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Financial Analyst

Short Description

Conduct quantitative analyses of information affecting investment programs of public or private institutions.


Wages & Employment Trends

  1. Median wages (2006) $32.02 hourly, $66,590 annual
  2. Employment (2006) 221,000 employees
  3. Projected growth (2006-2016) Much faster than average (21% or higher)
  4. Projected need (2006-2016) 87,000 additional employees



Financial Analyst, Securities Analyst, Investment Analyst, Equity Research Analyst, Credit Products Officer, Operational Risk Analyst, Planning Analyst, Research Analyst, Real Estate Analyst.



  1. Assemble spreadsheets and draw charts and graphs used to illustrate technical reports, using computer.
  2. Analyze financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions.
  3. Maintain knowledge and stay abreast of developments in the fields of industrial technology, business, finance, and economic theory.
  4. Interpret data affecting investment programs, such as price, yield, stability, future trends in investment risks, and economic influences.
  5. Monitor fundamental economic, industrial, and corporate developments through the analysis of information obtained from financial publications and services, investment banking firms, government agencies, trade publications, company sources, and personal interviews.
  6. Recommend investments and investment timing to companies, investment firm staff, or the investing public.
  7. Determine the prices at which securities should be syndicated and offered to the public.
  8. Prepare plans of action for investment based on financial analyses.
  9. Evaluate and compare the relative quality of various securities in a given industry.
  10. Present oral and written reports on general economic trends, individual corporations, and entire industries.


Tools & Technology

  1. Tools used in this occupation:
  2. Desktop computers
  3. Notebook computers
  4. Personal computers
  5. Personal digital assistant PDAs or organizers — Personal digital assistants PDA
  6. Tablet computers


Technology used in this occupation:

  1. Analytical or scientific software — The Mathworks MATLAB; Ward Systems Group GeneHunter; Ward Systems Group NeuralShell Predictor; Wolfram Research Mathematica
  2. Expert system software — Ivorix Neurostrategy Finance; Matheny Pattern Forecaster Plus; Neural network modeling software; NeuroSolutions for MatLab
  3. Financial analysis software — AnalyzerXL software; Experian Credinomics; Wolfram Research Mathematica Finance Essentials; Wolfram Research Mathematica UnRisk Pricing Engine
  4. Information retrieval or search software — dailyVest Investment Personalization Platform; TradeTools Financial Market Databases; TradeTools Monthly U.S. Economic Database; Ward Systems Group NeuroShell Trader
  5. Spreadsheet software — Apple AppleWorks; Corel QuattroPro; IBM Lotus 1-2-3; Microsoft Excel.



  1. Economics and Accounting — Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  2. English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  3. Mathematics — Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  4. Computers and Electronics — Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
  5. Law and Government — Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  6. Administration and Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  7. Customer and Personal Service — Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.



  1. Reading Comprehension — Understanding written sentences and paragraphs in work related documents.
  2. Time Management — Managing one’s own time and the time of others.
  3. Active Listening — Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  4. Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  5. Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  6. Mathematics — Using mathematics to solve problems.
  7. Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  8. Management of Financial Resources — Determining how money will be spent to get the work done, and accounting for these expenditures.
  9. Active Learning — Understanding the implications of new information for both current and future problem-solving and decision-making.
  10. Monitoring — Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.



  1. Written Comprehension — The ability to read and understand information and ideas presented in writing.
  2. Oral Comprehension — The ability to listen to and understand information and ideas presented through spoken words and sentences.
  3. Oral Expression — The ability to communicate information and ideas in speaking so others will understand.
  4. Written Expression — The ability to communicate information and ideas in writing so others will understand.
  5. Deductive Reasoning — The ability to apply general rules to specific problems to produce answers that make sense.
  6. Inductive Reasoning — The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  7. Near Vision — The ability to see details at close range (within a few feet of the observer).
  8. Speech Clarity — The ability to speak clearly so others can understand you.
  9. Number Facility — The ability to add, subtract, multiply, or divide quickly and correctly.
  10. Problem Sensitivity — The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.


Work Activities

  1. Analyzing Data or Information — Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  2. Getting Information — Observing, receiving, and otherwise obtaining information from all relevant sources.
  3. Interacting With Computers — Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  4. Processing Information — Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
  5. Communicating with Supervisors, Peers, or Subordinates — Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  6. Documenting/Recording Information — Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
  7. Making Decisions and Solving Problems — Analyzing information and evaluating results to choose the best solution and solve problems.
  8. Organizing, Planning, and Prioritizing Work — Developing specific goals and plans to prioritize, organize, and accomplish your work.
  9. Establishing and Maintaining Interpersonal Relationships — Developing constructive and cooperative working relationships with others, and maintaining them over time.
  10. Updating and Using Relevant Knowledge — Keeping up-to-date technically and applying new knowledge to your job.


Work Context

  1. Face-to-Face Discussions — How often do you have to have face-to-face discussions with individuals or teams in this job?
  2. Structured versus Unstructured Work — To what extent is this job structured for the worker, rather than allowing the worker to determine tasks, priorities, and goals?
  3. Electronic Mail — How often do you use electronic mail in this job?
  4. Indoors, Environmentally Controlled — How often does this job require working indoors in environmentally controlled conditions?
  5. Telephone — How often do you have telephone conversations in this job?
  6. Freedom to Make Decisions — How much decision making freedom, without supervision, does the job offer?
  7. Importance of Being Exact or Accurate — How important is being very exact or highly accurate in performing this job?
  8. Duration of Typical Work Week — Number of hours typically worked in one week.
  9. Spend Time Sitting — How much does this job require sitting?
  10. Work With Work Group or Team — How important is it to work with others in a group or team in this job?


Job Zone

  1. Considerable Preparation Needed
  2. Overall Experience A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
  3. Job Training Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
  4. Job Zone Examples Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, human resource managers, computer programmers, teachers, chemists, and police detectives.
  5. SVP Range (7.0 to < 8.0).



Most of these occupations require a four – year bachelor’s degree, but some do not.



  1. Investigative — Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.
  2. Conventional — Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
  3. Enterprising — Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.


Work Styles

  1. Attention to Detail — Job requires being careful about detail and thorough in completing work tasks.
  2. Stress Tolerance — Job requires accepting criticism and dealing calmly and effectively with high stress situations.
  3. Dependability — Job requires being reliable, responsible, and dependable, and fulfilling obligations.
  4. Integrity — Job requires being honest and ethical.
  5. Persistence — Job requires persistence in the face of obstacles.
  6. Adaptability/Flexibility — Job requires being open to change (positive or negative) and to considerable variety in the workplace.
  7. Analytical Thinking — Job requires analyzing information and using logic to address work-related issues and problems.
  8. Initiative — Job requires a willingness to take on responsibilities and challenges.
  9. Achievement/Effort — Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
  10. Cooperation — Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.


Work Values

  1. Independence — Occupations that satisfy this work value allow employs to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.
  2. Achievement — Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.


Other Occupation Details:

  1. Controller/Treasurer
  2. Chief Executive
  3. Financial Examiner
  4. Financial Manager
  5. Purchasing Manager
  6. Accountant
  7. Auditor
  8. Tax Examiner
  9. Personal Finance Advisors
  10. Bookkeeper
  11. Budget Analyst
  12. Credit Analyst
  13. Supervisor
  14. Loan Officer
  15. Bill Account Controller
  16. Administrative Officer
  17. Purchasing
  18. Cost Estimator
  19. Tax Preparer
  20. Clerk – Junior Accountant
  21. Clerk – Statement
  22. Teller
  23. Cashier

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