11101 Financial and investment analysts

What this occupation covers

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.

Official main duties

The NOC profile lists 13 main duties for this code.

• 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.
• 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.

Do not copy these lines into your reference letter. The letter has to describe what you actually did, in your employer’s words. DUTYPROOF flags wording lifted from the NOC as something to review, and an officer reading a letter that mirrors the NOC reads it the same way.

What DUTYPROOF screens for

This is DUTYPROOF’s screening threshold, not IRCC’s decision. For this NOC, screening requires at least 2 of its 13 official duties to be evidenced in your own words, plus the required letter elements. IRCC asks that you performed the actions in the occupation’s lead statement and a substantial number of its main duties — so treat the duty coverage as the number that matters, not the badge.

Codes this one is confused with

The NOC profile names these itself. Choosing the wrong code of a look-alike pair is the most common way genuine work experience fails to establish eligibility.

• 41402 Business development officers and market researchers and analysts
• 41401 Economists and economic policy researchers and analysts
• 11102 Financial advisors
• 11103 Securities agents, investment dealers and brokers

Excluded from this code

• 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)

Job titles filed under this code

A title on this list does not by itself put your experience in this code — the duties in your letter decide that.

assistant financial analyst · bond analyst · chartered financial analyst · corporate investment adviser · cost financial analyst · finance and commercial affairs analyst · financial analysis consultant · financial analyst · financial services economic analyst · financial services research associate · fiscal projections consultant · investment analyst · investment consultant · junior financial analyst · money market analyst · mutual fund analyst · portfolio manager · regional financial analyst · securities analyst · securities research analyst · senior financial analyst · senior investment officer · senior planning and return analyst · senior planning and yield analyst

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.