How do I start my financial analyst career?

To become a financial analyst requires, at minimum, a bachelor's degree, usually in finance or other financial-related fields (business administration, mathematics, business administration). Having a Master of Business Administration (MBA) is recommended but not always required.

It is typical for a financial analyst to also become certified; in fact, employers will often sponsor certification and licensing programs. Some Financial analysts pursue a more specialized Chartered Financial Analyst (CFA) certification.

Unlike the CPA, which is focused on a professional understanding of public accounting, the CFA is focused on making investment decisions on behalf of the client or employer.

Another option is to take advanced courses in subjects related to your specialty. Licensing is typically required for analysts looking to sell financial products.

The largest employers of financial analysts are:

1. Security, commodity, and other financial investments and related activities. (18%)

2. Credit information and related activities (15%)

3. Professional scientific and technical services (12%)

4. Management of companies and enterprises (11%)

5. Insurance carriers and related activities (6%)