Whether you are saving for a rainy day, paying off debts or planning for your future, financial services play a vital role in your economic life. Without these services, you wouldn’t be able to save or borrow money in the first place.
The industry encompasses a broad range of businesses that manage money, including credit unions, banks, stock brokerages and insurance companies. It also includes accountancy and consumer finance, and some government-sponsored enterprises.
There are a variety of different skills and interests you can have to break into the field. Some careers require a degree, but for others, it’s more about the interpersonal skills you have and what your strengths are.
How to get a job in the financial services sector
One of the best ways to break into financial services is by getting the right job, then working your way up the ladder. You can start as an entry-level analyst or associate, then work your way up to become an investment portfolio manager, advisor, or other senior position.
How to get more out of your career in financial services
In order to succeed, you need to have a wide range of skills. These can include computer skills, analytical skills, and communication skills. It’s also important to have a wide network of people who can help you find the right job and vouch for your character. This is especially true when you’re attempting to break into a prestigious position such as an investment portfolio manager or an advisor.