Career as a Financial Analyst

Career as a Financial analyst

Perhaps the most important reason why I chose finance as my major is related to the characteristics of the science itself. The capacity to anticipate movements in the international markets, the logical involved in the mechanisms of evaluation and rationalization and the possibility to create functional scenarios based on real data were some of the main reasons why I chose finance as my major.

Let me just develop a little more on some of these notions. First of all, the science of finance covers a very large portfolio of domains, ranging from credits and the banking system to the financial viability of business organizations to the FOREX market and operations relating to currency exchange rates. All of these are extremely interesting because of the mass of information available in each of these cases and of the capacity of dealing with that information in order to obtain new information.

This leads to the anticipation scenarios I have referred to previously. The fact that you could take present data, combine it with the existent macroeconomic realities and obtain previsions for the subsequent years to come was something entirely new and attractive.

Further more, all of these actions relied on pure mathematical and statistical notions and I have always had a soft spot for mathematics. Indeed, notions like volatility and standard deviation, functions and other statistical measures were among my favorites in college.

Finally, there is also a philosophical explanation to my choosing finance as my major in college: in finance, everything seems to be related and interconnected, you never have any information purely independent, it all gives way to new information and new conclusions. There is a certain fascination about this, about the way information is tied together with different functions.

On the other hand, I have also thought about the benefits and the advancements that I can have in my career by choosing finance as my major and by becoming a financial analyst and, as I progressed in this sector, many of these have been proven and came true.

The financial benefits of working as a financial analyst are one of the first benefits that come to mind. Besides the generous salary, financial bonuses and bonuses that include medical and social insurance, for example, are important to sustain the idea that being a financial analyst offers important financial rewards and related benefits.

On the other hand, the benefits of working as a financial analyst are also associated with the initial motivations for which I followed a major in finance in college. The capacity of interpreting and using information to create scenarios and, even more important, access to all the latest information in the financial sector (currency exchange rates, declarations by key players on the different markets, announcements made by world leaders etc.) is an important benefit of the job. Imagine that instead of having to go out on the market and obtain relevant information, you find it all on your computer, at a touch, and the only thing you need to do is filter through it, pick out the important things and be able to interpret these correctly.

Further more, despite the fact that there is an incredible responsibility, one of the great advantages is that this responsibility can be interpretable. You make analysis, not decisions and, from this perspective, the responsibility refers only to the correct interpretation of the data and information that has been provided rather than to making and implementing the right decisions. A lower level of responsibility is also one of the benefits of this job, it makes you feel more comfortable with your working activity.

Finally, one of the important benefits is the numerous possibilities of moving into the labor market from this position. The position as a financial analyst is not something restrictive that allows you to operate only in the respective field. The fact that I can collect, analyze and interpret information means that I can also work as an analyst on any other market besides the financial one. This means that I have a great flexibility and that I am able to move into any industry where analysis of external environment factors plays a role in the decision making process.