An Equity Analyst is a person who analyses financial data for an organisation. He/she may work in brokerage, analyst or securities organizations, security investment, insurance companies and other businesses. An Equity Analyst usually has either a Master of Finance or MBA. To become an equity analyst, one should get proper degrees and experience. Internships with companies in the financial industry are good ways to get started.
What do they do?
As an Equity Analyst, you will be researching and reporting on the state of securities. You will be responsible for analysing the market and finding out the right opportunities for trading. You will be helping individuals and organisations in making investment decisions. You will also consider risk management strategies before advising. In order to become an analyst, you should be competent in technical analysis to determine which securities are likely to be profitable.
- Good in technical and fundamental analysis
- Should have understanding of risk management strategies
- Sense of ethics, honesty is key
How do I get there?
You should have an MBA, preferably in finance. Invest your initial years in understanding the markets and practising technical and fundamental analysis. Apart from this, basic knowledge of the exchanges such as NSE and BSE should be clear.
Typical day in the life of a Equity Analyst
Pros & Cons about this career
Not much field work is required Huge scope of learning
Pressure is very high Change in the market scenario affects the demand for an analyst