Are you looking for a career in finance? Find out about the exciting roles that you can obtain with an MSc in finance. You cannot build a strong finance career without facing its challenges. As the world is digitally transforming, it is important for you to continually develop and adapt essential skills.
You will have several opportunities as a financial analyst, and some of the most important job roles are those of a financial advisor, account manager, investment banker, etc.
If you want to pursue a Degree in MSc Finance, you should have a background in economics, business, or mathematics, and you should have problem-solving and analytical skills.
Finance career tips: top 5 skills
Financial analysts are in high demand, and as qualified professionals, you can work in banks, organisations, investment services, and accounting firms that hire them for business expansion. You should have a passion for finance, a thirst for knowledge, and key financial strategic leadership skills in business and finance that will aid the organisation’s growth.
Here are some of the five skills that will help you develop a successful financial career:
- Networking skills
You will meet clients, stakeholders, and senior leaders in your finance career, and you will have to interact with your colleagues. In order to build a strong relationship, you must have proper communication skills, which play an important role in having a good relationship.
As a financial analyst, you should have awareness of what’s going on in business and its operations, and you should have the abilities and charisma to engage with shareholders to know what’s happening in the business inside and outside of the organisation in terms of investor relations.
- Interpersonal and communication skills
The ability to communicate and converse fluently is essential to a finance-related role in a company’s development.
To be a good listener, you have to develop interpersonal skills that help build relationships with teammates and clients and make you a better communicator. You must also adapt emotional intelligence to deal with disagreements, persevere through difficulties, and overcome setbacks with its help.
It will also help you develop decision-making, negotiation, and persuasion skills, and it is safe to argue with strong interpersonal skills while developing your financial career.
3. Analytical skills
Analytical skills are some important skills that help mark your presence in the industry and help you gain more knowledge, so you will have an upper hand over your colleagues and the organisation. You must be completely familiar with financial data, understand the various patterns, insights, and trends, and be able to critically evaluate the information.
4. Technological proficiency
Understanding the economy, the finance sector, and the stock market is difficult, so you should be skilled in certain analytical techniques, such as understanding software implementation and being aware of the different communication tools. To be successful as a finance executive, you should have the technological foundation that will support your career.
Some of the skills you should have include financial modelling skills, which will help you understand and create estimations, calculations, and evaluations. You should be able to solve problems and think creatively in order to provide an empathic approach that enables external or internal customers of finance functions to quickly adapt to changing circumstances.
To understand the balance sheets, income sheets, and other financial documents of the organization, you should understand the fundamentals of Microsoft PowerPoint and Excel.
5. Decision-making skills
To build a strong finance career, you should have problem-solving and decision-making skills. Master’s finance will prepare you for the volatile environment with courses like behavioural finance, which will help you understand the psychology of decision-making in difficult situations.
If you want to advance your global finance career or begin a career in the financial industry, enrol now in a Master’s programme that will boost your skills and lead to success.