A job with a mix of Finance and IT

sigma said:
Probably the worst thing you can do is judge a job by its rate of pay.
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Yes I agree with this. IT in finance can be pretty crap, sometimes. Lots of offshoring, tons of pressure, frequent redundancies, etc. The money is good but I wouldn't class it as a desirable environment to work.
 
Hades said:
Yes I agree with this. IT in finance can be pretty crap, sometimes. Lots of offshoring, tons of pressure, frequent redundancies, etc. The money is good but I wouldn't class it as a desirable environment to work.
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I think more than anything else, it's the lack of ability to do things strategically that is the worst thing in a lot of banks.
Especially in the front office there is so much that is reactive and most of the time the attitude is a case of getting something delivered as soon as possible rather than thinking about what might be better in the longer term.
 
Quantitative Finance- do a PhD in maths, physics or a solid Computer science domain and earn 250k a year. This isn't "IT" though.
 
In most small business, the finance director has responsibility for HR & IT. That's certainly the way the works in our company, however the finance director delegates most of it to me :(

I end up being the financial controller for one group company, IT support for 2 other group companies and have responsibility for group IT procurement and liason with our outside IT contractors. Pay isn't brilliant at the moment but they pay for my CIMA qualification and I get car/fuel & phone so happy until I fully qualify then I'll be lookling if I don't get adequately compensated.

So if you work anything reasonably senior in Finance in a SME its likely you will have your fingers in the IT pie as well
 
As people have already mentioned it's pretty difficult to just say "I want a well paying job in IT and finance".

Best bet is either to get a good degree and just start working with the aim of getting as far as you can in either or trying to start off as a school leaver and work your way up.

No secret to it really.

daver said:
In most small business, the finance director has responsibility for HR & IT. That's certainly the way the works in our company, however the finance director delegates most of it to me :(

I end up being the financial controller for one group company, IT support for 2 other group companies and have responsibility for group IT procurement and liason with our outside IT contractors. Pay isn't brilliant at the moment but they pay for my CIMA qualification and I get car/fuel & phone so happy until I fully qualify then I'll be lookling if I don't get adequately compensated.

So if you work anything reasonably senior in Finance in a SME its likely you will have your fingers in the IT pie as well
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Might not be fun but it sounds like you're getting a lot of experience there. :)
 
Sorry for being a bit unclear about what I meant by IT and Finance.
What I mean is, I'd quite like something where say for example, you work for a business, and they need something IT related, implemented or upgraded... let's just say a database for this example. Your job is to then, research the best database for their needs, calculate costs for the project, calculate the future costs for the project (maintenance e.g.), the impact that the project will have on the business, present your findings to somebody above you, manage the project and see the project through its implementation stages.

Something like that.
 
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Tingle said:
Sorry for being a bit unclear about what I meant by IT and Finance.
What I mean is, I'd quite like something where say for example, you work for a business, and they need something IT related, implemented or upgraded... let's just say a database for this example. Your job is to then, research the best database for their needs, calculate costs for the project, calculate the future costs for the project (maintenance e.g.), the impact that the project will have on the business, present your findings to somebody above you, manage the project and see the project through its implementation stages.

Something like that.
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If you're so clear on what you want to do really try to get work experience as soon as possible in the right areas.
 
Tingle said:
Sorry for being a bit unclear about what I meant by IT and Finance.
What I mean is, I'd quite like something where say for example, you work for a business, and they [/b]need something[/b] IT related, implemented or upgraded... let's just say a database for this example. Your job is to then, research the best database for their needs, calculate costs for the project, calculate the future costs for the project (maintenance e.g.), the impact that the project will have on the business, present your findings to somebody above you, manage the project and see the project through its implementation stages.

Something like that.
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You want to be a project manager.
 
Tingle said:
Sorry for being a bit unclear about what I meant by IT and Finance.
What I mean is, I'd quite like something where say for example, you work for a business, and they need something IT related, implemented or upgraded... let's just say a database for this example. Your job is to then, research the best database for their needs, calculate costs for the project, calculate the future costs for the project (maintenance e.g.), the impact that the project will have on the business, present your findings to somebody above you, manage the project and see the project through its implementation stages.

Something like that.
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That's not really IT and Finance, that's just IT Project Management for some bits and Business Analysis for some of the others. You won't be able to do that straight from education, you'll need to get some experience under your belt first, probably by taking part in projects on the development/implementation side.
 
Mr^B said:
That's not really IT and Finance, that's just IT Project Management for some bits and Business Analysis for some of the others. You won't be able to do that straight from education, you'll need to get some experience under your belt first, probably by taking part in projects on the development/implementation side.
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Yep totally agree that basically not finance its a project manager, if its even a project manager, its pretty close to a business analyst really.

But these are typically IT roles, which can be got into without experience but highly unlikely. Normally your best bet to get into that type of area is a get a job where there is always change, learn a subject well and then apply for all projects related to it. If your any good you will open the doors to move into project management.
 
Certainly seems like a project manager and I've not known any to earn in 50k (I've worked in the Financial sector for a fair while as well).

You're not going to get one of these jobs fresh from college you may have to think of a route in and accept that you aren't going to be earning even half of that - getting a degree and then a graduate program would be a better idea.



M.
 
@OP you won't likely become a project manager right away but starting as a business analyst is viable.

For a generic route then perhaps try one of the grad schemes at one of the big consultancy firms.
 
Tingle said:
Somebody said to me that accounting at A Level, is a doss around subject which is frowned upon by universities :confused:?
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:confused:

Have you spoken to teachers and universities?

Honestly I would not worry about specific job titles yet. General areas are what you want to be aiming for at your stage.
 
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