What Can I Do With a Master’s in Financial Analysis?

Financial analysts play an important role in today’s economic world. As a financial analyst, you will research economic trends and conditions to make recommendations based on industry trends, current activities, and what is best for your company.1

Landing a job in financial analysis provides you entry into one of the fastest-growing careers in today’s economy, with an estimated 277,600 financial analysts employed in 2014. That number is projected to grow by 12 percent over the next 10 years.

Earning a master’s in financial analysis can put you ahead of the curve for this growing career. Here’s a look at some of the many career areas in which you can use your degree.2

  1. Investments. Financial analysts play an important role in determining the value of sometimes complex financial instruments in addition to the more common stocks and bonds.  Financial analysts are called on to participate in valuation for investment purposes, for mergers and acquisitions, and in the field of private equity to name just a few.  This broad field includes essentially any role where determining the value of a business or financial instrument is called for.
     
  2. Banking. Financial analysts are crucial to the banking world, and a financial advisor will have many responsibilities, including evaluating risk and return positions, managing a bank investment portfolio, reviewing monthly expenses to ensure they are booked correctly, developing annual budgets and quarterly forecasts, and tracking the company’s ongoing financial status.
     
  3. Accounting and auditing services. Financial analysts play a key role in this area, providing financial and analytical support for such things as incentive compensation, forecasting, and day-to-day ledger accounting and reconciliation.
     
  4. Biotechnology and pharmaceuticals. A financial analyst will be responsible for developing and implementing financial concepts for future financial reporting, and will provide analysis and approval of project expenditures, in addition to many other important duties such as preparing and analyzing account reconciliations, and reviewing billing milestones and budgetary changes.
     
  5. Construction. Construction and infrastructure companies need competent financial analysts to prepare forecasts based on data, analyze trends and predict results, and adapt company plans to the changing business conditions.

Along with these fields, those holding a masters in financial analysis are in demand in aerospace and defense, education, computer software, consumer package goods, and more.

In addition to having a growing number of opportunities, financial analysts also enjoy higher-than-average salaries. In 2015, according to the Bureau of Labor Statistics, the average financial analyst earned an annual income of $80,310.3

Creighton University's online Master of Investment Management and Financial Analysis provides a way to strengthen your skills as a financial analyst and improve your career outlook. Visit our website to learn more about what we have to offer you.