Bond Analysts


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Bond Analysts

Bond Analysts - Preparation

To work as a financial analyst, you typically need to:

  • have a high school diploma or equivalent; and
  • have a bachelor's degree.

Education after high school

Financial analysts need at least a bachelor's degree. Good majors are finance, accounting, statistics, and economics. A master of business administration (MBA) degree is an excellent way to prepare for this career.

Regardless of major, you should take courses in accounting, finance, economics, business, mathematics, and law. Courses in investments, taxes, estate planning, and risk management are also very helpful.

Work experience

Working in an accounting office, with a securities firm, or in a bank can give you good experience and contacts. Working as a research assistant in a brokerage house is also good experience.

On-the-job training

Many companies provide on-the-job training for new analysts. In general, training lasts between 6-12 months.

Source: Illinois Career Information System (CIS) brought to you by Illinois Department of Employment Security.