There are some ideas you can follow to increase your chances of being hired for a finance position.
If you're wanting to get into finance as a fresh graduate, there are some basic financial skills that you need to develop to be able to do the job efficiently. If you decide to go for a position that needs sophisticated numeracy competence, there are some core technical skills that you must have. For example, having a deep understanding of accountancy and being qualified at using advanced accounting tools and software application is non-negotiable. This is vital for common tasks like budgeting and financial analysis. Financial reporting is likewise 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 skill that finance professionals generally 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 confirm this.
Whether you're a project supervisor or the CFO of a hedge fund, there are soft financial skills that you ought to work on if you wish to succeed in your job. Technical and industry-specific skills are important however these can be made worthless if they're not supplemented with reliable soft skills. In this context, among the most important abilities to develop is problem resolving. This applies to conflict resolution within the organisation and likewise the ability to come up with innovative resolutions externally to facilitate deal-making. Having the capability to break out of bottlenecks and putting forward resolutions that please all parties is important to maintaining strong working relationships and generating brand-new business. Being a collaborative individual, particularly if you remain in a leadership position, will improve your team's capacity for development. Encouraging originalities will create the space for your reports to innovate, and companies like Axa are most likely to concur.
Entering a new market is always difficult but the task can be made harder when you target highly competitive markets. Corporate finance, for example, is a field that only brings in the best and brightest, indicating that you need to demonstrate that you have more value to the firms you make an application for to be considered. In order for you to stick out from the masses, there are some finance skills employers look for and developing these will considerably increase your chances of securing your dream role. Flexibility is one of the most in-demand abilities in finance, especially for people who target entry-level opportunities. This is because it shows to companies that you can add value to different areas of the business, which will make you a more attractive prospect. Companies like Man Group would also agree that having great people skills is necessary as it demonstrates that you can easily fit into any team.