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how to became a good financier?

I like be a financier


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Arjun’s Answer

In order to become a financier, a person must either have or have control over a very large sum of money, which he manages and invests in some fashion. A financier may invest and manage their own money or the funds provided by a network of investors. He or she will often have an educational background in banking, business, or finance, but this is not a requirement, and many of the world’s most famous financiers lack formal training. Experience in the financial sector is also helpful, though not necessary, for someone seeking to become a financier. Family background, connections, and inherited wealth are also useful but not absolutely essential for aspiring financiers.


Certain sorts of education can prove helpful to an individual who wants to become a financier. A degree from a prestigious school with a reputation for training people in business or finance can provide useful technical training in the functioning of markets.


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Mauricio’s Answer

To be a good financer, is more related to attitude, the companies of today looks for a business partner (BP) that understand their business and what they do, knowing what we sell or what we do is more easy to give a financial advice to our BP. So is not matter of know the financials that is very important is matter of understanding the business, saying this my recommendation is to have the knowledge of finance but also understand your customer, do not say no at the beginning, go a look for alternatives to see how we can say yes, at that´s what makes the difference.


In Dell we are worried on serve our customers and is very difficult sometime approve something because maybe is not a good business for the company, but if you see the importance of the customer and what does that customer can generate in the future to the company, maybe is when you can say yes, and give a good advise, sometimes a NO is the best for the company, but NO generates frustration and not understanding if the business, if you encourage your BP to understand why not with facts and explain the exposure of the company, you will have a lot of success being a good Financer.


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Ravi’s Answer

Financier is a general term for a professional in the field of finance who deals with large financial transactions and operates in a top level within the industry. Financiers may work for businesses, governments, banks or independently. In each case, financiers share some of the same basic career achievements and skills training to prepare them for high-pressure jobs where a great deal of money is on the line.


Understanding Economics
Developing a basic knowledge of economics is the first step to becoming a financier. It is also a step that becomes an ongoing responsibility for financiers, who need working, up-to-date knowledge not only of their own field but other areas of finance as well. This may start before a financier begins a formal education. Managing personal assets, working at a family firm at a young age and writing about finance are all among the ways an aspiring financial professional can learn about the field and develop a lifelong interest.


Formal Education
Financiers need formal education before they can begin their careers. Besides supplying specialized knowledge and a firm grasp of standard financial terminology and techniques, this education also gives financiers the certifications and degrees they need to advance in their chosen areas of the field. For example, a financier with legal expertise will need a law degree while one who works as a financial manager may need an MBA. Specialized education requirements also exist for students who wish to become financiers in government posts.


Work Experience
Before a financial professional can advance to the status of financier, she needs extensive work experience. A financier's career can involve any number of job titles and positions, generally with a strong trend toward advancement and heightened responsibility. Financial professionals also perform research and publish their work, which is often an initial step in gaining a reputation for expertise in one or more specific areas of finance.


Career Growth and Achievement
With experience, aspiring financiers can also earn professional accreditation. These credentials, which come from many industry associations, rely on combinations of work experience and rigorous exams to recognize financial professionals whose skills place them among the leaders in their field. Earning credentials, honorary degrees and awards are all steps that move a financial professional through the ranks and into a highly visible position. Gaining a reputation for success and trustworthiness is also a key step for financiers, who need others to trust them with their money.


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Raghav’s Answer

In order to become a financier, a person must either have or have control over a very large sum of money, which he manages and invests in some fashion. A financier may invest and manage their own money or the funds provided by a network of investors. He or she will often have an educational background in banking, business, or finance, but this is not a requirement, and many of the world’s most famous financiers lack formal training. Experience in the financial sector is also helpful, though not necessary, for someone seeking to become a financier. Family background, connections, and inherited wealth are also useful but not absolutely essential for aspiring financiers.


The term financier simply refers to someone who is active at the upper levels of the world of finance. The relatively vague nature of the term means that a financier can be a hedge fund manager, an investment banker, or simply a very wealthy private investor. The only unifying characteristic among all financiers is the fact that they handle very large investments. Gaining access to such large amounts of money is crucial to becoming a financier.


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Shankar’s Answer

It can be pretty tough to get started as an independent financier in the traditional sense, at least in the U.S.


There is a massive barrier to entry in traditional banking. In the banking industry, the more cash you have, the better your prices can be. Small local banks often try to compensate for this by providing better quality service, but sometimes even that is not enough. Also, customers are usually slow and reluctant to switch banks. First and foremost, they have to trust your business, and they often need a compelling reason to switch to your bank, such as a better interest rate for a home mortgage. That tough to pull off during the first several years of business.


The most feasible option probably would be to open up a small cash loan franchise. Personally, I wouldn't do that, as they typically charge massive interest rates and are generally seen as vultures preying on the poor.


Your best bet is probably to start working for an established bank, and move up the ladder. If you want to be more than just a cog in a gigantic financial machine, try working at a local bank, where managers have more leverage and control over decision-making.


If you want to personally lend money out of your own pocket, forget about it. Don't do it. You will be taking on substantial risk, not only from borrowers refusing to pay, but also potential legal risks you may not even be aware of. Be safe, Stay focused.


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Shankar’s Answer

In my Opinion taking course in finance helps.
You can go for Mathematical finance. Universities do offer a variety of related courses. Choose one first and see how you like it.
Financial managers help public and private organizations develop and manage financial goals. Financial management is a broad term that encompasses many duties and job titles, including those of treasurers, risk managers and credit managers.


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Vibin’s Answer

Financiers need formal education before they can begin their careers. Besides supplying specialized knowledge and a firm grasp of standard financial terminology and techniques, this education also gives financiers the certifications and degrees they need to advance in their chosen areas of the field. For example, a financier with legal expertise will need a law degree while one who works as a financial manager may need an MBA. Specialized education requirements also exist for students who wish to become financiers in government posts.


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Sonali’s Answer

Take courses in finance. You can go for Mathematical finance. Universities do offer a variety of related courses. Choose one first and see how you like it.


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Arun’s Answer

Most corporate finance jobs involve solving problems using a combination of intuition and analytics.
If you are good at problem-solving, this may well be the job area for you. you need to be comfortable with ambiguity
and a rapidly shifting environment where tasks change from day to day, maybe hour to hour. Be patient, learn from
mentors and invest in yourself along the way. If you complain early on you may never get the break you want
that comes from doing a minor task particularly well.


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Adil’s Answer

The most feasible option probably would be to open up a small cash loan franchise. Personally, I wouldn't do that, as they typically charge massive interest rates and are generally seen as vultures preying on the poor.


Your best bet is probably to start working for an established bank, and move up the ladder. If you want to be more than just a cog in a gigantic financial machine, try working at a local bank, where managers have more leverage and control over decision-making.


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