Which software do Financial analysts use?

CFA General
#1

Dear All, I could not find any better place to ask this. Maybe you could help me. Is there any kind of specialised software that for financial analysts use for their planning and advice things? Just curious and I could try itjust to see if it can better help me in my studies.

Just let me know the software(s) if possible.

Thanks

PVR

#2

That depends on what type of finance you are in and what kind of analysis you are doing.

In general:

Essentials: Excel and VBA programming in excel.

Fixed income, porftfolio management and equities and other areas requiring statistical analysis or simulation will often use MatLab/Octave, R, Stata.

Essential data mining software is SQL.

Other big programs to familiarize are Factset and Bloomberg but are much more difficult to obtain access too.

#3

Wow! At least I got some names. Thank you. I am looking for sthg I could use for my local stock exchange. Mauritius. Guess I will not get anything?

Thanks

#4

Mauritius has a Stock Exchange? what do they trade there? Dodos?

#5

That depends on what you want to do, or how you want to get the software :wink:

#6

88 companies in a market that has a very low correlation to the US market.

http://www.investmentfrontier.com/2014/02/03/frontier-stock-market-correlations-2014/

It also has more “economic freedom” than the US:

http://en.wikipedia.org/wiki/Index_of_Economic_Freedom

#7

Crazyman thanks for linking out this investmentfrontier site, it is quite interesting