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Immigrate to Canada as an Investment Analyst

This article answers your questions on how to immigrate to Canada as an investment analyst.

Recently, multiple investment opportunities are attracting many to immigrate to Canada as investment analysts. Moreover, to make a viable financial investment that helps to avoid waste, financial and investment analysts are always needed. Lately, about 12,000 investment analysts emigrated to Canada for employment in various fields in Canada.

Besides, many establishments in Canada like brokerage houses and fund management companies, banks, insurance companies, investment companies, manufacturing firms, trust companies, utility companies, and underwriting firms have declared their interests to hire many financial and investment analysts from within and outside the country.

Furthermore, the work of an investment analyst in Canada is so important that many consult them for a safe financial investment. Moreover, the level of demand for investment analysts in Canada makes this occupation very lucrative.

Despite that, this occupation allows analysts to use special pathway programs to enter Canada. Yet with the chances of obtaining a permanent residence permit to work in Canada. 

However, with this article, you will understand better pathways to use for your immigration to Canada. Not only that, the various steps and requirements needed to make your immigration successful are clearly explained in this article.

Table of Contents

Job definition of an Investment Analyst in Canada

Investment and financial analysts in Canada are the people that collect and analyze financial information. Such as economic forecasts, trading volumes, and the movement of capital. Again, they collect the financial backgrounds of companies, historical performances, and future trends of stocks, bonds, and other investment instruments.

They do these to provide financial and investment or financing advice for their company or their company’s clients.

Moreover, their studies and evaluations cover areas such as takeover bids, private placements, mergers, or acquisitions. However, financial analysts are employed by a wide range of establishments throughout the private and public sectors, 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.

Examples of Investment Analysts under NOC 1112

The job positions below are different positions where those who immigrate to Canada as Investment Analysts can work. Therefore, if you are qualified to work in Canada as an Investment Analyst, you can hold any of the following positions or job titles:

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

Job Exclusions from Investment Analyst

The following jobs are not included in the jobs of an Investment Analyst in Canada. 

  • Economic development officers (See 4163 Business development officers and marketing researchers and consultants)
  • Financial planners (See 1114 Other financial officers)
  • Economists (See 4162 Economists and economic policy researchers and analysts)
  • Securities agents, investment dealers, and brokers (See 1113 Securities agents, investment dealers, and brokers) 

Main duties of an Investment Analyst in Canada

The job description of investment and financial analysts are: 

For financial analysts, they

  • 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
  • Advice 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.

For investment analysts, they:

  • 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

Employment requirements to immigrate to Canada as an Investment Analyst

Primarily, there are two kinds of requirements you need to meet before you can successfully immigrate to Canada as an Investment Analyst. These requirements are general and specific.

General requirements to work in Canada

Generally, whoever intends to work in Canada must meet these requirements below to qualify to work in Canada. 

  • Language requirements
  • Age requirements
  • Education requirements
  • Arranged employment
  • Adaptability
  • Work experience
  • Your partner’s ability

Language

The language requirement is compulsory for you to immigrate to Canada as an investment analyst. That is, you must provide proof of proficiency in the language.

This requirement is very important to work in Canada because you need it to communicate in Canada. Therefore, Canadian workers, especially foreign workers, must meet the minimum language requirements for reading, speaking, writing, and listening.

To prove this, you need to present your language test results from fully accredited international testing institutions such as Duolingo, TOEFL, and IELTS.

Moreover, you can take any of the language proficiency tests below to immigrate to Canada as an Investment Analyst. 

  • International English language Testing System (IELTS)
  • Test of English as Foreign language (TOEFL)
  • Canadian English language proficiency index program
  • Pearson Test of English (PTE)
  • The Canadian test of English for scholars and trainees
  • Test de Connaissance du Français Canada (TCF).  

Age

Canadian working age is 18 years. So before you can immigrate to Canada as an investment analyst, you need to be up to 18 years old. So if you have not reached the Canadian working age, you cannot work in Canada.

Education

The education requirement to immigrate to Canada as an Investment Analyst is a secondary school. However, certain jobs require more than secondary school. Therefore, you must get a report from ECA to prove your academic qualifications.

Arranged employment

When you have an arranged employment or job offer in Canada, you will be able to enhance your points on the CRS. 

Adaptability

You need proof that you will be able to adapt to the Canadian weather and working conditions. Moreover, you must be able to adapt to the environment for you to work efficiently in Canada. Therefore, before you can move to Canada as an Investment Analyst, you must have a medical checkup to determine your fitness.  

Work experience

You will need to show proof of your work experience. This helps to increase your score in the comprehensive ranking system. Therefore, your work experience means that you have a tested skill and experience to work in Canada. So while filling your application, make sure that you include all the previous work experience you have.

Your partner’s skills

Your partner’s skills also matter to your immigration. Therefore, your partner’s age, education, and other qualifications are necessary to qualify you. 

Specific requirements to immigrate to Canada as an Investment Analyst

For any investment and financial analyst to work in Canada, the following requirements are specifically meant for you to meet. They are:

  • A bachelor’s degree in commerce, business administration, or economics
  • 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 Institute of Chartered Financial Analysts in the United States, may be required by some employers.
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Pathways to immigrate to Canada as an Investment Analyst

It is easy to immigrate to Canada as an investment analyst using any of the following pathways below:

1: Express entry

Express entry can make it possible for you to immigrate to Canada as an investment analyst. Because this pathway to Canada remains the easiest pathway to immigrate to Canada. Therefore, considering the ease and the multiple programs through which you can immigrate to Canada as an Investment Analyst using express entry, you can use any of the programs below:

  • Federal skilled trades program
  • Canada experience class
  • A federal skilled worker program

2: Provincial Nominee Program

If you couldn’t use express entry, you can use the PNP. This is equivalent to the express entry. However, this program is managed by the provincial governments. Therefore, if you meet their requirements for this program, you can apply for it. However, you must be ready to live and work in the province that nominates you. In addition to that, you must be ready to adapt to the weather and work conditions of the province.

3: Job offer

When you have a job offer from any company in Canada, it becomes easier to immigrate to Canada as an Investment Analyst. However, before you can use this pathway, there are certain conditions your employer must fulfill. 

First of all, the Canadian employer must get a clearance from the LMIA.  Secondly, the employer must prove that you are the best candidate for the job. In addition, you must meet all the requirements for the job. 

4: In-demand jobs

Some financial institutions are looking for financial and investment analysts to deal with securities and investments. As a result, this job is classified among in-demand jobs in Canada. Hence, you can immigrate to Canada as an Investment Analyst using this pathway.

Steps to immigrate to Canada as an investment analyst

These are necessary steps to follow if you want to immigrate to Canada as an Investment Analyst.

  • The first thing to do is to check your eligibility for Canada’s express entry.
  • Then you need to create an express entry profile account and submit an express entry required documents in your profile online.
  • After that, you are required to apply for Canada’s working visa permit as soon as you get an Invitation to Apply (ITA).
  • Then, you must send your application within sixty days.
  • Thereafter, you wait until your application is approved or declined. This often takes about six months.
  • Finally, If your application gets approved, you can start preparing to immigrate to Canada as an investment analyst. 

Frequently asked questions FAQs

Are investment analysts in-demand in Canada?

Yes, because many financial institutions and other companies want them.

How much does the application fee cost?

Your application fee cost is $150

What is the processing time for a work visa to enter Canada as an Investment Analyst?

The processing time for a Canadian work visa is 6 months.

Must I use only a job offer to immigrate to Canada as an Investment Analyst?

No, because you have other pathways to use aside from job offer

What is the average salary of an Investment Analyst in Canada?

The average salary for an Investment Analyst in Canada is C$61,986 a year.

Conclusion

Without a doubt, this article must be a very good help and guidance to you. So go ahead to prepare yourself to immigrate to Canada as an Investment Analyst.