving its economic efficiency.

The main activity of a financial analyst is related to the analysis of financial performance indicators of enterprises, comparison of performance with competitors and the development of recommendations for improving performance indicators.

The main duties of an employee include:

analysis of the organization's activities;
analysis of financial information to predict economic conditions for further use in making investment decisions, to calculate future income and expenses;
analysis of the feasibility of concluding contracts;
collection of economic, legal and industry information, as well as financial statements of the company;
financial research;
assessment of the level of financial risk;
control of the company's finances;
preparation of recommendations on investment time and purchase and sale operations;
preparation of financial statements;
tracking the main trends of the market development.

Requirements for the individual characteristics of a specialist

A financial analyst must have such personal qualities as:

perseverance,
patience,
persistence,
a responsibility,
"Pedantry" at work,
honesty,
accuracy,
emotional and mental stability,
Justice,
purposefulness.

The professionally important qualities of a financial analyst include:

high level of mathematical ability;
ability to analyze, synthesize, generalize information;
the ability to engage in a certain type of activity for a long time;
the ability to quickly move from one type of activity to another;
good development of short-term and long-term memory;
high noise immunity;
personal computer skills;
knowledge of English at a high level.

Medical contraindications that prevent working as a financial analyst include:

diseases of the nervous system;
vegetative-vascular dystonia with severe headaches;
hypertension;
severe diseases of the visual system.

Professional training

A financial analyst should be well aware of:

economic theory,
fundamentals of macro- and microeconomics,
legislation,
regulating financial activities,
accounting (financial and management),
financial statements,
analysis of economic activities,
taxation, business and commercial law,
quantitative economic and mathematical methods of analysis and statistics for commercial activities,
operational management and strategy, Western financial reporting standards (GAAP, IFRS (IAS)) and Russian standards (RAS).

A financial analyst should be able to:

conduct research in the field of economics and finance, statistics;
analyze the financial and economic activities of the enterprise;
monitor financial performance;
predict the market situation;
draw up business plans, develop investment projects;
advise the company's management and top management on making financial decisions;
use specialized financial software products;
conduct negotiations, conferences and seminars.

The financial analyst profession is in demand. Specialists of this profile can work in large enterprises, in banks, brokerage companies, economic magazines.

Working conditions

A financial analyst can work independently or in a team. He spends his working day indoors, mostly sitting.

The financial analyst uses:

manual tools (pen, pencil),
modern technical means (stamp equipment, duplicating and other office equipment),
personal computer with Internet access,
means of performing computational operations (calculators, personal computers),
communication facilities (telephone, fax).

The workplace should be well lit.

Working conditions at the workplace of specialists with disabilities must correspond to the individual rehabilitation program for a disabled person, developed by the bureau of medical and social expertise (in the presence of a disability).

The design of all elements of production equipment and the organization of the workplace must correspond to the anthropometric, physiological and psychological characteristics and the limited abilities of working disabled people.

There is no special form for financial analysts.

Professional risks

Working posture - sitting position. Prolonged exposure to this position can lead to illnesses accompanied by pain in the back and neck.
Constant work with a computer can cause diseases of the visual system.
In addition, work in constant stress, in a stressful situation, often causes fatigue, neurosis and depression. During the reporting period, the working day of the financial analyst is not standardized.

Required professional education

To become a financial analyst, you need to obtain a higher education in economics or finance.

Institutions of secondary vocational education:

Volokolamsk College (technical school) of law, economics and security;
Stupino Aviation Metallurgical College named after A.T. Tumanova;
Orekhovsky Industrial College.

Institutions of higher professional education:

Russian Academy of Economics named after G.V. Plekhanov;
High School of Economics;
Russian School of Economics;
Moscow State University named after M.V. Lomonosov;
Moscow State Regional Social and Humanitarian Institute;
Moscow State Regional University;
International University of Nature, Society and Man "Dubna";
Moscow State University of Instrument Engineering and Informatics. Branch in Chekhov.

Career

The career growth of a financial analyst is associated with professional development. Knowledge of a foreign language and international financial reporting standards, new versions of computer programs increase the chances of building a successful career.

The professional growth of a financial analyst assumes a managerial career, when a specialist, gradually improving, can be promoted to the position of financial director of an enterprise.

Source: "my-orientational.rf"

Financial analyst profession

A financial analyst deals with:

analysis of the financial activities of the organization;
analysis of trends and changes in the economy;
financial forecasting at the organization level;
financial advice (eg accounting, cost reduction);
preparation of financial statements.

Places of work: Auditing companies, Banks, Commercial companies.
Salary, entry level: 30,000 rubles. - 50,000 rubles. Advanced level: 50,000 rubles +, depending on the place and work experience.

Will it suit me

Necessary interests:

economics and finance;
maths;
jurisprudence and law (especially taxation, commercial and business law);
English.

Required personality traits:

analytical thinking;
critical thinking;
attention to detail;
a responsibility;
good communication skills;
teamwork skills;
stress tolerance;
ability to learn throughout life.

Difficulties are possible if not ready:

to a high degree of responsibility;
work with a large amount of information;
if necessary, to irregular working hours.

If you want to change something, you can become:

investment analyst;
economist;
an appraiser (you need to obtain a CPO appraiser certificate);
auditor (you need to obtain a CPO auditor certificate);
compliance manager.

Qualification

Higher education in economics and finance, financial management.

It is desirable to obtain a CFA (Chartered Financial Analyst) certificate.

Duration of training:

Specialty (5 years);
Bachelor's degree (4 years);
Master's degree (2 years).

Subjects required for admission to a university for higher economic education (Economics and finance, financial management):

maths;
Russian language;
Social Studies;
foreign language.

Source: "intalent.pro"

What does a financial analyst do

Relatively recently, such a profession as a financial analyst has appeared. The emergence of the profession has accompanied the development of various agencies and enterprises that are engaged in economic diagnostics, as well as forecasting of commercial enterprises.

It should also be noted that the emergence and development of the profession was facilitated by the fact that for almost every start-up company that wants to succeed, it is necessary to have financial statistics with you, which will allow the company to correctly distribute funds, as well as help to create anti-crisis plans in advance. It is because of this that the profession of a financial analyst is widespread in our time.

However, it should also be noted that thanks to a competent specialist in this area, it is possible not only to successfully maintain a business, but also to develop it, which is very important for those who decide to open a serious enterprise. The responsibilities of a financial analyst include thinking in advance of the most profitable financial decisions for a firm, as well as calculating the benefits of a particular firm's contributions.

With the help of an analyst, you can save quite a lot of money, while not risking losing the company's earnings. All this is possible through the study of marketing strategy, as well as through the study of all the strengths and weaknesses of the company.

But it should be remembered that the analyst must, first of all, work with the documents of the company, calculating its profits and losses, but for this the financial analyst needs to provide a number of documents, without which his work will be impossible. It should also be said that the analyst is in the HR department, and his main job is to organize the firm by considering different options.

However, the analyst does not take any action, his main task is to collect all the necessary data and provide it to his superiors. In addition, the financial analyst acts as an advisor to the head of the business.

Source: "fc-intime.com.ua"

Analyst profession

Various positions can be found within this profession:

marketing analyst,
financial analyst,
analyst of the securities market,
investment analyst,
system analyst (business analyst) and others.

The profession of analyst is universal, a specialist in this field can work in:

financial, investment companies,
banking structures,
consulting companies,
brokerage offices,
international corporations.

The analyst has the right to choose:

he can be a full-time employee,
or independent, working directly with the customer.

Functional and job responsibilities

The functional responsibilities of an analyst depend on the position held; in different companies they may differ from each other.

The main responsibility of an analyst is to collect, summarize, analyze information, predict the future situation and provide basic recommendations for conducting activities.

In his work, an analyst can also conduct marketing research, conduct business correspondence with clients, work with documentation, and conduct negotiations.

Qualification Requirements

Employers impose rather stringent requirements on applicants for the position of analyst. The profession of an analyst usually requires higher education in economics / finance, statistics or information technology.

The analyst should know:

market analysis methods,
basics of statistics,
have analytical skills,
skills of working with large amounts of information.

In international companies, one of the main requirements for an analyst is knowledge of a foreign language and an international document confirming the professional level.

Among the professional qualities of an analyst are the following:

attentiveness,
perseverance,
observation,
structural and analytical thinking,
good memory.

Career and salary

An analyst's salary grows as professional experience and length of service increase. Also, the level of the analyst's salary depends on the position held, the nature of the functional duties and the scope of responsibility.

The profession of an analyst is quite promising, it has good career opportunities to become a head of a department or a financial director.

Source: "working-papers.ru"

Damant David on the profession of financial analyst

Damant David (EFFAS representative in the international committee on financial reporting standards, until 2000 - President of the European Federation of Societies of Financial Analysts (EFFAS)):

The task of training highly qualified specialists in the field of market economy is very urgent.

What is the role of financial analysts in this process and what exactly do they do? The answer to these questions is by no means so simple, because the importance of these specialists is often misunderstood, even in countries with developed market economies.

Let's start with a little historical background. The first group of specialists who were professionally engaged in the analysis of the securities market emerged in 1928 in Chicago.

However, until the end of the Second World War, the specialty "financial analyst" had not yet received a meaningful definition and official recognition in any country, including the United States. For example, the British Society of Investment Analysts (now the Institute for Investment Management and Research) was created only in 1955.

Thus, the specialty "financial analyst" is one of the youngest in the world.

The name of the profession includes the word "analyst", to which various definitions are added: "financial", "investment", "analyst of the securities market", etc. However, all definitions are based on the fact that a specialist of this type analyzes securities and the activities of companies, their issuing.

Within the framework of these functions, a financial analyst must also analyze the economy as a whole, since the macroeconomic environment has the most direct impact on the activities of companies, the state of a particular industry, and the peculiarities of the activities of a particular company in the market.

When analyzing the activities of a particular company, a financial analyst should pay attention not only to financial indicators (although they are extremely important), but also to the broader context of its activities. Thus, the work of a financial analyst includes an analysis of the main indicators: the macroeconomic climate, the efficiency of financial and non-financial structures and company indicators, the quality of its management, etc.

You can often hear that financial analysts are "too short-sighted" - their attention is focused only on the indicators of the coming year. However, it is not. A study of the activities of this kind of specialists in many countries and the influence that their analysis has on prices in the securities market clearly shows that the role of analysts is similar to that of top management of companies.

Thus, when planning the activities of their companies, their top management takes into account the same factors that are the object of study of analysts working outside the companies.

In a number of countries, I have heard more than once that the role of analysts is clear and understandable when it comes to corporate planning and attracting direct investment (in production facilities, equipment, real estate), but much less clear when it comes to portfolio investments, in particular when evaluating quoted securities.

In reality, it is precisely in the capital market that the role of analysts comes to light with particular clarity and fullness. Take as an example a well-organized exchange where free trades in liquid stocks and bonds between sellers and buyers take place, without the intervention of players with any inside information.

As it turns out, these factors alone are not enough for the effective functioning of the market. In order to function properly, sellers and buyers need to be confident that the prevailing price in the market is realistic.

And this can only be achieved if this confidence, like the behavior of the market in general, is based on forecasts and advice from professionals based on an analysis of both the economic situation in general and the prospects for a particular quoted security in particular.

Otherwise, transactions with securities would be carried out in the absence of an idea of their real prices, which would lead to large discounts on risks.

In other words, in the absence of recognized methods for assessing the value of securities, their market will be at a significantly lower price level due to fears of buyers who are insured against possible adverse events.

It should be emphasized that the above circumstance, namely the availability of a qualified analysis of the development of the market situation, is extremely important for the successful development of the economy of a particular country.

It must be remembered that capital is very shy. If in some country there is an uncertainty in the economic environment (due to poor reporting standards, lack of qualified financial analysts), then capital will always demand a certain premium for its arrival and thus this country will be more expensive.

Accordingly, in relation to companies in this country, the capital will act on the "cold-hot" principle.

Analysis of profitability and risk

An important issue is the risks associated with uncertainty about future earnings from companies in which investments have been made. In efficient markets, there is a clear relationship between risk and return. Assessing this interdependence and the possibility of exchange between them is one of the most important areas of work for financial analysts.

The economy of any country is very beneficial if there is an opportunity for financial analysts to carry out such an assessment not only at the level of a specific transaction, but also for the market as a whole. The following main elements can be distinguished that make up the professional baggage of qualified financial analysts:

First, it is a certain level of knowledge of the economy as a whole. The analyst must understand the mechanism of influence of macroeconomic factors and be well versed in the issues of changes in interest rates and fluctuations in inflation.
Secondly, he must have a very good knowledge of accounting and financial reporting, as well as have experience with certain industries.
Thirdly. If an analyst works with unquoted securities, then he must be able to carry out a particularly detailed study of the state of the object in which it is supposed to invest.
If he works in the market with quoted assets, then he should be familiar with the theory of markets and the changes that have occurred in it over the past 40 years.
Fourth. He must understand how a particular market operates, what is its efficiency, the relationship between risks and profitability, and what are the possibilities of their interchange.

All these questions are very complex, but the answers to them are not based on intuition alone, which is how the market itself differs from the casino. In well-organized markets, capital has the ability to act rationally, despite the large fluctuations that occur in them.

These fluctuations, by the way, reflect the fact that markets by themselves cannot predict the future better than humans. The task of analysts is precisely to understand the whole complex of related problems.

Initially, most of this new profession called themselves analysts. More recently, however, a number of professional organizations have changed their names to reflect the fact that analysts are also involved in portfolio management.

Thus, the Federation of US Investment Analysts became known as the Investment Management and Research Association. The British Society of Investment Analysts is now the Institute for Investment Management and Research.

In connection with the development of the practice of investment portfolio management, the corresponding theory has also been developed, which has become an integral part of the professional knowledge that analysts should have.

An important element of the theory and practice of portfolio management has become its international diversification. This reflects, on the one hand, the significantly increased interconnection and interdependence of national economies, and on the other, the advantages of such diversification, revealed in serious studies conducted in recent decades.

International portfolio diversification has become a very important area of professional activity.

This circumstance is of great practical importance for Russia, as international investors are beginning to view Russian securities as an integral part of their portfolios, and not just as occasional one-time acquisitions. The arrival, and then the massive departure of foreign investors, indeed, in a number of cases, gave rise to very significant fluctuations in the national markets. Such cases may be repeated in the future.

However, these shocks cannot negate the fact that there has been a real globalization of investment flows and their corresponding professional activities. Investors now have an interest in all markets, although not to the same extent.

This new situation needs to be taken into account in Russia and efforts should be focused on the formation of an efficient market, on the creation of a favorable information environment that attracts investors, and on the training of qualified specialists in the field of financial analysis and portfolio management.

Other financial analysis applications

Training specialists in the field of financial analysis in its broadest sense will have a positive effect and application in other areas. For example, in investment banking, in which financial analysts perform work very similar to that required in the formation and management of investment portfolios. There are, of course, certain differences between these activities.

Thus, an investment bank is guided by the desire to raise funds for a specific project on behalf of a specific client, while a financial analyst working as part of portfolio management is guided by a more neutral view, recommending the purchase of certain shares.

However, highly qualified specialists - financial analysts are needed in both cases.

Financial analysis training can be of great benefit to both government regulators and policymakers.

At the same time, it is necessary to focus on really high qualification standards, and not on a limited set of knowledge and skills required for the current activities of narrow specialists (for example, a trader or investment advisor to private investors).

A qualification in the field of financial analysis should presume the presence of such a level of knowledge that allows this specialist to discuss at a high professional level a wide range of investment problems (including both direct and portfolio investments) and with various categories of interlocutors (company managers, investment consultants, representatives of government agencies). regulation).

It is possible that the considerations I have expressed look obvious and too general. They are really obvious, however, despite this, many of them are ignored.

Therefore, their discussion, in my opinion, can promote progress towards the establishment of really high standards of professional activity of specialists in financial analysis in all countries, including Russia. And this work must be done as quickly as possible.

I think that the work of GIFA, which has begun on the creation of a national qualification program and the organization of regular qualification exams for obtaining a certificate of a certified financial analyst recognized by the international professional community, is very important for Russia.

The introduction of such qualifications will bring the discussion of professional problems of activities in the field of investment to a new level. Investing has always been and remains a process in which it is impossible to make absolutely accurate predictions. However, skilled professionals can and should help investors clearly understand risks and their relationship to profitability.