MBTI® Test ENTP Financial Analysts
Strong Interest Inventory® General Occupational Theme Code: Conventional, Investigative, Enterprising (CIE)
According to Hammer (1996), Extraverted-Intuitive-Thinking-Perceiving (ENTP) Myers-Briggs® Personality Types (MBTI test) tend to excel in challenging careers with multiple long-term goals and which involve working with large groups of people to succeed as a team. Such careers offer ENTP Myers-Briggs test types the opportunity to build an extensive network of contacts and channel their energy towards developing their potential quickly and efficiently.
Financial analysts work with quantitative data to optimize investment programs of various institutions. This involves gathering and interpreting relevant data, and comparing various possible investments to determine which investment or combinations of investments are optimal for a company or individual. Analysts also recommend strategies for timing investments, and present their findings in both oral and written reports to their supervisors and perhaps to the partners of the firms employing them. Being able to do this accurately requires a knowledge not only of the particular securities or assets their company is considering acquiring, but also involves the careful monitoring of larger trends, as published by banking firms, government agencies, or other reputable sources.
In the 21st century, this data collection and analysis is almost completely computerized. Therefore, financial analysts need to be adept at using desktop and notebook computers, as well as PDAs, smart phones, and tablets to stay connected on the go. They operate a variety of analytical, financial, search, and spreadsheet software, including MATLAB, AnalyzerXL, Microsoft Excel, AppleWorks, and more. They may also need to learn additional programs or programming languages depending on the specific needs of the firms they work for.
Being a successful financial analyst requires an intimate knowledge of a variety of fields, especially economics, accounting, and technology. However, it is also important to have a working understanding of legal requirements and procedures related to finance, as well as the ability to communicate fluently in English with clients and supervisors alike. Because Myers-Briggs test ENTP’s are naturally outgoing, they generally thrive when working closely with others. They also have the ability to make well-informed decisions even under time pressure, which lends itself well to a career as a financial analyst.
Financial Analysts need to process a vast amount of quantitative data quickly, and then present it in a way that is comprehensible even to non-specialists. For this reason, they need impeccable oral and written communication skills as well as both inductive and deductive reasoning. They need to be able to draw general conclusions from the specifies of a given case, as well as consider how broad trends might impact the function of a particular interaction. Because financial analysts need to have such a broad range of technical and interpersonal skills in addition to content knowledge of a variety of fields, the vast majority of financial analysts have a bachelor’s degree. An increasing number are now earning master’s degrees in economics or business administration as well.
Below are some employment trends for Financial Analysts:
- Median wage: $37.86 hourly, $78,380 annually
- Employment: 253,000 employees
- Projected growth (2012-2022): Faster than average (15-21%)
- Projected job openings (2012-2022): 100,900
Visit Our Strong Interest Inventory® Resource Page to Learn About the CIE GOT
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Choosing a career path can be difficult. The revised MBTI® Career Report helps point the way by showing you how your type affects your career exploration and discusses the benefits of choosing a job that is a good fit for your type. By taking the Myers-Briggs test you also explore preferred work tasks and work environments—as well as most popular and least popular occupations—for any type and receive strategies for improving job satisfaction. This completely updated report includes expanded coverage of popular fields such as business, health care, computer technology, and high-level executive and management occupations. It is based on four-letter type results and can be generated using your reported type or verified type.
- Bureau of Labor Statistics wage data and 2012-2022 employment projections Onetonline.org
- MBTI® Type Tables for Occupations, 2nd Edition. Schaubhut, N. & Thompson, R. (CPP, 2008)
- Introduction To Type and Careers, Hammer, A. (CPP, 1996).