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Business and Finance
How to become a Financial Analyst in Colombia
Financial analysts study companies, markets and investments to guide decisions on where money should go.
Quick answers
- What does a Financial Analyst do?
- Financial analysts study companies, markets and investments to guide decisions on where money should go.
- How do you become a Financial Analyst in Colombia?
- Common ways in: Degree in finance, economics or accounting (about 3 years); Investment certification (e.g. CFA) (about 2 years). Routes and durations vary by country and person.
- Which school subjects help you become a Financial Analyst?
- Mathematics, Economics.
Official definition
Financial analysts conduct quantitative analyses of information affecting investment programmes of public or private institutions.
ISCO-08 unit group 2413, Financial analysts. Contains ESCO data. (c) European Union. Reuse authorised provided the source is acknowledged (Commission Decision 2011/833/EU). ISCO-08 is the International Standard Classification of Occupations of the International Labour Organization.
What the work involves
- Build financial models
- Analyse company and market performance
- Write investment recommendations
Key skills
- Financial modelling
- Data analysis
- Statistics
- Communication
Where this career can lead
CareerProof Global guidance: common routes and typical durations compiled by our team; they vary by country and person.
Ways in
CareerProof Global guidance: common routes and typical durations compiled by our team; they vary by country and person.
Degree · about 3 years
Degree in finance, economics or accounting
Certification · about 2 years
Investment certification (e.g. CFA)
School subjects that keep this path open
- Mathematics
- Economics
Subjects this work relies on
How important each subject's knowledge is in the job itself, rated by people doing it (1 to 5).
- Mathematics or StatisticsO*NET: MathematicsExtremely important (4.6)
- Economics or AccountingO*NET: Economics and AccountingVery important (4.2)
- Computer StudiesO*NET: Computers and ElectronicsVery important (3.7)
- English or Literature in EnglishO*NET: English LanguageImportant (3.0)
Linked to the ESCO occupation financial analyst and the O*NET profile Financial Quantitative Analysts through the official ESCO to O*NET crosswalk. O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
Preparation needed
Job Zone Five: Extensive Preparation Needed
- Most common education (US)
- Master's Degree
- Education
- Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
- Experience
- Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
- Training
- Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.
Linked to the ESCO occupation financial analyst and the O*NET profile Financial Quantitative Analysts through the official ESCO to O*NET crosswalk. O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
Where this career can lead
CareerProof Global guidance: common routes and typical durations compiled by our team; they vary by country and person.
Careers people move in from
Careers with similar skills
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- Data ScientistShares statistics, data analysis
- Management ConsultantShares data analysis, communication
- Public Health OfficerShares data analysis, communication
- StatisticianShares statistics, data analysis
- Supply Chain AnalystShares data analysis, statistics
Related occupations
Occupations O*NET links to this one by similar work, skills and knowledge.
- Data Scientists
- Financial Risk Specialists
- Financial and Investment Analysts
- Statisticians
- Operations Research Analysts
- Investment Fund Managers
- Statistical Assistants
- Business Intelligence Analysts
- Management Analysts
- Credit Analysts
Linked to the ESCO occupation financial analyst and the O*NET profile Financial Quantitative Analysts through the official ESCO to O*NET crosswalk. O*NET data describe work in the United States; requirements differ by country. This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. CareerProof Global has modified all or some of this information; USDOL/ETA has not approved, endorsed, or tested these modifications.
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