\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

What does a financial analyst do in a F500?

...
titillating church
  04/02/18
credited question.
jade house
  04/02/18
the crux of corporate finance is taking raw data and drawing...
Contagious national fat ankles
  04/02/18
Does almost every f500 have a group of people doing this?
titillating church
  04/02/18
Yep, they all do. As do banks, etc. The experience is very t...
Contagious national fat ankles
  04/02/18
Has this always been the case? Like 20 years ago?
titillating church
  04/02/18
The expectations for work product are higher now. Excel skil...
Contagious national fat ankles
  04/02/18
What's the relationship between a F500 VP for Strategy and t...
titillating church
  04/02/18
The faggot vp will demand a ton of work from analysts for wh...
Contagious national fat ankles
  04/02/18
Oh. I figured the VP for Strategy is who the analysts report...
titillating church
  04/02/18
No, they roll up to the CFO. But there’s a ton of middle man...
Contagious national fat ankles
  04/02/18
analysts report to managers who report to directors who repo...
adventurous business firm
  04/02/18
What about at a smaller f500 company? How many strategists a...
titillating church
  04/03/18
VP for Strategy may be in an entirely separate group/line of...
Heady pearl keepsake machete
  04/02/18
I have worked in strategy for two big companies and neither ...
Bateful Circlehead
  04/23/18
Gathering a bunch of data and putting it into NPV models, co...
buck-toothed overrated spot
  04/02/18
How come you never hear about financial analysts at a large ...
titillating church
  04/02/18
they exist
adventurous business firm
  04/02/18
I'm sure they do but it never seems to comes up on this boar...
titillating church
  04/02/18
it's not a super complicated business so they probably don't...
adventurous business firm
  04/02/18
I'd imagine a typical firm with 1 or 2 thousand lawyers coul...
titillating church
  04/03/18
...
costumed wagecucks church building
  04/02/18
They seem to be mostly glorified accounts payable people
zombie-like ocher really tough guy community account
  04/02/18
Does it matter if you major in accounting or finance?
Frum Stage Shitlib
  04/02/18
From what I've seen on WSO (wallstreetoasis.com) acctg is pr...
Frum Stage Shitlib
  04/23/18
It's used as a catch-all title for anything related to finan...
Heady pearl keepsake machete
  04/02/18
Is there a distinction between a "financial analyst&quo...
Frum Stage Shitlib
  04/02/18


Poast new message in this thread



Reply Favorite

Date: April 2nd, 2018 4:21 PM
Author: titillating church



(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35745938)



Reply Favorite

Date: April 2nd, 2018 4:23 PM
Author: jade house

credited question.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35745952)



Reply Favorite

Date: April 2nd, 2018 4:29 PM
Author: Contagious national fat ankles

the crux of corporate finance is taking raw data and drawing insights from it to present to leadership.

An analyst wouldn’t do this but manager level and above typically lead presentations in front of executives, etc. You kinda have to know your shit at these meetings. Being a no-nonsense alpha helps.

The shitty thing about corp finance is you have to work extremely hard and you don’t get paid much at the lower levels.

The best thing about it is you really come to know and understand the whole business unlike other areas which are almost always siloed.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746006)



Reply Favorite

Date: April 2nd, 2018 4:31 PM
Author: titillating church

Does almost every f500 have a group of people doing this?

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746018)



Reply Favorite

Date: April 2nd, 2018 4:32 PM
Author: Contagious national fat ankles

Yep, they all do. As do banks, etc. The experience is very transferable.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746028)



Reply Favorite

Date: April 2nd, 2018 4:33 PM
Author: titillating church

Has this always been the case? Like 20 years ago?

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746038)



Reply Favorite

Date: April 2nd, 2018 4:37 PM
Author: Contagious national fat ankles

The expectations for work product are higher now. Excel skills have become more commodified (but a good excel guy is worth his weight in gold), there are a ton of data visualization tools (tableau, etc) and other software that you need to master concurrently.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746078)



Reply Favorite

Date: April 2nd, 2018 4:40 PM
Author: titillating church

What's the relationship between a F500 VP for Strategy and the financial analysts?

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746113)



Reply Favorite

Date: April 2nd, 2018 4:42 PM
Author: Contagious national fat ankles

The faggot vp will demand a ton of work from analysts for what amounts to ???? Because nobody knows what strategy people even do.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746126)



Reply Favorite

Date: April 2nd, 2018 4:44 PM
Author: titillating church

Oh. I figured the VP for Strategy is who the analysts reported to.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746142)



Reply Favorite

Date: April 2nd, 2018 4:45 PM
Author: Contagious national fat ankles

No, they roll up to the CFO. But there’s a ton of middle management at F500s.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746145)



Reply Favorite

Date: April 2nd, 2018 4:51 PM
Author: adventurous business firm

analysts report to managers who report to directors who report to VPs

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746190)



Reply Favorite

Date: April 3rd, 2018 4:22 PM
Author: titillating church

What about at a smaller f500 company? How many strategists and financial analysts could there be?

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35753922)



Reply Favorite

Date: April 2nd, 2018 5:15 PM
Author: Heady pearl keepsake machete

VP for Strategy may be in an entirely separate group/line of authority without any direct relationship to financial analysts.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746357)



Reply Favorite

Date: April 23rd, 2018 6:17 PM
Author: Bateful Circlehead

I have worked in strategy for two big companies and neither had financial analysts reporting up through strategy. They both had them in FP&A.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35903594)



Reply Favorite

Date: April 2nd, 2018 4:30 PM
Author: buck-toothed overrated spot

Gathering a bunch of data and putting it into NPV models, collecting costs from different parts of company and coming up with five, ten year budgets and constantly having meetings to cut and cut and cut more

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746016)



Reply Favorite

Date: April 2nd, 2018 4:34 PM
Author: titillating church

How come you never hear about financial analysts at a large law firm?

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746048)



Reply Favorite

Date: April 2nd, 2018 4:36 PM
Author: adventurous business firm

they exist

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746068)



Reply Favorite

Date: April 2nd, 2018 4:39 PM
Author: titillating church

I'm sure they do but it never seems to comes up on this board. And in general it seems like law firms are bad at pricing so lack guidance.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746100)



Reply Favorite

Date: April 2nd, 2018 4:50 PM
Author: adventurous business firm

it's not a super complicated business so they probably don't need that many of them or pay them all that much.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746186)



Reply Favorite

Date: April 3rd, 2018 4:25 PM
Author: titillating church

I'd imagine a typical firm with 1 or 2 thousand lawyers could use more of a corporate headquarters than what exists now.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35753954)



Reply Favorite

Date: April 2nd, 2018 4:49 PM
Author: costumed wagecucks church building



(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746182)



Reply Favorite

Date: April 2nd, 2018 4:58 PM
Author: zombie-like ocher really tough guy community account

They seem to be mostly glorified accounts payable people

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746231)



Reply Favorite

Date: April 2nd, 2018 5:07 PM
Author: Frum Stage Shitlib

Does it matter if you major in accounting or finance?

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746282)



Reply Favorite

Date: April 23rd, 2018 6:14 PM
Author: Frum Stage Shitlib

From what I've seen on WSO (wallstreetoasis.com) acctg is preferred over fin. for F500 corp. fin. For Wall Street there seems to be no consensus. Some of the "targeted" schools don't even have an undergrad business program at all, and the firms provide paid training.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35903579)



Reply Favorite

Date: April 2nd, 2018 5:13 PM
Author: Heady pearl keepsake machete

It's used as a catch-all title for anything related to finance or accounting.

This article does a decent job of summarizing the main types: https://www.mergersandinquisitions.com/corporate-finance-jobs/

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746336)



Reply Favorite

Date: April 2nd, 2018 5:23 PM
Author: Frum Stage Shitlib

Is there a distinction between a "financial analyst" and an "accountant"? In the context of a F500 company.

(http://www.autoadmit.com/thread.php?thread_id=3936948&forum_id=2#35746410)