And job search engines spider the web and collect all American posted job openings 24/7. If shit flows downhill, Analysts are the ones at the bottom collecting and processing it every day before they hand it back up the chain of command, hopefully prettier and less aromatic than when they received it. Analysts are cannon fodder. Data analysis also deals with saving money and bettering the finances of the corporation, but either way, analysts deal with a lot of financial data.
In large part, the Associate’s job is very similar to that of the Analyst, with the exception that the Associate has both the authority to delegate and direct Analysts in their work and the responsibility to get the output right. Sure, they have authority over the privates, but they spend their lives taking fire in the same foxholes the Analysts do. If an Analyst is not available or cannot do the work, the Associate does it herself. For someone who is curious, logical, highly numerate, and most importantly wants to share their knowledge, data analysis can be extremely rewarding.
Unlike Financial Analysts, many of whom sign up for a two-year stint to get a prestigious job on their résumé, make some money, then light out for the territories never to be seen again, Associates are expected to be lifers. To improve the ability to develop a framework for financial analysis and to rationally evaluate alternatives for purposes of decision-making.
They are expected to learn not only how to make flawless pitch books and financial models and manage the Analysts supposedly doing the work, but also the ins and outs of their groups’ business, clients, competitors, and transactions. Vice Presidents are not expected to do basic research, program or update financial models, proofread presentation materials, or nitpick production details like fonts, color schemes, or graphics formats. Many of your reports will have a financial element even if you aren’t directly working with corporate financial data.
Data Analysts must be able to present their findings, whether it’s in a low-level report to the colleague who sits next to you so that she can use your findings in her own report, or whether it’s a high-level report to the management team so that they can plan future policy. Data analysis is often geared towards fault-finding (and fixing!) or improvement, or both – and both problems and improvements cost money. Many jobs offered high pay, such as those in physical therapy and software engineering.