Education & Qualifications
There are many entry points for employment as a financial analyst.
An undergraduate qualification such as a Bachelor of Commerce or Bachelor of Business, with majors in Economics or Econometrics, or a Bachelor of Applied Finance is the most common educational foundation. Depending on the university, entry scores range from 70 to 95.
Those universities in New South Wales with the highest entry scores include University of Sydney, Macquarie University, University of New South Wales and University of Technology Sydney. In Victoria, Monash University and University of Melbourne are well regarded.
A diploma in accounting, advanced diploma in accounting or an associate degree in accounting from a recognised TAFE program can also be a starting point. TAFE centres offer diplomas in financial services which can form the basis of your learning and help you to get your foot in the door.
The Australian Securities and Investments Commission (ASIC) has set minimum standards for the training of advisers. The policy applies to all persons who provide financial product advice to retail customers. Industry training is also required and is usually part of tertiary or trainee requirements. The courses approved are listed in the ASIC training register at www.asic.gov.au.
The entry criteria for tertiary institiutions differs from year to year. The above comments are a guide only. To gain specific entry criteria either contact the relevant university or use Hobson's The Good University Guide.
Relevant Universities Colleges & TAFE
Careernav have trolled through all the universities, specialist colleges and TAFE’s across the nation to identify those courses we consider relevant to this career. We have only focussed on the core single degree and its full time period. We acknowledge many combination degrees are available and different students combine different degrees. Course names also differ by university and we have grouped like courses together. We may have missed the odd course being offered, so we recommend for a more detailed guide check with the universities direct or one of the university course guide books such as Hobson’s. Please note Careernav are totally impartial and do not recommend one tertiary institution over another. To view the A to Z of tertiary institutions that offer relevant courses for this career.
Click here to view allPromoting Tertiary Institutions
All tertiary institutions have an open invitation to make available their course outline using the ‘For Institutions’ tab in the footer section of each page. From time to time universities, colleges or TAFE will take up Careernav’s offer to promote their courses and make available ‘Course Outline’ for your consideration. When an icon appears, consider its relevance and download the Course Outline on the one that interests you by clicking “I would like to learn more” at the end of the course profile.
Our Privacy Policy confirms your contact details including your email address will remain in the strictest of confidence. If you would like your email details provided to selected tertiary institutions to talk further about the course you need to click the checkbox. Only then will Careernav invite the tertiary institution to accept your email address and facilitate contact between you and them.
About the Author
.jpg)
Andrew Madgwick Wholesale Banking, NAB
Although considered young, Andrew has been involved in the markets for the past 4 years. Holding positions at a Team Leader level in wholesale banking operations for FX Options and Commodity Derivatives and working in a Project Management role as SME has given him a real understanding of ‘how things work’. Throughout this time he has been able to develop key relationships with stakeholders in all sections of the wholesale banking business.
Andrew holds an undergraduate degree from Macquarie University in Applied Finance and a Graduate Diploma of Applied Finance and Investment from FINSIA..
Did you know that annual global spending on education is $80 billion.