By Dheya Career Mentors · 3 min read · Updated 28 October 2026

Research and Analysis Careers in Finance

Finance needs people who can read numbers and tell the story behind them. Here are the analyst paths.

Analyst roles

  • Equity research analyst — evaluates companies and recommends investments.
  • Credit analyst — judges whether borrowers can repay.
  • Financial planning and analysis (FP&A) — budgets and forecasts inside companies.
  • Risk analyst — measures market, credit and operational risk.

Regulation and certification

Research analysts who publish investment recommendations in India are regulated by SEBI, and certification modules are offered through the National Institute of Securities Markets (both checked 2026-10-28). Professional qualifications such as CFA, CA or an MBA in finance are also common.

Core skills

Accounting, financial modelling in spreadsheets, economics, clear report writing and scepticism.

Deciding whether it fits you

A field can look exciting from the outside and still be a poor fit. Before committing, talk to two or three people already doing the work, try a short course or project, and notice whether the day-to-day tasks energise or drain you. A structured conversation with a mentor can help you compare options against your interests, abilities and values rather than trends alone.

Frequently asked questions

Do I need to be from commerce?

Commerce helps, but engineering, economics and mathematics graduates also enter finance analysis.

Is CFA necessary for equity research?

Not mandatory, but it is widely respected. Check SEBI's current requirements for registered research analysts.

What should I learn first?

Accounting basics and spreadsheet modelling are the most useful starting skills.

Keep exploring

Not sure which path fits you?

Talk to the Dheya team — a free 20-minute call to help you see your options clearly.

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