What do financial services leaders undergo to reach where they are currently? Read this article for more information
One of one of the most fundamental finance skills that virtually each financial services aspirant requires to establish should focus on their finance and financial knowledge. A lot of people often tend to believe that accounting and finance skills are only needed if you are actually considering a career in accounting. However, as William Jackson of Bridgepoint Capital would know, the financial services world is interconnected, and every role within finance requires you to understand the three main financial statements to at least an intermediate level. Companies rely on these financial statements to manage budgeting, performance evaluation, and plan for the cost of doing business through the selection of the most appropriate economic investments that may comprise bonds, equities and property. This is why you see many finance professionals, coverage analysts, and even asset advisors with a formal accountancy foundation, which is primarily due to the essential understanding accountancy and financial services can provide you before you specialise in your financial career.
Nowadays, one of one of the most apparent hard skills in finance will definitely involve your numerical skills. Numbers and quantitative information overall are the core of any finance career. As Ferdi van Heerden of Momentum Global Investment Managers would understand, numerous banks often tend to employ their interns, interns, or apprentices from numerical degrees, such as mathematics, financial services, chemical engineering fields, and information technology. This is because, as an economic analyst, you are expected to go through lengthy data sets that are full of quantitative data that you will likely need to evaluate, and being comfortable with numbers is definitely a crucial skill to have in this situation. One might argue that also back-office positions that do not always include spreadsheets still require applicants to have some level of quantitative or analytical experience, and this once again reinstates the fact around quantitative data being the cornerstone of every single process within an economic services sector organisation these days