Most finance jobs entail a lot of research work for carrying out various analyses and generating statistical reports. People who possess optimum research skills can achieve quick data retrieval by using appropriate resources. Most research finance jobs require a degree in mathematics, statistics or accounting.
Research Finance Jobs: Options
Here are some career options in research finance jobs:
Financial Analyst: This professional studies particular investment opportunities that customers are interested in and provides them the relevant information. A financial analyst can be employed by a bank, insurance company, mutual fund or investment firm. S/he encapsulates the financial data in a spreadsheet and forwards it to the relevant parties. Investors base their decisions on the research done by a financial analyst.
Equity Research Analyst: If you possess sound data manipulation and management skills and have a keen eye for detail, the job of an equity research analyst is the best option for you. As an equity research analyst, you would be examining equity financial transactions data. These may be regarding property or financial instruments. Finance graduates can pursue a course in information studies or humanities to gain an edge over others.
Information Analyst: A post graduate degree is a must to be an information analyst. As an information analyst, your core task would be to prepare statistical analysis and interpret results by carrying out research. Most firms give preference to candidates who have experience in information studies and data management. This job entails a thorough understanding of computer software, such as data management systems.
Price Analyst: This professional is employed by advertising, manufacturing and marketing firms. The main function that a price analyst performs is to report the prices of complementary and substitute products. S/he ensures that the firm is getting a proper price for the purchases it makes. A price analyst also prepares the list of important items along with their prices. This list is referred to in the future for determining price changes. As a price analyst, you will conduct research, develop comparators, examine results and set up a cost accounting process. This designation requires one to possess excellent analytical, computer and communication skills.
Financial Research Analyst: This professional reviews vast data, makes financial forecasts and conducts research on banks, hedge funds and mutual funds. Experience in mergers and acquisitions transactions, financial modeling and writing research reports will provide you an edge over others. This job requires a lot of technical and critical thinking skills.