How do i become a financial analyst? What is a financial analyst?

How hard is it to become a financial analyst?

• I'm attending a state college next fall so does that mean that my chances of finding a entry level FA position after I graduate is slim? Can you get a CPA and then become a FA? How hard is it to become one comparted to being a doctor(since people say that most people will never make it to become a physician). Is FA the same?

• Answer:

  Many positions require a bachelor's degree in a related field, such as accounting, business administration, economics, finance, or statistics. Employers often require a master's in business administration (MBA) or a master's degree in finance. Knowledge of options pricing, bond valuation, and risk management are important. Getting a degree in finance or economics is only half of the battle. It's getting a job that might prove to be challenging. Understand that the financial institutions are undergoing severe stress. The killer combination of an international debt crisis, countries suffering debt downgrades and the uncertain prospects for political resolutions have roiled the markets, slowed the world's economy and have forced the major players in finance to announce significant layoffs. That means there are a lot of candidates with the credentials and practical experience that will be competing for available positions. Good luck and best wishes for your success.