There are many positions in finance that don't call for sophisticated numeracy or analytical abilities. Here are some good examples.
Whether you're searching for entry-level finance jobs or you're finally all set to take the next step in your professional career, private equity might be an excellent career destination depending upon your skillset. In order to achieve success in this sector, you need to have exceptional research and analytical capabilities, not to mention sophisticated numeracy skills. This is the case irrespective of whether you're simply beginning or if you're targeting more senior management jobs. Unlike venture capital, private equity firms target fully grown and rewarding companies instead of startups meaning that discovering the best companies can take some skill and market understanding. It is for these reasons that senior roles within private equity companies are some of the highest paying finance jobs, and companies like EQT Group are most likely to confirm this. If you're ready to make the transfer to private equity, you must go for companies that focus on one of your areas of expertise.
The majority of financial consultants and analysts would concur that managing wealth is just as impressive as building it in the first place. This is due to the fact that wealth management doesn't simply suggest keeping wealth, it also suggests growing it sustainably and constantly. This pursuit needs a diverse skillset, reliable connections and relationships, and an intimate market knowledge. This how the field of wealth management started to get traction as wealthy people started to see the appeal of a one-stop-shop that covers all things wealth-related. Wealth managers offer their customers a customised approach that is tailored to satisfy their specific objectives and requirements. Usually, wealth management firms like St James Place offer financial investment management, tax guidance, pension and retirement preparation, and other services relevant to the rich individual and their households. Seeing the knowledge needed and the sensitivity of the post, wealth management is deemed one of the top jobs in finance.
If you wish to start a professional career in finance and are confused by the volume and variety of financial services jobs, fret not, as there is much you can do to discover the best match for you. While many people think that working in financial services implies that you definitely need to be a spreadsheet whiz and have advanced numeracy skills, you'll be pleased to learn that this isn't constantly the case. For instance, business development roles do not require knowledge of any sophisticated tools or finance-specific software as holders of these positions would be concentrated on creating new business along with managing pre-existing clients. This is why individuals need to consider their background and previous experiences to see if there are any clear matches within finance. Companies like Man Group would likewise agree that those with a background in tech can easily make the switch to finance as the majority of financial services companies are greatly dependent on advanced technology.