Looking for the best CFA Careers around? Well, you are in luck as here, I am going to talk about one of the most popular CFA Careers that all graduates strive for which is becoming a financial analyst in an Investment Bank.
CFA Careers – Career Number 1 # Financial Analysts at Investment Banks
It is not doubt that being a financial analyst of a large organization or investment company is a popular CFA Careers choice. For CFAs, becoming financial analysts of reputable banks is considered one of the best CFA careers, if not the best. With a starting salary ranging from USD60, 000 to USD90,000 annually, it is no wonder many CFAs chose this profession.
And this amount is excluding any of the bonuses that they might get, which can be up to 50% of their salary! In addition there are other various benefits (depending on the company remuneration policy, of course) such as cell phone allowances, transport allowance and the chance to deluge in expensive fine dining every once a while!
CFA Careers – It is Not about Glamorous Life
However, with all these benefits, there is certainly much work you need to do. So do understand what you are getting into should you join an investment company as a financial analyst. For instance, the working hours will be long. Also, you have to face the fact that there is a limited amount of mergers, leveraged buyouts and IPOs will happen in a year, so there are not many vacancies for this job.
Also, be warned as not many succeed in this job for long term. So be careful, although this is no doubt a great CFA career opportunity as you will be making a lot of income, you will have a hard time spending them due to your long hours of working!
CFA Careers – The Good News
Although the benefits are many, a lot of people still left the investment banking industry only after a couple of years. This is due to the intense stress related to the job. The good news is that should you leave an investment bank, there are many CFA careers opportunities that you pursue easily.
With the experience gained, you will be able to find a fantastic job offer in no time at all. The experience and knowledge gained should be your main reason in landing a financial analyst job. (more…)