If you are still an undergraduate student who is considering a career as a financial analyst, it is best to take courses in business, economics, accounting and math. Other majors that are looked upon favorably include computer sciences, biology, physics and even engineering. Many of the junior analysts hired by firms have these backgrounds, while MBA graduates are often hired as senior analysts right out of business school.
If you are not an MBA graduate student or an economics major as an undergraduate, you may want to consider studying for the Series 7 and Series 63 exams or participating in the Chartered Financial Analyst (CFA®) Program. Keep in mind that participating in these exams will require sponsorship from a FINRA member firm or a self-regulatory organization.
While the CFA exam is highly technical, the Series 7 and 63 exams are other ways to demonstrate a basic familiarity with investment terms and accounting practices. If you look at a sample CFA exam and it seems overwhelming, start with practicing for the Series 7 and 63 exams and then work your way up to the CFA exam or begin to interview for junior analyst positions after passing those Series exams or one of the other exams that are highly regarded by the financial services industry. Many institutions also have training programs for those candidates who show promise in the field.
If you are still an undergraduate student who is considering a career as a financial analyst, it is best to take courses in business, economics, accounting and math. Other majors that are looked upon favorably include computer sciences, biology, physics and even engineering. Many of the junior analysts hired by firms have these backgrounds, while MBA graduates are often hired as senior analysts right out of business school.
If you are not an MBA graduate student or an economics major as an undergraduate, you may want to consider studying for the Series 7 and Series 63 exams or participating in the Chartered Financial Analyst (CFA®) Program. Keep in mind that participating in these exams will require sponsorship from a FINRA member firm or a self-regulatory organization.
While the CFA exam is highly technical, the Series 7 and 63 exams are other ways to demonstrate a basic familiarity with investment terms and accounting practices. If you look at a sample CFA exam and it seems overwhelming, start with practicing for the Series 7 and 63 exams and then work your way up to the CFA exam or begin to interview for junior analyst positions after passing those Series exams or one of the other exams that are highly regarded by the financial services industry. Many institutions also have training programs for those candidates who show promise in the field.
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