There are some ideas you can follow to increase your possibilities of being employed for a finance role.
If you're aiming to break into finance as a recent graduate, there are some basic financial skills that you have to establish to be able to do the job successfully. If you decide to go for a position that needs advanced numeracy expertise, there are some core technical skills that you must have. For example, having a deep understanding of accountancy and being proficient at using advanced accounting tools and software application is non-negotiable. This is important for common jobs like budgeting and financial analysis. Financial reporting is also among the more valuable financial skills to learn as you will be needed to assemble detailed and specialised reports like financial statements and projections. Data management and modelling is also a crucial ability that finance experts usually require no matter what niche they specialise in. This is merely since the industry is data-centric, and companies like St James Place are most likely to validate this.
Whether you're a project manager or the CFO of a hedge fund, there are soft financial skills that you need to concentrate on if you want to achieve success in your role. Technical and industry-specific skills are necessary but these can be made useless if they're not supplemented with efficient soft abilities. In this context, one of the most crucial skills to establish is problem solving. This applies to clash resolution within the organisation and also the capability to come up with creative resolutions externally to help with deal-making. Having the capability to break out of bottlenecks and putting forward resolutions that please all parties is essential to keeping solid working relationships and creating new business. Being a collaborative individual, particularly if you're in a management position, will enhance your team's capability for innovation. Motivating originalities will create the space for your reports to innovate, and firms like Axa are likely to concur.
Getting into a brand-new market is always difficult however the task can be made even harder when you target highly competitive industries. Corporate finance, for instance, is a field that just attracts the best and brightest, suggesting that you have to demonstrate that you have more value to the companies you apply for to be considered. In order for you to stand apart from the masses, there are some finance skills employers look for and establishing these will greatly increase your chances of finding your dream job. Versatility is among the most desired skills in finance, particularly for individuals who target entry-level positions. This is because it reveals to companies that you can add value to different areas of the company, which will make you a more attractive prospect. Firms like Man Group would also agree that having great people skills is necessary as it demonstrates that you can easily fit into any team.