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Financial Analysis

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What is financial analysis?

Financial analysis is the process of evaluating a business’ performance by collecting and analyzing data. With insights into past trends, financial analysts can predict how a company’s financial health may behave in the future and make recommendations. Many analysts rely on Microsoft Excel to organize data into spreadsheets, but the rise of AI trading technology is streamlining financial analyses.

What are the types of financial analysis?

If analysts want to measure a company’s growth over multiple years, a horizontal analysis gets the job done. However, professionals may prefer a vertical analysis (an analysis in which each line item is listed as a base figure's percentage within the statement) if they want to rely on income statement factors and revenue when evaluating a company’s financial development. 

Analysts can also look at the size of an organization’s market share, year-over-year growth and other traits to get a clearer financial picture. It’s important to keep in mind that financial analyses follow trends in data. With more companies securing data from alternative sources, financial analysis may take on new forms soon.

Why is financial analysis important?

  • Diagnosing the financial health of a business helps people inside and outside the organization make more informed decisions.

To determine the next steps for a company, leaders need to center their decisions around various financial data points. Understanding where expenses lie and the amount of available funds enables finance managers to allocate resources more efficiently. As a result, finance teams rely on this information to develop thoughtful strategies.  

Many outside parties also have a strong interest in a company’s financial performance. For startups, investors need to feel confident about taking chances while for larger corporations, labor unions may want to review statements to decide how much of a pay increase is appropriate. With these different groups relying on financial information, it’s become even more imperative for businesses to leverage the presence of big data to offer financial transparency.

How can I improve my financial analytical skills?

Financial analysis is an evolving field, so professionals should take extra steps to stay sharp and stand out from the talent pool.

Technology has become intertwined with the financial landscape, requiring analysts to broaden their capabilities. Aspiring financial analysts can become more tech-savvy by exploring Python and other must-know programming languages. In addition, beginners can apply what they’ve learned by playing around with free data sets.  

Besides taking online courses and performing common tasks, individuals can get more creative with their curricula. Problem-solving is a key component of financial analysis, so puzzles and logic games like chess are excellent ways to fortify one’s analytical mindset. By combining the right amount of online and in-person activities, rising financial analysts can diversify their backgrounds before pursuing an internship or entry-level opportunity.

Courses

Expand Your Financial Analysis Career Opportunities

Take on new challenges and enhance your financial skill set with Udemy’s online courses.

Udemy

Topic:

Beginner to Advanced: Learn Excel Shortcuts, Formulas & Functions for Financial Modeling & Corporate Finance

 

What you'll learn:

  • Perform professional…

4.6
(7336)
Udemy

Topic:

Succeed as a Financial Analyst &Investor by Award Winning MBA Prof who worked @Goldman, in Hedge Funds & Venture Capital

 

What you'll learn:

  • 22+ hour…

4.5
(28201)
Udemy

Topic:

Excel, Accounting, Financial Statement Analysis, Business Analysis, Financial Math, PowerPoint: Everything is Included!

 

What you'll learn:

  • Work comfortably with…

4.6
(63661)
Udemy

Topic:

Financial Analysis, Time Series Analysis, Portfolio Optimization, CAPM, Algorithmic Trading, Q-Learning, and MORE!

 

What you'll learn:

  • Forecasting stock prices…

4.8
(859)
Certifications

Financial Analysis Certifications + Programs

Set yourself up for the next stage in your career with finance certifications through Udacity.

General Assembly’s Data Analytics Immersive is designed for you to harness Excel, SQL, and Tableau to tell compelling stories with a data driven strategy. This program was created for analysts, digital marketers, sales managers, product managers, and data novices looking to learn the essentials of data analysis. 

 

What you'll accomplish

You will learn to use industry tools, Excel, and SQL to analyze large real world data sets and create data dashboards and visualizations to share your findings. The Data Analytics Accelerator culminates in a.

Throughout this expert-designed program, you’ll:

  • Use Excel, SQL, and Tableau to collect, clean, and analyze large data sets.
  • Present data-driven insights to key stakeholders using data visualization and dashboards.
  • Tell compelling stories with your data.
  • Graduate with a professional portfolio of projects that includes a capstone project applying rigorous data analysis techniques to solve a real-world problem

 

Why General Assembly

Since 2011, General Assembly has graduated more than 40,000 students worldwide from the full time & part time courses. During the 2020 hiring shutdown, GA's students, instructors, and career coaches never lost focus, and the KPMG-validated numbers in their Outcomes report reflect it. *For students who graduated in 2020 — the peak of the pandemic — 74.4% of those who participated in GA's full-time Career Services program landed jobs within six months of graduation. General Assembly is proud of their grads + teams' relentless dedication and to see those numbers rising. Download the report here.

 

Your next step? Submit an application to talk to the General Assembly Admissions team


 

Note: reviews are referenced from Career Karma - https://careerkarma.com/schools/general-assembly

 

General Assembly

General Assembly’s Data Science Immersive is a transformative course designed for you to get the necessary skills for a data scientist role in three months. 

The Data Science bootcamp is led by instructors who are expert practitioners in their field, supported by career coaches that work with you since day one and enhanced by a career services team that is constantly in talks with employers about their tech hiring needs.

 

What you'll accomplish

As a graduate, you will be ready to succeed in a variety of data science and advanced analytics roles, creating predictive models that drive decision-making and strategy throughout organizations of all kinds. Throughout this expert-designed program, you’ll:

  • Collect, extract, query, clean, and aggregate data for analysis.
  • Gather, store and organize data using SQL and Git.
  • Perform visual and statistical analysis on data using Python and its associated libraries and tools.
  • Craft and share compelling narratives through data visualization.
  • Build and implement appropriate machine learning models and algorithms to evaluate data science problems spanning finance, public policy, and more.
  • Compile clear stakeholder reports to communicate the nuances of your analyses.
  • Apply question, modeling, and validation problem-solving processes to data sets from various industries to provide insight into real-world problems and solutions.
  • Prepare for the world of work, compiling a professional-grade portfolio of solo, group, and client projects.

 

Why General Assembly

Since 2011, General Assembly has graduated more than 40,000 students worldwide from the full time & part time courses. During the 2020 hiring shutdown, GA's students, instructors, and career coaches never lost focus, and the KPMG-validated numbers in their Outcomes report reflect it. *For students who graduated in 2020 — the peak of the pandemic — 74.4% of those who participated in GA's full-time Career Services program landed jobs within six months of graduation. General Assembly is proud of their grads + teams' relentless dedication and to see those numbers rising. Download the report here.

 

Your next step? Submit an application to talk to the General Assembly Admissions team


 

Note: reviews are referenced from Career Karma - https://careerkarma.com/schools/general-assembly

 

General Assembly

General Assembly’s Data Analytics Immersive is a transformative course designed for you to get the necessary skills for a data analyst role in three months. 

The Data Analytics bootcamp is led by instructors who are expert practitioners in their field, supported by career coaches that work with you since day one and enhanced by a career services team that is constantly in talks with employers about their tech hiring needs.

 

What you'll accomplish

As a graduate, you’ll have a portfolio of projects that show your knowledge of data analytics skills, as well as experience with visualization tools and frameworks that employers demand. Throughout this expert-designed program, you’ll:

  • Acquire, analyze, and visualize data sets in real time.
  • Master industry-standard tools like SQL, Excel, Tableau, PowerBI, and Python.
  • Turn data into stories that can influence and inform important decisions.
  • Ask the right questions and answer them with data-informed insights.
  • Demonstrate what you’ve learned with a solid professional portfolio.

 

Why General Assembly

Since 2011, General Assembly has graduated more than 40,000 students worldwide from the full time & part time courses. During the 2020 hiring shutdown, GA's students, instructors, and career coaches never lost focus, and the KPMG-validated numbers in their Outcomes report reflect it. *For students who graduated in 2020 — the peak of the pandemic — 74.4% of those who participated in GA's full-time Career Services program landed jobs within six months of graduation. General Assembly is proud of their grads + teams' relentless dedication and to see those numbers rising. Download the report here.

 

Your next step? Submit an application to talk to the General Assembly Admissions team


 

Note: reviews are referenced from Career Karma - https://careerkarma.com/schools/general-assembl

 

General Assembly
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