Minimum ? Graduate degree with Mathematics
Will be updated
The tasks a Financial Analyst is expected to perform include:
Conducting quantitative analysis of information affecting investment programmes of public or private institutions
Analyzing financial information to produce forecasts of business, industry, and economic conditions for use in making investment decisions
Assembling spreadsheets and drawing charts and graphs used to illustrate technical reports, using computer
Proficiency in evaluating and comparing the relative quality of various securities in a given industry
Adept at interpreting data affecting investment programmes, such as price, yield, stability, future trends in investment risks, and economic influences
Proficiency in maintaining knowledge and staying abreast of developments in the fields of industrial technology, business, finance, and economic theory
Knowledge of monitoring 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
Proficiency in preparing plans of action for investment based on financial analyses
Adept at presenting oral and written reports on general economic trends, individual corporations, and entire industries
Well-versed with recommending investments and investment timing to companies, investment firm staff, or the investing public
Knowledge of collaborating with investment bankers to attract new corporate clients to securities firms
Will be updated
Good mathematical skills
Ability to think logically
Strong communication skills
Good presentation skills
It is a desk job
Need not handle a team
Local travelling is not part of this job role
Part-time work and contractual jobs are available in some cities
Work from home option is not available
Working hours are 10/12 hours everyday for 5/6 days a week. This may vary from company to company
Shift system maybe available
Is the job suitable for a candidate with special needs?
This job is not considered to be hazardous or dangerous
Occupational hazards include strain on eyes, cervical and lumbar spondylosis, carpal tunnel syndrome, mental stress, etc.
For freshers - INR 15,000 to INR 40,000 per month
For candidates with 5 years of experience - INR 50,000 to INR 80,000 per month
(These figures are indicative and subject to change)
Overview of Banking, Financial Services and Insurance Industry in India
The BFSI industry is one of the fastest growing sectors in the country. Public Sector Banks (PSB) and Non-Banking Financial Companies (NBFC) have been the leading employers in the Indian banking sector, accounting for more than 73 per cent employees. PSBs are much ahead of Private Sector Banks in expanding overseas presence, accounting for over 90% of 171 overseas branches as of FY13.
Banking credit is expected to grow at a CAGR of 17 per cent during 2012-13 to 2016-17. The banking and NBFCs are expected to generate around 1.5 million new jobs between 2013?14 and 2016?17 on account of business expansion, retirement primarily in PSBs and entry of new banks in the private sector.
The sector currently employs over 2.55 million employees and is slated to employ more than 4.2 million employees by 2022. This implies additional creation of 1.6 million jobs in the nine-year period. Keeping in mind the current employment, and the expected growth in the Banking and NBFC, we project that the total employment in the particular segment would increase from about 1.89 million in 2013 to 3.2 million jobs in 2022, which translates to an incremental human resource requirement of about 1.3 million jobs. All these factors mean that there will huge opportunities for Financial Analyst and other professionals in this sector.
Banking companies across India
Non-banking financial companies across India
Towns and cities across India