A comparison Between a Data Analyst And a Financial Analyst

If you are a young professional or a student in The United States of America who is good with numbers and an expert problem solver then you should consider a career at finance DTA or become a data analyst. You can grow your career and make money. Financial analysts sport trends using financial data, helping their clients and employers make informed investing decisions. A lot of businesses rely on financial analysts to know when it is an auspicious time to sell or buy specific securities.

Financial analyst

This is a professional who tends to take a general perspective when doing their work. They review various financial decisions based on stated business objectives, market trends and possible investment options of companies while reviewing financial forecasts and economic data.

If you are an aspiring financial analyst then you should get a degree in finance although economics or mathematics could also suffice. If you want to become a finance data analyst in America you may need a master’s in business administration although it is not always required.

Data analyst

A data analyst has a narrow focus. Data analysts collect data and examine it to discover trends and glean info that can be used to make informed business decisions. Companies rely on big data in the information age more than ever to make informed decisions such as which products and services to sell, which customers to target and which advertising methods to use. For virtually any decision, data is available to steer the company to make the right decision and head in the right direction.

The role of finance DTA data analyst is to procure data and draw useful conclusions that the company can use to make informed decisions. Being a data analyst you can work in different types of industries. Data analyst is not an industry-specific role. Data analyst in America commands above-average salaries.