Bank Finance

Career Advice: How to Become a Financial Analyst?

Making a career in banking and finance can be a smart decision for one who is interested in finance and accounting field.  It can be financially rewarding and demanding career field which offers endless job opportunities. In addition, there are many different positions in this industry such as one can be an accountant, Clerk, Finance Manager, Analyst, and others. There are many options to grow in the banking and finance industry. Well, if we talk only about making a career as a financial analyst, then it is another great choice to get bright and secure future.

There is no doubt in that being a financial analyst is one of the most popular career paths. This is because an analyst can work in a range of industries and can get major benefits like good earning potential, job security, job stability etc. This job continues to be among the hottest position now, and many big companies rely on experienced professionals to support business growth. That’s why the demand of professional is so high in all around the world. Specially, there is a huge demand of the candidates for financial analyst jobs in Kuala Lumpur. Job seekers can easily get jobs in Kuala Lumpur and even can get a good position even at entry level.

Here is the complete information to become a financial analyst:

A financial analyst is one who oversees the financial activities of an organization. They collect and analyze the financial data from all the accounting departments and make reports accordingly. They also examine the feasibility of different deals and prepare a plan of action based on the financial analysis. Apart from this, they meet the company leaders and individuals to take big financial decisions.

How can you get into this field?

To get into this field, the first thing which is necessary is a bachelor degree in a field like accounting, finance, economics, business or something similar. To get a top position you need to acquire a master’s degree in business or management field such as MBA. In addition, you must have good knowledge about stocks, bonds, and the financial world.

READ  5 Reasons You Need to Understand Option Greeks

Along with the strong educational background, candidates also need strong skill-set in order to get succeed. They must have good communication skill, strong analytical and mathematical skill and good in decision making.

How much an entry-level analyst earn?

The salary of individuals completely depends on various factors such as experience, location, company, position, and others. You can check the average salary of candidates in Kuala Lumpur on Glassdoor and Payscale website.

What’s driving more demand?

Every big or small organization needs an expert who can handle all the financial aspects of their business. Here are the two important things that drive the demand.

  • The population is aging: Many professional analysts are deciding to retire and many moves promoted to the top positions. That’s why there are so many vacant positions are available as other financial analyst are promoted. So, with this more opportunities are opening up and companies seek candidates to fill them.
  • Fast growth: Today, every business success is highly dependent on the strong financial decisions. And, companies nowadays, offer endless opportunities to fresher and also provide training to them.

How can I get the job in Kuala Lumpur?

Many of us confused about the next step in career. After completion of your education and training, it is easy to find jobs in Kuala Lumpur by using different online resources such as Monster Malaysia, jobstreet and indeed. Start your search now and get a job in your dream company.

Leave a Comment