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Career Advice

Finance and IT: Merging skillsets

The IT sector spans over so many industries, aiding numerous businesses run efficiently, create new ideas and push forward in this technology age.

It can surprise some how well regarded IT workers are and the wages they can potentially earn, but it is a sector where you need to be highly skilled and versatile in nature.

There are so many roles in IT simply because it is an element that can be utilised within any business and some can be quite lucrative to work in, some more so than others. The finance industry, for example, requires many different experts from the field of IT and such employees can be vital in the success of some of the biggest finance firms in the world.

With the right credentials, it is possible to work for a large hedge fund and earn close to six figures, if not over. Finance firms are willing to pay so much because a lot of their business depends heavily on number crunching formula that is implemented through computer programmes, as well as predicted figures that were found through the work of IT analysts and developers.

Programs and applications have a huge influence on the finance industry, as they are used to predict risk and market activity. Banking, trading and investment companies will have members of staff specifically developing their own applications to help run the business and can be used for such integral needs as transactions and undertaking trading.
These applications are created by the people who speak the language of computers, including .NET, SQL and C# (“C sharp”) and can work on things as the login applications you find on your own banking website. This means they need to know how to make something robust and secure if people are to use their applications to manage their bank accounts.
Such roles in .NET involve developing products as a Lead/Senior Developer, building modules and applications as a Junior Build Engineer and taking charge of the component design and build of a firm’s site as a Java Swing Developer. Most wage structures include bonuses and start at a basic of around £40,000 per annum; for more information on job structure and wages for .NET, you can click here.

Software Development Jobs
Those with skills in multi-threaded programming and C++ might find software development a bit more up their street, especially if they have a particular knack with complex algorithms. The aim of software development is to produce top quality code which is reliable and accurate and they should be able to understand how their work impacts a company in order to interpret its needs.

To be a software developer is to be a pretty versatile individual who would be expected to design, develop, enhance, test and implement applications and software. They might also be required to mentor staff coming through the ranks.

Money wise, wages start around £20,000 per annum for software development graduates and can rise all the way up to £90,000 a year plus benefits if you get a top job in a big city such as London.

About the author: Sam writes for Cititec.com who recruits IT specialists in the finance and pharmaceutical industries, including software development jobs, .NET jobs and business analyst jobs.

This is a guest post for TheEmployable


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