Are you also planning to improve your technical skills after completing MBA in Finance? Gaining technical knowledge is not as easy as it seems. Various technical tools are used to record financial transactions for future forecasting, and without technology, it is extremely difficult for companies to predict revenue growth.
People pursuing MBA in Finance, especially looking for analyst jobs must pursue or get a good knowledge of technical tools available in the market used by the companies in the financial sector.
Here are the top must-have technical-skills required to put you in a prime position and promising a career in finance.
To forecast business financial future, the financial model is a simple tool that works on Excel. A beginner must practice or else go for an Advance Microsoft Excel course from many known online Edtech like Udemy, Coursera, etc.
Companies use a system and software packages to manage everyday business activities, where SAP FM & Oracle course is best added to your technical skills.
QuickBooks is an accounting software package developed & marked by Intuit. Geared towards small & medium-sized businesses.
You can get the QuickBooks course from their site itself, and also, if you want a free tutorial, you can reach out to YouTube.
Software designed to analyze, transform & report business data, retrieve it from the data warehouse.
Generally, basic knowledge would do, as this software varies from company to company, but still knows what exactly this software does and how they help business intelligence.
Also, I would suggest that if you want to pursue a particular company, better know the software they are using and start gathering knowledge and, if possible, take an add-on course for the same.
Big data in today’s market has become the main attraction point for companies to analyze their customer data. Helps in improving business efficiency, reduces the operation cost, predicts credit risk status, and detects fraud.
List of some Big Data Analytics Tools
- Tableau Public.
- Google Fusion Tables.
- Wolfram Alpha.
- Google Search Operators.
And many more!
SQL, on the other hand, is a great programming language for financial analysts. SQL is the easiest way to store, Update, Alternate, retrieve and analyze your data across various internal and external sources that will make data analytics-based decisions.
For sure, Finance people should take SQL as their first option to add their technical skills because of ease of learning.
In today’s world, technical skills are very much required as with time, most of the work is getting data-oriented, and to analyze data, technical tools are required.
And the best part is many companies are offering courses for the same.
So, in this blog, we would recommend gaining knowledge and experience on the above technical tools to grab great opportunities in the Finance sector.