One of the most desired finance skills amongst top companies
One of the most desired finance skills amongst top companies
Blog Article
Discover the range of skills that you need to build before considering a career in the industry
Among one of the most fundamental finance skills that virtually each financial services enthusiast needs to develop would revolve around their finance and economic knowledge. A lot of people tend to think that accounting and finance skills are only required if you are seriously considering a career in accounting. However, as William Jackson of Bridgepoint Capital would likely understand, the economic industry world is interconnected, and each position within financial services needs you to understand the three main economic reports to a minimum of an intermediate degree. Firms rely on these economic reports to handle budgeting, performance assessment, and determine the expense of doing business through the selection of one of the most suitable financial investments that may comprise bonds, equities and real estate. This is why you see numerous finance professionals, coverage underwriters, or even asset advisors coming from a chartered accountancy foundation, and that is primarily due to the foundational understanding accountancy and financial services can give you prior to you focus in your financial career.
Nowadays, among the most obvious hard skills in finance will certainly involve your quantitative skills. Numbers and quantitative information overall are the backbone of every financial services career. As Ferdi van Heerden of Momentum Global Investment Managers would understand, many financial institutions often tend to hire their graduates, trainees, or apprentices from quantitative fields, such as mathematics, financial services, chemical engineering, and information technology. This is because, as a financial analyst, you are required to go through detailed spreadsheets that are full of numerical data that you will require to evaluate, and having comfort with numbers is absolutely an essential skill to have in this case. One can argue that also back-office roles that do not always involve data sets still require candidates to have some sort of quantitative or analytical experience, and this again reinstates the fact around numerical information being the cornerstone of each operation within an economic services organisation these days