How much accounting do you have do/know as a financial analyst?
I’m a finance major about to finish my first year in college and I love finance despite not taking any actual financial analysis classes yet. However, I’m taking accounting and although I can do it and understand it’s decently easier in the first class, I literally cannot do it without banging my head against a wall. Some people have told me in order to get a decent equity analyst job you have to do a lot of accounting to create forecasts, etc. I love the stock market and can sit for hours on end looking at financial statements, graphs and ratios but I simply cannot stand accounting. I understand it’s the language of business and all that, but what would be a good job/internship opportunity for this preference? Financial advising, Equity analysis, or something else? Thx.
Having a solid understanding of accounting is critical to being an equity analyst. I felt exactly the same way you do when I was a freshman, just stick with it and it’ll get easier. Try watching some YouTube videos, there are some amazing creators out there that have found a way to spice up concepts much better than any textbook or professor.
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