How do I Become an Equity Analyst?

Article Details
  • Written By: Carol Francois
  • Edited By: Heather Bailey
  • Last Modified Date: 28 October 2018
  • Copyright Protected:
    Conjecture Corporation
  • Print this Article

There are four steps required to become an equity analyst: post-secondary training, related work experience, analytical skills, and complete the job interview process. An equity analyst spends his time reviewing data regarding financial transactions surrounding equity in property or financial instruments. This job is very similar to financial, securities, or investment analyst.

People who have an analytical thought process, enjoy working independently, and are comfortable exploring multiple scenarios find the greatest satisfaction in this type of work. The most important skill for an equity analyst is data manipulation and management. Attention to detail, discipline, and focus are all essential for anyone who wants to become an equity analyst.

The first requirement to become an equity analyst is to complete a post-secondary education program. The vast majority of investment and banking firms require a minimum bachelor's degree. The degree can be in accounting, math, business, statistics, or related field. More commonly, a master's degree in statistics or math is required.

Related work experience includes financial analyst, statistician, finance officer, or accounting. These jobs all use both computer software analysis and statistics programs. Analyst positions are typically mid-career, with limited opportunities available to new graduates.


As an analyst, the vast majority of your time is spent reviewing data, performing what-if scenarios, or responding to specific requests for information. Analytical skills, such as comparative analysis, data segmentation, and identifying outliers are part of the daily requirement. Many people develop these skills as part of their post-secondary education program, and fine tune them in the work environment.

When applying for a job to become an equity analyst, be sure to proofread your resume and cover letter, double checking for any grammar or spelling mistakes. It is becoming increasingly common for investment firms to require a credit and criminal records check as part of the application process. Keep this in mind when applying.

During the job interview process, most employers have a standard list of questions and are looking for complete, concise responses. Remember that everything you say will be written down and reviewed. Think about your answers, stay calm, and be sure to answer the question that was asked.

Many people remain as analysts for their entire careers, either expanding their role within the finance industry, or branching out to other related industries. Options for an equity analyst includes accounting analysts, data management, or working for a software company. Completion of additional education may create even more opportunities.



Discuss this Article

Post 2

@Domido – Hi there! The interview is all about confidence and presenting yourself like a professional!

Just from this one post, it appears that you are qualified and have a winning personality. Go into that interview believing that you do, believing that you are and believing that you are going to win this job.

The worst that will happen is that you get disappointed.

Sure, things like appearance and body language matter. But in the end, it all comes down to you making these people believe that you are the absolute best choice for their financial analyst or equity research or burger flipper position. You can’t do that if you don’t believe it yourself.

Post 1

This sounds like an incredibly interesting opportunity – well, all of it except for that Master’s in statistics. Does anyone on the whole planet actually have one of those? I’d love to meet them if there is someone.

I do have a master’s in mathematics, however, and am quite ready to pursue this career. I’m worried about one thing, though; the interview.

I have plenty of accounting experience, great references, the appropriate grad work, and I’d love to pursue a doctorate.

But I have never, ever, not in one million years been good with interviews. Any ideas on how to help a qualified yet bashful equity research analyst ace an interview?

Post your comments

Post Anonymously


forgot password?