Table of Contents
What are the responsibilities of a financial analyst?
Financial analysts are responsible for financial planning, analysis and projection for companies and corporations. They forecast future revenues and expenditures to establish cost structures and determine capital budgeting for projects.
Why should we hire you for financial analyst?
Example: “I want to be a financial analyst because I am a detail-oriented person with a curious mind. In addition, I enjoy helping others, and I want to pursue a career where I can combine my analytical habits with my desire to assist and serve people.”
Do financial analysts get paid well?
According to data from the U.S. Bureau of Labor Statistics (BLS), the median annual income for financial analysts across all experience levels in May 2018 was $85,660 per year (or $41.18 per hour). So, on average, financial analysts start out much better paid than the typical worker.
Which degree is best for financial analyst?
Becoming a financial analyst generally requires a bachelor’s degree, though a master’s in finance or business administration may be beneficial when seeking advanced roles. Some employers may also require a specific professional license.
Are financial analysts rich?
For example, financial analysts who work in securities, commodity contracts and investments earned a median wage of $98,850 annually in 2020, while financial analysts in the credit intermediation industry earned nearly $20,000 less per year, with a median salary of $79,270.
Are financial analysts happy?
Financial analysts are one of the least happy careers in the United States. As it turns out, financial analysts rate their career happiness 2.7 out of 5 stars which puts them in the bottom 11% of careers.
What are your greatest weaknesses for financial analyst?
“I work too hard!” (non-answer) “I’m a perfectionist and expect too much of others.” (non-answer) “I go to a non-target school. / I’m not a finance major.” (lack of self-respect) “I have chronic back pain / other physical problems.” (TMI)
Is CFA harder than CPA?
Even though the material is a little easier for the CPA exam, the CFA exam is probably four of five times more difficult. For example, I studied about 200-250 hours for my whole CPA exam, not including 30 hours of college work. I probably studied 200-250 hours for Level 1 of CFA.