by Earthworm

Financial Analyst Career : Role and Responsibility

Financial Analyst is the person who performs financial analysis to understand the financial health of the company.

In my previous articles, Hedge Fund Analyst and Private Equity Analyst, we covered the details about the profiles. Financial Analysis covers fundamental analysis, ratio analysis, financial modeling and valuation.

Broadly, in following areas the financial analysts are required.

1. Buy side firms

2. Sell side firms

3. Investment Banks

Buy side firms are basically different funds, including mutual funds, where the financial analyst studies different companies, performs research and analysis tools and give recommendations whether to invest in the company or not for the fund. This is in house research.

Sell side firms are basically research houses or brokerage firms. They cover certain companies and write detailed equity research reports and sell this research to the clients. The main idea here is to sell research and generate brokerage from client’s transactions.

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In Investment banks, the financial analyst’s role is different. Here, he covers mainly IPO (Initial Public Offering) process and M&A (Mergers and Acquisitions) deals. The analyst plays active role in all these deals.

Following is the skill set required for financial analyst profile:

1. Solid analytical skills

2. Curiosity and interest in analyzing, understanding companies in depth

3. Solid fundamental valuation skills acquired in business school, or as a consultant

4. Interest in understanding, analyzing a company’s business

5. Clear financial and quantitative concepts

6. Ability to build financial models

7. Sectoral expertise in Telecom, Media, Technology, Insurance, Banking, Food & Beverage.

8. Strong analytical and MS Excel skills (Macros, V-Lookups and Pivot Tables) with strong communication skills

In India, entry level financial analysts earn in the range of INR 3,00,000 – 7,00,000 per annum. In London, the same profile will give you the salary in the range of GBP 20,000 – 50,000. In US, for the same profile, you can earn $ 35,000- 80,000.

There are many KPOs where fresher and entry level openings are available. However, check the skills they want for these roles. The selection process for the companies involves case based test, and two rounds of interviews. My experience says, if you are really good in fundamental and analytical skills, you can grab such roles.

So, brush up your financial knowledge and be ready to test your analytical skills.

What are your career plans? Write to me.

Industrial Nanotech Retains New York Securities Firm

NAPLES, FL (PRWEB) May 11, 2006

Industrial Nanotech (OTC: INTK), a company that specializes in nanotechnology innovation and product development, announced the retention of Great Eastern Securities, Inc. to advise the Company on matters relating to the capital markets such as project financing, analyst coverage and stock exchange listing.

According to Stuart Burchill, Chief Executive Officer of Industrial Nanotech, “We believe that based on the rapid growth of our company and shareholder base, it is important to properly position the company for future expansion by aligning ourselves with quality advisors. Great Eastern stood out over several investment banking and brokerage firms that approached us because of their strong understanding and influence in the microcap markets. We will be working directly with the principals and key personnel of the firm, who are well respected in the financial community for their strategic capabilities, high level of integrity and ability to deliver significant shareholder value. With the assistance of Great Eastern, we will begin taking the necessary steps to prepare the company for listing on a broader exchange.”

Great Eastern is a full service broker dealer headquartered in the heart of Wall Street with locations across the US serving individuals, businesses, corporations, and institutions. Great Eastern was founded in 1971 and has been a member of the National Association of Securities Dealers (NASD) since 1980. For almost a quarter of a century, Great Eastern has been providing clients with products, services and relationships they need to realize their financial potential.

About Nansulate™

Nansulate(tm) is a water-based translucent insulation coating containing a nanotechnology based material. The coating’s ability to resist mold, prevent corrosion and provide thermal insulation is well-documented. The Company and its licensed distributors distribute Nansulate(tm) products worldwide.

About Industrial Nanotech Inc.

Industrial Nanotech Inc., (INTK: Pink Sheets) is a global nanoscience solutions and research leader. The company seeks to introduce new and innovative marketing applications for nanotechnology by participating with world leading scientists and laboratories, including Sandia National Laboratories and Princeton Polymers Laboratories. Industrial Nanotech Inc. continues to develop and commercialize nanoscience solutions, such as Nansulate™ products, that address real-world needs. Its products are currently being tested by Global 100 companies for potential use.

See http://www.industrial-nanotech.com for more information.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:

Industrial Nanotech, Inc.

(800) 508-6153

ZA Consulting

Investors:

David Zazoff

(212) 505-5976

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