dcsimg

Career Story: Financial Analyst At A Mutual Fund Company

Financial Analyst At A Mutual Fund Company

Job Title: Financial Analyst

Education: BS in Mechanical Engineering •• MS in Mechanical Engineering •• Masters in Business Administration (MBA)

Previous Experience: Summer job at a buy side investment firm in New York

Job Tasks: My company invests in the stock market on behalf of clients. My job is to help manage several mutual funds.

The point of investing in mutual funds is that your savings grow faster than the market benchmark. There are all sorts of investment styles and benchamarks, but in the end what counts is that your fund consistently outperforms the benchmark.

My job as an analyst is to figure out what stocks to buy and sell so that investors in our fund do well. It involves a lot of thinking and analysis.

Before I make a decision to invest in one company, I may look at dozens of companies and pass. In the process of analyzing a company I look at quantitative and qualitative aspects of an investment. Since my fund has a low turnover and long investment horizon, I spend a lot of time thinking about long term potential of the company. This involves understanding the industry in which it operates and company's competitive position within its industry. I also study strategic direction of the company and use my imagination a lot to figure out what this company can become in few years, how the external environment combined with their internal capabilities can result in a positive outcome. If I figure out that this is a good investment and my competitors fail to see the potential, we can make money for clients in the long run.

Researching a company involves analyzing fiancial statements - it is important to understand their financial health, especially in today's turbulent economy. Strong quantitative skills and natural curiosity make a strong financial analyst.

I also travel a lot to meet with company CEO's at conferences and at their offices.

Best and Worst Parts of the Job: The job is highly intellectual. Working with very smart people is a big plus. Every day there is something new to learn, new industries to discover and interesting people to meet. Variety and intellectual challenge make this job very interesting.

The toughest part of the job is keeping up with a lot of information and long days. Stock market is unpredictable day to day, so coming in every morning you don't really know how your day will turn out. Investing is a very competitive field, there is never any downtime.

Job Tips:
1. It is very important to get solid quantitative footing in school.

2. You must have top grades and attend a prestigious school to get your foot in the door. Try to get an internship and make your way into an organization.

3. It helps to invest in stock before you look for a job, so that you'll have more to talk about in an interview.

4. Be prepared to study hard for a CFA title (certified financial analyst) or an MBA (masters in business administration) from a top school

Popular Schools offering Financial Analysis Programs

quickinfoClick the Visit School Site buttons to go directly to a school's website and learn more about the school and programs it has to offer. School website will open in a new tab. .

Click the Request Info buttons to request more information from a representative at the school

Matching School Ads

CSU Global Campus - Management Information Systems & Business Analytics

  • Programs: Master in Finance, Master - Professional Accounting, Graduate Specialization - Accounting, more...
  • Degrees: Master, Bachelor

You can get started on a new career with Institute of Technology.

  • Programs: Accounting
  • Degrees: Associate

Welcome to Argosy University

Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges:  College of Behavioral Sciences, Graduate School of Business and Management, College of Education,  College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.

  • Programs: Business Administration - Finance (BS) (Online), Business Administration - Accounting (BS) (Online)
  • Degrees: Bachelor

Saint Xavier University, Chicago’s oldest Catholic university, has a long history of educating students to prepare them for professional success and lay the foundation for personal fulfillment.

  • Programs: MS in Finance
  • Degrees: Master

Baker College is proud to be the largest independent college in Michigan with the most focused approach to education and training available. With one of the highest graduate employment rates in the country, our mission is to help our students find meaningful employment.

  • Programs: Finance - Bachelor, Finance - MBA (Master's), Accounting - Associate, more...
  • Degrees: Bachelor, Master, Associate
Utica College
Online

What They’re Known For

Founded in 1946 and located in the heart of central New York, Utica College is a regionally accredited, independent, private institution that features many of the advantages of a large university — such as undergraduate and graduate degree options, excellent academics, and outstanding faculty — with the intimacy and high degree of personal attention more closely associated with smaller private institutions.

  • Programs: MBA - Finance/Accounting
  • Degrees: Master

A Rutgers business education prepares students for success – not just in their chosen fields but also in their lives.

  • Programs: Master of Governmental Accounting (Online)
  • Degrees: Master

Since 1888, The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs.

  • Programs: Master of Accountancy, MBA - Accounting
  • Degrees: Master
California College San Diego
National City, San Diego, San Marcos

The Secret to Getting Ahead is Getting Started

  • Programs: Business Management & Accounting (AAS), Accounting (BS), Business Management & Accounting - Property Management (AAS)
  • Degrees: Associate, Bachelor
National Career College
Panorama City

Choosing a school and a new career path can be a very overwhelming process.

  • Programs: Business Management and Accounting
  • Degrees: Associate
Matching School Ads
You are visiting:

Find a school near you

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Financial Analysts, including:

Back to Top