Financial and Investment Analysts
(NOC 1112)
in All Business, Finance, and AdministrationFinancial and investment analysts collect and analyze financial information like economic forecasts, trading volumes and the movement of capital, financial backgrounds of companies, historical performances and future trends of stocks, bonds and other investment instruments to provide financial and investment or financing advice for their company or their company's clients. Their studies and evaluations cover areas like takeover bids, private placements, mergers or acquisitions. Financial analysts work for wide range of organizations throughout the private and public sector like banks, brokerage houses, insurance companies, investment companies, manufacturing firms, trust companies, utility companies and underwriting firms. Investment analysts work for brokerage houses and fund management companies.
Job Outlook
Average
Read more
Compared to: All Business, Finance, and Administration
Hourly Pay
$16.67
Minimum$22.72
Median$62.50
MaximumAnnual Pay
$10,118
Minimum$54,651
Median$115,060
MaximumCompared to: All Business, Finance, and Administration
Hourly Pay
$15.00
Minimum$23.00
Median$38.50
MaximumAnnual Pay
$6,754
Minimum$36,515
Median$70,271
MaximumAbout the job
Nature of work
Financial and investment analysts collect and analyze financial information like economic forecasts, trading volumes and the movement of capital, financial backgrounds of companies, historical performances and future trends of stocks, bonds and other investment instruments to provide financial and investment or financing advice for their company or their company's clients. Their studies and evaluations cover areas like takeover bids, private placements, mergers or acquisitions.
Financial analysts work for wide range of organizations throughout the private and public sector like banks, brokerage houses, insurance companies, investment companies, manufacturing firms, trust companies, utility companies and underwriting firms. Investment analysts work for brokerage houses and fund management companies.
Job duties
Financial analysts:
- Evaluate financial risk, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations.
- Plan short- and long-term cash flows and evaluate financial performance.
- Analyze investment projects.
- Advise on and participate in the financial aspects of contracts and calls for tender.
- Follow up on financing projects with financial backers.
- Develop, implement and use tools for managing and analyzing financial portfolio.
- Prepare a regular risk profile for debt portfolios.
- Help in preparing operating and investment budgets.
Investment analysts:
- Collect financial and investment information about companies, stocks, bonds and other investments using daily stock and bond reports, economic forecasts, trading volumes, financial periodicals, securities manuals, company financial statements and other financial reports and publications.
- Examine and analyze financial and investment information collected, including profiles of companies, stock and bond prices, yields and future trends and other investment information.
- Provide investment advice and recommendations to clients, senior company officials, pension fund managers, securities agents and associates.
- Prepare company, industry and economic outlooks, analytical reports, briefing notes and correspondence.
Sample job titles
- cost financial analyst
- financial analyst
- investment analyst
- investment consultant
- portfolio manager
- securities analyst
- senior financial analyst
- senior investment officer
Skills
- You should have excellent organizational, analytical, and spoken and written communication skills. Good judgement, integrity, and persistence are important. You must have an aptitude for mathematics and be capable of detailed and precise work. Business skills are essential.
Job requirements
- A bachelor's degree in commerce, business administration or economics and on-the-job training and industry courses and programs.
- A master's degree in business administration (MBA) (concentration in finance) or in finance may be necessary.
- The Chartered Financial Analyst (CFA) designation, available through a program run by the Institute of Chartered Financial Analysts in the United States, may be required by some employers.
Other considerations
- Movement to management positions like securities manager is possible with experience.
By the numbers
Quick look
employed in 2016
employed full-time
self employed
median age
Compared to: All Business, Finance, and Administration
employed in 2016
employed full-time
self employed
median age
Where will I likely work?
Halifax
$55,655 median annual incomeNorth Shore
$52,091 median annual incomeAnnapolis Valley
$40,145 median annual incomeSouthern
N/ACape Breton
N/ACompared to: All NS Occupations
Halifax
North Shore
Annapolis Valley
Cape Breton
Southern
Top Industries of Employment
Finance and insurance
Public administration
Health care and social assistance
Information and cultural industries
Professional, scientific and technical services
What is the age of Employment?
25-34
35-44
45-54
15-24
55-64
65+
Compared to: All Business, Finance, and Administration
45-54
55-64
35-44
25-34
65+
Top levels of education
Bachelor
$55,776 median annual incomeMaster
$75,172 median annual incomeCollege Diploma
$52,022 median annual incomeHigh school
$34,952 median annual incomeDiploma Above Bachelor
N/ACompared to: All Business, Finance, and Administration
College Diploma
$36,304 median annual incomeHigh school
$32,903 median annual incomeBachelor
$41,755 median annual incomeTrade Certification
$34,807 median annual incomeLess than high school
$23,174 median annual incomeEducation & training
Business Administration and Management
College, Trades, or University ProgramThese programs prepare students to plan, organize, direct, and control the functions and processes of a firm or organization. They include courses in management theory, human resources management and behaviour, accounting and other quantitative methods, purchasing and logistics, organization and production, marketing, and business decision-making.
Institutions providing this program
Lower Sackville, NS
Halifax, NS
Wolfville, NS
Sydney, NS
Truro, NS
Various, NS
Business/Commerce
College, Trades, or University ProgramThese programs focus on the general study of business, including the processes of interchanging goods and services (buying, selling and producing), business organization, and accounting as used in profit-making and non-profit public and private institutions and agencies. They prepare students to apply business principles and techniques in various occupational settings.
Institutions providing this program
Economics
College or University ProgramThese programs focus on the systematic study of the production, conservation and allocation of resources in conditions of scarcity, together with the organizational frameworks related to these processes. They include courses in economic theory, microeconomics and macroeconomics, comparative economic systems, money and banking systems, international economics, quantitative analytical methods, and applications to specific industries and public policy issues.
Institutions providing this program
Wolfville, NS
Sydney, NS
Finance
College or University ProgramThese programs prepare students to plan, manage, and analyse the financial and monetary aspects and performance of business enterprises, banking institutions, or other organizations. They include courses in principles of accounting, financial instruments, capital planning, funds acquisition, asset and debt management, budgeting, financial analysis, and investments and portfolio management.
Institutions providing this program
Wolfville, NS
Sydney, NS
Various, NS
Employment requirements & contacts
No regulating bodies were found under this occupation profile
Contacts
Additional resources
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