The world of finance is indeed quite broad in scope. Those seeking a position in this sector can expect to be presented with numerous challenges and at the same time, lucrative rewards. Careers can include a credit manager, an financial accountant or a funds administrator. So, it is first and foremost quite important to recognise that due to the variety of positions that are available, the financial industry is one of the most diverse throughout the entire marketplace. However, it is just as critical to recall that these jobs can be very demanding and that one must possess the drive to succeed in a competitive environment.
Financial Job Education Requirements
It is highly likely that an applicant will require a four-year degree in a finance-related course from a university. While many other sectors may consider general business management enough, this may not always be the case. For instance, a pension scheme manager frequently requires recognition from the Pension Management Institute (PMI) while a Forex trader (within a company) will do well to boast a degree in business finance or accounting. Besides these initial requirements, other traits that are essential to possess include:
An analytical prowess
A knowledge of IT systems
A highly organised approach
Also, the world of finance is one of the most demanding markets. Thus, the applicant must be able to deal with a rapidly changing environment.
Financial Job Market
Modern figures point to a burgeoning financial market within the United Kingdom. This is due in no small part to an increasing amount of international trade and a greater liquidity than in the past. This is particularly the case for offshore fund managers, Forex traders and pension planners.
Financial Job Salaries
Leading studies illustrate that the average salary for a financial professional is £42,285 pounds annually. This is more than two thousand pounds higher than in 2013 and there is also a greater number of positions currently available.