Research Report On The Competency Model Of Analysts In The Securities Industry

Securities analysts are very important to the financial market.It is the information providers and sharers of the financial market that promote the circulation of information,improve the efficiency of the entire market,and avoid information asymmetry.With the development of the entire industry,the position of securities analysts continues to increase.First,analysts influence the pricing of products in the capital market.Second,securities analysts use their professional capabilities to interpret and analyze relevant information.The research report eases the problem of information asymmetry.At present,analysts are facing two major problems:(1)the evaluation method of the securities industry analysts in academia is too single;(2)the existing analysts evaluation standards are facing great changes.Aiming at the two existing problems,and in order to better screen the seller analysts in the securities industry,and to provide reasonable training programs and evaluation standards for already serving analysts,this paper aims to establish a seller analyst competency model.This research mainly uses the competency model to explore the competence of domestic securities industry analysts.First,the literature research method is used to extract the competencies that are still applicable to the background of the times.Then the work analysis method is used to further explore the competence of domestic seller analysts.The characteristics of competence are verified and supplemented by the competencies summarized in the literature analysis method.Finally,the behavioral event interview method is used to extract the elements of competence,and a preliminary competency model is obtained through further sorting,coding,analyzing and testing.The second step is the test of the model.Through the distribution of questionnaires and data analysis,this study finally extracts 4 main factors,classifies 15 competency factors,and proposes a complete model.In the end,the conclusion of this study is that the competency model for seller analysts in the domestic securities industry includes 4 dimensions and 15 competency factors:Basic business dimensions-professional knowledge,information processing capabilities,market sensitivity,and independent analysis capabilities;self-efficacy dimensions-learning capabilities,stress resistance,hardships,and logical analysis;interpersonal communication dimensions-communication and coordination capabilities,teams awareness and spirit of cooperation,customer service orientation and expression ability;personal characteristics dimensions-execution,achievement orientation and professionalism.