- The most important and interesting part about finance according to me is how people act to news and price levels of the index and the stock. This in short is the behavioral aspect of finance and when you as a fund manager put out strategies, you essentially take into account this aspect (though you might not be aware of it).
- The financial intuition and the logic behind every "buy" and "sell".
- Numbers, the next part of the game. And mostly anyone who's logically sound loves numbers (i say mostly, so don't hold anything against me- my mom is one of the most logical people i know and she doesn't understand or love numbers). Am no different (not to mean that am boasting about my logical ability but then am surely above the average). Numbers and data are the biggest proofs in the world, at least this world that we deal in.
- Coding: the next best or may be even better than number crunching.
- The client interface: you research, innovate, sell your ideas. The selling is equally fun and entertaining provided you know your research in and out. And hence, the great thing about finance is the research. You can tell me that most firms research but I'd say finance firms or specially the strategy divisions of finance firms research the faster than most industries sheerly because of the market sentiments governed by the behavioral aspects of people. So if you love research, finance is great for you- you have more scope of learning something new everyday here than anywhere else.
- The money: oh no, not because of your salary but because you get to see how money moves and how money is created in the system. That's something extremely interesting for any economist.
Thursday, May 26, 2011
Why a career in finance?
People having been asking me off late what this craze for is and why I have it. They wonder if it's for the money or for the "status". I say no and well, here's why:
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