Financial and Investment Analysts: Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses. Excludes “Budget Analysts” (13-2031), “Financial Risk Specialists” (13-2054), and “Securities, Commodities, and Financial Services Sales Agents” (41-3031).
Job Responsibilities
Financial and Investment Analysts are responsible for:
Data Analysis: Analyze financial data and public records of companies to assess the health of the business, its financial status, and its investment potential.
Market Research: Study market trends, economic conditions, and investment opportunities to offer recommendations.
Valuation: Perform valuation analyses on businesses using models to determine their worth.
Investment Strategies: Develop investment strategies for clients or the employing institution, based on analysis and market conditions.
Report Preparation: Prepare detailed reports and presentations on research findings, investment performance, and financial forecasting.
Client Advising: Provide advice to clients or senior management on investment strategies, asset management, portfolio diversification, and risk management.
Regulatory Compliance: Ensure compliance with financial regulations and standards in the preparation and presentation of financial and investment reports.
Continuous Learning: Stay updated on financial laws, market trends, financial products, and new investment strategies and techniques.
Recommended Qualifications
Education:
A bachelor’s degree in finance, economics, accounting, business administration, or a related field is typically required.
A master’s degree or professional certifications such as Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) can enhance prospects and credibility.
Experience:
Experience in financial analysis, investment banking, or a related field is highly beneficial.
Skills:
Strong analytical, mathematical, and statistical skills.
Proficiency in financial modeling and analysis software.
Excellent communication and presentation skills.
Detail-oriented with a deep understanding of financial markets and instruments.
Job Search Tips
Gain Practical Experience: Internships or entry-level positions in finance, banking, or investment firms provide valuable experience and networking opportunities.
Certification: Consider pursuing relevant certifications like the CFA or CFP to demonstrate your expertise and commitment to the field.
Network: Join finance or investment professional groups and attend industry seminars and conferences to meet professionals and learn about job opportunities.
Stay Informed: Keep abreast of the latest financial news, market trends, and investment technologies.
Tailor Your Resume: Highlight your analytical skills, experience with financial software, and any successful investment strategies or analyses you have contributed to.
In 2022, the Financial and Investment Analysts occupation accounted for over 291 thousand jobs in the United States, reflecting a decrease of 0.2% from 2021. The annual mean wage in 2022 was $108,790, and the median wage was $95,080. Compared to the national average for all occupations, the wages for this occupation were higher by 75.8%.
The 2022 Annual Wages and Employment Report is a comprehensive analysis of national labor market trends within the Financial and Investment Analysts occupation. This report presents wage and employment data across various industries, occupation groups, and geographic regions within the United States, providing valuable insights into the state of the US labor market. The report is designed to help businesses, policymakers, and individuals make informed decisions based on the latest wage and employment data. Included with the report is a comprehensive occupational dataset in Excel format.