1 answer
Aaryn
Student
Holland, Ohio
2
Questions
Asked
130 views
What is the process like entering the workspace is it hard to get into that setting and begin that career path??
I was wondering about how being a worker in the field with working with stocks was like I'm really interested in it. I'm just not sure what the process of starting and going through it is.
Login to comment
1 answer
Kevin P Hust, MBA
Risk Administration and Army Officer
62
Answers
Dallas, Texas
Updated
Kevin P’s Answer
Hey there Aaryn, so there are alot of different fields that function in what you are referring to. But I’ll narrow it down to two just for the conversation.
Financial Advising and financial analyst. They are very different from one another but both deal with stocks very closely. Both have different levels of stress but both can be very very financially lucrative.
Financial Advisors deal with people and help them big the right stocks or portfolio of funds for their investment needs. You might work in a retail bank or some other office setting meeting with clients. You need to have great people skills, sales skills, and obviously deep knowledge of stocks and how they fit into a specific clients portfolio. You need licenses in order to advise on this. Banks will help you with that. Some have a CFP designation as well. Certified Financial Professional.
Financial Analysts look at a companies stock performance and then decide if it’s a good investment or bad investment. You don’t deal with clients so much here but it’s highly analytical and very much math based. Lots of computer and spreadsheet analysis. So it’s more individual to you. This leads to Investment Banking. To be competitive here you may need to have a CFA. Chartered Financial Analyst. This test is very intense.
Either way, college degrees help here. Finance or economics are great areas to focus. Working for a bank or investment firm is a plus. You can do it but you’re looking into a competitive field. So you have to stay focused!
Financial Advising and financial analyst. They are very different from one another but both deal with stocks very closely. Both have different levels of stress but both can be very very financially lucrative.
Financial Advisors deal with people and help them big the right stocks or portfolio of funds for their investment needs. You might work in a retail bank or some other office setting meeting with clients. You need to have great people skills, sales skills, and obviously deep knowledge of stocks and how they fit into a specific clients portfolio. You need licenses in order to advise on this. Banks will help you with that. Some have a CFP designation as well. Certified Financial Professional.
Financial Analysts look at a companies stock performance and then decide if it’s a good investment or bad investment. You don’t deal with clients so much here but it’s highly analytical and very much math based. Lots of computer and spreadsheet analysis. So it’s more individual to you. This leads to Investment Banking. To be competitive here you may need to have a CFA. Chartered Financial Analyst. This test is very intense.
Either way, college degrees help here. Finance or economics are great areas to focus. Working for a bank or investment firm is a plus. You can do it but you’re looking into a competitive field. So you have to stay focused!