For an instructor lead, in-depth look at learning SQL click below.
If you’re a financial analyst aiming to level up your data crunching skills, SQL can be an invaluable tool. SQL, or Structured Query Language, is a standard language for managing data in relational databases. With SQL, you can query, update, and reorganize data, as well as create and modify the schema (structure) of a database system, and control access to its data. Especially in finance, where large volumes of data are involved, SQL can drastically enhance your analytical prowess.
What is SQL?
SQL is the most commonly used language for extracting and organizing data stored in relational database management systems (RDBMS). It stands for Structured Query Language and it’s used to communicate with and manipulate databases
Examples of SQL Code:
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-- Example 1: Select all records from Table SELECT * FROM tableName -- Example 2: Select specific fields from a Table SELECT column1, column2 FROM tableName -- Example 3: Select records with a condition SELECT * FROM tableName WHERE condition |
Top Courses for SQL for Financial Analysts
1. SQL for Data Science (Coursera)
This course from Coursera introduces you to SQL as well as database management. The course also contains a wealth of examples and assignments that guide you on how to use SQL within a financial context.
2. The Complete SQL Bootcamp (Udemy)
Udemy’s Complete SQL Bootcamp will take you from beginner to expert. You will learn string manipulation, use statistical functions to analyze large datasets, understand common SQL interview questions, and more.
3. Introduction to Structured Query Language (SQL) (DataCamp)
This course from DataCamp is a highly interactive and engaging introduction to SQL, which also deals with financial-based scenarios throughout the course to help you familiarize yourself with SQL in a financial context.
Final Thoughts
SQL is a powerful skill in the toolbox of a financial analyst. By learning SQL, you open up a world of data and analytics capabilities that can be applied to financial operations. With a high demand for data-driven roles in the finance world, now is a great time to add SQL to your skill set.