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Home Explore Future Careers in Finance

Future Careers in Finance

Published by dixie, 2015-02-01 07:01:42

Description: Those who are good with numbers may have future careers in finance. This is because most businesses need talented individuals who can manage and at the same time administer money that was entrusted to them in order to post a profit. But can anyone do it? The answer really depends on the person. In order to get a head start, you need to get quality education. After secondary school, you need to go to college and graduate with a bachelor degree in accounting, economics, finance, math or statistics to learn the fundamentals used in the corporate world.

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Future Careers in FinanceThose who are good with numbers may have futurecareers in finance. This is because mostbusinesses need talented individuals who canmanage and at the same time administer money thatwas entrusted to them in order to post a profit.But can anyone do it? The answer really dependson the person. In order to get a head start, youneed to get quality education. After secondaryschool, you need to go to college and graduate

with a bachelor 抯 degree in accounting,economics, finance, math or statistics to learnthe fundamentals used in the corporate world.When you graduate from college, you can apply forwork in a bank, in a credit agency, insurance,sales or securities.For those who choose to work in a bank, they willoften have to start out as a trainee then bepromoted to either approving loans or sellingfinancial services to clients. Some examples ofthese include bank transfers to financialmanagement.Credit agencies just like banks offer similarservices to clients. The only difference is thattheir policies with regards to lending are moreflexible thus making them friendlier to potentialclients.With healthcare being so expensive, people need

insurance coverage and after getting your license,you can go out there and sell these to potentialclients.How can sales jumpstart your career in the worldof finance? Simply because people buy things andif these cost a lot of money, someone with yourskills can help them plan how they can pay for it.Examples of these include a new home or even a car.Securities is another field you can get intobecause the purchase and sale of bonds and stocksincreases the value of the client more thankeeping money deposited in the bank.But in order for people to excel in this field,they have to overcome another hurdle and that isto complete graduate school. Why? Because themarket is very competitive and there are alwaysnew trends and methodologies being discoveredthat makes you a better professional.

A lot of experts say that a future career infinance also requires a few personal skills. Themost important is 損 eople skills?because youwill be working with colleagues and dealing withdifferent clients.You will have to be resilient because when youpitch a sale and things don 抰 work out how youplanned, you have pick yourself up again and beoptimistic about the next client that comes yourway.It will also be challenging especially when youwill need to work beyond regular hours on occasionto meet the deadline or have a night out with aclient. This means you have to be committed if youplan to stick to this career in the long term.The financial services sector has been growingeven before the attacks of 9/11 and will continueto do so in the foreseeable future. Again thispath is not meant for everyone but if you are good

with numbers and are a people person, you may justhave what it takes to excel in this profession.If you are still unsure, look at your grades inmath and talk with your guidance counselor. Thisperson will be able to point you in the rightdirection then it is up to you whether or not youbelieve that you have a future career in finance.


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