There are a lot of directions that students and future financial engineers can choose from for their career in finance. Not only must they demonstrate certain financial skills like sharp analytical abilities and communication competencies, but also a deep understanding of the upcoming technologies that are advancing the financial sector.
Based on certain predictions of 2020, there are certain financial skills that will be required more than others and that are in high demand by finance workforces that are more and more focused around digital competency, data analytics and knowledge of automation systems.
When pursuing a career in financial engineering, there are a few things that can set students apart from the rest. While in some majors and industries pure hands-on experience and soft skills can be enough to kick start the professional journey, finance requires a little more technical and analytical formation. Due to thourough processes and standard rules and regulations in the sector, formal accounting qualifications are desired. In this case, an advanced education is as important as the expertise when securing a career in finance.
ESILV engineering school’s master programme is composed of two years of specialisation devoted to the construction of skills, according to the student’s choice. The majors focus on the construction of the engineer’s skills, at the heart of digital technologies completed by classes of management, of law, of innovation, of languages and sports.
ESILV has been authorised, since 2003, by the French engineering accreditation institution (Commission des Titres d’Ingénieur) to issue the title of qualified engineer graduated of Léonard de Vinci School of Engineers.
The title of qualified engineer can only be issued by a school authorised by the CTI, the French engineering accreditation institution, an official organisation, created by the law of July 10, 1934, and placed under the aegis of the Ministry of Higher Education. The title of qualified engineer awards the Master’s degree, and includes by order the mention of the school which has issued it. This title is recognised in Europe as part of the EUR-ACE label (http://www.feani.org).
Financial Skills in the Digital World
Technological advancements have made waves in the financial industry, and by 2020, not only are they increasing speed and productivity in the majority of business practices but they are also the core of the programs being used by the professionals: This means that having a knowledge in the most up to date programs, tools and platforms that are relevant to the industry will make any financial engineer an asset to the industry.
These technologies include: in-memory computing, the cloud, analytics, mobility, artificial intelligence (AI), blockchain and robotic process automation (RPA). In addition to these technologies, needless to say that a knowledge in IT softwares relevant to the field will go along way: demonstrating a know-how in predictive analytics, accounts payable automation, SAP accounting software to analyze data and reporting, or Oracle will find themselves in-demand.
Desire to Innovate
Working in finance relies on routines and systems but this doesn’t means that there’s no room innovation. A sense of innovation can streamline processes to speed and accuracy, which ultimately saves time and money within a business or financial institution. These efforts will help students’ careers as it will show that they are constantly pushing themselves to think creatively, improve their skills and their growing industry.
By pursuing these skills and formation, young financial engineers will undoubtedly become one of finance’s most sought-after professionals.
Are looking to study engineering in France and do you have what it takes to be competitive? Learn more about our programme for degree-seeking students.