Career in finance | 4 ways to tell if you have what it takes to be a financier

Career in finance is a very rewarding but challenging career choice to make. But just like any job, there are certain characteristics and soft skill sets that make you more likely to succeed in a career in finance.

The points discussed in this article apply to all facets of career in finance. Whether you’re planning on being a mortgage advisor, a financial engineer, a financial planner or an investment banker, if you want to have a fulfilling and rewarding career, you’ll want your day-to-day role to reflect your interests, abilities and ambitions.

Career in financeYou must be convinced within yourself that you will give a resounding yes to the entire question asked in this article. Before you enter into the world of money management, there are a few questions you may want to ask yourself. And must not have any doubt in your mind that the answers to the questions are yes- I know I emphasised on that point.

4 Questions to Answer before Choosing a Career in Finance

The rest of this post discusses soul searching questions that one must provide sincere answer to when faced with the decision of choosing a career in finance.

Am I a people person?

Whether you’re working with private or corporate investors, most financial advisory roles involve offering advice to clients on how best to approach major financial decisions. You’ll spend a significant amount of time listening to customers’ concerns and developing an understanding of their objectives.

If you are selling investments, you will also need to be a good communicator and be able to demonstrate strong sales techniques to close deals. As such, it’s crucial that you have good interpersonal skills in order to build trust and grow your client base. As financial training specialist Simply Academy note, being able to support and maintain appropriate client relationships is vital if you are to succeed as a financial advisor.


Do I enjoy working in regulated environment?

Taking up a career in finance will mean that you will have to abide by many rules. Except you want to be the latest spotlight of investment banking scandal. Someone may at this point be asking. Who cares if I am in negative spotlight as long as I make the money?

Well, the world of finance is not for you if you are one of those people with that kind of thinking. Career in finance is built on trust and good reputation. You won’t make it for long if you don’t play by the rules regardless how smart you are.


Do I enjoy problem solving?

A career in finance typically involves a lot of decision making and in-depth planning of individuals’ or organisations’ financial operations. With this in mind, if you are someone who gets satisfaction from solving complex problems and you have a good head for figures; it may be the ideal job for you. Work is typically fast paced, so you’ll need to be able to make well-informed decisions under pressure. Analytical skills are also a must, especially when it comes to financial planning. But this does not mean that you have to be only a number cruncher.


Do I thrive on fast-paced work with a high earning potential?

Financial occupations typically attract ambitious people who are looking for excellent career opportunities. Generally, high performers can get ahead relatively quickly, regardless of age or years of experience. You may also have the opportunity to manage multiple responsibilities and grow a diverse professional network, which can help to drive your career forward at a faster pace.

Widely known for its high salary potential, the finance industry is often much more generous in terms of compensation than other sectors. Bonuses are also common in investment banking and financial advisory jobs that involve sales. So, if the idea of making money quickly appeals to you, the lucrative world of finance may be just what you’re looking for.

Of course, there are plenty of different routes you can choose in finance and doing a little research into the various options available may help you to find a role that’s well suited to you.

Let’s I forget. Do not forget the professional qualifications as these will make you stand out from the highly competitive crowd.

Basics of Business Insurance for Small and Large Businesses

basics of business insurance

Business insurance is a discipline that has been around for long and has therefore undergone some serious reforms, challenges and criticisms. This is why we need to refresh our knowledge with articles on the basics of business insurance once in a … [Continue reading]

Small Business Insurance – State the Importance of Insurance to A Small Scale Business

small business insurance

In this article, we will state the importance of insurance to a small scale business. I have been asked on several occasions if it is a legal requirement to have small scale business insurance. Well, the answer to this question is that it depends … [Continue reading]

Reasons for Variance Analysis

reasons for variance analysis

We constantly seek explanations for everything that we do to ensure that we are not just wasting our precious time and resources. Good management practice requires that managers understand the reasons for variance analysis just like every other … [Continue reading]

Accountants are problem solvers and not number crunchers

accountants are problem solvers

Yes, you read the title of this article right. Accountants are problem solvers and not number crunchers. Many young people that would have made good accountants get scared by the mere thought of crunching some numbers. Most of them end up studying … [Continue reading]

Small business success triangle

small business management

Small businesses strive on their ability to get things right within these components of small business success triangle that you are about to read in this article. Just like a stool cannot stand without its three legs, a small entity cannot survive … [Continue reading]


small business successes

Small business successes don’t just happen as it takes smart work to make it happen as we all know. The only problem is that a lot of people think that it takes hard work to make a small business succeed when in fact it only takes smart work to … [Continue reading]

Accountant Next Door Small Business Inbox | Mini Guide to Successful Entrepreneurship

small business management

In this comprehensive small business management guide, we will practically take you by hand and walk you through the process of starting and running your successful small business. What you are about to read in this little but mighty successful … [Continue reading]

Clean Data, Not Big Data – That Is What Makes Small Businesses Successful

big data, clean data

Big data does not make a small business successful but clean and useful data does. Successful small business owners already know that and are bountifully reaping benefits by simply recognising the difference between big data and clean … [Continue reading]

Things to consider by a small business when shopping for office filing cabinet


SMALL BUSINESS FILING CABINET | YOUR OFFICE SAYS IT ALL The last thing that any small business would like to do is to lose a prospective client simply because the office is in a mess. Things have to be organized in and around an office … [Continue reading]


improving cash flow of a small business

In this article, we will be talking about ways to improve cash flow of a struggling small business. This is that aspect of business studies that teaches entrepreneurs simple techniques that will help improve the cash flow of a struggling small … [Continue reading]

Small Business Copywriting Skills and Techniques | A Must Have For Entrepreneurs

small business copywriting

Acquiring small business copywriting skills and techniques does not require a degree or MBA in writing if there is anything like that. All you need is basic writing skills and the ability to relate to people’s emotion and then write to fill a … [Continue reading]


important accounting ratios

This blog post will be highlighting important accounting ratios for small businesses. As a small business owner, you need to be able to read the hand writing on the financial wall of your business before it becomes too late. Important accounting … [Continue reading]

Bitcoin Investment | a Buzz or a good investing opportunity

bitcoin investment

Bitcoin investment have been on the lips of many investors and professional traders for some time with mixed stories of how people invested in it and then forget about it only for the little initial bitcoin investment to then grow into huge … [Continue reading]



The roles of customers in small business survival is what you do not hear so often but this should be discussed more often as the survival of any small business is hugely hinged on the roles played by customers. Customers should be a cheap way of … [Continue reading]


small business blogger outreach strategy

Small business blogger outreach strategy is one of the google age marketing activities that every modern small business must proactively engage in if they are to be ahead of the ever intense small business competition. In this post, I will be … [Continue reading]

Small Business Accountants | When Should Entrepreneurs Hire A Finance Professional?

small business accountant

Small business accountants are no doubt very important to the success of an enterprise that is just starting up but they are not cheap to acquire. There are many reasons why a small business should hire an accountant during the early stages of … [Continue reading]

Advantages and Disadvantages of a Mission Statement

missions statement

The advantages and disadvantages of a mission statement must be known by small business owners that are either just starting up or have been running a small business for a while- just like every other things in life you ask; what is in it for me? Not … [Continue reading]

Small Businesses Competition | How to Compete in this Modern Days

Small Business Competition

COMPETING THE RIGHT WAY Small business competition is not all about price war and price cutting the supermarkets do in the UK. It is a lot more than that. The recent Tesco saga could have been avoided if excessive price war was not over … [Continue reading]

Investment Appraisal Risk Management Strategy| Tools, Techniques and Methods

Investment Appraisal Risk Management

Investment appraisal risk management strategy are those proven methods of evaluating risk and uncertainty that are associated to investing. Most investments or projects fail to see the light of the day because of the fact management has either … [Continue reading]

Factors to Consider Before Extending Business Loans to Entrepreneurs

factors to consider before loan

This blog post on the factors to consider before giving business loans to entrepreneurs is prepared to answer a question that was asked on the comment box of a previous article on financing challenges faced by small businesses. We now have … [Continue reading]

Copy Guarded by IamShekhar's WP-CopyGuard.
%d bloggers like this: