Business Analyst Finance Career Guide and Counseling

Question: How much should a Finance Analyst job pay? I've recently found out I'm being promoted at work from a cash management clerk position (32k/year) to a finance analyst. I have a bachelors in business, emphasis in finance. Been out of school 1 year. I'm a terrible negotiator, where do I start, 40k to much? Mind i'm in UT not NYC or something.

Answer: Check out salary.com. They have a salary wizard that asks you where you are located, what your experience is, and other such pertinent questions, and then gives you a range of expected salaries in your area for doing the same or similar job. It's a great starting place for such things. Good luck!

Question: I want to be a business analyst.? what is required to be a business analyst. MBA finance or MBA marketing. can you please explain the roles or both. what is corporate planning.??????

Answer: Go the finance or accounting route if you love numbers. Because it is all about the numbers in a business. Profit, making more of it and keeping losses to a minimum.

Question: I want to be a financial / budget / market analyst, is it better to major in Finance or Business Economics? Also, would an MBA be better than a masters in Finance?

Answer: I would suggest an Econ Major and then an MBA. Finance just teaches about how to deal with money, accounting etc. An analyst will need to understand why the market is moving in one directions or another which is the primary concern of economics. An MBA is better than a master in finance because it will provide you with the tools to do more than a masters in finance will do. Primarily it will combine both economics and finance which is ultimately what you will need.

Question: IT recruiter can be a Business Analyst? Please advice? I have done MBA with Business & Finance major. I am looking forward to the "Business Analyst" position. I have diverse experiences like Sales Engg, IT Recruiter etc. I have read all the articles about Business Analyst and finding best fit for me. Any one can please suggest what steps will be taking me into targeted job profile? Thanks in advance

Answer: Sounds like you already have the business side of things, and maybe just need to brush up on the technical. I suggest taking some classes in BA and listing them on your resume. Not to be rude, but you might need a tiny bit of work on your English as well, if you are looking for a job in an English speaking country.

Question: OMG What experience should I get as a business finance career? I looked through a few job descriptions and noticed that alot of Financial analyst position ask for totally different types of certifications and experience. What is the most average job experience I should get while going after a career in business finance. My goal is to start off as a financial analyst and then either become an investment banker or move on into starting my own firm.

Answer: certificate requirements change over time, do whats needed to get into a big firm but if after 2 years you dont cross the sevenfigure income bar move to a smaller firm or you will get forced out on their terms best plaus - learn a foreign language from a BRIC country big big big plus

Question: am on H4,finance background, thinking abt doing SAP (finance) then for H1 in business analyst.is it worthwhile

Answer: Yep, go for it.

Question: Best place to do Master in Business Finance in Singapore.? Which is the best place to do Master in Business Finance in Singapore? By the way I am 30 years with a Degree in Civil Engineering (Got it from the University of Melbourne) Would financial institutions (For examples; Private Banking.....Bank..............Financial analyst) employ people like me a fresh Master in Finance at the age of around 32~34?

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Question: Interview for Financial Analyst position with Finance Manager? Hi I have Bachelor in Business Administration degree concentration in Finance major. I applied for Financial Analyst position in a insurance company and Finance Manager of that company will take my interview for this position. Can I get little help on the interview part. What and how to prepare for this interview. what are the questions he will most likely ask me. ? Thank you I will make sure about my duties, but this is not what I am asking.

Answer: Make sure that you know what duties would be performed by you as a "financial analyst". I went to a few interviews with the same title and they turned out to be door to door sales scams.

Question: Looking for Job as a business analyst in UK.? I'm a Business analyst and planning to come to UK in October month. As an Experienced Business and IT professional with Masters degree in Business Administration and Computers Management from one of the well known university in India i.e. University of Pune, I am confident that I would be able to contribute to the profitability and success of any business. With my diverse expertise in various domain I believe, I can be accommodate myself in any department of the organization and contribute effectively and efficiently. My expertise include in Documentations, Export Import procedure, finance, IT Project management, MIS, people management, relationship building and HR activities. My history of success in all these domains is evident of my achievements since after completion of my education. I would welcome the opportunity to meet you to discuss your company goals and how I can contribute to achieve them. its pleasure for me to have further discussion.

Answer: try the link below it has a long list of job vacancies in the London area for business analysts http://www.executivesontheweb.com/uk/job… good luck

Question: Product Controller vs. Business Analyst? I have two offers from two big investment banks; one as a product controller in structured credits in finance and the other one is front office business analyst in IT for exotic equity derivatives area where you will deal with risk and pricing. What are the carrer prospects for both of them? I am not sure what I would like to do in future however I know that I would like to gain as much product knowledge as I can and have deeper understanding of business. Business analyst position pays 10 -15 k (in pounds) more compared to product controller position. Business Analyst role seems more dynamic as it is a change management role where as product control seems more repetitive and not very challening in that sense ( or I may be wrong). Which one should I choose, please help?

Answer: I know that $10k sounds like a lot of money when you are first starting out, but it really isn't in the overall scheme of things. The real question is what you would rather be doing and where each would take you. Having worked in risk management and as a product manager (i.e. not product control) for 15 years, I can say that being a business analyst is not as great as you might think. Yes, you will be supporting the risk and pricing, but you won't be doing all of the analytic work in creating the risk and pricing models. You are part of IT, which is more of a support role. I know of few people who ever make it from IT to the front office. If you go this route, you should look at a quantitative degree program such as the Courant Institute at NYU, Carnegie Mellon's MSCF program, etc. so you will have skills that will be noticed by the front office people. You could target being a front office quant person, with a potential compensation of about $200-500k. But, if you do not go this route, then being a business analyst for IT is not really an incredible job. Remember, you will still spend a lot of time with programmers explaining what needs to be done and testing out the applications. Please do not tell the IT colleagues that I interact with. On the product control side, you could learn a lot about different products and pick up some good skills supporting the desk. You could also learn how they value their portfolio and manage risk. From product control, you could move into Risk Management. Or if you could also pick up some good quantitative finance skills, you might be able to impress the front office. I tend to think that product control has the better career track between the two jobs unless you can somehow move to the front office. You might also want to look into being a CPA in Product Control, because you could target being an overall controller or CFO. Just a few random thoughts. I would chose Product Control for myself.