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  • Essay / Fundamentals of a career in finance

    Finance or business degree is a requirement for getting a job in the financial sector, but what happens if you don't get one and you really want to work in this field? Even though it's harder for someone with a non-financial degree to land a job in finance, there is still hope. Every employer wants stylish, dedicated and motivated employees who can do the job well. A finance degree will impart skills such as financial modeling and analysis, but may do little to provide other skills required for success in almost any profession, such as communication, analysis and time management. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay Here are some ways to reveal to potential employers that you have the skills they want in an employee, as well as the enthusiasm needed for a successful career in finance. We'll rate each one based on how difficult it is to achieve (for example, signing up for a finance course is easier than getting an internship) as well as the positive impact it can have in getting you closer to your goal of starting a business. career in the financial sector. Learn the lingo. If you're interested in a career in finance, there's no excuse not to know Wall Street lingo. If you don't know the difference between NPV and DCF, consider learning financial terms and concepts by browsing the comprehensive dictionary of terms on sites like Investopedia or reading the Wall Street Journal. Not knowing the financial language can make it almost impossible to beat NPV and DCF. Preliminary interview stage for a non-financial graduate. This is because an interviewer will generally assume that a candidate for a finance position is knowledgeable about finance, regardless of their background. Complete your studies What if you obtained a diploma in a subject other than finance? You can always turn things around by taking relevant courses with an emphasis on finance or business at the undergraduate or graduate level. At the undergraduate level, courses in economics, accounting or financial analysis are excellent options. For postgraduate students, many opt for the PGDM as its substantial financial component serves to level the playing field between finance and non-finance graduates. Expand your knowledge base Relevant knowledge is not just obtained through a university degree. There are many resources available, either at your local library or online, to increase your financial knowledge. These resources may be free or available on a paid basis from course providers. Being self-taught in a difficult field like finance demonstrates a number of desirable attributes for an employer, such as initiative, passion and drive. Using a Trading Simulator A number of websites, including Investopedia, have trading simulators that can be used to construct fictitious portfolios. Using a trading simulator will force you to follow the markets and keep up to date with their developments. This is a great way to impress a potential employer with your business prowess, or at least your market knowledge, with very little investment on your part aside from some time. Connect with a Mentor Connecting with a mentor is another way to jump-start a financial career. A mentor can be anyone in a position..