Whether you are looking for your first job in finance or have been on the career ladder for years, trying to secure a job when faced with challenging market conditions can be difficult. There are of course plenty of methods which can be used to improve employability from networking with the right people to boasting an impressive CV.
A recent survey has just revealed that one of the top ways finance professionals can increase their chances of being offered a job is by displaying a willingness to go out and get some new qualifications. Furthermore, according to eFinancialCareers, an ACA qualification (Associate of the institute of Chartered Accountants) is the one most likely to result in success for those working in the City.
The reasoning behind this is simply down to the fact that when an employer or an agency posts a job in finance that requires an ACA qualification, advertisers get on average just three applications per job. This average increases to 11 applicants per job for those with an ACCA qualification and worst off are those with a CFA qualification who face competition from 27 applicants per vacancy.
It goes without saying that finance professionals who possess the right mix of skills, experience and qualifications are more likely to achieve success. For those who are looking outshine the competition, the right qualification can help to distinguish them from the crowd.