Career Option in Securities & Analysis / Investment
Banks, insurance companies, mutual and pension funds, securities firms, and other businesses need securities analyst, investment analyst or a financial analyst to analyse financials that help in making investment decisions. In companies, financial analysis includes balance sheet analysis, examining the audited financial statements and corollary data in order to assess lending risks. In a stock brokerage house or in an investment bank, the job involves analysing commodity prices, sales, costs, expenses, and tax rates to determine a company's value and project future earnings.
Education Details & Eligibility:
Jobs in Securities Research and Investment Management place a high premium on quantitative abilities, creativity and intuitive insight. Investment banks provide governments and corporations with investment services, including buying, selling, and trading securities, managing assets, and giving financial advice on Mergers/Acquisition/Takeovers/Buyouts.
Investment banks are made of departments that handle specific areas of investment. Sales and trading departments serve securities holders, investment banking departments serve governments and organizations that issue securities, and capital markets departments help mediate the securities exchange process.
Security analysis refers to the analysis of tradable financial instruments called securities. These can be classified into debt securities, equities, or some hybrid of the two. The last decade saw an increase in risk avoiding instruments called Derivatives with Futures and Options as financial products.
Security analysis is typically divided into fundamental analysis, which relies upon the examination of Economy, Industry, and Company-wide factors that are fundamental to investment climate. The other one is technical analysis, which focuses upon price trends and momentum. In essence, fundamental analysis decides what and where to invest, while technical analysis decides when to invest.
The bachelor's degree covers the following aspects:
- Fundamentals of Accounting and Balance Sheet Analysis
- Business Statistics
- Financial Management
- Indian Financial System (Regulatory and Legal Framework)
- Financial Planning and Investment
- Portfolio Selection: Fixed and Variable Income Securities
- Commodity Market
- Derivative Securities
- Econometric Methods in Finance
- International Financial Market and Portfolio Diversification
- Portfolio Performance Evaluation
The bachelor's degree is a 3 years course, master's degree is 2 years.
Approximate Education Expenses:
The total expense for doing a course in accounting and finance at any internationally recognized institute are as follows
Bank loans and private loans can be easily arranged by directly contacting the banks through the college administration.
C.Institutions that offer this education
D.Job Opportunities and Job Roles
Persons who complete the course can join as a trainee. Once they gain experience and understand and practice the rules, they can choose career in many ways in India and Abroad.
They can become:
- Senior Financial Analyst
- Finance Controller
- Equity Research Analyst
- Balance Sheet Management Specialist
- Assistant Finance Manager
- Corporate Business Sales & Relationship Management
- Documentation Analyst
- Business Controller
- Credit Analyst - Assist Manager/ Senior Officer/Urgent
- Marketing Officer
- Derivative Analyst Manager
- Funding Officer/Manager
- Enterprise Planning Product Consultants
- Risk and Quantitative Manager/ Asst. Manager
- Cost Controller
E.Approximate Salary Range
The salary can be from Rs.15, 000 to Rs.26, 000 for freshers and increases with the persons experience and knowledge.
The New York Society of Security Analysts (NYSSA) was established in 1937 by a group of financial professionals that included Benjamin Graham, a pioneer in the financial industry. As a not-for-profit educational forum for the investment community, NYSSA promotes best and ethical practices in professionals.
Web site link: http://www.nyssa.org/