Financial Services
I-Choose Financial Services:
What’s it like ?
- The Financial Services sector includes banking, mortgage providers, insurance companies, accountants, and other organisations concerned with the profitable investment of money.
- The Financial Services sector has become very competitive. New technologies, particularly the Internet, have made it possible for customers to move their business between providers.
What are the prospects ?
- The sector has a relatively large number of older workers who are over 45, these will have to be replaced as they retire.
- The sector is vulnerable to changes in the economy; rising oil prices, wars, recession, etc., but change can produce expansion as well as contraction.
How do I get into the industry ?
- There is limited recruitment into Financial Services of people under 18.
- Many people go into the sector after attending full time business courses at college or graduating from university and some enter it later in life as a second career.
- Apprenticeship: Training while working and being paid a wage.
- Diplomas: Diplomas are new qualifications where the learning is based around an employment sector but combined with academic study.
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