How can a college graduate with a degree in financial accounting have a career in places like the New York Stock Exchange or the Chicago Mercantile Exchange?

Question:

How can a college graduate with a degree in financial accounting have a career in places like the New York Stock Exchange or the Chicago Mercantile Exchange?

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Answer:

One way is by becoming a financial analyst. Since you already have a bachelor's degree in financial accounting, you will need to complete relevant certifications to improve your career prospects, for example the Chartered Financial Analyst (CFA) certification from the CFA Institute. It is also advisable that you consider an advanced degree such as Masters (MS) in Finance or Master of Business Administration (MBA) in Finance. You will also need to familiarize yourself with the different companies and products and services traded at New York Stock Exchange (NYSE) and the Chicago Mercantile Exchange (CME Group). For example, NYSE provides access to stocks, bonds, exchange-traded funds (ETFs), options, while the CME Group facilitates the trading of forward, futures, and options contracts on numerous products within key asset classes such as agriculture, energy, metals, equities, interest rates, and exchange rates. You will also need to perfect skills such as analytical skills, communication skills, computer skills, decision-making skills, detail oriented, and math skills. According to the U.S. Bureau of Labor Statistics (BLS), 23% financial analysts are employed in securities, commodity contracts, and other financial investments and related activities, such as NYSE or CME Group, and having certifications and a graduate degree can significantly improve your prospects.

For more information about a career in the New York Stock Exchange, check out this article: New York City (NYC) Careers: Here's What You Should Know

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