Which financial careers are dying a slow death?
In my opinion, Credit Analysis jobs are on the verge of being replaced by automation, with vacancies already on a downward trend.
Equity Research jobs are also dwindling compared to the previous decade.
One response
Financial Careers Facing Decline
Credit Analysis Jobs
One financial career that appears to be on the decline is credit analysis. With the advancement of technology and the rise of automated systems, many of the tasks traditionally performed by credit analysts can now be done more efficiently and accurately by machines. As a result, there is a downward trend in the number of vacancies for credit analysis positions, as companies are investing more in automated credit scoring systems. This shift towards automation is likely to continue, leading to a slow death of credit analysis jobs in the future.
Equity Research Jobs
Another financial career that seems to be facing a decline is equity research. The number of equity research jobs has decreased over the past decade, mainly due to regulatory changes and increased competition in the industry. With the rise of passive investing and the availability of financial data and analysis tools online, the demand for traditional equity research analysts has decreased. Many companies are now relying more on quantitative analysis and data-driven approaches, reducing the need for human equity research professionals. This trend is expected to continue, further diminishing the prospects for equity research careers.
In conclusion, credit analysis and equity research are two financial careers that are slowly dying due to technological advancements, automation, and changes in the industry landscape. Individuals considering a career in these fields may want to explore alternative paths or develop additional skills to remain competitive in the evolving financial job market.