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Financial Analysts

Advancement Prospects

Financial analysts who accurately prepare their employer's or client's financial statements and who offer investment advice that results in profits will likely be rewarded for their efforts. Rewards come in the form of promotions and/or bonuses. Successful financial analysts may become senior financial analysts, sometimes in only three or four years. Some become portfolio or financial managers. Rather than simply making recommendations on their company's or client's investment policies, those who advance to a senior position have more decision-making responsibility.

Some financial analysts move on to jobs as investment bankers or advisers. Others become officers in various departments in their company. Positions include chief financial officer and vice president of finance. In time, some cultivate enough contacts to be able to start their own consulting firms.

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