Is there a good way for a teenager to learn about financing?
I am a high school student trying to get good advice for my future career. I am mostly debating between computer science and financing. It seems that computer science is something that is easier for me to get into at a young age. I want to know about some ways I can prepare for that career field. #career #college #finance
The first step you can take is by researching and learning more about either fields. Computer science may be a technical field but there are many jobs that can potentially need computer science knowledge, not just in the traditional computer/technology firms. Some examples:
Developing and analyzing technology programmes/applications
Cyber security analyst
Data analysts and Database administrators
Forensic computer analyst
Game designers and developers
Information systems manager
Web designer & Developer
IT sales professionals or trainers
Many things in our lives now are using important technology and tools that require computer science knowledge - e.g. your school online learning system, your bank account, etc. you can do a bit more research in any of these to understand the technology behind these tools - this may give you new ideas to learn more about this and possibly even get your hands wet. You may also want to explore if there are coding or web design classes in your community, and speak to the teachers/seniors there to know what they do and what kind of career paths they took. You may want to explore an opportunity to intern or do an apparentice ship with offices/businesses in your community that have people holding the jobs above, it could be a good way to learn.
In Finance, there are more traditional pathways like working for banks, financial institutions, etc. This is also called the "financial industry" and there are many pathways beyond studying a degree in Finance that can take you there. However, studying Finance can give you a foundation in understanding this industry.
You could also learn more about roles like finance managers, financial analysts, etc which are present in all other organisations even if they are not financial companies. This is because all organisations/businesses need to manage their finances to survive, so it can be a transferable skill this way.
Last but not least, there are some interesting finance-related fields that may also be exciting to explore, although there may be different opportunities in different markets. There are fintech developments, cryptocurrency, digital wallets/banks, sustainable finance, microfinance, etc. You can already read a lot about these developments in the news, and you may wish to speak to your teachers or local counsellors to find out if there are fintech or digital startup professionals in your communities who may be open to share their "day in the life".
Below are a few steps to get you started in learning about the opportunities in each field.
Patsian recommends the following next steps:
- You can make a LinkedIn account and contact people who work at finance companies that interest you. You can ask them about how they got into the career, their daily life and so on.
- You can watch YouTube videos from people who work in finance. YouTube videos are free and very informative. You can find videos about a day in the life of a Financial Analyst, the application process for jobs, etc.
- You can read online articles about the career field.
Essentially, technology and social media has made it very easy to access information about potential career fields. Leverage those tools to help you decide which career path you want to go down. Good luck!
As a computer scientist, I will recommend you to learn some basic financing knowledge no matter what kind of future career you will be in.
We are taught that please choose your career based on your passion and interest, not money. It is for sure true, but the assumption is that you have enough money to guarantee your personal life.
But, how? Getting it from parents? Well, for most of people like us, no way.
Thus, how can you plan your financing is the key.
When lots of us mentioned the financing, we all think it is a very professional skill, just like you mentioned, you think computer science is easier to understand compared with financing.
But however, it is not true.
Financing is all about money, and money is the thing we used every day. But for the computer science, you may not know the programming language your game is built on. Then what do you give yourself the blocker that financing is not the thing you can learn at a young age?
I start to learn financing when I got my first job and now I have achieved my first milestone of $1M, way more than my age. And after that, I can say very proudly that I do my job because "I love it" not "I need it".
I will recommend some books you can learn the basic financing knowledge as a beginner. It may directly help you to make the decision on your career, but it will still help you to achieve the life you want.
Linyun recommends the following next steps: