01-05-2004, 08:07 AM
Xavier, I think itâs very good that you have completed your ACCA and now wants to come into the Finance sector. I can appreciate your comments that accountancy could get quite boring, especially when you are doing audits, repeating the similar stuff over and over again, since I also did not like mine internship with an accountant as well, principally on the same grounds.
I also feel that itâs a good move to start studying for CFA. I wish you all the good luck for that. However, when you want to enter the Finance industry, due to so many toys to play there, you should take each and every step very cautiously, as a wrong career move may not be found as much regarding as you hoped it to be. What I am basically looking at it is, when you say you want to go into the advisory roles, for instance, into the corporate finance etc., you should know what it would entail, in terms of social sacrifices etc.
I think the best one to go for would be Fixed Income, the bond market, in other words. Primarily, as you would know, that we are living in this world of credit. There are credit cards for personal reasons to leverage and high yield institutional and government borrowing for respective needs. It is inevitable that this sector of investment banking sought to mature even further, not only in emerging economies but also in developed ones.
To get the first hand exposure, you could always apply for internships, but if unfortunately they are not available, you could also try work shadowing scheme / opportunity. I am not certain whether you could get one or not in Pakistan, but definitely its what many people here in the UK do these days. Of course, you donât get paid but the future benefits outweigh the present constraints.
AHSAN
I also feel that itâs a good move to start studying for CFA. I wish you all the good luck for that. However, when you want to enter the Finance industry, due to so many toys to play there, you should take each and every step very cautiously, as a wrong career move may not be found as much regarding as you hoped it to be. What I am basically looking at it is, when you say you want to go into the advisory roles, for instance, into the corporate finance etc., you should know what it would entail, in terms of social sacrifices etc.
I think the best one to go for would be Fixed Income, the bond market, in other words. Primarily, as you would know, that we are living in this world of credit. There are credit cards for personal reasons to leverage and high yield institutional and government borrowing for respective needs. It is inevitable that this sector of investment banking sought to mature even further, not only in emerging economies but also in developed ones.
To get the first hand exposure, you could always apply for internships, but if unfortunately they are not available, you could also try work shadowing scheme / opportunity. I am not certain whether you could get one or not in Pakistan, but definitely its what many people here in the UK do these days. Of course, you donât get paid but the future benefits outweigh the present constraints.
AHSAN
