Corporate financial analysts thrive on economic uncertainty. Any company that wants to minimize financial risks and navigate the fierce competition determined to rise above their rivals will not make the mistake of neglecting to hire one.
As a corporate financial analyst, you will be expected to advise management on crucial financial decisions. You will monitor data and distill the important information from it regarding profitable options and business stability.
Your skills will be used to create reports on financial movements within the company and outside on the market as well. Collecting and analyzing data will be an important part of your job. You will dissect budgets and examine income statements and other documents to paint a clear picture of the company's financial situation.
There is more than meets the eye when it comes to being a corporate finance analyst. For example, did you know that they make an average of $32.15 an hour? That's $66,877 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many corporate finance analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and computer skills.
If you're interested in becoming a corporate finance analyst, one of the first things to consider is how much education you need. We've determined that 75.7% of corporate finance analysts have a bachelor's degree. In terms of higher education levels, we found that 17.2% of corporate finance analysts have master's degrees. Even though most corporate finance analysts have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a corporate finance analyst. When we researched the most common majors for a corporate finance analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on corporate finance analyst resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a corporate finance analyst. In fact, many corporate finance analyst jobs require experience in a role such as finance analyst. Meanwhile, many corporate finance analysts also have previous career experience in roles such as internship or senior finance analyst.