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Results below are from employers in these industries: Financial Services
They are talking about these topics: Current Continuing Education, Educational Partnerships, Experience & Credentials, General Skills, Industry Trends, Needs & Challenges in Continuing Education, Occupation-Specific Skills, Workforce Trends & Challenges
Your Selections:
Industry
Financial Services
Topic
Current Continuing Education
Educational Partnerships
Experience & Credentials
General Skills
Industry Trends
Needs & Challenges in Continuing Education
Occupation-Specific Skills
Workforce Trends & Challenges
| Financial Services | Current Continuing Education | Some employers mention having tuition-reimbursement policies for incumbent workers. | Read what employers said about this issue |
| Financial Services | Current Continuing Education | General skills training topics include general soft skills training, project management, writing, and sales training. | Read what employers said about this issue |
| Financial Services | Current Continuing Education | Occupation-specific training topics include general technical skills training, tax code and regulatory changes, and Microsoft Office skills. | Read what employers said about this issue |
| Financial Services | Current Continuing Education | Many employers have in-house training programs and/or bring in external vendors for incumbent worker training. Smaller organizations will send employees to external training facilities. | Read what employers said about this issue |
| Financial Services | Educational Partnerships | Employers present ideas for continuing the conversation between employers and the university system. | Read what employers said about this issue |
| Financial Services | Educational Partnerships | Inviting guest speakers from the financial services industry is a way to keep course material current. | Read what employers said about this issue |
| Financial Services | Educational Partnerships | Employers express concern that current teaching methods, particularly online courses, are inhibiting the development of students' soft skills. | Read what employers said about this issue |
| Financial Services | Educational Partnerships | Employers suggest including coursework on the differences between public and private accounting as well as what graduates can expect in the work environment. Other curricular recommendations include Certified Financial Planner (CFP) training, foreign lang | Read what employers said about this issue |
| Financial Services | Educational Partnerships | Some employers already have placement partnerships with specific colleges and universities but would like to strengthen those ties by connecting with professors who can recommend specific students. | Read what employers said about this issue |
| Financial Services | Educational Partnerships | Employers emphasize the importance of continuing current and creating future internship and extracurricular leadership opportunities. Many internship positions can become full-time positions. | Read what employers said about this issue |
| Financial Services | Experience & Credentials | Practical experience in financial services and leadership, whether through internships or extracurricular activities, is extremely valuable. | Read what employers said about this issue |
| Financial Services | Experience & Credentials | Accounting requires a two-year or four-year degree for entry-level positions. Bank tellers do not require a degree, but business majors are needed for higher-level personal banking positions. | Read what employers said about this issue |
| Financial Services | General Skills | Interviewing skills are often lacking in candidates. | Read what employers said about this issue |
| Financial Services | General Skills | The field of financial services is constantly evolving and requires that new hires are proactive in their learning, are flexible, and have strong critical-thinking skills. | Read what employers said about this issue |
| Financial Services | General Skills | Employers are looking for accounting candidates who have the ability to understand the full process of accounting systems and provide oversight. | Read what employers said about this issue |
| Financial Services | General Skills | Employers are seeking new hires with high levels of professionalism and work ethic. | Read what employers said about this issue |
| Financial Services | General Skills | Employers are looking for new hires with leadership and project management skills. | Read what employers said about this issue |
| Financial Services | General Skills | There may be generational differences in expectations regarding work-life balance. | Read what employers said about this issue |
| Financial Services | General Skills | For both accounting and personal banking positions, strong customer service and sales abilities are essential. | Read what employers said about this issue |
| Financial Services | General Skills | Employers are looking for hires with strong interpersonal communication (including teamwork) and writing skills. | Read what employers said about this issue |
| Financial Services | Industry Trends | While more customers are banking online, the demand for bank tellers in local branches and call centers still exists. Personal bankers, however, now take on sales associate roles as well. | Read what employers said about this issue |
| Financial Services | Industry Trends | In public accounting, more clients are doing business internationally, requiring knowledge of international tax laws. | Read what employers said about this issue |
| Financial Services | Needs & Challenges in Continuing Education | There is a need for incumbent training around verbal communication, sales, and writing. | Read what employers said about this issue |
| Financial Services | Occupation-Specific Skills | Knowledge of 401(K)s, personal trusts, Employee Stock Ownership Plans (ESOPs), etc. is needed for those entering banking in trusts. | Read what employers said about this issue |
| Financial Services | Occupation-Specific Skills | Some respondents say that cross-cultural skills are in demand (including bilingual abilities for those in service positions and knowledge of various tax laws for accountants) while others feel it is not of high importance. | Read what employers said about this issue |
| Financial Services | Occupation-Specific Skills | Higher-level math skills (e.g., calculus, statistics, etc.) and computer programming skills are necessary in both accounting and banking positions, especially for those who would like to enter management positions. | Read what employers said about this issue |
| Financial Services | Occupation-Specific Skills | New hires are often lacking proficiency in Microsoft Office programs, particularly Access and Excel, which employers are seeking. | Read what employers said about this issue |
| Financial Services | Occupation-Specific Skills | Employers mention that candidates with a variety of both general and occupation-specific skills are most marketable. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | Employers speak positively about the general and technical skills of new hires. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | New job classifications and titles are needed to reflect changes in the industry. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | There is high turnover within public accounting as more experienced employees move to the private industry for higher pay. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | Many employers are having difficulty filling openings, particularly higher-level positions requiring more experience. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | Employers speak of the aging workforce, expressing concern about succession planning in the banking industry. Employers are open to hiring retired workers seeking a career change and more flexible hours. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | An employer says there is an adequate supply of entry-level employees. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | One employer says there is not a high demand for actuaries. | Read what employers said about this issue |
| Financial Services | Workforce Trends & Challenges | The banking industry differs in greater Minnesota and the metro area. | Read what employers said about this issue |
