In the entrepreneurial world, finance is an essential factor to run or increase the value of businesses. A company’s financial data and its future financial scenarios are looked after and foreseen respectively. Not only that, but it also helps in shaping the strategy for businesses through reliable and accurate insights. One can examine budgets, businesses, projects, and other finance-related transactions and decide their performance and suitability. Usually, financial analysis helps scrutinize if an entity is debt-free, stable, liquid, or profitable enough for a monetary investment. Due to all these factors, there is always a huge demand for financial analysts in the market.
“A good financial plan is a road map that shows us exactly how the choices we make today will affect our future.” – Alexa Von Tobel
What are the Skills Required to become a Financial Analyst?
Before diving into the details of how to become a financial analyst and the financial data analytics courses in India, you must possess certain skills that will be the key to become a successful financial analyst in today’s world. The following skills are looked for when recruiting a financial analyst:
- Analytical skills
- Research skills
- Technical skills
- Communication skills
- Writing skills
- Decision-making skills
- Leadership skills
“Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don’t do it.” – Mark Cuban
You now must be dubious and wondering, ‘how can I acquire these skills?’ Well, there are various institutes such as IIM Raipur, XLRI Jamshedpur, and IIM Kozhikode that provide financial analytics graduate programs such as digital finance, applied financial risk management, financial analytics, and advanced financial management that provide financial analysis certification courses online, for you to excel in the said field.
These financial analytics courses 2021 can easily fit in your busy schedule and can be accessed from anywhere and will help you learn more about financial analysis and use the skills unerringly.
Following are the Financial Analytics courses in India offered by each institute.
|Institutes offering Financial data Analytics courses in India||Financial Analysis Courses 2021|
|Indian Institute of Management, Raipur|
|Indian Institute of Management, Kozhikode||
|Indian Institute of Management, Kashipur||
Why should you pursue Financial Analysis Online Certification Courses?
If you are good with numbers, then financial analyst is your go-to profession. But as mentioned before, to have a career in financial analysis, you must have the requisite knowledge and skills. To help you with the same, enrolling in an online financial analysis course will do the trick.
These financial analysis certification courses online provide all the knowledge that you require to enhance the company’s profitability and efficiency.
If you want to work for banks, investment firms, stock brokerage firms, insurance companies, to provide recommendations based on your findings, then online financial analysis courses can help you achieve the same.
Along with that, if you prefer high-risk, high-reward circumstances and if you value education, then you should pursue a financial analysis course and make a good living in this industry.
Perks of Financial Analytics Course Online
There are a lot of advantages of pursuing financial analytics courses 2021 in online mode.
- You can avail of a financial analyst course online from anywhere as the course is completely online and no physical attendance is required. The course materials are available online at all times since they are uploaded on a portal to which you will be given access.
- After you pursue the online financial analytics course, you will be offered a certificate of completion from the eminent institutes you pursued the course from.
- Only experienced and learned faculty will be leading the course.
- The data analytics in finance syllabus is only designed by the institute that is offering the course.
Responsibilities of a Financial Analyst
After completing the financial analyst course, you must be curious about the responsibilities that will be given to you. As a financial analyst, you will have to
- Make investment decisions that are analyzed to estimate forecasts for the industry, business, and economic environment.
- Create spreadsheets, graphs, and charts that show financial trends such as inflation, interest rates, and so on.
- Present the managers with financial data such as the Cash Flow Statement, Balance Sheet, and Income Statement.
- Make financial decisions through preparing revenue and cost estimates.
- Create and review the company’s financial records.
- Have knowledge of new policies in corporate law, taxation, and financial reporting regulations that may have an impact on investment policy.
Pay-scale of a Financial Analyst
Not only is it important to know the roles and responsibilities of a financial analyst after pursuing the financial analytics course online, but it is also important to know how much one will earn in this field.
As per the stats, the average salary of a financial analyst is Rs 355,717 per year.
But, acquiring the requisite skills and procuring the financial analysis certification course online from a recognized university, the numbers will most certainly rise up.
Upon analyzing the facts, it is understood that having the required skills also makes you a quality hire as all these skills and qualities go hand in hand, and having one attribute opens the door to another. You can pursue online financial analysis certification courses to acquire these skills. These courses will not only make you savvier but will also make you a desirable candidate in the financial industry.
“Let no feeling of discouragement prey upon you, and in the end, you are sure to succeed. –Abraham Lincoln”
So, do your research and find which specialization in financial analysis course online will be most suitable for you to acquire and hone the necessary skills to pursue the financial career of your dreams.