Finance experience needed

[GreenLabel]

Must admit I've always found it interesting that many financial institutions will proudly flaunt their "diversity" policies, the theory being that those from differing cultural backgrounds can bring a broader range of perspectives to the table. Then, in the same breath, they will insist that any candidate without a financial background shouldn't bother applying.

[SupremeSpod]

how essential is it to have finance experience these days in order to keep the work flowing in

very hard to get contracts without it

or

plenty of other fields to work in

should do a poll but cant be arsed

It depends which components you're dealing with.

I work for a company that provides comms software and toolkits to the various traders/brokers/banks etc and we don't have any financial knowledge pre-requisites when we recruit.

[northernladuk]

Must admit I've always found it interesting that many financial institutions will proudly flaunt their "diversity" policies, the theory being that those from differing cultural backgrounds can bring a broader range of perspectives to the table. Then, in the same breath, they will insist that any candidate without a financial background shouldn't bother applying.

What the **** has cultural backgrounds and diversity got to do with knowing financial markets and corporate finance cultures?

[EternalOptimist]

I went for an interview at an IB in the city.

I tracked down the interviwer and got his PHD off the web. I researched it and read it till me eyes bled, I was actually starting to understand this stuff.

At the interview this stunning blonde walks in with her bazongas hanging out
Dr Bazongas - 'good mornink, I am ze Doctor Enormous Brain'
Dr Bazongas -'How much off ze experience in IB do you haff?'

EO - 'errr tits'




I didnt get that one

[minestrone]

If you have no experience and get an interview answering "well I think a mixture of XML and stored procedures would be the ideal solution there" to every question will get you a job.

[Bunk]

If you have no experience and get an interview answering "well I think a mixture of XML and stored procedures would be the ideal solution there" to every question will get you a job.

I thought the stock answer was "Chuck it in an Excel spreadsheet".

[aussielong]

Back office roles you don't need to know much finance/maths

Front office you do

The money is not much different for these two

There are many more BO jobs

So in effect, you probably don't need much finance

[SupremeSpod]

Back office roles you don't need to know much finance/maths

Front office you do

The money is not much different for these two

There are many more BO jobs

So in effect, you probably don't need much finance

Be prepared to hold out for the extra £85 a day though.

[aussielong]

Be prepared to hold out for the extra £85 a day though.

What the f**k are you making hand gestures for? You know something about it do you?

[SupremeSpod]

What the f**k are you making hand gestures for? You know something about it do you?

I know all I need to know, and that's probably a lot more than you.

Keep chasing the £85.