Getting a job in Finance

There are a lot of people with finance backgrounds and it is a very competitive environment, however saying that there are a lot of jobs in finance out there and it can be a very rewarding job to do.

If you want to get a good background in finance, a good way to start is to take an accounting course. Accounting degrees and courses are available in universities and school across the UK and also online.

There are a lot of places online that you can get an accounting degree – this is great if you have a busy schedule and need to fit in your degree between work/other studies. The same applies to a correspondence degree.

You can also get an accounting degree as at your local university or community college. Community colleges often offer the same night and weekend options that would also be fulfilled by the online class. If you go to university you will get an accounting degree that is likely accredited and from someplace a little more recognizable to the public at large. You will also be able to attend college in a more traditional manner. In the end, it is just a matter of your personal preference and also money.

A degree in finance is a more focused degree than accounting. For a career in finance you need to have strong mathematical skills and a good business sense. Employers will look for people who have a good academic background and possibly have some good work experience in the finance industry. It is good to try and do some volunteer work/work experience/ internships etc.

While a bachelor’s degree might help to get a start in the industry of finance, typically most careers require a master’s degree. Some of the positions in big banks/companies require a master’s level education even if they are not management level positions. A degree in finance combines managing finances and understanding the markets along with critical thinking skills,learning how to use technology in the field and applying ethics in the standards of your work.

A degree in finance will not just help you to get a job in a bank. You can also look at jobs in investment companies, insurance companies and brokerage firms.

You can obtain your degree completely online, at university or a combination of both online and off-line study. The majority of universities offer financial degree programs

You can also check with a career centre to see if any investment banks are recruiting. A lot of banks will put everyone through an extensive training programme when they start and they do not need you to have a degree or any formal qualifications to get into one of these programmes. Some banks prefer that that you haven’t done a financial degree as they like to teach you from scratch, often taking in very young students. What you do need to be is very hard working, highly motivated and smart (being a little greedy doesn’t hurt either as this is all about money – the more you want it the harder you’ll work.)