Your decision to have a finance career can be a start of something big for you. According to latest employment and business trends, the growth of the world economy plus the increasing number of people retiring in the next decade will create a demand for finance professionals.
If you’re already in the industry, then it is possibly the best time to take post graduate courses to increase your chance of landing better opportunities when the finance career employment peak kicks in. And if you’re just entering college, a career in finance may be something that you should really consider. estrategias forex
Before even thinking of a career in finance, the field does require a certain level of skills and knowledge which you can learn. Finance professionals are expected to organize, analyze and interpret numerical and financial data. They are expected to arrive at sound decisions based on the data that they have. They should be meticulous and show attention to details.
It is also expected from them that their oral and written communications skills are beyond average since they will be expected to present data and information to others. Having knowledge of financial and economic history, practices, laws, trends, as well as having economics and accounting background is often an advantage.
In a career in finance, you can either go to private, public or non-profit organizations since all those three needs some levels of financial management and control. Finance professionals often find themselves employed in commercial banking, financial planning, money managing, corporate finance, investment banking, insurance and, of course, in real estate. These are the fields that finance professionals are often in demand.
Commercial banking means having an opportunity to work in the areas of financial management, accountancy and auditing, securities, commodities and financial services sales. There’s also an opportunity to work in the area of financial and credit analysis since commercial banks are there to provide banking services to individuals as well as small and large businesses and organizations. financial credit
When you work in commercial banks, you may want to take the opportunity to learn more about businesses. Interacting with bank clients should be taken as an opportunity to build a people network. And because commercial banking is more diverse now that before, you can start as a bank teller and move up in areas like leasing, credit card banking, international finance and trade credits. Once you’re inside the commercial banking system, it would be nice to keep your eyes open for better opportunities within the industry.
If you’re not fond of commercial banks, you might want to look at corporate finance. In this area, part of your responsibilities as a finance professional is to find money for the company, plant for the future, make acquisitions whenever necessary and whenever there’s an opportunity, and help manage the company’s present finance. Fast problem-solving skills will be hand in this area of finance.
The good thing working in corporate finance is that it pays well, you get to travel and meet with lots of people, make business decisions that matters, and can hone your decision making skills.
Other areas where you can grow as finance professional include financial planning which involves helping individuals organize, manage, and plan their financial futures. You are expected to guide clients on their retirement needs, planning for their children’s education, etc. Your knowledge on investments, taxes, and listening skills should be exemplary.
You can also carve your career as a finance professional in the field of insurance. Helping individuals and businesses prepare for emergencies or disasters that would otherwise result to big losses would be the main course of your job.
Investment banking is yet another area where you can be good at. This time, you will be helping companies and even governments issue, purchase or trade securities, manage financial assets, and provide sound financial advice.
You can also be a successful money manager. As money managers you will be holding tocks and bonds for institutional clients. You’re expected to be informed and know how to analyze market trends using either quantitative techniques or simple intuition.
And finally a career on real estate is always something that you might have seen coming as a career in finance professional. You can get employment opportunities in areas like brokerage and leasing, in title insurance, in mortgage banking and even in construction and property management.
Real estate appraisals are also an important aspect of real estate work that you can take full advantage of.