Financier education. The financier is the profession of the future
The financier is among the most prestigious professions modernity. Specialists in this field of activity are highly valued if they are highly qualified. This is not surprising, since the goal of any commercial organization or enterprise is to increase capital. Actually, this is what financiers are doing.
The financier is one of the most prestigious professions of our time. Specialists in this field of activity are highly valued if they are highly qualified. This is not surprising, since the goal of any commercial organization or enterprise is to increase capital. Actually, this is what financiers are doing.
Story
If we talk about the history of the emergence of the profession, then previously all people who could increase their capital were called financiers. Money management is an important skill that has helped to dramatically improve the quality of life. In Russia, the profession has appeared relatively recently. Previously, companies and enterprises were managed by economists and accountants. Now, adopting foreign experience, the owners and managers commercial organizations, appreciated the importance of financiers. After all, these specialists, in the face of tough competition in the market, help to maintain a leading position, develop effective ways to increase capital.
Description
The word "financier" is of French origin and translated means "versed in finance." A person in this field of activity is engaged in performing various financial transactions. Financiers can apply for jobs in various organizations. These include investment funds and financial companies, economic and financial services, banks and stock exchanges, government bodies federal, territorial and municipal level.
Financiers can choose certain financial directions for work: fiscal, regulatory, methodological, foreign economic, insurance, investment, etc. The responsibilities of financiers include: drawing up financial estimates and reports, conducting exchange transactions and taxation, conducting various trading operations, analyzing financial documents.
What specialties to study?
If you want to be a good financier, then you should get a college degree. In this case, you will need to decide on a future specialty. So, you can opt for the following specialties:
- Economy
- Finance and Credit (Master's Degree)
What you have to do at work and specialization
As we said above, financiers can link their professional activities with several areas: investment, insurance, fiscal, foreign economic, etc. Depending on the field of activity, the responsibilities of specialists will be determined. If you decide to work in the field of investment, then in this case you will need to look for ways of profitable investment Money in order to increase the capital of a company or enterprise. Each employer has its own requirements for specialists. However, they all have one thing in common - the need for a higher education diploma and a high level of knowledge, persistence in achieving goals.
Who is this profession suitable for?
People who have good knowledge of mathematical disciplines have every chance of becoming a successful financier. These people must have an analytical mindset, good memory, and the ability to analyze the information received. Good financiers know how to focus on the task at hand. Perseverance and resistance to stress are important in this area of activity. In addition, it is important to have high efficiency, the desire to achieve goals.
Demand
The profession of a financier is currently in high demand. If you receive a diploma, then you have every chance of getting a job at Good work... Financiers are needed in various state and non-state organizations: banks and stock exchanges, investment funds, economic and financial services. That is, you can get a job in any organization that seeks to improve the level of its activities. A financier is a specialist who will take on the responsibility of finding ways to increase capital.
How much do people working in this profession get
The salary of financiers depends on several factors: territorial affiliation, the level of the company or enterprise, the experience and knowledge of the specialist himself. If you have deep knowledge of finance and work experience, then you have every chance of earning a large salary. Financiers can receive more than one hundred thousand rubles. Of course, at the initial stages, wages will be much lower.
Is it easy to get a job and how is a career usually built?
Financiers do not experience great difficulties in finding a job. However, after graduating from a higher educational institution, you need to tune in to the fact that you will not be able to make big money right away. You need to start with the smallest. It is important to try to prove yourself from the best side, to show perseverance and initiative. Prove that you good specialist and strive to develop. In this case, you will be guaranteed a successful career.
Profession prospects
Will the profession of a financier lose its relevance? No. Any self-respecting organization that seeks to increase its capital and conduct a successful business needs the services of a specialist in this field of activity. So if you graduate and have good knowledge, then you will definitely not be left without work
Financier - a specialist who controls the company's monetary operations: budget replenishment, expenses and others financial operations... The specialist also analyzes financial activities both your own company and competing firms in order to determine the most correct development strategy, investment, etc.
Professional qualities and skills
A specialist, as a rule, deals with investments, budget allocation, insurance, international financial transactions, etc. The list of necessary skills directly depends on the scope of the company, but the main ones look like this:
- knowledge of the market and the state of the economy at the moment;
- the ability to assess the prospects of projects;
- knowledge of stock markets;
- understanding the nuances of working in the banking sector;
- ability to make the company competitive.
A true professional has a mathematical mindset, is able to independently make important decisions, is very attentive, stress-resistant and purposeful.
How to become a financier?
To become a highly qualified specialist, you need to get a higher education in the direction of "Economics" or "Finance and Credit". The leading universities that train specialists in this profile are:
- Moskovsky State University them. M.V. Lomonosov (Moscow State University named after M.V. Lomonosov);
- Moscow State Institute of International Relations (MGIMO);
- Financial University under the Government of the Russian Federation;
- St. Petersburg State University of Economics and Finance (FINEC);
- Moscow State University of Economics, Statistics and Informatics (MGUESI).
Where to work?
A financier is an indispensable worker in any small, medium, and even more large business. The most popular places to meet financiers are:
- banks;
- private companies;
- investment funds;
- stock exchanges.
Happiness is not in money, but in their quantity. This is exactly what those people say who worship the golden calf and consider money to be almost the only goal of their lives. But financiers, who daily operate with a huge amount of despicable metal, consider money to be just an effective tool for achieving other, more productive, and often noble goals.
Happiness is not in money, but in their quantity. This is exactly what those people say who worship the golden calf and consider money to be almost the only goal of their lives. But financiers who daily operate with a huge amount of despicable metal, consider money to be just an effective tool for achieving other, more productive, and often noble goals.
We note right away that if some 20-30 years ago there were no financiers as such in Russia, today this profession is extremely popular among the younger generation. And not because young men and women dream of "raising" the domestic economy and increasing the well-being of fellow citizens. Most of all in this profession they are attracted by the great opportunities for improving their own financial situation. In any case, they think so. But many of the future specialists do not even suspect that the concepts of "financier" and "wealthy person" are not always synonymous. And after a detailed acquaintance with the features of this profession, you will understand why.
What is a financier?
Financier is a highly qualified specialist in the field of financial science and financial transactions, who deals with especially large monetary transactions, capital management, financing projects on a legitimate basis. In this case, a financier can be both a small clerk in a bank branch and an employee of the Ministry of Finance (up to the minister himself)
The name of the profession comes from the Latin word financia, which literally translates as "end", "finish" - the completion of monetary payments between the population and the state. The concept of finance, familiar to us, as transactions with monetary assets, came from France, where the word finance means income, cash.
Story finance profession goes back to the days of the emergence of the first states and, accordingly, the state treasury, which needed competent management. For example, the famous order of the Knights Templar, whose treasures have not been found and still worry desperate heads, are none other than the first bankers, and their treasures are nothing more than an ordinary investment. At the courts of European sovereigns in the Middle Ages, there was a position of a court Jew (without any hints), who performed the functions of a financier, lending money to a squandered king or emperor with money "up to salary."
The sphere of interests of a modern financier includes all, without exception, the movement of money: investments, lending, transactions, debt collection, and so on. The specialization of a financier (and there are a lot of them, by the way, since it is customary to call a financier any specialist in one way or another related to monetary and financial operations: a banker, an accountant, CFO etc.) depends on the type money turnover that he is doing. So, one can single out financiers who are engaged in:
- lending;
- taxes and budget;
- investments;
- insurance;
- foreign economic activity (financial international transactions).
Simply put, a lending financier issues loans at interest, while he determines to whom, how much and at what interest rate a loan can be issued and what are the risks of the institution he represents.
A tax and budget specialist works with the finances of an enterprise, industry, and state. The essence of his duties is simple: how much money we have, how much taxes we have to pay, how to distribute and spend the budget.
The investor is investing money and must determine the profitability and possible risks enterprises. This specialist usually works in tandem with an insurer, whose activities are aimed at eliminating losses.
The foreign economic activity of the financier is connected with the work of various international banks and funds, and in fact unites all the others, only at a higher level.
If we summarize all of the above, then we can determine the range of basic responsibilities of a financier, which will look something like this: analysis of financial documents, transactions with securities and real estate, drawing up financial statements and estimates, exchange transactions, taxation work.
What personal qualities should a financier have?
The task of the financier is to get the maximum profit from the investment. Everything else: methods, means, tools, the choice of the recipient of the attachments - he determines himself. In other words, the professionalism of the financier directly depends on economic development both an individual enterprise and the entire state as a whole. Therefore, the requirements for such a worker are very high. First of all, a real professional must have such personal qualities as:
![](https://i1.wp.com/media.fulledu.ru/documents/images/2018.04.13.10/article/5ad1090b39d49817ab1bf23f.jpg)
What should a financier know and be able to do? Perfectly macro- and microeconomic laws, the situation in the currency and financial market, to determine the ratio of supply and demand, to see and calculate crisis situations. Therefore, the financier must first of all study the economy. Also, this specialist needs to know the laws, especially in the field of finance, insurance and international law. And yet, the financier must have flair, talent and ingenuity.
Benefits of the profession of a financier
Hiring for financier job the owners of the companies actually entrust their own financial well-being to him. Therefore, they are vitally interested in the specialist having an incentive to do his job well. And what could be a better incentive than decent wages? True, this applies only to middle and top management specialists (chief accountants, managers, financial directors, etc.). Of course, the salary of financiers is not calculated in the millions, but the salary of 60-70 thousand rubles allows specialists to feel materially expressed satisfaction from their work.
Another the advantage of being a financier is the versatility of the specialty. The place of work of the financier can be both a bank and Insurance Company, how credit organization and investment company... At the same time, the experience gained in the course of work can be useful to a specialist both in everyday life and when organizing his own business.
It should also be noted that the place of work of the financier is the silence and comfort of bank and office premises. As you know, big money does not like noise, and therefore it is always calm at the workplace of a specialist, no one interferes.
And finally, this profession belongs to the category of intellectual. Therefore, it requires constant development from the financier, movement forward. In other words, a representative of this profession will never stagnate or stop developing.
Disadvantages of the profession of a financier
Despite the obvious advantages of the profession, it has disadvantages, and quite significant. In particular, the popularity of this profession among the younger generation has led to an oversaturation of the labor market and high competition among specialists. As a result, young financiers, without work experience, mostly receive relatively small salaries (about 30-40 thousand rubles).
Moreover, lack of a profession of financier we can consider the fact that a specialist has to work almost around the clock. What is meant? Money should always be in circulation. Well, since financial situation changes every minute ( financial market never sleeps: some companies go bankrupt, others get richer), a specialist needs to constantly monitor relevant information. Otherwise, you can fall out of the clip forever. In turn, such a hectic pace of life can lead to chronic fatigue, leading to depression.
And most importantly, the specifics of the work of a financier is inextricably linked with a huge financial responsibility. Even one wrong decision can lead to colossal losses, the consequences of which can be irreversible.
Where can you get the profession of a financier?
Based on all of the above, we can conclude that get the profession of a financier
2019-12-27 106
CFOs and CFOs are the most demanded and highly paid specialists today. Any successful company is interested in hiring a real professional who could manage efficiently financial flows and develop effective financial strategies.
Over the past two years, the demand for qualified financiers, economists and accountants has increased almost 2.5 times, and last year this profession was officially recognized as one of the most in demand in the modern labor market. Along with the increase in demand, there is also a rapid growth wages: Today, the total income of a Russian financier is in no way inferior to the earnings of his foreign colleagues. And how much financiers earn depends on the specific work experience, the specifics of the tasks to be solved and professional skills.
Insofar as professional requirements the number of financial managers and CFOs is constantly increasing, only specialists who are actively engaged in improving their qualifications can count on high incomes and career prospects.
Who is a financier and what does he do
In the classical sense, a financier is a person who owns and manages a large fortune, and also has his own interests in different sectors of the economy. Such a Warren Buffett or George Soros. But financiers call not only those who made billions on Wall Street, but also the financial workers who manage the money of different companies every day. Than also make a good living.
Financiers are specialists who conduct large financial transactions on a legitimate basis, are responsible for distributing cash flows in a company and for investing working capital. These are financial managers, CFOs, analysts, hedge makers, financial planners, forensics and other specialists, in whose hands are the money of various organizations.
Financiers are not accountants or economists. If an economist analyzes indicators and plans budgets, an accountant calculates wages and is responsible for the timely payment of all taxes and contributions. Then the financier influences the fate of the entire company. It is he who decides where to invest the company's money in order to increase it and bring the business to a new level.
Most often financiers work in investment funds, in financial and economic services, in banks and stock exchanges. There, their responsibilities include lending, drawing up financial models, estimates, investment projects, carrying out exchange and trading operations, the financial analysis reporting. The field of activity may include the introduction of new banking products and brokerage services.
How much does the financier earn
The emerging trend towards an increase in wages became possible due to the fact that most companies went through business restructuring, analyzed the field of activity, minimized costs and optimized the personnel selection mechanism. Many employers have clearly understood that in order to improve business efficiency and go international, they need competent financiers who, in addition to diplomas and work experience, have real practical skills in working with serious monetary transactions, and also systematically improve their qualifications.
Financier Salary Survey 2016
(According to the recruiting company Antal Russia)
In 2018-2019, the salaries of finance specialists have increased significantly. For example, according to the same agency Antal Russia, financial directors and financial controllers began to receive 100-200 thousand rubles more per month.
Requirements for the financier of modern employers.
Looking for CFO or a financial manager, employers try to reproduce the picture of an ideal candidate as clearly as possible, where not only personal qualities, work experience and level of education are important, but, of course, professional skills confirmed by qualification certificates.
The main job responsibilities of the financier:
- Competent management of the company's financial flows;
- Controlling the company's income / expenses, ensuring the efficient use of resources;
- Tax planning business;
- Strategic planning of the company's financial policy;
- Analysis and minimization of possible commercial risks;
- Control over the conduct of the company's activities in accordance with current legislation;
- Training financial statements(including according to IFRS);
- Financial and economic analysis of the company's transactions;
- Control over the activities of financial and accounting services.
Financier skills required for successful career advancement
- Availability of professional skills confirmed by prestigious certificates. Today, financiers are in great demand, whose professional level is confirmed by the availability of diplomas from the world famous professional institutes ACCA, CIMA, IPFM, etc .;
- Ability to think strategically. A financial specialist must be able to form a long-term perspective of the business as a whole, as well as control any financial and economic operations and performance indicators of the company;
- Work experience from 3 years. Employers give priority to highly specialized financiers with at least 3 years of experience in a specific financial sphere;
- Knowledge of IFRS. As a result of the rapid transition Russian companies to international financial standards, the demand for specialists in the field of transformation and consolidation of financial statements has sharply increased. We can safely say that this requirement is becoming mandatory for all, without exception. financial professionals;
- Knowledge of the basics of tax, audit and accounting;
- Knowledge of English. Proficiency in a foreign language gives accountants and financiers an excellent opportunity to apply for a solid income and prestigious work in an international organization;
How can a financier increase his value in the labor market?
"Where did you study? What's your experience? What salary are you counting on? " - these are no longer the main questions at the interview. Every modern employer is primarily interested in how often the applicant replenishes and updates his knowledge, skills and professional skills? Business processes, technologies, methods - all this is changing so rapidly in the modern dynamic world that a successful specialist no longer has enough basic knowledge to advance on career ladder and receiving solid income. Education and professional development throughout the entire career is the only way to maintain professional fitness and achieve career heights!
Continuous development and advanced training is the only way to realize your ambitions!
Furious rhythm today and lack of free time are some of the most common reasons for refusing full-time education. Trainings and seminars, trips to training centers, homework - all this takes up a lot of time and does not always allow you to combine training with your main job and daily activities. And the distance education format in this case is the most profitable and convenient option, since only it provides an opportunity to independently plan the training schedule and thereby save precious time.
To learn how to effectively analyze and manage cash flows companies of various sizes, you need to take courses for financiers in our academy. On them you can get necessary knowledge for a career from expert practitioners without interrupting work. And also to confirm your qualifications in the field of finance with prestigious international diplomas from IPFM, CIMA and ACCA.