The
increasingly competitive job market has resulted in more number of people with
fewer job opportunities. So it becomes very important for you to make your
skills recognized and stand apart in the crowd. If you are looking for a job switch, to make your
mark in the finance sector and take up the role of a financial advisor, here
are few tips that could help you.
How
to get started with it
A career as a financial advisor is surely successful and rewarding and is often
regarded with high respect. If numbers, accounting and investments have always
interested you, then there are high chances of you making it in the finance sector.
As a financial advisor, you are expected to have an aptitude for mathematics
and be updated with the latest market trends. You are also expected to posses
convincing skills and should be able to make businesses invest money in
addition to investing time in taking your advice. If you think you possess all
these qualities and are confident of handling different situations well, you
can consider a successful career as a financial advisor.
A
bachelor's degree or a four year degree in accounting, economics, computer
science or math is a must to take up this career. You can later get a
certification such as a Chartered Financial Analyst (CFA) done, to add to your
credit. Earning a major in any field is acceptable, but if you complete a major
in any of the finance related subjects, it will enhance your resume and boost
your chances.
To
start off with your earnings, you might have to gain some experience by working
as an unpaid intern at some private firms. This will help you to take the first
step to success in the financial sector. There are many entry level jobs in
banks and other businesses and that help budding financial advisors.
Certain
companies also provide training programs for financial advisors. This helps
them gather the required work experience and at the same time, prepare for
licensing exams. These training programs are highly competitive and are totally
worth the effort if you manage to get through them. The company however teaches
you the rules and regulations but does not provide real life situations to
handle the varying business needs. So to prove your point, you might have to
stress upon your being passionate about this field and how well you can do it.
Benefits
of a career as financial advisor
With
too much to achieve in too little time, companies turn towards the options of
getting help in planning their finances. So a successful financial advisor is
very much in demand and is a profession paid well. The role of a financial
advisor is also often seen as a satisfying job where you see your clients happy
in getting their money invested in the right place and in the right manner. The
job helps you interact with a lot of people and gain deeper knowledge about the
rising market trends and other business strategies.
About the author:
Grace is associated with College Info
and offers information on the role of a financial advisor and business administration courses.
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