Investment analysts develop particular areas of expertise. They research and analyse specific sectors in order to advise people in sales & trading about different markets, as well as sometimes creating new financial products. The recommendations are not made public for anyone else to use.
Lifestyles are less hectic in research than in sales and trading areas and working hours are less punishing, although you will still be expected to get into the office before markets open around 6am.
Jobs in research are very meritocratic, which means that very quick promotion is possible. Jobs for graduates in investment analysis generally start in large investment banks, but working for specific asset management companies is another possibility. Career progression can often involve moving into areas such as hedge funds.
- Monitoring financial news and keeping up to date with the markets
- Producing research reports
- Making investment recommendations to traders and fund managers.
A buy-side analyst’s success or talent is gauged by the number of profitable recommendations he or she makes to the fund.
Analysts need excellent command of the English language, which can give UK students a much needed edge in the highly competitive world of global banking. Academic and research skills are crucial, as well as a highly analytical mind and a good understanding of business, economics and the financial markets.
An interest in current affairs as well as a passionate interest or expertise in a particular field, such as pharmaceuticals or engineering for instance, is very useful.
Graduates in this field will need excellent academics and previous work experience. They will often come from backgrounds in mathematics, statistics and economics, but other degree areas can be useful for particular areas of research, such as technology.
Hear about graduates working in Analysis: