facebookIt seems like the finance industry is dying. What do I do next as a career? - Seedly

Anonymous

25 Feb 2020

Career

It seems like the finance industry is dying. What do I do next as a career?

It seems like many people are saying that finance is not going to be the future as much automation will come in soon and render many of our skills not so important anymore. Becoming a cost center rather than a profit engine... what do you think?

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Pascal S

25 Feb 2020

MBA Graduate at Singapore Management University

Hi Anon,

As we don't know your background, it is a hard to provide you a personalised piece of advice.

Generally, technology related jobs would give you a decent cushion for the next 10 years. I am myself moving in and out of technology and non-technology companies, and it is fundamentally key to have a business understanding of emerging technologies.

Three points to explore:

First

Popular example: Blockchain.

While you don't have to force yourself to be a blockchain technology expert, being able to understand how it works and how to apply it to business applications would give you a good starting point. Replace "blockchain" with any latest buzzword.

Second

T-Shaped Skillsets

Assuming you are from the finance industry, what are your options?

Do you wish to move out completely from the finance industry - what are the hard and soft skills that you could port over?

  • What are the skills you already have that you could readily apply to your new industry?

  • For which skills (whether hard or soft) are you in the Top 10% in your country? Or can aspire to be in the Top 10% in your industry or in your country?

Third

All industries are going through changes, rapid. Consider how to adapt to changes as a key career goal.

Cheers,
Pascal

On Tech Blogging Hiatus at www.launchers.asia​​​

Rais M

25 Feb 2020

Accountant at SME

People seems to be moving into data analysis, artifical intelligence and cyber security these days. Perhaps these are areas that you can consider.

Data scientist and AI will b the next high demand skill in job market imo. My industry is started to...

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