What makes a skilled investment manager today? Review the post below to discover more
One of the most fundamental finance skills that almost every single finance aspirant requires to establish should focus on their accounting and financial knowledge. Many people tend to believe that accounting and finance skills are just required if you are seriously thinking about an occupation in accountancy. Nonetheless, as William Jackson of Bridgepoint Capital would know, the financial services world is interconnected, and every single position within financial services needs you to recognize the three main financial statements to a minimum of an intermediate degree. Businesses depend on these financial statements to manage budgeting, performance assessment, and determine the expense of operations through the selection of one of the most suitable financial investments that may include bonds, stocks and property. This is why you see many finance professionals, insurance underwriters, and even asset managers coming from a formal accountancy background, which is primarily because of the foundational understanding accountancy and financial services can provide you before you focus in your economic career.
Nowadays, among one of the most obvious hard skills in finance would definitely include your quantitative skills. Numbers and data-driven information in general are the backbone of every financial services occupation. As Ferdi van Heerden of Momentum Global Investment Managers would understand, numerous financial institutions tend to employ their interns, interns, or pupils from numerical degrees, such as maths, financial services, chemical engineering, and information technology. This is because, as an economic analyst, you are required to go through lengthy data sets that are filled with quantitative data that you will require to evaluate, and being comfortable with numbers is absolutely an essential skill to have in this situation. One could suggest that even back-office roles that do not always involve data sets still require candidates to have some sort of quantitative or analytical experience, and this again reinstates the fact around numerical information being the cornerstone of each operation within an economic services organisation these days