To all our candidates and candidates who need a professional CV making service for FREE – try out www.cvgen.co.uk – designed by recruiters with every candidate in mind. The next time that you need to secure that all important interview for your next role – don’t leave anything to chance – spend some time on your CV and get it right first time – www.cvgen.co.uk does exactly that!
Archive for February, 2011
According to all the press – it is good news! The UK market is recovering well..
LONDON, Feb 9 (Reuters) – British recruiters filled permanent vacancies at the fastest rate in six months in January, according to a survey released on Wednesday, pointing to growing confidence among employers.
“Permanent staff placements and temporary/contract staff billings both rose at faster rates in January,” the Recruitment and Employment Confederation (REC) said in a statement.
The REC/KPMG permanent placements index rose to a six-month high of 57.4 in January from 54.9 in December. The temporary index rose to a seven-month high of 56.5 from 52.8 the previous month.
Index levels above 50 indicate net hiring among the panel of 400 recruitment companies polled each month.
Britain’s coalition government hopes the private sector will be able to create extra jobs to sustain growth as spending cuts begin to bite this year.
This is superb news for candidates as new roles are being created daily. Watch this space.
The study of finance in terms of making a career is very vast as it reflects the extensive financial industry itself. After studying finance from a University, one can work in any of the numerous firms engaged in financial dealings in the United Kingdom. These include Manufacturing & Trading companies, Accountancy, Realty, Insurance and Brokerage firms, Banks, Credit-Card companies, and even within Government organisations. In addition to being a very interesting field of study, Finance can offer a challenging medium for working and a graduate degree is often sufficient for gaining entry.
Why Choose Financial Services?
Apart from lucrative pay packages, studying finance puts you in a very advantageous position for several obvious reasons:
- Teaches expert financial management at a personal level
- Studying at foundation level gives you basic knowledge; after which you can decide which area you will choose to specialize in.
- Provides crucial information on the economy and market structure. Armed with this information, it is possible to become a successful entrepreneur.
- Provides a rewarding career in diverse segments. You get to deal with individuals as well as large corporations whilst holding an important position as an Asset Management Professional or Risk Management Officer for example.
- Opens up a world of opportunities for employment. You can work with banks, small and large corporations, insurance firms, brokerage or real estate firms and so on.
- Gives a chance to work in a very busy and lucrative environment.
A basic degree in finance has a varied curriculum that teaches the functioning of various markets and financial institutions of the world including banking operations. In addition to this; it teaches the important basic skills for management like teamwork, communication, time management, faster decision-making, numerical analysis, problem-solving etc.
After this, you can branch out as per your interests. With specific modules dedicated to different areas of finance a major degree in this field finally equips you with specialised knowledge that is essential for making a career in finance.
Pension fund managers
Project finance manager
Corporate property manager
Real estate appraiser
You can take up a Masters degree in finance or opt for a management degree as a major to enter financial services. Your start in financial services can also be by studying Economics, Statistics or Banking. But regardless of the path you take, studying financial services undoubtedly places you in a very important position where both the public and private sectors have numerous exciting opportunities.
Accountancy Jobs continue to be in great demand in the market as this function is crucial to the working mechanics of any firm. Whether it is something as basic as book-keeping or more advanced like strategising on the basis of accounting reports; a company’s success depends on this financial information. It is no wonder then, that with a growing economy, the market for Accounting Jobs is also experiencing a major boom in the current times and the future subsequently looks very bright.
The Job Scenario
Accounting jobs never go out of demand as the economy is always growing and also due to the important nature of this work. This has been proven time and again that despite economic downturn and depression, hiring in the accounting field has never stopped.
Jobs in accountancy have been on an upward spiral in the past decade and accountancy jobs are expected to rise by 22% in the current decade from 2010-2020. This makes the scenario lucrative for people who are currently studying within this arena.
Whilst candidates were chosen on the basis of their merit and specialisation during the hiring stages, the recent hiring patterns have seen a paradigm shift; where interpersonal and communication skills have been a major part of the selection criteria and if the not the most critical.
Starting from an accounts executive to a managing director, the possibilities in the field of accountancy are endless. Whilst a graduate has chances of joining at an executive level with a small firm, an experienced professional with the right skill set can reach the higher hierarchical levels of becoming CFO (Chief Finance Officer) of a company or corporation.
The different arenas of accountancy can be briefly categorised depending on the nature of work performed and each one has a lot of potential in terms of growth; as well as monetary rewards.
Government Service: Positions are usually at the local, county or National level.
Commerce and Industry: Positions held can be of CFO, Finance Director, Financial Controller, Finance Manager, chief accountants, cost accountants, internal auditor or ledger officers. Responsibilities differ in terms of the position itself and size of firm.
Public Practice: Accountants in such areas offer services of their own, hire staff or enter into partnerships. Services are provided for individuals, businesses and governments.
Education: Appointment takes place for researchers, professors and reviewers, these are not and exhaustive list.
Another facet is that each of these segments is experiencing a boom as more and more expertise is required. The reasons for this can be roughly attributed to the following:
- Increased globalisation
- Increasing businesses
- Securitisation of companies’ finance
- New rules and regulations in the financial sector
The most demanded profile continues to be that of a Chartered Accountant in which an individual can provide services as a freelancer or work as an Online Commodity Trading Company employee of a firm while getting a superb pay package and other benefits. Specialised courses for this are available and there are a sizeable number of people enrolling for them each year, further reiterating the fact. MBAs or finance post graduates are also in great demand as their analytical skills serve the function of a Financial Researcher while CFAs are being demanded for the role of Financial Advisors.