by: francisco escobar. new york university baruch college new york, ny average sat scores ...
Post on 19-Dec-2015
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BECOMING A FINANCIAL ANALYST
By: Francisco Escobar
Top Five Colleges
NEW YORK UNIVERSITY
BARUCH COLLEGE
New York, NY Average SAT Scores
Critical Reading:610-710
Math: 600-720 Writing: 620-710
GPA- 3.6 Tuition- $40,082
New York, NY Average SAT Scores
Critical Reading:490-590
Math: 560-670
GPA- 3.13 Tuition- Instate-
$4,600 Out of state -
$12,450
HOFSTRA UNIVERSITY
SYRACUSE UNIVERSITY
Hempstead, New York
Average SAT Scores Critical Reading: 540 -
630 Math: 560 - 640
GPA- 3.4 Tuition- $31,800
Syracuse, New York Average SAT Scores
Critical Reading:510 - 620
Math: 540 - 650 Writing: 520 - 630
GPA- 3.6 Tuition- $36,302
Fordham University Bronx, New York Average SAT Scores
Critical Reading:570 - 670
Math: 570 - 670 Writing: 570 - 670
GPA- 3.7 Tuition- $38,602
Training, Qualifications, and Advancement
Financial Analysts need a bachelor’s degree in business, finance, statistics, accounting, or economics.
Some jobs will require other degrees like an MBA or a Master’s degree in finance.
Another certification that will help in the advancement in a job is a Chartered Financial Analyst.
Nature of the Work and Personal Traits
The job will consist of meeting with clients and helping them decide on what is the best way for them to invest their money.
You will need to be able to analyze different types of investments like stocks, bonds, or commodities.
Some personal traits that are needed are good communication skills, analytical skills, and problem solving skills.
Trends and Outlooks
There is a greater need for companies to diversify their investments so now it is more common to invest in foreign markets.
Financial Analyst will be required to know about foreign markets and companies.
Job Availability and Earning Potential
There were 250,600 jobs in 2008 for a financial analyst. This number is expected to increase 20% by 2018.
The median salary for a financial analyst is $73,150 and the highest salaries are around $141,070.
Many jobs are located here in New York City.
Challenges/Drawbacks and Related Occupations
Some things that might keep people from entering this field are the extensive amount of research you must do and the complex financial information you have to be able to understand.
Related occupations Accountants Budget analysts Securities, commodities, and financial services
sales agents
Sources Syracuse University http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=1269&profileId=2 photo http://media-cdn.tripadvisor.com/media/photo-s/01/06/a4/08/syracuse-university.jpg
Hofstra University http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=3260&profileId=2 photo http://www.hofstra.edu/images/debate/debate_campus_008.jpg
Fordham University http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=3582&profileId=0 photo http://www.hofstra.edu/images/debate/debate_campus_008.jpg
Baruch College http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=1677&profileId=7 Photo: http://www.primusyurtdisiegitim.com/images/ColorSeal_By_Emseal_Baruch.jpg
NYU http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=3186&profileId=7 Photo http://cache.gawker.com/assets/images/kotaku/2008/12/170px-NYU_seal.png
Financial analyst information http://www.bls.gov/k12/money02.htm http://www.bls.gov/oco/ocos301.htm