There are numerous roles in finance that don't require sophisticated numeracy or analytical abilities. Here are some good examples.
Whether you're trying to find entry-level finance jobs or you're lastly prepared to take the next step in your career, private equity might be a great career destination depending upon your skillset. In order to achieve success in this sector, you have to have outstanding research and analytical capabilities, not to mention sophisticated numeracy abilities. This is the case irrespective of whether you're just starting or if you're targeting more senior management roles. Unlike venture capital, private equity companies target mature and profitable businesses instead of start-ups implying that finding the right businesses can take some skill and market knowledge. It is for these reasons that senior roles within private equity firms are some of the highest paying finance jobs, and businesses like EQT Group are likely to validate this. If you're ready to make the transfer to private equity, you ought to go for companies that concentrate on one of your areas of expertise.
The majority of financial advisors and experts would concur that managing wealth is just as impressive as building it in the first place. This is because wealth management does not simply suggest keeping wealth, it also suggests growing it sustainably and continuously. 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 individuals began to see the appeal of a one-stop-shop that covers all things finance. Wealth managers propose their clients a customised approach that is tailored to satisfy their specific objectives and needs. Usually, wealth management firms like St James Place offer investment management, tax recommendations, pension and retirement preparation, and other services appropriate 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 want to begin a career in finance and are puzzled by the volume and range of financial services jobs, fret not, as there is much you can do to find the very best match for you. While many people believe that working in financial services implies that you definitely have to be a spreadsheet whiz and have advanced numeracy skills, you'll be pleased to learn that this isn't always the case. For example, business development roles don't require understanding of any advanced tools or finance-specific software as holders of these roles would be focused on generating brand-new business as well as managing existing customers. This is why individuals should 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 jump to finance as a lot of financial services businesses are heavily reliant on sophisticated tech.