What Is the Most Underrated Skill for Success in Finance?
Everyone talks about technical skills, but what non-technical skills have made the biggest difference in your career?
Everyone talks about technical skills, but what non-technical skills have made the biggest difference in your career?
Career Resources
The most helpful WSO content highlights that while technical skills are essential, non-technical skills often play a pivotal role in long-term success in finance. Here are some of the most underrated non-technical skills:
Self-Awareness and Relatability: Being able to connect with a wide range of people—from high-earning investors to hourly wage workers—is crucial. This requires self-awareness and the ability to adapt your communication style to different audiences.
Work Ethic: A strong work ethic is often the differentiator. Whether it's networking, managing relationships, or presenting ideas, these tasks require consistent effort and dedication.
Soft Skills Development: Skills like negotiation, relationship-building, and presenting ideas in a clear, engaging manner are not innate but developed over time. These are critical for promotions and leadership roles.
Team Player Mentality: The ability to work collaboratively and contribute to a team is vital. Non-team players are often exposed quickly, especially in high-pressure environments like BB firms.
Influencing and Persuasion: Being able to influence others and get your agenda across without creating friction is a key skill, especially in roles like FP&A or leadership positions.
Big Picture Thinking: The ability to step back and see the broader context of decisions, rather than getting lost in the details, is highly valued in finance roles.
These non-technical skills often determine how far you can go in your career, as they complement technical expertise and help you stand out in a competitive field.
Sources: Breaking into commercial development, List of Transferable Skills in Corporate Finance, Programming/Technical Skills for Finance: SQL and Python, Work ethic or intelligence what is more important for a career in finance ?
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