The finance sector is truly vast and evolving at a rapid pace. One needs a refined set of skills to do well in this industry where there is a major focus on finer detailing and numbers. A strong presence of mind is an important pre-requisite to progress in finance and investment.
Though the required accredits do not simply end there as one has to be a complete package in order to stand out to prospective employers. Your learning and training should be visible in person and on your resume. All candidates looking for an MA in finance and investment must focus on inculcating the following skills that would help them make a headway in their career:
While some professions purely rely on experience and degrees are just a mere requirement than a necessity, finance is different. You must not just hold the right degree but also assure that it is from a good university.
Profound technical knowledge
Since your job profile is purely technical and you are required to deal with accounting systems, it’s a given that you must stay up-to-date with emerging changes.
Equipped with IT expertise
Information technology influences the field of finance in several different ways. Accountants and finance experts have to deal with complex transactions, agreements and more. In such a scenario, it is important to have hands-on knowledge of the same.
Experience of international transaction
In this globalised economy having an in-depth understanding of the foreign market can be highly beneficial. When you have dealt with international transactions, you will be seen as a more adept financier.
Excellent communication skills
Don’t be surprised at this inclusion as strong inter-personal skills have become a requirement in any field. It impacts the way you present yourself and can help you positively influence your clients.
Being in this field requires a lot of documentation, paperwork and maintaining regular files. To be on top of everything, you have to be extremely organized. This would help you in your daily work and also save you time while looking for the right information.
The finance industry is filled with commercial terminologies that are very crucial to the field. If you are planning to ace your interview and also do well in your career then get acquainted with terms such as actuarial firms, cash flow and more.
A job that requires you to deal with the financial assets of other people certainly requires a high degree of ethics and integrity. So you need to not just come across as an honest person but also practice the required moral code.
Aptitude in management
This is again a very important part of the financial field as you must be good at managing the task at hand but also get the team to work proficiently.
Full grasp on auditing
Auditing is an intricate part of this business and you need to have a complete comprehension of the same. This means knowledge of the practice and understanding of compliance factor.