The equity analyst responsibilities include monitoring the stock market and making use of financial expertise to invest into companies and make profits. This professional analyzes the companies traded on local and global stock exchanges and makes investment plans accordingly. The equity analyst generally works with brokerage firms, investment companies, financial research firms, financial publications, charitable endowments, etc. They generally specialize in particular industries, sectors, countries, and should be expert in detail and critical thinking with proper financial analysis skills.
The equity analyst analyzes companies in the consumer sector and creates reviews on different sectors, individual companies, and industry sub-groups. He or she must also be conversant on a wide range of companies with adequate contacts of independent sources of information. The equity analyst must timely respond to the daily news relating to the company's financial statuses and act accordingly. He must also be collaborative and eager on learning and sharing new things with other team members.
The job of an equity analyst is a highly responsible job and has a wide range of job responsibilities. The analyst needs to prepare reports according to the analysis of particular companies, calculating financial ratios, and interpreting balance sheets, cash flow statements, and income statements on daily or weekly basis. They also keep a track of investments and statements of traded domestic and global companies. To start a career as an equity analyst, a person must be knowledgeable about the stock market, working procedures of a company, financial stability, and other important issues related to the market. Along with this, he must also be aware of different job responsibilities and skills of an equity analyst.
The below provided information about the job responsibilities and skills of an equity analyst will help you to understand the actual work profile of an equity analyst.
Educational Qualifications
To apply for an equity analyst job profile, a candidate is expected to possess a bachelor's degree in finance, economics, mathematics, international finance, or financial management. Many companies, institutions, and organizations, however, prefer candidates with master's degree in business administration or financial management, along with a practical experience of two to four years.
Key Skills
An equity analyst is expected to have expert knowledge of economics and accounts. Along with this, he or she must also be expert in the following skills:
Job Responsibilities
Study the stock market and financial statuses of the companies and invest money accordingly are some of the major job responsibilities of an equity analyst. Following are some of the other common job responsibilities of an equity analyst:
Salary
Equity analyst get a huge amount of salary and incentive according to the profits they make. According to the United States Bureau of Labor Statistics, the average annual salary of an equity analyst ranges between $43,000 to $142,000. The salary may, however, vary according to the experience and professional work carried out by the equity analyst.
The above mentioned equity analyst responsibilities will guide you through the different tasks carried out by an equity analyst. This above information will also help you in planning your career as an equity analyst.