Theodore Cavaliere's Suggestions for Young Finance Professionals Interested in Financial Analysis

• Develop your computer-based software skills. The world of financial analysis is now entirely operated out of computers, and complex and powerful applications have excellent models that companies use in order to record and analyze their data. Proficiency in spreadsheets, databases, and Powerpoint are critical for effectiveness as a financial analyst.
• Build your communication skills. Financial analysts have to work with many other employees in the company in order to communicate their findings and analysis of the data, and provide recommendations, particularly to management and others in the finance department.
• Practice writing reports. Many financial analysts have a strong mathematical and accounting background but have less practice making their findings accessible to those who do not share a similar educational and career background. Being able to craft presentations and reports that impress and are clearly understandable for upper level management is key for effectiveness and advancement.
• Develop general employability and career skills. Work on time management, productivity levels, and skills-building. Assess your weakest skills and areas in need of improvement, and construct concrete strategies and action plans for how to develop those areas.
• Attend professional development trainings, especially leadership development and any trainings that are finance-related.
• Stay up to date on the happenings of the finance world. The field of finance is constantly evolving and an awareness of what’s happening nationally and internationally in markets is key to understanding how your company’s assets and finances will be impacted.

Theodore Cavaliere suggests these resources to young finance professionals considering the career:

http://www.bls.gov/ooh/business-and-financial/financial-analysts.htm
http://money.usnews.com/careers/best-jobs/financial-analyst

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