Building a successful career is every student’s dream and higher education has evolved in such a way that the priority of getting educated has changed from expanding your horizons and knowledge base to starting a professional career. With more and more students entering the job market and with the industry academia gap widening, students are finding it hard to get absorbed into an industry that complements their academic background. This has caused some major dilemmas for students from all streams alike and now educators and students are trying their best to bridge this gap and ensure that their professional career opportunities aren’t completely destroyed. Finance is a particularly popular industry in India and the number of students who aspires to get into the industry is increasing on a consistent basis. Even with odds stacked against them, there are certain tips and techniques that students who are aspiring to have a professional career in finance can do in order to improve their employability and build a successful career including:   

1. Build a Strong Foundation in Accounting: This is a crucial aspect when it comes to ensuring that you can build a successful career in finance in India. Being equipped with the right skills is a must to be successful in any industry and finance is no exception when it comes to that. So, get a formal degree in accounting which will equip you with the needed skills required to start a career in finance. This formal education will allow you to also understand more about the industry and the various job opportunities that are available for you. So, make sure that you get a formal degree in accounting.

2. Acquiring Financial Reporting Skills: Owing to the fact that professionals operating in the industry are sometimes expected to offer investment and other financial advices, it would be smart for aspiring professionals to acquire knowledge on financial reporting. This will also help you in different stages of your career and can sometimes be the difference between you climbing up the professional hierarchy or having a stagnant career graph.

These are some of the tips and techniques that aspiring professionals who want to get into the finance industry can do not only start a successful professional career but also achieve sustained success in the industry

3. Forecasting Skills: In line with the previous mentioned points, this is yet another important skill that all financial professionals should acquire. This will help professionals on multiple levels and on one hand, your forecasting skills might help you to improve your career growth and on the other hand, this will help you to take better business decisions and guide your organization towards sustained success in the industry. So, ensure that you improve your forecasting skills.

4. Being Updated with the Latest Trends: This is yet another important thing and the fact of the matter is that this is not just applicable for the finance industry but also for any other industry. With the technology and industry trends changing at a rapid pace, professional should make sure that they are keeping pace with the latest trends and stay updated on a constant basis to ensure that they don’t get outdated. By doing this, you will be able to stay relevant in the market and keep growing.

5. Being Innovative: Even though, the finance industry has well defined processes and straightforward set of procedures, if you are passionate about your profession and the industry, there is still room for innovation. There are various areas in which an aspiring professional can experiment and innovate in the finance domain and coming up with new things will also help you to build a positive reputation in the industry which will serve you well from a career point of view.

These are some of the tips and techniques that aspiring professionals who want to get into the finance industry can do not only start a successful professional career but also achieve sustained success in the industry.