Career roadmap
How to Become a Financial Analyst
The education, training, certifications and steps it takes to start working as a financial analyst, plus how long it takes and where the career can lead.
To become a financial analyst: (1) earn a finance-related degree, (2) master Excel and modeling, (3) get an internship or entry role, (4) earn credentials, (5) advance. Most people need about 4 years. BLS lists “bachelor's degree” as the typical entry-level education.
5 steps to become a financial analyst
Earn a finance-related degree
Finance, accounting or economics.
Master Excel and modeling
Practice building forecasts and models.
Get an internship or entry role
Start as a financial or junior analyst.
Earn credentials
Pursue the CFA, FPAC or FMVA.
Advance
Become a senior analyst, FP&A manager, controller or portfolio manager.
Education and training requirements
A bachelor’s degree in finance, accounting, economics or a related field is typical. MBAs and credentials such as the CFA help with senior roles.
| Typical entry-level education (BLS) | Bachelor's degree |
|---|---|
| Related work experience | None |
| On-the-job training | None |
| Typical training time | 4 years |
Certifications and licenses
- Chartered Financial Analyst (CFA): A rigorous credential for investment professionals.
- Certified Corporate FP&A Professional (FPAC): Credential from the Association for Financial Professionals.
- Financial Modeling and Valuation Analyst (FMVA): A practical modeling certification.
- FINRA licenses: Such as the SIE and Series 7 for some investment roles.
Skills to build now
Start with financial modeling, excel, and accounting fundamentals, and practice analytical thinking and communication. Learning the financial analyst vocabulary early makes training and interviews easier.
Where the career can lead
- Financial Analyst: Build models and reports.
- Senior Financial Analyst: Lead analyses and forecasts.
- FP&A Manager or Portfolio Manager: Lead planning or investments.
- Controller, Director of Finance or CFO: Lead finance functions.
Get a head start
Our self-paced Financial Analyst training gives you a realistic, practical overview of the job (duties, terminology, step-by-step tasks, safety and interview prep) so you can decide with confidence and show employers you’re serious.
Common questions about getting started
What degree is best?
Finance, accounting or economics.
How long does it take to become a financial analyst?
Most people need about 4 years of training. A bachelor’s degree in finance, accounting, economics or a related field is typical. MBAs and credentials such as the CFA help with senior roles.
Do you need a degree to be a financial analyst?
Usually, yes. BLS lists a bachelor's degree as the typical entry-level education, although skills, certifications and experience can sometimes substitute.
What certifications are available for financial analysts?
Common credentials include Chartered Financial Analyst (CFA), Certified Corporate FP&A Professional (FPAC), Financial Modeling and Valuation Analyst (FMVA), and FINRA licenses. Requirements vary by state and employer.
Sources
- U.S. Bureau of Labor Statistics, BLS Occupational Employment and Wage Statistics (OEWS), May 2025, SOC 13-2051 (Financial and investment analysts).
- U.S. Bureau of Labor Statistics, BLS Employment Projections, Table 1.2 (2025–35).
- O*NET OnLine summary for Financial and investment analysts (U.S. Department of Labor).
- BLS Occupational Outlook Handbook.
Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.