A career in Finance or Banking?
These are tough times, and you’ve got some tough choices to make: the career you’d really like and/or the one that’s got the best prospects for you … and what you need to study to make the best start in that career. We at notgoingtouni.co.uk are here to let you know what options you’ve got in addition to the traditional route from school to university to the job market.
Let’s have a look at the banking and financial sector. Believe it or not London is still the world’s top financial city (alongside New York) and there is still a great deal of activity and hiring going on! Yes the industry has been hit by the economic downturn however there still seems to be some optimism towards future growth.
Even though there are thousands of positions available in banking and finance, there’s no law that says you have to sit there cashing cheques and taking deposits all day. You’ve got plenty of choice when it comes to other positions in building societies, or commercial and investment banks.
And what kind of opportunities are out there waiting for you? There’s:
Retail banking, where general financial services are offered to small businesses and the general public by high street banks;
Investment banking – these provide more specialized services to commercial & industrial companies, governments, pension providers, etc;
Private banking – for mega-rich private customers and a few corporate customers;
Actuarial – these companies are involved in the areas of pensions and risk and are often insurance based companies
Insurance brokers – analyze what type of cover you require and negotiate with the insurance companies on your behalf;
Underwriters – specialising in risk analysis, they calculate the insurance premuims payable for those risks.
What are the companies in the financial sector looking for?
Notgoingtouni believes that among the skills and traits you’re going to need for a successful career within the finance sector, you’re going to need: a) Excellent numeracy skills; b) Outstanding communication skills, including at least one second language; c) The ability to remain focussed when faced with a huge amount of data; d) IT literacy, and e) extreme attention to detail.
Visit notgoingtouni.co.uk to find out more about apprenticeships, sponsored degrees and entry level positions available in the financial sector.
www.notoingtouni.co.uk helps you make an informed decision about your future by showing you that there are alternative ways into your ideal career than the traditional university path, such as apprenticeships , foundation degrees, distance learning, diplomas, NVQs, gap years and work experience.. Unique version for reprint here: A career in Finance or Banking?.
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Topics: Finance | Comments Off
Tags: apprentice, apprenticeship, apprenticeships, bank, banking, career, Finance, job, work
Article Citation
MLA Style Citation:
Abrahart, Craig "A career in Finance or Banking?." A career in Finance or Banking?. 14 Jan. 2011. uberarticles.com. 10 Apr 2012 <http://uberarticles.com/finance/a-career-in-finance-or-banking/>.
APA Style Citation:
Abrahart, C (2011, January 14). A career in Finance or Banking?. Retrieved April 10, 2012, from http://uberarticles.com/finance/a-career-in-finance-or-banking/
Chicago Style Citation:
Abrahart, Craig "A career in Finance or Banking?" uberarticles.com. http://uberarticles.com/finance/a-career-in-finance-or-banking/
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