Verified Document

Financial Analyst Business Letter Letter

The finance occupation is anticipated to grow by nearly 6% over the next decade according to the Bureau of Labor Statistics. The industry is becoming a critical element within society as America continues to transition to a much more service-oriented economy. There are currently 492,000 financial jobs in America. The typical jobs within the finance occupation are varied. Jobs include traditional financial analysts who work at banks, insurance companies, pension funds, and other financial institutions. Other jobs include business analysts who evaluate other businesses for merger and acquisition opportunities along with traditional accountants who oversee firm financials. The median salary of a financial analyst is roughly $83,660.

Advancement opportunities within this segment are also varied and are heavily dependent on the overall job. Advancement opportunities typically involve larger oversight of departments and other analysts. It also provides oversight of large pools of capital and investment funds. Advancement typically occurs when an employee shows proficiency and talent at their given role. Certain financial...

Other financial analysts are promoted when then are able to perform their analytical work with few errors (Gitman, 1994).

Career advantages within the field are numerous. For one, financial analysts typically make higher salaries as compared to other professions. The job also provides individuals with a strong sense...

…who need to hedge a particular financial exposure or are looking to make a bet on a particular occurrence (McConnell, 1987).

My personal recommendation is that the financial analysts profession is a great job for a individual who is competitive and analytical. It is also great for an individual who is particularly interested in the capital markets. The profession overall is schedule to grow at a much faster rate than the overall job market which bodes well for overall job security. The profession benefits from a very high starting salary and very strong advancement characteristics. Finally the profession offers the analyst an inside look into the financial markets which allows the individual to take advantage of any…

Sources used in this document:

References

1. Gitman, Lawrence J. Principles of Managerial Finance, 7th ed. New York: HarperCollins, 1994.

2. McConnell, Campbell R. Economics: Principles, Problems and Policies, 10th ed. New York: McGraw-Hill, 1987

Cite this Document:
Copy Bibliography Citation

Related Documents

Business Letter Dear Mentor Thank
Words: 611 Length: 2 Document Type: Term Paper

However, I think that I also need to convey to the audience the message that my company intends to extend its market share and looks forward to a long-term sustainable growth rather than short-term profits. In terms of the structure of the presentation, I will start with a brief presentation of myself and of my credentials. After a brief presentation of my general business idea, I will go into an

Business Letter and Literature Summary
Words: 780 Length: 3 Document Type: Thesis

Instead, the better service recovery strategy was to focus on what empirical research suggest is most critical to British airline passengers, and that is the managing of customer request/fault scenarios (Lorenzoni, Lewis, 2004). Providing 15.000 credited miles on the Virgin Atlantic Flying Club is three times the amount of miles flown on the leg of the flight being complained about. This is payment for not only the flight but

Business Letters Describe Motivation Applying a Top
Words: 712 Length: 2 Document Type: Essay

Business Letters Describe motivation applying a top financial company f (i.e. JPG Morgan, Chase, Goldman Sachs,) MBA Early program academic professional background* coupled MBA degree planning complete, prepare a career Investment Banking. To whom it may concern: As a recent graduate with a degree from an Ivy League university, soon to complete his MBA, I am often asked I regret my major in finance and economics. I am reminded of the many

Business Letter /Ms. X CEO
Words: 323 Length: 1 Document Type: Term Paper

Any information you would feel comfortable sharing with me would be invaluable. I would also be interested in any advice you could give to me regarding insuring the faculties of a day care center and the hiring procedures necessary to recruit quality personnel to watch the children during the day. Any additional advice you could provide, from toys to curriculum, to potential problems I may need to anticipate, to how

Business Letter /Ms. X CEO
Words: 432 Length: 1 Document Type: Term Paper

I have several questions pertinent to the food business. First of all, does Pappa John's have any advice in cutting costs regarding a food budget? Pappa John's offers so much variety as well as quality. In my organization I would not simply like to deliver chicken, but entire family meals reminiscent of the Southern United States, including corn bread, biscuits, greens, and sweet potatoes. How does Pappa John's balance the

Invoices, Business Letters, and Quotations
Words: 510 Length: 2 Document Type: Research Paper

Business documents come in various formats. This is particularly the case given that most businesses are usually engaged in many different kinds of operations and undertakings, which have unique documentation needs. In basic terms, business documents are used for record keeping, communication, analysis, and verification purposes. The three business documents which will be highlighted in this text are business letters, invoices, and quotations. These documents come in handy in the

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now