I WANT TO BECOME A FINANCE MANAGER
Q I am a grade 9 student and aspire to become a finance manager. I study the British curriculum. How should I continue my higher studies?
AFor a person as young as yourself, it is heartening to hear that you have already identified finance as your career path. Having said that I would still advise you take a psychometric test to ensure your skill sets match you interest.
Finance is an integral part of the FAME (finance, accounting, management and economics) coterie. You could pursue a degree in either subject and select your major according to the field you would like to pursue.
While universities normally don’t require students with specific qualifications, you will need a strong academic record, especially in maths and an aptitude in subjects such as English, communications and accounting in order to study
Ideally take three subjects, including maths at GCE A levels. Along with final results, a university will look at your GCSE subjects and scores.
It is always possible that you follow your undergraduate degree with a masters in a specialised field of finance or a professional qualification like chartered accountancy.
Depending upon the country in which you wish to study, the admission requirements and years of study can vary. North America has a four-year undergraduate system whereas the UK, Europe and Oceania follow a three-year system.
In the US and Canada you are required to select your majors by the end of the second year. In UK start studying it from day one.
The admission criteria also differs between the two countries. In the US, your admission is not solely dependent on your academic grades; extracurricular activities, community service, evidence of leadership, SAT scores, essays and recommendations form an integral part of your application. So use the next few years to build your profile through relevant internships and extracurricular activities. Your admission will be based on your predicted grades so engage your school counsellor. The Duke of Edinburgh programme is looked upon very favourably by universities.
For universities outside the US, academic grades form the bulwark for your admission. In addition to the Ivy leagues and Oxbridge, universities renowned for their finance degrees include LSE, London Business School, New York University, Berkeley, University of Melbourne, University of Manchester, Leeds, Warwick and Glasgow. They will prepare you for a wide range of finance careers in areas such as commercial banking, financial and tax planning, consulting, investment banking, money management, insurance, real estate, auditing, public and government sector roles.
SANJEEV VERMA is an international education counsellor