Financial Analyst. Financial Analyst

Size: px
Start display at page:

Download "Financial Analyst. Financial Analyst"

Transcription

1 Financial Analyst It s about you Do numbers talk to you and tell you a story? Do you enjoy researching, synthesizing and modeling financial data and finding trends? If you thrive under pressure and enjoy the challenge of tight deadlines, then becoming a Financial Analyst might be for you. What is financial analysis? Financial Analysis involves collecting and analyzing financial information to help organizations make business decisions. Financial analysis is a method for gaining an understanding of an organization, or function within an organization, by measuring its performance, viability and profitability. Typically, when analyzing the performance of an organization, Financial Analysts use the company s financial statements (i.e. income statement, balance sheet and cash flow statements). One of the most common approaches is to use financial ratios (e.g. profitability ratios, debt ratios) to compare against those of another company or against the company s own historical performance. Understanding and interpreting the story that ratios tell is the core of financial analysis. For example, return on assets (ROA) is a common ratio used to determine how efficiently a company uses its assets as a measure of profitability. Return on equity (ROE) is used to measure profitability by revealing how much profit a company generates with the money that shareholders have invested. Taken together, the ROA and ROE provide a clear picture of the organization s performance and management s effectiveness. What is the role of the Financial Analyst? Financial Analysts research and model macroeconomic and microeconomic conditions and company fundamentals to make business, sector and industry recommendations and decisions. Financial Analysts collect and analyze financial information such as budgets, operations performance data, economic forecasts, trading volumes and cash flow to provide advice for their company or their company s clients. 1

2 Areas of focus Financial Analysts are employed across industries, including the financial services sector (e.g. in banks, brokerage houses, insurance companies and mutual fund companies). They sit within corporate finance departments, in particular lines of business or work for a specific product or service team. Despite the variety of employment settings, the core functions of a Financial Analyst remain the same. While the core of the Financial Analyst role may be the same, there are different types of financial analysts, depending on their area of focus: For example: Corporate Finance: There are often several areas of specialization for analysts in the corporate finance department. Financial Reporting Analyst: These Analysts are involved in analyzing their firm s financial statements (e.g. income statement, balance sheet, statement of retained earnings, cash flow statement) or various components of the statements. They look at trends and/or variances in the financial data (actual versus budget) and generate possible explanations. Management Reporting/Performance Analyst: These Analysts play a role in analyzing the performance of specific parts of a firm. They may analyze financial data by product line, department, or geography. For example, a property and casualty insurance company may have analysts to review the performance of both the firm s car insurance and home insurance lines of business. The products may be analyzed against performance measures such as revenue/premiums, claims payout and industry profitability ratios. Treasury Analyst: These analysts focus on analyzing the cash flow of the firm. They may reconcile bank deposits and withdrawals against bank statements, expenditures against cash balances, produce interest schedules, or track inter-company loans and the related interest payments to ensure that the organization and its departments have adequate cash flow. Taxation Analyst: These analysts play a role in helping the organization meet their income tax reporting and compliance obligations. They may be responsible for portions of the Canadian quarterly tax provision process, assist in the preparation of federal and provincial income tax returns or collect data from other areas of the organization to build the tax fact base. There are also other types of analysts, typically outside of the Corporate Finance area. These include: Credit Analyst: Credit Analysts work for organizations that lend money such as banks and credit unions and assess the credit worthiness of loan applicants. They gather and analyze financial information about the 2

3 client s assets, liabilities, earnings, debt repayment history and purchase patterns to make recommendations as to whether or not the client qualifies for credit, that is, a loan. For additional information on this role, please refer to the Credit Adjudicator profile under the Risk Management cluster. Investment Analyst: Banks, mutual funds, pension funds, hedge funds insurance companies and others employ Financial Analysts to research and evaluate the performance of the firm s investment portfolios (comprised of stocks, bonds, money market securities, derivatives etc.) and provide guidance on the firm s investment strategies. In addition, securities firms typically employ research analysts to provide investment recommendations for the firm s clients - which companies and/or securities to buy or sell. For additional information on this role, please refer to the Research Analyst profile under the Financial Advisory and Investment Management cluster. Performance Analyst: The field of business analytics helps organizations manipulate large volumes of operational data while identifying trends and patterns that are most critical for decision making. The data provides a clear picture of the business operations, allowing management to make future-focused decisions to compete effectively in the marketplace. For additional information on this role, please refer to the Business Intelligence Analyst profile under the Business Analysis Non-IT cluster. The information in this job profile relates primarily to the Financial and Management Reporting Analyst roles. 3

4 Main Duties Main duties and related activities of a Financial Analyst: Compiling and Researching A Financial Analyst is responsible for aggregating and analyzing a broad array - and large volume - of data. He or she is also closely associated with in-house financial information systems, policies and procedures. The type of information reviewed, of course, depends on the Analyst s area of focus. Key activities: Obtain current and historical information from the firm s financial statements and in-house financial systems and collect explanations on the data and the variances in the data (Financial Reporting Analysts). Assist business line managers with variance analysis information (e.g. actual vs budget) related to specific products, departments or geographies (Management Reporting Analyst) Act as an expert user of in-house financial systems, participating in technical enhancements as required Reconcile across systems and resolving transactional issues as required (e.g. bank reconciliations) Data Modeling and Analysis A Financial Analyst converts large amounts of data into useable information, which is analyzed in a variety of ways. Key activities: Participate in budgeting and forecasting/planning activities Build financial models upon which to perform sensitivity analyses such as what if? scenarios (e.g. a Management Reporting Analyst may investigate the degree to which an increase in an investment service fee will result in an increase in revenue) Act as an on-call resource to respond to corporate audit staff and other ad hoc requests for information and analysis. For instance, an executive who notices an executive who notices a decrease in cash and equivalents on the financial statement may request a report from a Financial Reporting Analyst, who will review the source data in more detail. Or, a Sales Performance Analyst in an insurance company may support Sales 4

5 Directors by compiling key reports on regional (e.g. provincial) or sales channel (e.g. broker, online) performance on a monthly basis. Plan short-, mid- and long-term cash flows and assess financial performance Reporting and Data Interpretation The value-added component of a Financial Analyst s role is the provision of insights that result from interpreting the data compiled. Key activities: Prepare and/or close (monthly/quarterly/annual) reports that interpret financial results to help identify, recommend and support potential courses of action Provide accurate weekly/monthly forecasts noting significant trends and their implications Participate in regular financial statement review and variance analyses (Financial Reporting Analysts) Perform periodic reviews with management on key operational or financial ratios that are of concern Assist in internal and external audit activities Work Context, Knowledge, Skill Requirements and Applicable Experiences Work Context In general, the core skills and duties of Financial Analysts are similar in any organizational setting, but the work context can vary depending on the financial services sub-sector they work for and the part of the organization in which they work (see Areas of Focus). Financial Analysts perform much of their work independently, but may also need to reach out to co-workers as sources of information. 5

6 Knowledge Financial Analysts require specific knowledge of: Economics, accounting principles, financial markets and banking Analytical procedures and techniques including calculating net present value (NPV), payback periods, valuation, and rates of return Understanding of regulatory rules and regulations governing the financial services industry (e.g. Basel II) Electronic spreadsheets (e.g. MS Excel) Understanding of internal organizational controls (e.g. proper reporting processes, segregation of financial duties) Technical skills Financial Analysts require specific technical competencies: Strong analytical orientation for analysis of financial market trends, including technical charts for planning (evaluation of market conditions) and strategy Ability to interpret complex data to demonstrate patterns and trends, make recommendations and draw conclusions Quantitative skills to be able to analyze outputs from various models, financial data from organizations and marketplace statistical data Ability to build proprietary financial models Ability to prepare clear, correct, concise and logically structured written reports and presentations Understanding of technical accounting literature 6

7 Soft skills Financial Analysts require specific personal effectiveness competencies: Strong personal ethics Ability to assimilate/summarize large amounts of information from multiple sources Results-driven, proactive work ethic to deliver results within tight deadlines while remaining calm under pressure Strong verbal communication skills to explain findings to internal and external stakeholders Applicable Experience There are a number of related experiences that are transferrable to the Financial Analyst role. Experience in accounting and financial management systems is particularly valuable. Education, Certifications, Designations, and/or Licenses Entry Level Position Entry level positions typically require: þ Undergraduate degree In the fields of: Business Economics Mathematics Finance Accounting 7

8 Senior Level Positions More senior positions typically require: þ Graduate university degree In the fields of: Master of Business Administration (MBA) Master of Science, Finance (MSF) Certifications and designations Certifications and designations may include: Chartered Financial Analyst (CFA) Certified International Investment Analyst (CIIA) Certified Management Accountant (CMA) Chartered Accountant (CA) Certified General Accountant (CGA) Other Training: Canadian Securities Course (CSC) Professional Associations Professional Associations may include: CFA Institute Certified General Accountants Chartered Accountants of Canada Association of Chartered International Investment Analysts (ACIIA) Canadian Institute of Chartered Accountants (CICA) Certified Management Accountants (CMA) 8

9 Representative Job Titles Corporate Financial Analyst Accounting Analyst Management Reporting Analyst Financial Reporting Analyst Performance Analyst Treasury Analyst Taxation Analyst Credit Analyst Investment Analyst Performance Analyst Career Pathways Moving in to the role To gain entry into financial analysis, you will need a strong quantitative orientation and have completed courses in finance, accounting, economics and statistics. To move into a Financial Analyst role in the financial services sector from another industry background, experience in an accounting role will provide exposure to the analysis tools and techniques that are required for financial analysis. A Junior Financial Analyst is an ideal entry-level position to launch a career in financial analysis. Progression beyond the role A Junior Analyst may work his or her way up to an Analyst position in a period of three to five years when they have demonstrated a solid capacity to build complex financial models and when they have developed an in-depth understanding of the organization s finances. For Senior Analysts who want to stay within corporate finance, there is the potential to become a Cash Manager, Strategic Planner, and eventually the Director of Finance, Controller, Chief Financial Officer (CFO) or Treasurer. If you are interested in moving outside of corporate finance, some Analysts go on to become Investment Advisors, Financial Consultants or Investment Bankers. 9

10 External Factors Impacting the Role The regulatory environment for financial services has changed dramatically in recent years. This is the result of several factors, including competitive developments, new products, advances in technology and impacts of the corporate bankruptcies and scandals in the past decade as well as the recent global financial crisis. As a result of these events, many banks, insurance and other financial organizations have experienced one of the most difficult periods in recent history. Some large organizations no longer exist in their previous form, the industry as a whole now operates in a much more publicly scrutinized environment than ever before and operations are becoming increasingly complex. This has created an even greater need for reliable, informative analysis about a company s overall position and potential future performance. The role of Financial Analyst exists in many different parts of an organization and across the financial services industry. Consequently, there are many opportunities for career progression into different business lines, sectors or even industries. Employment Trends and Outlook Employment Trends Demand for Financial Analysts is predicted to be stable and significant for the next 10 years, given the attrition in this role due to retirements of older workers ( Baby Boomers ) and the natural career progression of Analysts (2009, Canadian Occupational Projection System). 10

11 Compensation Compensation for Financial Analysts varies depending on the type of firm they work for, their seniority and personal performance. Financial Analysts are typically salary-based with good opportunities for performance-based bonuses (significant bonuses in the case of Financial Analysts in investment organizations). 11

Research Analyst. It s About You. What is Research and Analysis? What is the role of the Research Analyst? Areas of Focus.

Research Analyst. It s About You. What is Research and Analysis? What is the role of the Research Analyst? Areas of Focus. Research Analyst It s About You Do you like digging for facts? Are you inquisitive and eager to learn about new things? Are you able to sift through large quantities of information and come up with the

More information

Portfolio Manager. It s About You. What is Portfolio Management? What is the role of the Portfolio Manager? Portfolio Manager

Portfolio Manager. It s About You. What is Portfolio Management? What is the role of the Portfolio Manager? Portfolio Manager Portfolio Manager It s About You The Portfolio Manager role is typically well suited to people who like to:! Use their quantitative mindsets.! Make important financial decisions.! Think strategically.!

More information

CAREER OPPORTUNITIES IN FINANCE Department of Finance, Real Estate, and Insurance

CAREER OPPORTUNITIES IN FINANCE Department of Finance, Real Estate, and Insurance CAREER OPPORTUNITIES IN FINANCE Department of Finance, Real Estate, and Insurance PURPOSE OF THE ACADEMIC MAJORS The Bachelor of Science in Business Administration at CSUN offers options in Finance, Real

More information

JOB PROFILE FUND ACCOUNTANT

JOB PROFILE FUND ACCOUNTANT JOB PROFILE FUND ACCOUNTANT OVERVIEW It s about you Are you detail-oriented? Do you have a basic understanding of the investment market and accounting? Do you enjoy analyzing financial data and applying

More information

It s about you What is performance analysis/business intelligence analytics? What is the role of the Performance Analyst?

It s about you What is performance analysis/business intelligence analytics? What is the role of the Performance Analyst? Performance Analyst It s about you Are you able to manipulate large volumes of data and identify the most critical information for decision making? Can you derive future trends from past performance? If

More information

How To Become A Successful Finance Major

How To Become A Successful Finance Major FINANCE What can I do with this degree? Transferable Skills In addition to the specific subject matter that Finance majors learn, skills are acquired that can easily transfer to any field including: Reading

More information

M.S. Finance. Upon completion of the program, graduates are expected to:

M.S. Finance. Upon completion of the program, graduates are expected to: M.S. Finance The Master of Science in Finance degree program prepares students for career advancement in a variety of managerial and professional positions in a wide range of firms. As a result of the

More information

Graduate Business Programs SDSU College of Business Administration. MBA Program of Study Worksheet. Finance Specialization

Graduate Business Programs SDSU College of Business Administration. MBA Program of Study Worksheet. Finance Specialization Graduate Business Programs SDSU College of Business Administration MBA Program of Study Worksheet Finance Specialization Program of Study Worksheet: MBA Finance Specialization The MBA requires a 30 48

More information

Financial Advisor. It s About You. What is Financial Planning? What is the role of the Financial Advisor? Areas of Focus.

Financial Advisor. It s About You. What is Financial Planning? What is the role of the Financial Advisor? Areas of Focus. Financial Advisor It s About You Do you like working directly with people? Are you able to take a multi-year perspective and truly think in the long-term? Are you the kind of person who likes to watch

More information

Risk Management. Did you know? What is Risk Management?

Risk Management. Did you know? What is Risk Management? Risk Did you know? Financial services organizations help people buy houses, build businesses and protect their families financially. Banks, insurance companies, asset managers, pension administrators and

More information

Chapter 1 The Scope of Corporate Finance

Chapter 1 The Scope of Corporate Finance Chapter 1 The Scope of Corporate Finance MULTIPLE CHOICE 1. One of the tasks for financial managers when identifying projects that increase firm value is to identify those projects where a. marginal benefits

More information

What Can I Do With A Major In Finance? The Finance Major at SAU: Career Paths in Finance:

What Can I Do With A Major In Finance? The Finance Major at SAU: Career Paths in Finance: This handout provides a brief introduction to possible careers in Finance. The Finance Major at SAU: The finance major at Southern Adventist University is designed to develop Christ-centered financial

More information

Specialized Investment Advisor

Specialized Investment Advisor Specialized Investment Advisor It s About You Have you developed solid experience in providing financial advice, and want to try a deep, more specific area of investment? Are you able to partner well with

More information

INFORMATION FOR UNDERGRADUATE STUDENTS: 2015-16. FINANCE ELECTIVES AND CAREER CHOICES Revised April 15, 2015

INFORMATION FOR UNDERGRADUATE STUDENTS: 2015-16. FINANCE ELECTIVES AND CAREER CHOICES Revised April 15, 2015 INFORMATION FOR UNDERGRADUATE STUDENTS: 2015-16 FINANCE ELECTIVES AND CAREER CHOICES Revised April 15, 2015 What is Finance about? The DeGroote Business School s offerings in Finance are intended to help

More information

PMO Director. PMO Director

PMO Director. PMO Director PMO Director It s about you Are you curious about how individual projects further a company s strategy? Can you think at the macro level across broad groups of people and services? Do you have an eye for

More information

TU General Education courses (18) College Specific required courses (7)

TU General Education courses (18) College Specific required courses (7) DEPARTMENT OF BANKING AND FINANCE BACHELOR OF SCIENCE IN BANKING AND FINANCE Program Description The B.Sc. Banking and Finance degree program is intended to train professionals for the storing and protecting

More information

Career Services. Corporate Finance. Introduction. Corporate Finance Overview

Career Services. Corporate Finance. Introduction. Corporate Finance Overview Career Services Career Path: Corporate Finance Introduction Career Services (CS) created the Career Path series to assist students with the career search process. Each Career Path handout examines a common

More information

Center for Gifted Education Focusing on the Future 2015 CAREERS IN FINANCE

Center for Gifted Education Focusing on the Future 2015 CAREERS IN FINANCE Center for Gifted Education Focusing on the Future 2015 CAREERS IN FINANCE What is Finance? The science that describes the management, creation and study of money, banking, credit, investments, assets

More information

OCCUPATIONS IN THE INVESTMENT ARENA

OCCUPATIONS IN THE INVESTMENT ARENA OCCUPATIONS IN THE INVESTMENT ARENA Below is a full description of the occupations included in the CFA Institute 2007 Member Compensation Survey. These descriptions provide a good overview of the occupations

More information

Controls and accounting policies

Controls and accounting policies Controls and accounting policies Controls and procedures Management s responsibility for financial information contained in this Annual Report is described on page 92. In addition, the Bank s Audit and

More information

FINANCE AND BUSINESS ECONOMICS. Elective Course Guide for Marshall Graduate Students. October 2013

FINANCE AND BUSINESS ECONOMICS. Elective Course Guide for Marshall Graduate Students. October 2013 FINANCE AND BUSINESS ECONOMICS Elective Course Guide for Marshall Graduate Students 2014 October 2013 1 FINANCE AND BUSINESS ECONOMICS DEPARTMENT GRADUATE ELECTIVES 2014 Marshall graduate students are

More information

Making progress towards our objectives

Making progress towards our objectives Making progress towards our objectives Scotiabank Financials Summit 2013 Donald A. Guloien President and Chief Executive Officer September 5, 2013 Caution regarding forward-looking statements This presentation

More information

2016 Simulation Training Courses

2016 Simulation Training Courses 2016 Simulation Training Courses ABOUT THE BIBF DEALING ROOM The BIBF Dealing Room is the first of its kind in the MENA region, and powers technology-enabled experiential learning, allowing students to

More information

Business Analyst - IT

Business Analyst - IT Business Analyst - IT It s about you Are you a logical thinker who is up-to-date with the latest trends in information technology and their application to business? Can you translate tech-speak into plain

More information

Study investments, corporate finance, advanced economic theory, financial markets and much more in the MS in Finance online and on-campus program.

Study investments, corporate finance, advanced economic theory, financial markets and much more in the MS in Finance online and on-campus program. MS in Finance MS in Finance A Smart Investment in Your Future Earn an MS in Finance online or on campus from Southern New Hampshire University and position yourself for greater success in the world of

More information

When Jon Barron graduated with a bachelor s degree in. Career beginnings for business majors

When Jon Barron graduated with a bachelor s degree in. Career beginnings for business majors Career beginnings for business majors Dina Itkin Dina Itkin is an economist in the Office of Occupational Statistics and Employment Projections, BLS. She is available at (202) 691 5713 or itkin.dina@bls.

More information

OCCUPATIONAL STANDARD (For use in the development of supply chain related job descriptions, performance evaluations, career development plans, etc.

OCCUPATIONAL STANDARD (For use in the development of supply chain related job descriptions, performance evaluations, career development plans, etc. OCCUPATIONAL STANDARD (For use in the development of supply chain related job descriptions, performance evaluations, career development plans, etc.) Description of Position (As defined by the CSCSC Stakeholder

More information

How To Understand The Financial Philosophy Of A Firm

How To Understand The Financial Philosophy Of A Firm 1. is concerned with the acquisition, financing, and management of assets with some overall goal in mind. A. Financial management B. Profit maximization C. Agency theory D. Social responsibility 2. Jensen

More information

FDU-Vancouver Bachelor of Science in Business Administration - International Business concentration Course Descriptions

FDU-Vancouver Bachelor of Science in Business Administration - International Business concentration Course Descriptions FDU-Vancouver Bachelor of Science in Business Administration - International Business concentration Course Descriptions ACCT 2021 Intro Financial Accounting An introduction to the concepts underlying an

More information

AOF Principles of Finance Course Scope and Sequence

AOF Principles of Finance Course Scope and Sequence AOF Principles of Finance June 2013 Principles of Finance gives students a thorough introduction to the concepts, tools, and institutions of finance and serves as a foundation for the core courses offered

More information

The Role of Account Managers/Relationship Managers

The Role of Account Managers/Relationship Managers JOB PROFILE ACCOUNT MANAGER/RELATIONSHIP MANAGER OVERVIEW It s about you Are you entrepreneurial in spirit and enjoy working in a highly competitive results-driven environment? Are you someone who enjoys

More information

CPA Program. The Practical Experience Guide. Eve Cheng CPA. BHP Billiton

CPA Program. The Practical Experience Guide. Eve Cheng CPA. BHP Billiton CPA Program The Practical Experience Guide Eve Cheng CPA Senior Analyst BHP Billiton Contents Practical experience requirement 3 How to identify if your role is relevant 4 Where do you fit? 6 What skills

More information

Assist. Financial Calculators. Technology Solutions. About Our Financial Calculators. Benefits of Financial Calculators. Getting Answers.

Assist. Financial Calculators. Technology Solutions. About Our Financial Calculators. Benefits of Financial Calculators. Getting Answers. Assist. Financial s Technology Solutions. About Our Financial s. Helping members with their financial planning should be a key function of every credit union s website. At Technology Solutions, we provide

More information

Insurance Underwriter

Insurance Underwriter Insurance Underwriter It s About You Curious about the risks involved in life events? Can you think at a macro-level, into the long-term and across broad groups of people and businesses? Do you enjoy working

More information

FINANCE AND INVESTMENTS COURSES

FINANCE AND INVESTMENTS COURSES FINANCE AND INVESTMENTS COURSES Finance is a branch of economics that deals with the management of funds, financial resources and other assets. In broader terms, finance is raising or investing money either

More information

Nomura Securities Co., Ltd. Non-consolidated Balance Sheets

Nomura Securities Co., Ltd. Non-consolidated Balance Sheets ASSETS Non-consolidated Balance Sheets Nomura Securities Co., Ltd. (Millions of yen) March 31, 2014 March 31, 2015 Increase/(Decrease) Current Assets 12,488,887 13,949,399 1,460,512 Cash and time deposits

More information

Mapping Your Future. All About Money: Financial and Accounting Services. What Is This Field? Who Should Work In This Field?

Mapping Your Future. All About Money: Financial and Accounting Services. What Is This Field? Who Should Work In This Field? Mapping Your Future : Financial and Accounting Services What Is This Field? Finance companies meet the banking, insurance and accounting needs of people and organizations from all over the world. New York

More information

what s inside Who we are 2 How discretionary investment management can work for you 3 Your customized investment portfolio 4 Regular client contact 5

what s inside Who we are 2 How discretionary investment management can work for you 3 Your customized investment portfolio 4 Regular client contact 5 Vancity Investment Management provides you with direct access to an experienced, dedicated Portfolio Manager who will actively monitor and professionally manage your account. Thank you for taking the time

More information

Master of Business Administration Program in the Faculty of Business Administration and Economics

Master of Business Administration Program in the Faculty of Business Administration and Economics Master of Business Administration Program in the Faculty of Business Administration and Economics The Faculty of Business Administration and Economics at Haigazian University offers a degree program leading

More information

Master of Business Administration Program in the Faculty of Business Administration and Economics

Master of Business Administration Program in the Faculty of Business Administration and Economics Master of Business Administration Program in the Faculty of Business Administration and Economics The Faculty of Business Administration and Economics at Haigazian University offers a degree program leading

More information

Web. Chapter FINANCIAL INSTITUTIONS AND MARKETS

Web. Chapter FINANCIAL INSTITUTIONS AND MARKETS FINANCIAL INSTITUTIONS AND MARKETS T Chapter Summary Chapter Web he Web Chapter provides an overview of the various financial institutions and markets that serve managers of firms and investors who invest

More information

COMPUTERSHARE TRUST COMPANY OF CANADA BASEL III PILLAR 3 DISCLOSURES

COMPUTERSHARE TRUST COMPANY OF CANADA BASEL III PILLAR 3 DISCLOSURES COMPUTERSHARE TRUST COMPANY OF CANADA BASEL III PILLAR 3 DISCLOSURES December 31, 2013 Table of Contents Scope of Application... 3 Capital Structure... 3 Capital Adequacy... 3 Credit Risk... 4 Market Risk...

More information

Jennifer Salerno Campus Relationship Manager Credit Suisse Campus Recruiting phd.recruiting@credit-suisse.com

Jennifer Salerno Campus Relationship Manager Credit Suisse Campus Recruiting phd.recruiting@credit-suisse.com To all Ph.D. and Quantitative Master's Degree students: In our last communication to you, we announced that Credit Suisse posted several full-time and summer opportunities through your University's Career

More information

How do you transform risk into high performance? An Overview of Moody s Analytics

How do you transform risk into high performance? An Overview of Moody s Analytics How do you transform risk into high performance? An Overview of Moody s Analytics Essential insight serving global financial markets Moody s Analytics offers award-winning solutions and best practices

More information

BBA Accounting Executive Summary

BBA Accounting Executive Summary BBA Accounting Executive Summary Program Overview Business education continues to experience high demand from graduates of domestic high schools, mature students, working students and international students.

More information

Finance. Undergraduate Program of Study. Graduate Program of Study. Courses. Certificate in Risk Management and Insurance. Doctor of Philosophy

Finance. Undergraduate Program of Study. Graduate Program of Study. Courses. Certificate in Risk Management and Insurance. Doctor of Philosophy University of Iowa 2015-16 General Catalog 1 Finance Chair Erik Lie Undergraduate major: finance (B.B.A.) Graduate degree: finance subprogram for the Ph.D. in business administration Faculty: http://tippie.uiowa.edu/finance/faculty.cfm

More information

FPSB Strategic Plan. Competency Profile. April 2008 Financial Planner. CFP Certification Global excellence in financial planning TM

FPSB Strategic Plan. Competency Profile. April 2008 Financial Planner. CFP Certification Global excellence in financial planning TM FPSB Strategic Plan April 2008 Financial Planner Competency Profile CFP Certification Global excellence in financial planning TM MISSION STATEMENT Financial Planning Standards Board Ltd. (FPSB) benefits

More information

Bachelor of Financial & Accounting Science

Bachelor of Financial & Accounting Science Investment & Portfolio Management / ACF 354 This course covers topics related to the theoretical and practical background for the investment process and the tools and methods used in evaluating financial

More information

1 Copyright Phoenix Marketing International 2012. All rights reserved.

1 Copyright Phoenix Marketing International 2012. All rights reserved. 1 Copyright Phoenix Marketing International 2012. All rights reserved. D A V I D M. T H O M P S O N Managing Director Phoenix Affluent Market +44 (0) 20 3427 6157 / London +011 860 404 5414 / New York

More information

Academy of Finance I G/T

Academy of Finance I G/T Academy of Finance I (2 credits) Unit I: Financial Planning (40 days) Academy of Finance I G/T Overview This unit provides students with an overview of the job of a financial planner. Students look at

More information

CFS. Syllabus. Certified Finance Specialist. International benchmark in Finance profession

CFS. Syllabus. Certified Finance Specialist. International benchmark in Finance profession CFS Certified Finance Specialist Syllabus International benchmark in Finance profession Certified Finance Specialist Summary: This award will provide candidates the opportunity to gain advanced level knowledge

More information

The following 30 questions are drawn from the Claritas supplemental study materials. The format and difficulty level are similar to what candidates

The following 30 questions are drawn from the Claritas supplemental study materials. The format and difficulty level are similar to what candidates SAMPLE QUESTIONS The following 30 questions are drawn from the Claritas supplemental study materials. The format and difficulty level are similar to what candidates experience on the live Claritas examination.

More information

F I R M B R O C H U R E

F I R M B R O C H U R E Part 2A of Form ADV: F I R M B R O C H U R E Dated: 03/24/2015 Contact Information: Bob Pfeifer, Chief Compliance Officer Post Office Box 2509 San Antonio, TX 78299 2509 Phone Number: (210) 220 5070 Fax

More information

Instructions of Criteria for Solvency of Brokerage Companies Operating on the Stock Exchange

Instructions of Criteria for Solvency of Brokerage Companies Operating on the Stock Exchange Instructions of Criteria for Solvency of Brokerage Companies Operating on the Stock Exchange Issued by virtue of the Executive Committee decision No. 2/95, Dated 4/1/1995 Instructions of Criteria for Solvency

More information

Assurance and accounting A Guide to Financial Instruments for Private

Assurance and accounting A Guide to Financial Instruments for Private june 2011 www.bdo.ca Assurance and accounting A Guide to Financial Instruments for Private Enterprises and Private Sector t-for-profit Organizations For many entities adopting the Accounting Standards

More information

Defining Treasury Success. Establishing and Automating Treasury Metrics

Defining Treasury Success. Establishing and Automating Treasury Metrics Defining Treasury Success Establishing and Automating Treasury Metrics B How do we know when treasury is operating effectively? That is the key question many of our corporate clients are asking. They are

More information

C-Careers in Personal Financial Planning and Counseling

C-Careers in Personal Financial Planning and Counseling C-Careers in Personal Financial Planning and Counseling Personal financial planning and counseling is a professional field that addresses the financial concerns of individuals and families. The need for

More information

FINANCIAL MODELING AND VALUATION

FINANCIAL MODELING AND VALUATION FINANCIAL MODELING AND VALUATION Advance Executive Education A primer to Financial Modeling, Valuation Methodologies, M&A and LBO Analysis, and Project Financing Jobs where Financial Modeling is required

More information

Practical, Engaging Financial Training for Non-Financial People

Practical, Engaging Financial Training for Non-Financial People info@financetalking.com +44 (0)1572 717000 Practical, Engaging Financial Training for Non-Financial People Learn to speak the language of the board room FinanceTalking s elearning Tailored in-company training

More information

How to Choose a Life Insurance Company *YP½PPMRK 4VSQMWIW A 2014 GUIDE THROUGH RELEVANT INDUSTRY INFORMATION

How to Choose a Life Insurance Company *YP½PPMRK 4VSQMWIW A 2014 GUIDE THROUGH RELEVANT INDUSTRY INFORMATION How to Choose a Life Insurance Company *YP½PPMRK 4VSQMWIW A 2014 GUIDE THROUGH RELEVANT INDUSTRY INFORMATION Because the most important people in your life will car, or computer, most people are completely

More information

BKS Investment Services, Inc. Registered Investment Advisor 1105 E. Hampton Ozark, MO 65721-8010

BKS Investment Services, Inc. Registered Investment Advisor 1105 E. Hampton Ozark, MO 65721-8010 BKS Investment Services, Inc. Registered Investment Advisor 1105 E. Hampton Ozark, MO 65721-8010 Tel: 816-436-6373 Email: bksinvest1@gmail.com Website: www.bksinvest.com Firm Form ADV Part 2A 07/07/2015

More information

Business Analysis Practice Manager - IT

Business Analysis Practice Manager - IT Business Analysis Practice Manager - IT It s about you Do you understand how systems, processes and technologies can contribute to an organization s performance? Are you a people person who can see the

More information

BACKGROUND KNOWLEDGE for Teachers and Students

BACKGROUND KNOWLEDGE for Teachers and Students Pathway: Business, Marketing, and Computer Education Lesson: BMM C6 4: Financial Statements and Reports Common Core State Standards for Mathematics: N.Q.2 Domain: Quantities Cluster: Reason quantitatively

More information

Content Specification Outlines Certified Management Accountant (CMA) Examinations

Content Specification Outlines Certified Management Accountant (CMA) Examinations Effective January 1, 2015 Content Specification Outlines Certified Management Accountant (CMA) Examinations The content specification outlines presented below represent the body of knowledge that will

More information

Business Subject Matter Requirements. Part I: Content Domains for Subject Matter Understanding and Skill in Business

Business Subject Matter Requirements. Part I: Content Domains for Subject Matter Understanding and Skill in Business Business Subject Matter Requirements Part I: Content Domains for Subject Matter Understanding and Skill in Business Domain 1. Business Management Candidates demonstrate an understanding of the purpose

More information

How To Deal With A Conflict Of Interest In A Brokerage

How To Deal With A Conflict Of Interest In A Brokerage CONFLICTS OF INTEREST General Description Actual, potential and perceived conflicts of interest exist in almost all human interactions. Our relationship with you is no different. For instance, MacDougall,

More information

Financial Information Kit

Financial Information Kit Financial Information Kit The purpose of this kit is to provide basic information on keeping financial records to facilitate compliance by registered charities with the requirements of the Canada Revenue

More information

Financial Guidelines for Long-Term Care Home Licensing Applications

Financial Guidelines for Long-Term Care Home Licensing Applications Financial Guidelines for Long-Term Care Home Licensing Applications Performance Improvement and Compliance Branch, Ministry of Health and Long-Term Care Revised: June 2015 Table of Contents Introduction...

More information

Financial. Management FOR A SMALL BUSINESS

Financial. Management FOR A SMALL BUSINESS Financial Management FOR A SMALL BUSINESS 1 Agenda Welcome, Pre-Test, Agenda, and Learning Objectives Benefits of Financial Management Budgeting Bookkeeping Financial Statements Business Financing Key

More information

INSURANCE. Moody s Analytics Solutions for the Insurance Company

INSURANCE. Moody s Analytics Solutions for the Insurance Company INSURANCE Moody s Analytics Solutions for the Insurance Company Moody s Analytics Solutions for the Insurance Company HELPING PROFESSIONALS OVERCOME TODAY S CHALLENGES Recent market events have emphasized

More information

Financial Ratios and Quality Indicators

Financial Ratios and Quality Indicators Financial Ratios and Quality Indicators From U.S. Small Business Administration Online Women's Business Center If you monitor the ratios on a regular basis you'll gain insight into how effectively you

More information

The Empire Life Insurance Company

The Empire Life Insurance Company The Empire Life Insurance Company Condensed Interim Consolidated Financial Statements For the six months ended June 30, 2015 Unaudited Issue Date: August 7, 2015 DRAFT NOTICE OF NO AUDITOR REVIEW OF CONDENSED

More information

INFORMATION FOR UNDERGRADUATE STUDENTS FINANCE ELECTIVES AND CAREER CHOICES

INFORMATION FOR UNDERGRADUATE STUDENTS FINANCE ELECTIVES AND CAREER CHOICES INFORMATION FOR UNDERGRADUATE STUDENTS FINANCE ELECTIVES AND CAREER CHOICES What is Finance about? The DeGroote Business School s offerings in Finance and Business Economics are intended to help students

More information

FINANCIAL TECHNOLOGY, BACHELOR OF SCIENCE (B.S.) WITH A CONCENTRATION IN ACTUARIAL SCIENCE

FINANCIAL TECHNOLOGY, BACHELOR OF SCIENCE (B.S.) WITH A CONCENTRATION IN ACTUARIAL SCIENCE VCU 1 FINANCIAL TECHNOLOGY, BACHELOR OF SCIENCE (B.S.) WITH A CONCENTRATION IN ACTUARIAL SCIENCE The Bachelor of Science in Financial Technology offers concentrations in actuarial science and financial

More information

Texas Correlations CEV Pathway: Money Matters

Texas Correlations CEV Pathway: Money Matters Pathways for Career Success Texas Correlations CEV Pathway: Meets 97% of TEKS standards for: Correlations For: Pathway New Course: Subject CTE (a) General Requirements. General requirements. This course

More information

Last update: December 19, 2013. Global Master of Finance Dual Degree Course Descriptions. Foundation Courses. FIN B62 510. Introduction to Finance

Last update: December 19, 2013. Global Master of Finance Dual Degree Course Descriptions. Foundation Courses. FIN B62 510. Introduction to Finance Last update: December 19, 2013 Global Master of Finance Dual Degree Course Descriptions Foundation Courses FIN B62 510. Introduction to Finance The main topics to be covered in this course are (1) principles

More information

Business Value Drivers

Business Value Drivers Business Value Drivers by Kurt Havnaer, CFA, Business Analyst white paper A Series of Reports on Quality Growth Investing jenseninvestment.com Price is what you pay, value is what you get. 1 Introduction

More information

Unison Advisors LLC. The date of this brochure is March 29, 2012.

Unison Advisors LLC. The date of this brochure is March 29, 2012. Unison Advisors LLC 2032 Belmont Road NW, #619 Washington, DC 20009 T 646 290 7697 F 646 290 5477 www.unisonadvisors.com The date of this brochure is March 29, 2012. This brochure provides information

More information

Chapter 130. Texas Essential Knowledge and Skills for Career and Technical Education. Subchapter F. Finance

Chapter 130. Texas Essential Knowledge and Skills for Career and Technical Education. Subchapter F. Finance Finance 130.F. Chapter 130. Texas Essential Knowledge and Skills for Career and Technical Education Subchapter F. Finance Statutory Authority: The provisions of this Subchapter F issued under the Texas

More information

CFA Vancouver Financial Modeling Course

CFA Vancouver Financial Modeling Course CFA Vancouver Financial Modeling Course March 6, 7, & 8, 2012 SFU Graduate School of Business 500 Granville Street Vancouver, BC CFA Vancouver 604-985-9889 info@cfavancouver.com www.cfavancouver.com Who

More information

October 2015 2015 FINANCIAL COMPENSATION SURVEY

October 2015 2015 FINANCIAL COMPENSATION SURVEY October 2015 2015 FIACIAL COMPESATIO SURVEY Letter from the President Dear Colleagues, A key component of CFA Society Chicago s mission is to serve as the premier local resource for CFA charterholders,

More information

Bollinger. Capital Management

Bollinger. Capital Management Bollinger, Inc. 1200 Aviation Blvd. Suite 201 Redondo Beach, CA 90278 310-798-8855 www.bollingercapital.com Investment Advisor Brochure (Form ADV Part 2A) Updated December 2015 Item 1 Cover Page This Brochure

More information

JOB PROFILE DEBT RECOVERY ASSOCIATE

JOB PROFILE DEBT RECOVERY ASSOCIATE JOB PROFILE DEBT RECOVERY ASSOCIATE OVERVIEW It s about you Do you enjoy working independently? Are you able to identify solutions and negotiate terms that will meet both the organization s and client

More information

INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY. FIRST QUARTER 2000 Consolidated Financial Statements (Non audited)

INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY. FIRST QUARTER 2000 Consolidated Financial Statements (Non audited) INDUSTRIAL-ALLIANCE LIFE INSURANCE COMPANY FIRST QUARTER 2000 Consolidated Financial Statements (Non audited) March 31,2000 TABLE OF CONTENTS CONSOLIDATED INCOME 2 CONSOLIDATED CONTINUITY OF EQUITY 3 CONSOLIDATED

More information

MBA Program Course Descriptions and Outcomes

MBA Program Course Descriptions and Outcomes MBA Program s and Outcomes MBA 707 MBA Foundations More than ever before, the ability to understand and be understood is critical for success in the corporate world. Communication is no longer limited

More information

TYLER JUNIOR COLLEGE School of Continuing Studies 1530 SSW Loop 323 Tyler, TX 75701 1.800.298.5226 www.tjc.edu/continuingstudies/mycaa

TYLER JUNIOR COLLEGE School of Continuing Studies 1530 SSW Loop 323 Tyler, TX 75701 1.800.298.5226 www.tjc.edu/continuingstudies/mycaa TYLER JUNIOR COLLEGE School of Continuing Studies 1530 SSW Loop 323 Tyler, TX 75701 1.800.298.5226 www.tjc.edu/continuingstudies/mycaa Education & Training Plan Finance Professional Program Student Full

More information

SIUE Business Courses Descriptions

SIUE Business Courses Descriptions SIUE Business Courses Descriptions ACCT 200 ACCT 210 ACCT 301 ACCT 302 ACCT 303 ACCT 311 ACCT 312 Financial Accounting: Concepts of financial accounting and external reporting. Nature and measurement of

More information

Message from the Chair of the Pension Plan Management Committee

Message from the Chair of the Pension Plan Management Committee RBC CANADIAN RETIREMENT PROGRAM Message from the Chair of the Pension Plan Management Committee RBC is committed to supporting you in planning and saving for the future, and the RBC Retirement & Savings

More information

The Canada Life Assurance Company ANNUAL REPORT

The Canada Life Assurance Company ANNUAL REPORT The Canada Life Assurance Company 2007 ANNUAL REPORT CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This report contains some forward-looking statements about the Company, including its business

More information

Morningstar Investment Research Center User s Guide

Morningstar Investment Research Center User s Guide Morningstar Investment Research Center User s Guide Welcome to the Guide to Morningstar Investment Research Center. Morningstar Investment Research Center is among today s most comprehensive financial

More information

Financial Statement Analysis: An Introduction

Financial Statement Analysis: An Introduction Financial Statement Analysis: An Introduction 2014 Level I Financial Reporting and Analysis IFT Notes for the CFA exam Contents 1. Introduction... 3 2. Scope of Financial Statement Analysis... 3 3. Major

More information

i) Question Type The following are guidelines on the type of questions and their approximate weightings:

i) Question Type The following are guidelines on the type of questions and their approximate weightings: Purpose Financial Accounting: Liabilities & Equities [FA3] Examination Blueprint 2014/2015 The Financial Accounting: Liabilities & Equities [FA3] examination has been constructed using an examination blueprint.

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q È QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended

More information

financial planning & advice

financial planning & advice financial planning & advice Tips for successful investing. Start early and invest regularly Do your homework take the time to become an informed investor Develop an investment strategy you are comfortable

More information

ERISA 408(b)(2) Disclosure Statement

ERISA 408(b)(2) Disclosure Statement This Fee Disclosure Guide 1 contains a description of services provided to plans and/or its participants as well as sources of compensation received by us or our affiliates which details are set forth

More information

Harvestons Securities, Inc.

Harvestons Securities, Inc. RELATIONSHIPS ARE EVERYTHING Whether it is business, family, friends or neighbors, relationships are built one step at a time through mutual respect, trust, commitment and understanding. Some relationships

More information

Statement of Policy for the Risk Management Program

Statement of Policy for the Risk Management Program Statement of Policy for the Risk Management Program I. Purpose The Illinois State Board of Investment (the Board ) has adopted this Statement of Policy for the Risk Management Program ( Risk Policy ) for

More information

COMMERCIAL BANK. Moody s Analytics Solutions for the Commercial Bank

COMMERCIAL BANK. Moody s Analytics Solutions for the Commercial Bank COMMERCIAL BANK Moody s Analytics Solutions for the Commercial Bank Moody s Analytics Solutions for the Commercial Bank CATERING TO ALL DIVISIONS OF YOUR ORGANIZATION The Moody s name is synonymous with

More information

Rockhaven Capital Management, LLC 132 Rock Haven Lane Pittsburgh, PA 15228 412-260- 7917 www.rockhavencapital.com 09/30/12

Rockhaven Capital Management, LLC 132 Rock Haven Lane Pittsburgh, PA 15228 412-260- 7917 www.rockhavencapital.com 09/30/12 Item 1 Cover Page Rockhaven Capital Management, LLC 132 Rock Haven Lane Pittsburgh, PA 15228 412-260- 7917 www.rockhavencapital.com 09/30/12 This Brochure provides information about the qualifications

More information