The financier is all about the profession. Finance

The profession of a financier is included in the list of the most preferred professions among applicants. The ultimate desire of every company is to make a profit. As a result, the demand for these specialists is growing every day.

Decades ago, this position did not yet exist in the post-Soviet countries. Employers increased their capital by relying on accountants and economists. Today, the initiative is in the hands of financial specialists who competently distribute the company’s forces and, as a result, maintain its high positions, despite competitors, and create fruitful ways to increase capital.

The tool of these specialists is finance; using this tool, specialists achieve results in increasing the fortune of a company or individual. Navigating the political and economic sector, understanding current cash flows, they invest securities in various objects, projects, and buildings. Their task is to coordinate current cash flows, commodity-money relations of the enterprise, forecast future revenue, as well as find possible risks, dangers and their elimination. They control the financial and economic processes of the institution in which they work, plan them and take the organization to a new level.

Job responsibilities

The responsibilities of a financial specialist include the following competencies:

Investing, lending, debt transactions;
Insurance;
International processes with finance;
Distribution of annual/semi-annual budget for projects;
Elimination of potential losses;
Analysis of the situation in financial markets, stock valuation;
Cooperation with funds, banking institutions;
Preparation of final reports;
Finding a profitable investment;
Implementation of purchase and sale agreements.

What should a financial professional know? Fundamentals of economic and financial activities, foreign languages and everything possible - about finance.

Happiness is not in money, but in its quantity. This is exactly what those people say who worship the golden calf and consider money to be almost the only goal of their life. But financiers, who deal with huge amounts of despicable metal every day, consider money to be just an effective tool for achieving other, more productive, and often noble goals.

Happiness is not in money, but in its quantity. This is exactly what those people say who worship the golden calf and consider money to be almost the only goal of their life. But financiers, who daily handle huge amounts of despicable metal, consider money to be just an effective tool for achieving other, more productive, and often noble goals.

Let us immediately note 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 “boosting” the domestic economy and improving the well-being of their fellow citizens. Most of all, they are attracted to this profession by the great opportunities to improve their own financial situation. At least that's what they think. 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.

Who is a financier?

A financier is a highly qualified specialist in the field of financial science and financial transactions who deals with particularly large monetary transactions, capital management, and financing projects on a legitimate basis. In this case, the financier can be either a minor clerk in a bank branch or 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 “finish”, “finish” - the completion of monetary settlements between the population and the state. The familiar concept of finance, as transactions with monetary assets, came from France, where the word finance means income, cash.

Story financier profession goes back to the times of the emergence of the first states and, accordingly, the state treasury, which needed competent management. For example, the famous Order of the Templars, whose treasures have not been found and still excite desperate heads, are none other than the first bankers, and their treasures are nothing more than an ordinary investment. In the courts of European sovereigns in the Middle Ages, there was a position of a court Jew (without any hints), who served as a financier, lending money to a squandered king or emperor “before payday.”

The sphere of interest of a modern financier includes all movements of money without exception: investments, lending, transactions, debt collection, and so on. The specialization of a financier (and, by the way, there are a lot of them, since a financier is usually called any specialist who is in one way or another related to monetary and financial transactions: a banker, an accountant, financial director etc.) depends on the type of money turnover in which he is engaged. Thus, we can distinguish financiers who deal with:

lending;
taxes and budget;
investments;
insurance;
foreign economic activity (financial international transactions).

Simply put, a financier involved in lending issues loans at interest, while he determines to whom, how much and at what interest the loan can be issued and what the risks of the institution he represents are.

A tax and budget specialist works with the finances of an enterprise, industry, and state. The essence of his responsibilities is simple: how much money do we have, how much taxes should we pay, how to distribute and spend the budget.

An investor invests money and must determine the profitability and possible risks of the enterprise. This specialist usually works in tandem with an insurer, whose activities are aimed at eliminating losses.

The foreign economic activity of a financier is connected with the work of various international banks and funds, and essentially unites all the others, only at a higher level.

If we summarize all of the above, we can determine the range of main responsibilities of a financier, which will look something like this: analysis of financial documents, transactions with securities and real estate, preparation of financial reports and estimates, stock exchange transactions, taxation work.

What personal qualities should a financier have?

The financier is faced with the task of obtaining maximum profit from the invested funds. Everything else: methods, means, tools, choice of investment recipient - he determines himself. In other words, the economic development of both an individual enterprise and the entire state as a whole directly depends on the professionalism of the financier. Therefore, the requirements for such an employee are very high. First of all, a true professional must have such personal qualities as:

What should a financier know and be able to do? Perfect macro- and microeconomic laws, the situation on the currency and financial market, determine the relationship between supply and demand, see and calculate crisis situations. Therefore, a financier must first study economics. This specialist also needs to know the laws, especially in the field of finance, insurance and international law. And yet, a financier must have flair, talent and ingenuity.

Advantages of being a financier

Hiring at work as a financier company owners actually entrust their own financial well-being to him. Therefore, they are vitally interested in the specialist having an incentive to do his job efficiently. And what could be a better incentive than decent wages? True, this applies only to middle and senior management specialists (chief accountants, managers, financial directors, etc.). Of course, the salary of financiers is not calculated in millions, but a salary of 60-70 thousand rubles allows specialists to feel tangible satisfaction from their work.

One more advantage of being a financier is the versatility of the specialty. The place of work of a financier can be either a bank or an insurance company, a credit institution, or an investment company. At the same time, the experience gained in the process 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 financier’s place of work is the silence and comfort of banking and office premises. As you know, big money doesn’t like noise, and therefore the specialist’s workplace is always calm, no one bothers him.

And finally, this profession belongs to the category of intellectual. Therefore, it requires the financier to constantly develop and move forward. In other words, a representative of this profession will never become rigid or stop developing.

Disadvantages of being a financier

Despite the obvious advantages of the profession, it has disadvantages, and quite significant ones. 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).

Besides, disadvantage of being a financier can be considered the fact that a specialist has to work almost around the clock. What do you mean? Money should always be in circulation. Well, since the financial situation changes every minute (the financial market never sleeps: some companies go bankrupt, others get rich), a specialist needs to constantly monitor current information. Otherwise, you may fall out of the clip forever. In turn, such a busy pace of life can lead to chronic fatigue, which leads to depression.

And most importantly, the specifics of a financier’s work are inextricably linked with enormous financial responsibility. Even one wrong decision can lead to colossal losses, the consequences of which can be irreversible.

Where can you get a profession as a financier?

Based on all of the above, we can conclude that become a financier

Today, many Russian applicants want to study in the specialty of finance and credit. Before entering, we recommend that you find out what kind of profession this is, what opportunities it opens up for a modern person. It is difficult to name a specific position, because the specialty finance and credit provides a wide range of knowledge. After graduating from a higher educational institution, a student can easily find a company where he will be allowed to do an internship.

After graduating from the Faculty of Finance and Credit, the direction of employment may be different. For example, many companies seek to hire a qualified economist on their staff.

His responsibilities include conducting cost-benefit analysis. Additionally, you will need to make a profit forecast for future periods.

A specialist in this field will be required to analyze products and business objects. He will be able to track the dynamics of change through a detailed study of the current situation.

The total salary largely depends on the level of education, work experience and acquired qualifications.

An analyst is rarely trusted with serious reports if he has just finished . Good qualifications are inextricably linked with work experience. You will need to regularly take special courses that will increase your level.

Places for competition

When training is left behind, and the student already has a diploma of education, he will have to think about where to send his resume.

Today, such education allows you to get a job in the following organizations:

Working in a bank is prestigious and highly paid. With this qualification without work experience, you will be hired as a cashier. However, you can immediately apply for more profitable vacancies.
When working in an audit company, knowledge in the field of accounting will be useful. You can try your luck in other vacancies in this industry.
The knowledge gained at a university will be useful in many government organizations. For example, with this education you can work in the tax service or treasury.
The field of insurance and investment.
Commercial organizations and enterprises.
Insurance and investment business. Unfortunately, after the 2008 crisis, these organizations are little trusted in our country. There are several prestigious companies in Russia, but competition for employment is high.

Important! This educational profile allows you to work in any investment fund. Applicants should apply for the Analyst position. It should outline your capabilities and previous experience. If the requirements are too high, then it is quite possible to opt for another prestigious position.

Top professions

What kind of work can you do after completing your studies? Attention should be paid to the following positions:

finance manager,
analyst,
trader,
employee of any control department,
accountant or economist.

At the first stage, you will have to agree to the position of an ordinary financier. If a person strives for career growth, then in just a couple of years he will be able to apply for the position of chief in the department.

This option is considered optimal. However, you will additionally need to invest maximum knowledge and skills into your business. This desire is guaranteed to be appreciated. Prospects can be seen in the near future after graduation.

If a student has ambitions and desire to work in his specialty, then he can also submit a resume for the position of analyst. With the right approach to business and constant improvement of skills, you will be able to achieve success within a short period of time.

Otherwise, after gaining work experience, you should look for a job with better prospects. It is recommended to choose large corporations. However, narrow specialization is in demand today.

Your own business and related positions

If a person has extensive experience in this field or can boast of excellent knowledge, then the role of a trader is ideal for him. It is not always profitable to get a job at a brokerage
company. You can make a profit yourself. However, at the first stage you will need to find start-up capital.

Unfortunately, no one can give a young specialist guarantees in this area. That is why it is necessary to apply all your knowledge in order to avoid losses and crisis.

Any wrong decision can lead to a negative development of the situation. If the business is run successfully, the funds will be enough to provide for the whole family.

For those who strive to make high profits, it is recommended to try their luck and get a job as an accountant. With the right approach to business, in just a few years you will be able to confidently apply for the position of chief in the department.

Experts do not recommend staying in this position for a long time. The list of responsibilities is the same, so after a few years you can completely lose other skills. However, many financiers continue to work in this field due to the high pay and uncomplicated work. Even if the financier does not have any explicit offers, he will always be able to find a position with a good salary.

In the learning process, students should not be limited to the teachers of their institute. It is recommended to undertake an internship with experienced specialists from banks, tax authorities and audit firms.

As a rule, graduates are asked to write a thesis on the chosen enterprise. Thanks to this, they will be able to apply their theoretical knowledge in practice. A potential employer is guaranteed to appreciate them.

In preparation for the specialty finance and credit, the emphasis is on the humanities and social sciences. However, special attention is paid to the study of economic disciplines:

macro- and microeconomics.
international relations.
cash flow theory.
history of economic relations.

Important! Future specialists also study banking and insurance, financial management and tax treatment. They are well versed in securities and can predict their growth and decline. The main goal of the courses is to learn how to competently and accurately make a forecast and be able to plan reasonably.

After studying at the university, the graduate will be able to operate with the following skills:

Practical application of knowledge in finance. Detailed analysis of the loan and its predicted impact on business activities.
Possibility of practical application of monetary regulation. After a detailed analysis, a specialist will be able to identify the connection between individual parts of cash flow. He is also well versed in taxes and insurance. The young expert’s skills will be useful in state and municipal branches.
A graduate of this specialty will be fully prepared for active work in the financial or credit sector. He will be able to navigate well in foreign economic activity and take an analytical approach to solving non-standard situations.
The person will be ready to provide high-quality economic forecasts and build prospects for the further development of a particular industry.
Former students are quite competitive even in related fields.

Managing financial flows in the modern market is difficult and responsible. Specialists in the field of economic activity of enterprises manage cash flows, predict changes in financial markets, analyze risks, and carry out financial transactions to invest capital in profitable projects.

There are many educational institutions throughout Russia, and this is a big plus for the younger generation. Graduates of universities and colleges become employees of large companies and small organizations. High-level professionals often act as consultants for people trading in the stock markets.

Just recently, financier as a profession was not popular; school graduates with a weak 4 in their certificate could easily enter financial and credit technical schools and universities. In conditions of universal free education, this situation had more advantages than disadvantages. No one thought about what they would have to do in the future, what qualities they needed to have in order to be successful in their chosen profession. The modest girls serving clients in savings banks did not arouse interest, and their work seemed boring and mediocre.

Now the situation has changed in many ways, and financier is almost the most prestigious specialty, although graduates of dubious educational institutions en masse forget about their diplomas and go to work in other industries, sometimes in completely opposite areas of activity. The lack of demand for certified specialists and the reluctance of employers to accept graduates without experience into their teams are, of course, considered by many yesterday’s students to be disadvantages that few people think about when choosing a profession. But this situation does not mean that financial specialties are not in demand in the labor market. Although company owners, as a rule, prefer to have experienced specialists on their staff to successfully manage their financial affairs. Yesterday's graduates always have a chance to start working by agreeing to a place with low pay, and the advantages are obvious, because this way they will gain experience and will be given a start for a more prestigious position.

What qualities should an employee have?

In any field, the success of a company depends on the level and professionalism of its employees. It is no coincidence that managers, entrusting experienced managers with the selection of personnel for a particular position, prefer only one out of dozens, or even hundreds of applicants. Management companies approach the selection of a financier with particular care and responsibility, because the dynamic development of a private company or joint stock company depends on the activities of a financial employee. This profession requires certain qualities. Advantages will be given to those applicants who have:

speed in decision making;
literacy and attentiveness;
honesty and responsibility;
ability to predict;
intelligence and communication skills.

The main quality that a modern financier must have is a sharp, inquisitive, analytical mind. He needs to have a broad outlook in the field of politics, legislation, psychology and other areas.

The work of financial workers has its pros and cons. Managing the movement of large monetary resources, they bear enormous responsibility for the successful operation of the enterprise.

Positive faces of a sphere

In a market economy, yesterday's students will easily find their place not only in credit institutions, but in investment, insurance companies or in any production sector of the national economy. For today's youth, these are advantages that no one could have dreamed of 30-40 years ago. Now they are gaining invaluable experience in acquiring skills in their profession. Many employers, accepting an inexperienced financier for an internship, give him the opportunity for career growth, subject to a responsible and interested attitude to the common cause.

There are many such enterprises now, and personnel for most of them is a matter of prestige and success. Often having extra-budgetary funds, managers consistently increase the salaries of valuable employees. After some time, yesterday's student, showing perseverance and professionalism, can become a commercial director or open his own business. Many books have now been published where you can find descriptions of acquiring money management skills with numerous examples.

The attractiveness of the profession of a financier also lies in the fact that the silence and comfort of office premises do not interfere with the peaceful pursuit of intellectual work; these are also advantages that a future financier should pay attention to, because a creative person, being in such conditions, can achieve tangible results in his work life .

A financier today is a promising path for young people; great opportunities open up before them. Specialists in financial and economic activities cooperate with many companies; they easily acquire profitable connections in related areas not only with Russian businessmen, but also with foreign partners. Perhaps someone will classify busy work as a disadvantage, but in vain, because it gives the opportunity to:

visit other countries;
improve practical skills of communication with foreign citizens;
make good money;
attract the attention of professionals in related industries;
expand connections in a market economy.

Negative aspects of activity

Many graduates of educational institutions dream of a prestigious job in large banks and successfully developing companies, where there is hope for a decent salary and prospects for professional growth. But high competition and an army of certified financiers do not allow most of them to get a profitable position. Large companies usually sign contracts with talented and experienced workers. Minor disadvantages should not scare away young people - those who want to achieve success will definitely achieve it.

Reputable corporations entrust financial matters to specialists who have unique abilities for accurate forecasting and effective recommendations, so the disadvantages of the profession are also associated with the fact that if an employee makes mistakes, he is threatened with financial penalties.

The specialty of a financier takes a lot of time, and people, having devoted themselves to it, are forced to limit themselves in many ways, including communication with children and relatives. Money management is a challenging and demanding task, and the high prestige of this profession creates competition.

Financier is one of the most prestigious professions of our time. Specialists in this field of activity are highly valued, provided they are highly qualified. This is not surprising, since the goal of any commercial organization or enterprise is to increase capital. This is actually what financiers do.

Story

If we talk about the history of the emergence of the profession, then financiers previously called all the people who could increase their capital. Managing money is an important skill that has helped to significantly increase the quality of life. In Russia, the profession appeared relatively recently. Previously, companies and enterprises managed with the help of economists and accountants. Now, adopting foreign experience, the owners and managers of commercial organizations have appreciated the importance of financiers. After all, these specialists, in conditions of tough competition in the market, help to maintain leading positions and develop effective ways to increase capital.

Description

The word “financier” is of French origin and means “skilled in finance.” A person in this field of activity carries out various financial transactions. Financiers can get a job in various organizations. These include investment funds and financial companies, economic and financial services, banks and exchanges, government bodies at the federal, territorial and municipal levels.

Financiers can choose certain financial areas for work: fiscal, regulatory and methodological, foreign economic, insurance, investment, etc. The responsibilities of financiers include: drawing up financial estimates and reports, conducting stock exchange transactions and taxation, conducting various trading operations, and analyzing financial documents.

What specialties should I study?

If you want to become a good financier, then you should get a higher education. In this case, you will need to decide on your future specialty. So, you can choose the following specialties:

Economy
Finance and Credit (Master's Degree)

What do you have to do at work and specializations?

As we said above, financiers can connect 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 investment field, then in this case you will need to look for ways to profitably invest 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 diploma of higher education and a high level of knowledge, perseverance 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 mind, good memory, and the ability to analyze the information received. Good financiers know how to concentrate on the tasks at hand. In this field of activity, perseverance and stress resistance are important. In addition, it is important to have high efficiency and a desire to achieve goals.

Demand

The profession of a financier is currently in quite high demand. If you get a diploma, then you have every chance of getting a good job. Financiers are needed in various government and non-government organizations: banks and 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 earn?

The salary of financiers depends on several factors: territorial affiliation, level of the company or enterprise, experience and knowledge of the specialist himself. If you have deep knowledge of finance and work experience, then you have every chance of getting a higher salary. Financiers can receive more than one hundred thousand rubles. Of course, in the initial stages the salary will be much less.

Is it easy to get a job and how is your career usually built?

Financiers do not experience great difficulties in finding employment. However, after graduating from a higher educational institution, you need to be prepared for the fact that you won’t be able to earn big money right away. You need to start with the smallest things. It is important to try to prove yourself from the best side, to show persistence and initiative. Prove that you are a good specialist and strive to develop. In this case, a successful career will be guaranteed to you.

Prospects for the profession

Will the financier profession lose its relevance? No. Any self-respecting organization that seeks to increase its capital and conduct successful activities needs the services of a specialist in this field of activity. So if you get a higher education and have good knowledge, then you definitely won’t be left without a job