Career Detail

Financial Analyst and Personal Financial Advisor
“We know the numbers !”
Financial analysts and personal financial advisors provide analysis and guidance to businesses and individuals in making investment decisions.
The Job
Financial analysts also called securities analysts and investment analysts, they work for investment banks, insurance companies, mutual and pension funds, securities firms, the business media, and other businesses, helping them make investment decisions or recommendations.
Work Environment
Financial analysts and personal financial advisors usually work in offices or their own homes. Financial analysts may work long hours, travel frequently to visit companies or potential investors, and
College Majors
bachelor's degree in finance, business administration, accounting, statistics, or economics.
Minimum Qualifications
Financial analysts and most personal financial advisors must have a bachelor's degree. Many also earn a master's degree in finance or business administration or get professional designations.
Personality traits helpful for this career
Strong math, analytical, and problem-solving skills are essential qualifications for financial analysts.
Quick Facts
  • Good interpersonal skills and an aptitude for working with numbers are among the most important qualifications for financial analysts and personal financial advisors.
  • Keen competition is anticipated for these highly paid positions, despite rapid job growth; those who have earned a professional designation or an MBA are expected to have the best opportunities.
  • Almost one third of personal financial advisors are self-employed.
Compensation and Outlook
Median annual wages, excluding bonuses, of wage and salary financial analysts were $73,150 in May 2008, which is more than double the national median wage. The middle 50 percent earned between $54,930 and $99,100. The lowest 10 percent earned less than $43,440, and the highest 10 percent earned more than $141,070.
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  Represents $30K  Each represents salary of $15K

Job Growth Outlook
Hyper growth industry Hyper growth industry
Average growth Average growth
Declining job market Declining job market
No growth No growth
Dead end profession dead end profession

H.S. diploma H.S. diploma
BA Degree BA Degree
Masters Degree Masters Degree
Doctorate,MD,PHD,JD Doctorate,MD,PHD,JD

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