How Do I Become a Financial Systems Analyst?

A degree in accounting, business, or a related field along with three to five years of experience in the industry is necessary to become a financial systems analyst. Individual employers may request additional qualifications, such as completion of specialized certification programs. People with an interest in this field may want to look at job listings for companies they are interested in to learn more about the kinds of requirements they can expect, so they can prepare accordingly.

The first step is typically a four year degree in an appropriate field. Accounting and business can both prepare someone to become a financial systems analyst by providing education about the industry and the systems companies use to manage financial information. Some systems analysts may have backgrounds in computer programming with minors in business. In all cases, it is critical to be familiar with software systems in use by the financial industry.

With a degree, it is possible to apply for positions at financial firms, usually as an assistant analyst or in an administrative support position. Full analyst positions are usually not open to people who have just graduated and have no industry experience. Work experience is an important part of the training to become a financial systems analyst, as it provides real-world experience and mentoring opportunities. A mentor can show people through a computer system and help them learn how to audit the system and allow users to see how effectively and appropriately a company uses its resources.

While pursuing experience, it can help to explore professional development opportunities. Membership in a professional organization can be very helpful, and may provide access to trade publications, conferences, and other continuing education opportunities. These can help people develop skills and experience they can use in their applications, where companies expect to see evidence of qualifications and a continued commitment to excellence in the field. Someone who plans to become a financial systems analyst also needs to keep up with legislative events, as these can have an impact as well.

Job listings should provide information about the qualifications a company expects from someone who wants to become a financial systems analyst. Once employees are qualified, they can apply into such positions. They can also make it clear to supervisors that they have an interest in promotion, to increase the chances of being considered when a position becomes vacant and needs filling. Employees who distinguish themselves may be promoted from within by a company that would rather fill positions quickly than go through the hiring process.