National Occupational Classification (NOC) 2021 Version 1.0

• 1 - Business, finance and administration occupations
• 11 - Professional occupations in finance and business
• 111 - Professional occupations in finance
• 1110 - Auditors, accountants and investment professionals

11101 - Financial and investment analysts

Financial and investment analysts collect and analyze financial information such as economic forecasts, trading volumes and the movement of capital, financial backgrounds of companies, historical performances and future trends of stocks, bonds and other investment instruments to provide financial and investment or financing advice for their company or their company's clients. Their studies and evaluations cover areas such as takeover bids, private placements, mergers or acquisitions. Financial analysts are employed by a wide range of establishments throughout the private and public sector, such as banks, brokerage houses, insurance companies, investment companies, manufacturing firms, trust companies, utility companies and underwriting firms. Investment analysts are employed primarily by brokerage houses and fund management companies.

• Illustrative example(s)

  • chartered financial analyst
  • financial analyst
  • financial services research associate
  • investment analyst
  • money market analyst
  • portfolio manager

  All examples

• Exclusion(s)

  • Economic development officer (See 41402 Business development officers and market researchers and analysts)
  • Economist (See 41401 Economists and economic policy researchers and analysts)
  • Financial planner (See 11102 Financial advisors)
  • Securities agents, investment dealers and brokers (See 11103 Securities agents, investment dealers and brokers)

• Main duties

  This group performs some or all of the following duties:

  Financial analysts

  • Evaluate financial risks, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations
  • Plan short- and long-term cash flows and assess financial performance
  • Analyze investment projects
  • Advise on and participate in the financial aspects of contracts and calls for tender
  • Follow up on financing projects with financial backers
  • Develop, implement and use tools for managing and analyzing financial portfolio
  • Prepare a regular risk profile for debt portfolios
  • Assist in preparing operating and investment budgets
  • Develop and update financial or treasury policies.

  Investment analysts

  • Collect financial and investment information about companies, stocks, bonds and other investments using daily stock and bond reports, economic forecasts, trading volumes, financial periodicals, securities manuals, company financial statements and other financial reports and publications
  • Examine and analyze financial and investment information collected, including profiles of companies, stock and bond prices, yields and future trends and other investment information
  • Provide investment advice and recommendations to clients, senior company officials, pension fund managers, securities agents and associates
  • Prepare company, industry and economic outlooks, analytical reports, briefing notes and correspondence.

• Employment requirements

  • A bachelor's degree in commerce, business administration, accounting, finance or economics and on-the-job training and industry courses and programs are usually required.
  • A master's degree in business administration (MBA) (concentration in finance) or in finance may be required.
  • The Chartered Financial Analyst (CFA) designation, available through a program conducted by the CFA Institute or an other recognized financial designations (CFP, CIM or others), is usually required.
  • Other designations, such as Chartered Professional Accountant (CPA) and Certified Treasury Professional (CTP), may be required by some employers.

• Additional information

  • Progression to management positions, such as securities manager, is possible with experience.