Any advice for aspiring Financial Analyst?
Hello all,
I am new to this forum and well, quite frankly new to a lot of things regarding finance. So, what I wanted to talk about is tips/advice for undergraduate students like myself looking to get into a Financial Analyst career.
I am currently an incoming sophomore at DePaul University and switched my major a couple weeks ago from Actuarial Science to Econ with a Math minor. Now, I have a decently strong math background but I want to switch my aspirations from actuarial science to the world of finance. I leaned towards economics because it just is more interesting to me and is something I would want to study more in-depth. I've taken two introductory accounting courses, calculus 1-3, and micro/macroeconomics. What should I be doing currently in order to prepare, other than the obvious such as networking and taking relevant courses in school? I am taking MS Office courses this summer as well as Python and various others.
I'm sure this forum gets a lot of these, but just hoping for some input from anybody really.
Kind regards,
Luis.
Really depends on what kind of "financial analyst" you want to be. Corporate finance? VC? IBD? It really ranges across the spectrum but here's some general advice i could give you.
Hope this helps!
love this
I'm barely qualified to comment on this, but for me, being an "officer" in my school's finance club was a big help. We put on a bunch of networking events and had a bunch of finance professionals come in and speak and I was in charge of organizing this. So it gave a lot of exposure to the industry, provided intros to people in the industry, and was a good resume leadership thingie. Also, try to not just learn technical shit. This is a time to rapidly grow as a human. Take some philosophy electives and read Black Swan and shit
Okay, yeah I'm going to start going to the Finance club at my school, well we also have an Investment club so I'll check both out. Being new and all, should I be learning basics anywhere specific, regarding technical stuff? I mean I've been watching YouTube videos and what not, but just wanted to know if there's any other great places for newbies to finance like myself or if there's "must-know basics."
Read The Intelligent Investor and embrace the dryness
Make sure to take relevant internships along the way till you graduate. Start looking and networking now. Don't wait until your junior or senior year.
Thank you everybody for the advice, I really appreciate it. I'm at a point where I feel pretty lost, not gonna lie. Hopefully I can become more involved this school year and aim for achieving those internships. I still have a lot to learn before that though.
You'll be fine, man. You have a good attitude. That's the most important thing.
Thank you, it means a lot.
i would suggest you start reading zerohedge.com its a financial blog that is very current with politics. Over time, you will learn to understand the bias the authors have, and learn how to filter the signal from the noise. While the conclusions posited at Zerohedge are stongly biased (they predicted 30 of the last 9 recessions)...they are great at finding interesting information, and analyzing it in ways you will not see in other places....and its a fun read...and they are very active on twitter @zerohedge
Okay that sounds great, I'll definitely check it out.
Iherr1133, You found the right place to be interested in finance so being active on WSO is a great start. Try and be more vague when you're giving information about yourself just so you can remain anonymous if employers were ever on here. If I were you I'd check the WSO recommended book lists on some of the forums and start with those. I did the Wall Street Prep course at my non-target university which helped a ton in my most recent interviews at a BB, espeically with gaining a basic understanding of what financial modeling is.
Best of luck dude!
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