Why you should be an ‘expert in the finance industry’
A finance degree is the last thing you need in your life.
But it is one of the most sought after skills in the world, and it’s also a great place to work, earn money and build your career.
But how do you know what’s the right degree for you?
So we rounded up some experts in the financial services industry to share some of their best tips.
Find out what makes your company different 1.
“I love the fact that the finance team is constantly learning and growing.
The students are always working to improve.
They can be passionate and passionate about their work.
They love to learn, and they want to be better.”
— Paul Merton, chief operating officer, Fidelity Investments, San Francisco, Calif.
Focus on your skills and experience What do you bring to the job?
Are you a good communicator, an effective team player, or a team player with great team-building skills?
Do you have a keen understanding of the investment banking and financial services industries?
Make your own portfolio 2.
Make a portfolio for yourself, so you can work from home and have access to financial products and services at your fingertips.
“You need to be able to work with the data, understand the industry, and have the data-driven approach to it.
You have to be comfortable making decisions.”
— Jason Hargreaves, director of business development, U.K. investment firm, UBS Asset Management, London.
Be independent, but not afraid to take risks 5.
“Investment banking is a high-risk, high-reward environment.
We’re all in it together, but there’s no guarantee you’ll succeed at it.
So you need to have the confidence that you can make a great investment at a great price and make a smart decision.”
— David Fishel, chief investment officer, UBC Group, Vancouver, British Columbia.
Learn from the best 7.
“For many people, a finance degree isn’t a career path.
They don’t know what they want in terms of career options.
I think that’s a big misconception.
I do think that it’s an important path to follow, but you have to know what you want.”
— Michael G. Fishell, founder and CEO, Fiduciary Trust, Dallas, Texas.
Get to know your colleagues 9.
Take on more responsibilities 10.
“In an age where we’re all so used to having people in charge, I think you need a bit of flexibility and independence in your career.”
— Robyn Tressell, chief financial officer, Pinnacle, Los Angeles, Calif., and partner, Trestell Associates, Los Angels, Calif.(Photo: Eric Lautens/AP) 11.
Take an active role in your company 12.
“Having a good portfolio is key to being successful in finance.”
— Dan C. Schuster, senior vice president and head of investment strategy, S&P Capital IQ, New York City, N.Y. 13.
Have fun doing it 13.
“There are so many things you can do to enhance your career beyond the degree.
It’s really about creating a sense of accomplishment.”
— Jeff Hirsch, CEO, The Pinnacle Group, San Antonio, Texas, and partner at Pinnacle Partners, New Orleans, La. 14.
Find your niche in the field 15.
“People want to work in finance because they want the rewards, they want control, and the freedom to make their own decisions.
But you need the ability to be in that position for an extended period of time.”
— Andrew P. Rachle, president and CEO of the Investment Industry Association, Chicago, Ill.
Learn about your competitors in your field 17.
Know your industry 20.
“As a finance professional, you can’t compete with other finance professionals because of their experience and their level of competence.
You can’t even get close to them in the job market.”
— Robert L. Johnson, chairman and CEO at The Scholastic Group, Inc., New York, N