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Becoming a Financial Analyst

Becoming a Financial Analyst. By: Francisco Escobar. Top Five Colleges. New York University. Baruch College. New York, NY Average SAT Scores Critical Reading:610-710 Math: 600-720 Writing: 620-710 GPA- 3.6 Tuition- $40,082. New York, NY Average SAT Scores

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Becoming a Financial Analyst

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  1. Becoming a Financial Analyst By: Francisco Escobar

  2. Top Five Colleges New York University Baruch College • New York, NY • Average SAT Scores • Critical Reading:610-710 • Math: 600-720 • Writing: 620-710 • GPA- 3.6 • Tuition- $40,082 • New York, NY • Average SAT Scores • Critical Reading:490-590 • Math: 560-670 • GPA- 3.13 • Tuition- Instate- $4,600 • Out of state - $12,450

  3. Hofstra University SyracuseUniversity • Hempstead,  New York  • Average SAT Scores • Critical Reading: 540 - 630 • Math: 560 - 640 • GPA- 3.4 • Tuition- $31,800 • Syracuse,  New York   • Average SAT Scores • Critical Reading:510 - 620 • Math: 540 - 650 • Writing: 520 - 630 • GPA- 3.6 • Tuition- $36,302

  4. Fordham University • Bronx,  New York  • Average SAT Scores • Critical Reading:570 - 670 • Math: 570 - 670 • Writing: 570 - 670 • GPA- 3.7 • Tuition- $38,602

  5. Training, Qualifications, and Advancement • Financial Analysts need a bachelor’s degree in business, finance, statistics, accounting, or economics. • Some jobs will require other degrees like an MBA or a Master’s degree in finance. • Another certification that will help in the advancement in a job is a Chartered Financial Analyst.

  6. Nature of the Work and Personal Traits • The job will consist of meeting with clients and helping them decide on what is the best way for them to invest their money. • You will need to be able to analyze different types of investments like stocks, bonds, or commodities. • Some personal traits that are needed are good communication skills, analytical skills, and problem solving skills.

  7. Trends and Outlooks • There is a greater need for companies to diversify their investments so now it is more common to invest in foreign markets. • Financial Analyst will be required to know about foreign markets and companies.

  8. Job Availability and Earning Potential • There were 250,600 jobs in 2008 for a financial analyst. This number is expected to increase 20% by 2018. • The median salary for a financial analyst is $73,150 and the highest salaries are around $141,070. • Many jobs are located here in New York City.

  9. Challenges/Drawbacks and Related Occupations • Some things that might keep people from entering this field are the extensive amount of research you must do and the complex financial information you have to be able to understand. • Related occupations • Accountants • Budget analysts • Securities, commodities, and financial services sales agents

  10. Sources • Syracuse University • http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=1269&profileId=2 • photo http://media-cdn.tripadvisor.com/media/photo-s/01/06/a4/08/syracuse-university.jpg • Hofstra University • http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=3260&profileId=2 • photo http://www.hofstra.edu/images/debate/debate_campus_008.jpg • Fordham University • http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=3582&profileId=0 • photo http://www.hofstra.edu/images/debate/debate_campus_008.jpg • Baruch College • http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=1677&profileId=7 • Photo: http://www.primusyurtdisiegitim.com/images/ColorSeal_By_Emseal_Baruch.jpg • NYU • http://collegesearch.collegeboard.com/search/CollegeDetail.jsp?collegeId=3186&profileId=7 • Photo http://cache.gawker.com/assets/images/kotaku/2008/12/170px-NYU_seal.png • Financial analyst information • http://www.bls.gov/k12/money02.htm • http://www.bls.gov/oco/ocos301.htm

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