If you’re looking for a career in the financial sector, specific professional qualifications are required in order to progress in the industry. In a competitive employment market, firms will look for individuals with the most comprehensive CV. This means that taking the time to study for important financial exams becomes crucial to either start your career or progress it further.
You have a few options when it comes to studying for certain qualification. Many people choose to go down the traditional route, attending a university or college to complete a financial course, like a BS in finance – either part time or full time. However, in recent years the notion of online learning has started to become more popular with students.
This is where you are presented with the learning tools to achieve a qualification online, albeit separated from an actual classroom and tutor. These courses are beneficial to an increasing amount of people; they can be completed in your own free time and from any location, providing you have internet access.
How long your study period will take depends on your current level of education and experience. For example, if you already hold a university degree in a financial subject, this can count towards the completion of a future Diploma. There are also many types of courses you can take within the finance sector, which suit some individuals more than others.
Depending on which qualification you achieve, a career in finance can take you in a variety of directions. Here is a selection of just 5 which may be followed up on.
In the majority of positions in a bank, such as a cashier or advisor, you won’t need to take complex financial examinations. However, if you wish to pursue a career in corporate or investment banking then more advanced knowledge will be needed on such areas as stocks and high-end business management.
Companies that require financial guidance will look towards a specialized analyst who will instruct them on how to invest and manage their funds. There are a spectrum of people who could use the term financial advisor, such as lawyers, accountants and insurance agents.
A financial planner is someone who assists individuals with how to make the most out of their income and savings. For a number of reasons, be it investment ventures, risk management or retirement planning, they will assess the specific needs of the client and decide the best course of action.
An accountant is a professional who gathers and evaluates information regarding a company’s financial records. This information can then be used to allocate resources in regards to such measures as tax payments and payroll funds. They are required to provide a moral and qualified opinion on how company strategy should operate.
One sector that a financial qualification can lead you towards is stockbroking. This is a position which gives you responsibility of client’s stocks, buying and selling them on their behalf in return for a fee or commission.