Emerging Finance Industries

By Oliwia W

Emerging Industries

For many young people, deciding on a direction for their future career is already a difficult step—however, choosing to enter "the finance industry" doesn’t help in the slightest when trying to make your mind up on pursuing a certain career. This is why we’re providing you with some inspiration on particular branches and niches of finance, which are projected to grow significantly in the upcoming years and decades, as well as useful skills and degree courses to have a look at. However, bear in mind that every career trajectory is unique and unpredictable, and these are only suggestions to perhaps keep in mind when searching for supplementary experiences to enrich your CV and personal statements.

FinTech

It’s in the name—FinTech is the interdisciplinary intersection of finance and tech. This field generally is focused on developing financial products, services, and solutions. Some of the key skills required for this field would be some background knowledge in computer science, i.e. blockchain and programming—experience in cybersecurity and financial analysis could also be particularly useful.
Potential degrees include:

  • Financial Technology MSc

  • Financial Management MSc

  • Computational Finance MSc

Cryptocurrency Analyst

This career path crosses the traditional role of a stock analyst with the nuances of predicting the prices of cryptocurrencies. Cryptocurrency analysts work with a large cross-section of tools including both historical data and equally various technical tools and modeling.
Requirements for this often include understanding blockchain and a relevant degree in finance/economics or a related field.
Recommended degrees include:

  • Finance MSc

  • Economics MSc

  • Computer Science MSc

  • Interesting double honours degrees, such as Finance and Data Analytics MSc

Quantitative Analyst

Quantitative analysts apply statistical methods to find solutions to both financial and risk management issues. They focus on developing and utilising complex models to aid in understanding markets and basing important financial decisions on this. As it is a very technical field, a strong background in maths, computing, and financial theory is advised. Statistical analysis and experience in coding such as C++ or Python are recommended too.
Recommended degrees include:

  • Statistics BSc

  • Financial Mathematics MSc

  • Economics and Maths MSc

With the right training and postgraduate courses, this career trajectory is still feasible no matter your post-sixth form destination.

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