Inspiring Children to get into Finance

Finance is a field that offers a wide range of opportunities for those interested in pursuing a career in the industry. However, many children may not be aware of the exciting career prospects that finance offers, and may not consider it as a viable career option. To inspire children to get into finance, it is important to educate them about the benefits of the field and how they can apply their interests and skills to succeed in finance.

One way to inspire children, especially girls, to get into finance is by emphasising the connection between finance and STEM (Science, Technology, Engineering, and Mathematics) subjects. Girls have traditionally been underrepresented in STEM fields, and this lack of representation can lead to the perception that these fields are not meant for them. How wrong they are!

By showcasing how finance relies on STEM subjects, children can see how they can use their strengths in these areas to pursue a career in finance. For example, finance professionals use data and analysis to make informed decisions, and this involves a solid understanding of mathematics, statistics, and computer programming. By demonstrating the real-world applications of STEM subjects in finance, we can inspire children, especially girls, to see the relevance and potential of these subjects in their future careers.

Another way to inspire children to get into finance is by highlighting the diverse range of career choices that the field offers. Many children may only be familiar with the traditional finance roles, such as investment banking or accounting, and may not realise the variety of career paths available.  There are so many!

For instance, children can learn about the role of financial analysts, who provide insight and advice to companies and clients about investment decisions, or financial planners, who help individuals make informed decisions about their personal finances. Other careers in finance include accountancy and computer software to manage business accounts.  In recent years this has become an increasingly exciting field with the development of cloud accounting.

By presenting these different options, children can see how they can tailor their career to their interests, skills, and passions. This approach can help them feel empowered to make informed decisions about their future career.  They could look to large accounting companies such as Sage for long term career prospects and excellent training. Companies such as Sage have an excellent reputation for being great to work for and also for businesses to work with, partly due to their excellent sage cloud accounting support.

Finally, schools can play an important role in inspiring children to get into finance by incorporating finance-related subjects into their curriculum. For example, schools can offer courses on financial literacy, which can teach children about managing personal finances, such as saving, investing, and budgeting. Additionally, schools can provide opportunities for children to participate in financial competitions, such as stock market simulations, that can simulate real-world investment decisions.

By offering these opportunities, schools can provide children with a practical understanding of finance and instill in them the importance of financial management.

In conclusion, inspiring children to get into finance is about providing them with the knowledge and resources to see the relevance and potential of the field. By emphasising the connection between finance and STEM subjects, highlighting the diverse range of career choices, and incorporating finance-related subjects into the curriculum, we can inspire children to see finance as an exciting and rewarding field.

By doing so, we can encourage the next generation to pursue careers in finance, which can help drive economic growth and promote financial literacy.