Finance careers are highly sought-after thanks to their high growth and high pay potential. The most appealing aspect of earning your finance degree is its usefulness and flexibility in today’s competitive job market. With careers from insurance underwriters, to budget analysts, real estate agents to entrepreneurs, the skills you’ll obtain from an online business school are valuable and in-demand across different industries. This article will offer you insights as to how you can get to the next level in your career after landing an entry-level position. If you’re thinking of pursuing a career in finance, this guide will help you navigate potential career paths.
How to Use Your Finance Degree
Note that the skills you’ll attain in a finance degree are transferable across different careers and fields. Although some areas of your coursework may focus particularly on the crucial financial knowledge necessary for a career in the specific area, universities and colleges understand that a well-rounded curriculum can help students thrive in any field post-graduation. So, how can you use the skills you’ve acquired in a finance program?
Networking
In the business world, one important component that business owners should strive to hone is networking. What’s more, today’s finance professionals need to make the most of social mediaand even other networking tools for them to stay up-to-date and connect with different professionals in their fields. Most programs teach students networking and other related skills through course options like management, marketing, and leadership. Also, some important training in networking can be done as you closely work with your colleagues or when you attend conferences and social functions.
Project Management
Most finance degree programs recommend courses that are planned to teach students project planning, leadership skills, and time management through several hands-on assignments and case studies. In some instances, degree seekers work in helping actual companies with their daily operations. They even work directly with the companies’ team managers in developing project management skills that will be applied in real-world situations.
Verbal and Written Communication
If you work in the field of finance, you must be able to clearly and accurately communicate information with your employees, employers, or clients. Finance students gain essential verbal and written communication skills, alongside presentation and public speaking skills. This helps them convey their messages with clarity and self-confidence to their teams.
Problem-Solving skills
Finance majors help you grow problem-solving skills to face stressful situations. This can include handling client’s sensitive financial information to complex client relationships. Realize that each business interaction comes with a new challenge. Fortunately, you’ll come up with ways of completing tasks to the best of your abilities and even negotiate tough situations even when under pressure.
Start Your Career inFinance
A successful career in finance starts once you secure an entry-level position. Even then, how can you use your finance degree? From what we’ve seen above, there are many ways you can apply your degree in finance. Now that you’re familiar with some in-demand finance skills, you now have a better picture of whether this aligns with your career goals or not. If some of the finance degree jobs intrigue you, the next step would be getting the necessary education.