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Top 5 Ways Finance Majors Can Become a Better Asset to a Company

You may get good grades when you were a finance major but the question really is whether or not that will that translate to a good career. 

It’s easy to get distracted by academics where you fail to develop the true valuable skills that companies really need. For many, it’s the curse of shiny new things –but does the world need it?

In this article, we’ll share with you the five ways you can become a better asset to the companies you will be working for.

1. Develop Your Interpersonal Skills

Finance professionals today aren’t just bound to their cubicles crunching numbers. They’re out their building relationships with their colleagues and customers. Your ability to communicate clearly will be very useful when giving financial advice to people. They trust you with their money. But for that to happen, you need to be able to clearly express your proficiency in financial matters.

As early as now, while you are still in school, you should already be developing your interpersonal skills. You will never be surrounded by as many individuals as you do now so take advantage of this time and sharpen those communication skills.

2. Get Familiar with Technology

We now have technologies that make finance work much easier. What once took dozens of accountants to do for hours, it now only takes a few minutes for a computer to perform. Get familiar with the software that most financial experts use. Depending on your position in the company, you may be dealing with software that handle mass payment system for multiple industries or automatic accounts payable systems.

Know what finance processes are already being automated so you can acquaint yourself with the tools that most of these companies use.

3. Creative Problem Solving

The great thing about working in finance is that everyday is a different challenge. No two problems will look the same. This pushes you out of your comfort zone and forces you to think of different ways to solve a problem. 

To thrive in a company as a finance major, you have to do more beyond just your formal qualification. You’ll be faced with complex problems you’ve never encountered before. With creative problem solving, your employer will be impressed with your ability to push through even the hardest times.

4. Be A Leader and Team Player

Employers are always looking for that one person who has the ability to drive a group to achieve a certain goal. You can be that person even before you graduate. As early as now, you should already be harnessing your leadership skills whether it’s through your group thesis or class outing. 

Sure, you may be starting out with an entry-level finance job but employers will eventually need someone to fill the senior role. You want to be the first person they look to. Beyond influencing others, you should also be a good team player. This means understanding that everyone will have a different opinion from yours, resolving conflict right away, and delegating tasks to members.

5. Manage Yourself

This pertains to the ability to do tasks efficiently and effectively without your boss looking over your shoulder. Being able to manage yourself requires a lot of attention and confidence. You need to be fully present when during training and have enough belief in yourself that you’ll do the job right.

Part of self-management is also staying updated on the latest industry trends and changes in regulation. Managers like employees who are always ahead of the game. It shows that you are a professional who can be trusted with tasks assigned. You also become one less headache to them. When you do can self manage, your boss will be eyeing you for the next open leadership position.

We hope these tips help you to achieve a successful career in finance. Which of these strategies did you find the most useful? Share your thoughts in the comments below.