To break into the Finance industry I would recommend taking a financial modeling course to become well versed in the area. If this is not available then I would become proficient in excel through studying on your own. Additionally, it is important to have strong communication skills and ability to put together presentation decks.
To me, the most important skills are critical thinking and communication. You have to be able to analyze the data and present your findings in a comprehensible way to leadership. The presentation of data can be just as important as the numbers themselves. Good luck!
Finally, with the digital advancement, a skill in the basics of Machine Learning, Big Data would be helpful.
Whether you want to be in the back office working internally or in the front office working with clients the most important tip I can give you to break into finance would be to Network.
Networking is critical in finance as your reputation can carry more weight than your degree after so many years post graduation. Networking can provide you with different avenues of finance you never knew about and teach you more about areas you are interested in. At the end of the day you want a job in an area you want to be in and networking, a college degree with a solid GPA (whether it is at a target school or not), and experience will land you where you want.
Best of luck!
There are several skills that will be important if you decide to pursue a career in Finance. Here are some basic skills then I would recommend to see what interest you and work with a Professional or Counselor to gain more insight. It would be advantageous if you could gain some experience by volunteering or apply for an internship or gain work experience.
Important skills include Accounting, Interpersonal and communication skills, Networking, Problem solving skills, Analytics, and the ability to understand and work numerically to draw conclusions.
All the Best!
I think you have a lot of really great suggestions here. A couple of other skills that might seem a bit surprising is basic computer programming and risk management. You don't need to be fluent in computer programming but having knowledge of the basics will make you a sought after candidate. Also risk management is a hot button topic right now and part of every industry. Understanding and being able to identify risk is a great skill to have and will set you above the other candidates for a position.
Best of Luck!
This is a great question. I think having a keen interest and understanding of how financial markets work would be a good starting point. This will help you identify which areas you will be interested in exploring further. From there, I think any financial career involves math and numbers, so being able to work with lots of data and information is important. I would also be good with technology and softwares, as there are a few core ones, but new technology comes out rapidly. You want to be able to grasp and quickly adjust to new software. Relationships may be a bit understated in terms of job description, but I believe having great relationships and soft skills will help you communicate effectively. I hope some of these tips help, good luck!
Background - 4 year degree in Accounting or Finance at a minimum, likely want to consider an MBA as well nowadays and potentially a certification depending on the type of role you're thinking of
Depending on your interests, there are varying avenues and competencies necessary to break into particular fields. More specifically, finance has many different tracks such as investment banking, commercial banking, corporate finance, venture capital, private equity, hedge funds, asset management, and wealth management among others. However, there are a few necessary skills you should pursue that are common to all of these.
First and foremost, communication and writing skills cannot be understated. The ability to connect with others and breakdown complex analysis into simple and concise reports for clients and managers alike is essential to your career development.
Furthermore, networking is critical to opening that first door and many to follow. Building relationships with others whether as a friend, colleague, or mentoree creates and catalyzes your opportunities. Finding common connections (whether it be a school, area you grew up in, or a mutual friend) is an excellent way to reach out and grow your network. Asking a few questions or for advise will demonstrate you are proactive about your personal growth and development. Consequently, these people will become your cheerleaders and help pave the way to achievement.
Moreover, while different fields have varying nuanced competencies required to "break-through", excel and accounting are pivotal. No matter what financial track you pursue, understanding accounting concepts are practically a prerequisite to succeed. You certainly don't need to major in it, but the more you know in this field, the more you will standout among your peers... no matter the financial track.
If you have any questions about the different financial fields or anything else, please feel free to follow-up or reach out.
If you are looking to break out into finance, it isn't just enough being good at finance. As in any industry you also need to be good at self promotion and marketing as well as reading and writing. All of these skills allow you to maximize your exposure in almost any job field, but in particular the customer facing job fields such as financial planners or portfolio managers.
Take into consideration online finance groups, or regional co-op professional groups, make friends and colleagues in the field. Post op-eds on blogs and other websites to build yourself a reputation. If you are more academic, commit to writing and publishing research articles in the field that can gain you repute.
It really depends on what sector that you would like to work on.
I suggest you could consider the approach below :
1. Explore the different sectors in finance industry to find out what you have interest on
2. Check on the hiring post on the requirement. This is good source of information what skills is required.
3. You can also speak to someone working in these segments (if you know any).
4. Find out the entry criteria of the college on the relevant subjects.
Hope this helps! Good Luck!
A few important skills to have in order to break into finance - show the ability to understand financial concepts, be able to learn new technologies, have a strong work ethic and be reliable, show the willingness to learn new things and be challenged. Demonstrate these traits and you will be successful. You'll learn a lot about your field while on the job, breaking in and marketing yourself as someone who can demonstrate those skillsets will set you up for success.
I think you may have any skills, math is very important y depends the area you may be interested, could be finance in the enterprise, for example in stock finance you may develop analitic skills and be very confident , as a soft skill, but I think despite this, if you love finance , you will be able to develop any skill at any point.