A Financial Analyst is responsible for helping a company manage its overall financial status. They make use of the company’s data to identify its profitability, liabilities, strengths, weaknesses, and future potential.
Personal Competencies
You pay attention to details while working
You can keep accurate records of expenses and income
You like to work with numbers
You like to solve problems
Entry Pathway
1. Complete 10+2 in the Commerce stream
2. Complete a Bachelor’s in Finance or related subjects
OR Pursue Chartered Accountant program followed by the Chartered Financial Analyst exams
OR Complete a Bachelor's degree followed by an MBA in Finance
OR Pursue a Diploma in Finance or any related subjects, earn four years of work experience and then take the three exams of the Chartered Financial Analyst
Please check the duration of the course during enrolment
Where will you study?
The course is offered by the Department of Commerce. This list of institutes is indicative only
Government Institutes 1. Manbhum Mahavidyalaya, Purulia 2. Government College, Madappally 3. Adarsh College of Arts and Commerce, Mumbai 4. SNDT Arts and Commerce College for Women, Pune 5. Digboi College, Assam 6. Guru Nanak Dev University College, Jalandhar 7. Mumbai University 8. Patna Women's College, Patna
Private Institutes (Please check if Institute is affiliated and accredited with UGC before applying) 1. Apeejay College of Fine Arts, Jalandhar 2. Acharya Institute of Graduate Studies, Bengaluru 3. Institute of Management & Computer Studies, Mumbai 4. St Xaviers College, Ranchi 5. Kanya Maha Vidyalaya, Jalandhar, Punjab 6. Indira College of Commerce and Science, Pune 7. Amrita Vishwa Vidyapeetham, Mysore 8. Rathinam College of Arts and Science, Coimbatore
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
Scholarships & Loans
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes* • Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI* • Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA) • Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc. • All banks give education loans
Where will you work?
Places of Work: Banking Companies, Non-Banking Financial Companies
Entrepreneurship: You can choose to work as an independent financial analyst
Work Environment: It is a desk job. You may not handle a team. Local travel is a part of the job role as you may travel to meet your clients. Unless you choose to work independently, you are likely to work more than 40 hours a week.
Opportunities for work exist for differently abled in this field
Prakash Gaba is SEBI registered Research Analyst who is also a certified Financial Technician. Gaba is the winner of Viewer’s Choice 'Best Technical Award'. Gaba has over 20 years of experience in the market. Currently he appears on CNBC TV18 & CNBC Awaaz.*
Financial Analyst
NCS Code: 2412.02 | BFSI081. Complete 10+2 in the Commerce stream
2. Complete a Bachelor’s in Finance or related subjects
OR Pursue Chartered Accountant program followed by the Chartered Financial Analyst exams
OR Complete a Bachelor's degree followed by an MBA in Finance
OR Pursue a Diploma in Finance or any related subjects, earn four years of work experience and then take the three exams of the Chartered Financial Analyst
Please check the duration of the course during enrolment
The course is offered by the Department of Commerce.
This list of institutes is indicative only
Government Institutes
1. Manbhum Mahavidyalaya, Purulia
2. Government College, Madappally
3. Adarsh College of Arts and Commerce, Mumbai
4. SNDT Arts and Commerce College for Women, Pune
5. Digboi College, Assam
6. Guru Nanak Dev University College, Jalandhar
7. Mumbai University
8. Patna Women's College, Patna
Private Institutes
(Please check if Institute is affiliated and accredited with UGC before applying)
1. Apeejay College of Fine Arts, Jalandhar
2. Acharya Institute of Graduate Studies, Bengaluru
3. Institute of Management & Computer Studies, Mumbai
4. St Xaviers College, Ranchi
5. Kanya Maha Vidyalaya, Jalandhar, Punjab
6. Indira College of Commerce and Science, Pune
7. Amrita Vishwa Vidyapeetham, Mysore
8. Rathinam College of Arts and Science, Coimbatore
Information on the institute rankings can be found at - https://www.nirfindia.org/2022/Ranking.html
Distance learning Institute
Indira Gandhi National Open University (IGNOU)
Online courses
• Udemy - https://www.udemy.com/courses/finance-and-accounting/
• Coursera - https://in.coursera.org/search?query=finance&
The approx. course fee ranges between INR 1,00,000 - 3,00,000*
*(The above-mentioned figures are approximate numbers. This will vary from Institute to Institute)
SCHOLARSHIPS
• National Scholarship Portal - Visit http://www.scholarships.gov.in. Under this portal there are Central Government schemes offered by different departments, UGC/AICTE Schemes and State Schemes*
• Visit http://www.buddy4study.com for details on available scholarships. This is a gateway to scholarships starting from Class XI*
• Scholarships are also made available in institutes based on merit*
*(Availability of these scholarships can vary from time to time)
LOANS
• VidyaLakshmi, http://www.vidyalakshmi.co.in, is a portal for students seeking education loan. This portal has been developed under the guidance of the Department of Financial Services, (Ministry of Finance), Department of Higher Education (Ministry of Human Resource Development) and Indian Banks Association (IBA)
• Some states have student credit cards with low interest rates, for instance, West Bengal, Odisha, Bihar, etc.
• All banks give education loans
Places of Work: Banking Companies, Non-Banking Financial Companies
Entrepreneurship: You can choose to work as an independent financial analyst
Work Environment: It is a desk job. You may not handle a team. Local travel is a part of the job role as you may travel to meet your clients. Unless you choose to work independently, you are likely to work more than 40 hours a week.
Opportunities for work exist for differently abled in this field
Financial Analyst → Senior Financial Analyst → Financial Manager
The approx. salary of an Financial Analyst ranges between INR 20,000 - 84,000* or more per month.
Source: https://www.payscale.com/research/IN/Job=Financial_Analyst/Salary
*These figures are indicative and subject to change
Experts from the field
Prakash Gaba is SEBI registered Research Analyst who is also a certified Financial Technician. Gaba is the winner of Viewer’s Choice 'Best Technical Award'. Gaba has over 20 years of experience in the market. Currently he appears on CNBC TV18 & CNBC Awaaz.*
Source: https://prakashgaba.com/
*The above information is for training purposes only and will not be used for any commercial gains
market analyst, financial analyst