What does a Corporate Analyst do?
Published 4 min read
A corporate analyst is a professional who provides analysis of a company's financial statements and performance. They may also provide recommendations to improve the company's financial health.
Corporate Analyst job duties include:
- Conducting business and financial analysis to support decision-making
- Identifying opportunities for process improvement and cost savings
- Developing forecasting models and performing trend analysis
- Preparing management reports to summarize findings and recommend solutions
- Conducting research on industry trends, economic conditions, and competitors
- Supporting the development of annual business plans and budgets
- Performing data mining and statistical analysis to support marketing initiatives
- Assisting in the preparation of SEC filings and other regulatory reports
- Participating in due diligence for mergers, acquisitions, and divestitures
- Providing ad hoc analysis and support on special projects as needed
Corporate Analyst Job Requirements
A corporate analyst is responsible for providing financial analysis and support to a company. They may work in the accounting, finance, or economic departments of a company and are responsible for analyzing data and financial statements to help make decisions about the company's operations. A corporate analyst typically has a bachelor's degree in accounting, finance, economics, or business administration. Some positions may require certification, such as a Certified Public Accountant (CPA) or Certified Financial Analyst (CFA). Corporate analysts typically have 2-5 years of experience working in finance or accounting.
Corporate Analyst Skills
- Communication
- Presentation
- Excel
- VBA
- SQL
- Tableau
- Business Analysis
- Requirements gathering
- Process improvement
- Project management
- Stakeholder management
- Change management
Related: Top Corporate Analyst Skills: Definition and Examples
How to become a Corporate Analyst
A corporate analyst is a professional who provides financial analysis and support to businesses. They are responsible for preparing financial reports, analyzing data, and providing recommendations to management. Corporate analysts typically have a bachelor’s degree in business, accounting, or economics. Many also have a master’s degree or certification in financial analysis.
To become a corporate analyst, you will need to develop strong analytical and problem-solving skills. You should be able to use financial software programs and have a working knowledge of accounting principles. It is also important to be able to effectively communicate your findings and recommendations to managers and other decision-makers.
If you are interested in becoming a corporate analyst, start by pursuing a bachelor’s degree in business, accounting, or economics. During your studies, take courses in financial accounting and analysis. Once you have completed your degree, consider obtaining a master’s degree or certification in financial analysis. Then, look for entry-level jobs with businesses in your industry of interest. Be sure to highlight your analytical skills and experience in your cover letter and resume. With hard work and dedication, you can build a successful career as a corporate analyst.
Related: Corporate Analyst Resume Example
Related: Corporate Analyst Interview Questions (With Example Answers)