What does an equity research analyst do?
Equity research analysts work for both buy-side and sell-side firms in the securities industry. They produce research reports, projections, and recommendations concerning companies and stocks.
How much do equity research analysts make?
Compensation The average equity research analyst earns about $79,000 in annual compensation, according to PayScale. 1 Research analysts also indirectly generate revenues through sales and trading activities that are based on their recommendations.
How much do top equity research analysts make?
Equity Research Analyst Salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $150,000 | $12,500 |
| 75th Percentile | $111,000 | $9,250 |
| Average | $88,892 | $7,407 |
| 25th Percentile | $53,500 | $4,458 |
How much do buy side equity research analysts make?
Buy Side Equity Analyst Salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $179,000 | $14,916 |
| 75th Percentile | $124,000 | $10,333 |
| Average | $105,366 | $8,780 |
| 25th Percentile | $65,500 | $5,458 |
Do you need CFA for equity research?
The key difference is that the MBA skims across several finance-specific topics that the CFA digs deeper into (although certain MBA specializations may also get into the finer details), for the sake of giving the student a more well-rounded business education.
Is CFA necessary for equity research?
There is no specific qualification that is compulsory to become an equity research analyst. If you aren’t a graduate in any of these fields, you can pick up certifications like those of a Chartered Financial Analyst (CFA) to make yourself eligible for the role of an equity research analyst.
Is equity research a hard job?
Equity research analyst overview. A career in equity research is very demanding, with associates and analysts frequently working 70+ hour weeks. There is a lot of competition for positions, the compensation is solid, and the work is extremely cerebral.
Do you need MBA for equity research?
Getting Started. At the minimum, you’ll need a bachelor’s degree to become an equity researcher and typically start out as an associate. Even then, a bachelor’s degree is typically not enough to get you a job at a top investment firm. Instead, you’ll need either a CFA designation or an MBA.
Is CFA good for equity research?
The CFA is particularly geared to people who want to work in fund management and equity research. “A CFA is most relevant if you are investing in public markets,” says Jim Nairn, a director at Cornell Partnership. “It’s a lot less relevant if you’re a trader.”
What are the qualifications for equity research analyst?
This designation requires candidates to have a minimum of four full years of qualifying experience. Consequently, it is generally considered a qualification for advancement into more senior positions in the field. The designation requires candidates to pass a series of three examinations.
What kind of job does an equity analyst have?
Most equity research analysts begin in entry-level research associate positions after completing bachelor’s degree programs. Research associates work under the direction of a senior equity research analyst creating financial models and conducting research.
Do you need a license to do equity research?
Many equity research analysts require a license from the Financial Industry Regulatory Authority (FINRA), a national body charged with oversight of securities firms and brokers. The licensing process typically requires sponsorship from an employing firm, so most analysts complete license requirements only after hiring is complete. 2