5 REASONS WHY YOU SHOULD STUDY FINANCE

If you find finance intimidating, you’re not alone. When many people think of finance, they envision Wall
Street high-rises, fancy suits, and frantic stock tickers.

But it doesn’t need to be intimidating. In fact, anyone can—and should—have a basic understanding of
finance.

Here are five reasons why finance is essential knowledge for all professionals, regardless of their role,
industry, or seniority level.

WHY YOU SHOULD STUDY FINANCE

1. Finance Is Ubiquitous

It doesn’t matter if you work in tech or education, consulting or advertising. Your company needs cash
flow to do things like pay everyone’s salary, distribute dividends, and reinvest in product innovation.

Even if you don’t manage a budget yourself, finance is at the core of business decision-making. If you’re
pitching a project or angling for additional funding, understanding and being able to communicate how
you can turn that investment into revenue for your organization will help you make a more convincing
argument.

Related: The 4 Finance Skills Every Leader Needs No Matter Their Industry

2. Finance Will Help Your Resume Stand Out

If you're looking for ways to differentiate your resume, finance is a good place to start. Especially if
you’re entering the workforce as a young professional without extensive experience, showing you have
business knowledge before you’re even in the field can make you a more attractive candidate. This is
particularly relevant in non-finance fields, where financial education is less common but no less
fundamental to running a successful business.

For example, if you’re hoping to land a managerial position, having an understanding of finance can
demonstrate key competencies to employers. Managers with finance skills are able to better understand
their team’s impact on the overall company and make well-informed business decisions.