9 Ways to Start or Advance Your Finance Career

0
363

If you are interested in mathematics or economics, a career in finance could be ideal for you. There are several different areas of this large industry including tax preparation, financial advising, corporate budgeting, and economic analysis. Whether you are just starting out in the financial sector or are looking to take your career to the next level, there are several things you can do to increase your technical knowledge and professional qualifications.

1. Follow the Trends

The finance industry can be a mix of traditional viewpoints and innovative ideas, so it’s important to keep abreast of the current trends. Make sure have a good understanding of current terminology and theory by reading trade publications and attending industry conferences.

2. Build Your Network

A solid, comprehensive professional network improves your career prospects by building your reputation and opening doors to new client bases. You may also be able to enter into a mentoring relationship with an expert to improve your practical knowledge.

3. Research Other Jobs

There are numerous jobs and positions that fall under the finance umbrella. If your current job feels stagnant or boring, look into other options. It’s always a good idea to understand the educational and certification requirements should you decide to pursue a different position.

4. Take a Professional Development Course

Short “crash courses” and professional development classes offer several unique benefits to supplement formal degree programs. These courses are often only a few days or weeks long and many are given by prestigious education institutions. You can learn from industry leaders and academic experts without committing to years of traditional education.

5. Pursue a Graduate Degree

If you do want to boost your formal education credentials, consider earning a master’s degree in accounting, economics, or a similar discipline. There are many different coursework options that can expand your technical expertise and significantly enhance your resume. Click here to learn more about a master’s in accounting.

6. Improve Your Trading Game

Creating and maintaining a diverse portfolio can help keep your market skills sharp and improve your credentials as an analyst or adviser. Many people use a trading simulator to construct and interact with a mock portfolio. You can track the markets and practice your trading skills using real, current data.

7. Start a Blog

Even if you don’t have a desire to make your living as a blogger, keeping a financial blog can offer many benefits. It will encourage you to research industry-related topics and improve your explanation and writing skills. You can use a blog to increase your personal brand recognition and upgrade your professional image. You may also attract new clients and build your professional network through a blog.

8. Utilize Social Media

Regardless of your personal feelings about social media platforms, developing a professional online presence is an essential part of advancing your career. Start by creating an account on a social network such as LinkedIn and use it to make professional connections and promote your brand. You may also benefit from participating in online forums and joining industry-specific organizations with online communities.

9. Consider an Online Degree Program

If you are thinking about furthering your education but don’t want to interrupt or delay your financial career, consider earning your degree through an online program. There are numerous options from institutions such as New England College that allow students to listen to lectures and complete coursework online. You can use your off hours to pursue an advanced degree without the requirement to physically attend classes at a campus.

If you want to start a career in the financial industry, or are looking for ways to move up the corporate ladder, there are several things you can do to improve your credentials and professional reputation. Pursuing an advanced degree, keeping up with industry trends, and building a professional network are all excellent ways to further your financial career.