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Good Skills to Have for Jobs in Finance

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More often than not, you hear people asking others the fields they have specialized in. There are various kinds of job specializations in the job market; financial jobs, accountant jobs, banking jobs and salesmanship jobs. Now you realize that these jobs require the employees who execute them to have some special skills as far as the job is concerned. It is these special skills that distinguish a job from another, otherwise the job market will be a jack of all trends but none is mastered. For example, a salesmanship job will require whoever does it to be polite, courteous and presentable to appeal to the customers.

Finance jobs are numerous; they include accounting, banking, and financial analyst jobs. These jobs are not an exception, they demand one to have special skills which would enable them do the jobs.

Calculation skills
Jobs in finance largely involve mathematical computations such as finding mean deviations, moving means and variances of financial data to help the management make an informed decision. It is therefore mandatory that anybody taking a financial job should have strong calculation skills, manual and computerized as well. Computerized calculations help in calculating such items as mean and mode of large amounts of information which would be impossible without computers or scientific calculators.

Analytical skills
Once information is entered into a computer, calculated and an output produced, this output is useless unless it is properly interpreted to understand what it means to the business. For example, unless one understands what a mean is he or she can never understand what it means for the business. Also, correlation information such as the relationship between increase in advertisement cost and the increase in sales of the company need to be properly analyzed to assist the business management to make sound decisions. Such decisions may include how to apply resources.

Interpersonal skills
You realize that, some finance jobs such as banking and especially when one is a cashier involve a lot of interaction with people. Not just people, but customers who are the king of the business. It is therefore very important for somebody in such field to have some good interpersonal skills. This will enable them interact and serve the customers well. Customers need to be talked to well apart from being offered superior services. This is one good way of retaining the customers in business. It is therefore good for one to have relevant skills in the jobs they profess in.

Click here to read the next Career development review: Delving Deep into a Career in Accounting

Rakesh Shaunak, a chairman at Macintyre Hudson, shares his advice on how best to achieve a successful career in the accountancy profession.


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