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Banking and Finance courses lead to an effective career in the Finance field

by Cheryl Robert Financial Analyst

Financial analysts gather and evaluate industry and economic fiscal data to predict investment performance. Their findings are used by businesses and individuals to make decisions about stocks, bonds and other financial stakes. They might work for financial institutions, corporations, insurance groups and securities companies. A bachelor's degree in finance or another relevant field is the minimum qualification, but many improve their employment prospects by earning master's degrees. Professional certification is another way to advance a career. The minimum requirement to pursue financial analyst course is a bachelor's degree. While an undergraduate degree is sufficient for many positions, some require that financial analysts hold graduate degrees. Financial analysts involved in regulated services, such as legal advising or selling stocks, bonds or insurance, might be required to obtain licensure.

 

At times when one has accidentally stumbled upon a career in finance and started working ad hoc, a time comes when they feel a block. That’s when they realize they need to pursue something to advance in their career. Hence many head to Business School for a Masters in Business Administration, or to take the certified financial analyst route. People get MBAs in finance, operations, etc., but they tend to come out of school with broad-based knowledge. A CFA certification is more niches. CFAs are investment professionals, and the skills they pick up are super analytical. They tend to stay in the professional niche longer, may head to a hedge fund, private equity firm etc. A full time MBA program generally consists of two expensive years surrounded by one's peers studying various aspects of business. The CFA, on the other hand, is a grueling, individual journey. There are various levels, and it can take years to get through all of them. An MBA can take one into all sorts of industries.

 

Banking and Financial Services courses include a variety of banking and money management services. Careers range from customer service banking and sales positions, financial advisers and analyst positions. They typically work in commercial banks, mortgage companies, savings and loan establishments.

Professionals in financial services must be able to interpret financial statements and predict future market changes to recommend beneficial investments and manage financial funds. Individuals who have pursued a banking and finance course may gain experience first in customer service positions in banks, lending institutions and credit card companies. Financial analysts typically work for investment banks, insurance companies, mutual fund organizations, and pension and securities firms. They provide analytical expertise on investment predictions and strategies. Overall, it is a powerful industry to be in.

 


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About Cheryl Robert Advanced   Financial Analyst

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Joined APSense since, June 11th, 2014, From Dubai, United Arab Emirates.

Created on Dec 31st 1969 18:00. Viewed 0 times.

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