Financial analysts and business analysts earn above-average incomes, even at the entry level, though neither career pays investment banking or corporate law salaries.That said, analysts typically do not work investment banking or corporate law hours.Tags: Most Interesting Research Paper TopicsAviation Research Paper TopicsBusiness Plan For RealtorsOral Defense Dissertation ProposalHow To Solve Linear Equation Word ProblemsBehaviour Groups EssayArgumentative Essay About Death PenaltyLeadership Development Dissertations
Typically, the analyst prepares periodic reports in which he or she recommends the company buy or sell certain securities.
High-level financial analysts are even called upon to use financial models to determine if it is an auspicious time to sell the company.
Students hoping to become business analysts can choose from many majors, including the aforementioned finance degrees, as well as management, accounting or, for those pursuing systems analysis, information technology.
Again, a bachelor's degree is almost a given requirement, while a master's degree is becoming more of a necessity every year for aspiring business analysts.
You are likely to make between $50,000 and $60,000 per year starting out, work 40 to 50 hours per week, and face a favorable job market at least through 2026.
These similarities can make choosing one over the other exceedingly difficult.
It goes without saying that for an analyst position of any kind, strong analytical skills are a must.
Whether a business analyst or financial analyst, a successful candidate must be capable of spotting trends and anomalies in piles of complex data and make proper inferences from those findings.
Unlike attorneys or certified public accountants (CPAs), neither financial analysts nor business analysts are governed by a central regulatory authority that imposes hard-and-fast educational requirements.
The individual firms doing the hiring determine how much education they require of potential analysts.