For those of you who've been in this field for a while, what advice would you give new finance professionals? Something you wish you had known when you first started your career.
Coding and stats are super important if you want to manage assets. Decide if you want to sell stuff or create stuff early. The two sides of the business are dramatically different and you need to figure out which side you will do well with. Selling often gets you paid while manufacturing gets you the mental exercise.
Leave finance and go into computer science or data science or data engineering. It's what I'm doing now, I regret not doing it sooner. Seriously, all the finance companies are becoming fintech so all the jobs are just becoming tech.
Blind is littered with this advice, take it with a grain of salt. There’s so many careers out there besides swe or data engineering. Do what you enjoy-most people aren’t in these industries and seem to be doing fine. Finance has plenty of lucrative tracks.
But within most companies, technical teams earn more than finance teams. E.g. financial analyst switches to deputy program manager and gets a nice 35% raise.
Study SQL, R, Python, C++
Study computer science. Seriously.