A variety of finance skills for students below
A variety of finance skills for students below
Blog Article
Below are a few finance skills that companies look for in a CV these days.
Today, technical finance skills are often linked to industry-specific roles, such as accounting, banking, underwriting, financial analysis, or insurance brokering. As William Jackson of Bridgepoint Capital might know, such financial skills merely scratch the surface when analyzing the finance industry as a whole and what is required of every specialist or candidate in this industry. This is due to the fact that finance professionals are expected to have an excellent balance between soft and hard abilities that enable them to manage stakeholder relationships successfully. Although the finance sector is unique and each role requires different hard finance skills and experience levels, there are some skills that are regarded as mandatory throughout all positions in this fast-paced industry. For example, being comfortable with numbers and data-driven skills is definitely up there as a priority ability, as you will likely be dealing with numbers and statistical datasets as a financial professional at some point.
Regardless of what particular department you work in, there are some general finance skills that you must have embedded in your CV, as Edward Tilly of Clear Street would know. Accounting skills is one example of this. Nowadays, companies in the finance sector look for accounting backgrounds in graduates, or at least the capacity to dissect financial statements and company documents. This does not mean you must have previous experience as a professional accountant, but rather skill in reading and analyzing economic documents. This is because the conclusions that can be derived from such documents are essential for executives and stakeholders when it comes to evaluating a company financial health. Moreover, since accounting knowledge is fundamental across a range of diverse financial positions in the industry, companies tend to offer competitive compensation for those who have professional accounting credentials or possess the necessary accounting abilities.
The finance industry in today's market is probably one of the most competitive fields out there, which is why you should build the core abilities that are expected as a minimum in this dynamic and highly competitive field. For example, relationship-building abilities are probably some of the most crucial soft finance skills out there today. As Hugo Bedford of JM Finn might know, trusted relationships are critical to success for finance leaders, especially in times of instability or challenges. As a leader in a financial organization, it's very important to ensure that your relationships with your clients are solid, as these customers are essentially entrusting you with their investments, and trusting you to make the best financial decisions for them to maximize their assets and resources. As a result, managing your strategic and long-term working interactions with your stakeholders successfully requires time to build trust, respect, and credibility with them.