What makes a good analyst?
So, I keep hearing about star analysts etc. Since I am going to be an analyst next year, i was just wondering what does it take to become a star analyst. Is it mainly Excel skills? Is it having your shit together in all aspects? Is it asking intelligent questions and offering good recs for pitch book pages? What does it take? Who are the people who get top bonus?
Like for example, when I interned last summer, one of the associates told me that out of the several summer analysts in our group, I had the best reasoning and analytical skills, and that was really valuable. He said that even though my excel skills were lacking in comparison to two other summers, reasoning and logic were a lot more important for the job. In the end, what is the key factor?
Attitude is the key factor.
There used to be a handout that went around the office with "101 ways to be a good FA" or something like that. It had a good set of rules to follow and consider as an analyst. Maybe someone here has it and can scan it for you?
Run through walls for your officers.
You have to see the exact situation in your office environment and adapt to it. Hopefully, get staffed with good-natured people, do a good job for them, prove yourself, and get rewarded. Be warned though... sometimes, no matter how hard you try, you won't be a star. Everyone's intelligent and everyone knows Excel in ibanking.
i asked this question of an associate today, and he gave me the following response
1-When your top guys say jump, you say how high 2-Show initiative 3-have a good attitude towards work
diligence
how hard is it to become a star analyst? assuming you are willing to put in the hours?
i used to wonder how much value an analyst could add. most of the times, i think not much. so how do we justify someone being a star analyst and getting a much heftier bonus?
if you're willing to sleep little, never complain, and you have minimal errors in your models / analysis you pretty much become a "star"
But in my opinion, the most important aspect of being an analyst (aside from sacrificing everything for your job, because everyone does that), is the ability to pick up something and do it right the first time. And if you don't do it exactly right, find out what you did wrong and never make the same mistake twice.
in my opinion anyway
The world has changed. And we must change with it.
the same thing that makes a good girlfriend...
shut up, dont talk back, do what you're told and make my life easier.
What is a "Good Analyst" (Originally Posted: 07/08/2008)
The continuing rounds of layoffs coming from wall street made me wonder...
.. a lot of people on this forum describe analyst work as menial and requiring no real brainpower. If so, what makes one analyst better than the other? Is it simply the analyst's attitude or their "fit" with the bank?
Natus sint soluta qui accusamus et ipsa. Voluptas beatae quia harum porro fugiat aliquam. Dicta aliquam quisquam voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...