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To put it as simply as possible, finance is about studying numbers and money. Of course, there's a lot more to it than that, but if you're interested in working in accounting, business, management, economics, or becoming a business analyst, stockbroker, or banker, then you'll probably want to study finance or accounting to at least degree level.
Let's see why you should be studying finance, the challenges you may face when you do, what you can learn about finance, business, and accounting in school, and how private tuition can help students and professionals to better understand finance.
If you study finance at university, you'll probably do it via a finance, accounting, or finance and accounting degree so we'll not worry too much about the terminology here. What we can say is that any of these degrees come with excellent work prospects and there are a lot of careers you can do with a finance degree.
The finance degree, however, is just the beginning. For certain lines of work, like accounting, you'll need to continue your studies after your finance or accounting degree and get specific qualifications to become an accountant. Make sure you see what qualifications you'll need as you may be able to bypass a finance degree. That doesn't mean you shouldn't study finance, it just means you'll be studying a specific branch of it through a different type of qualification.
As for those who do study for a finance degree, 95% of them find work within six months of graduating. Getting a job is all well and good, but these graduates also start on around £22k a year, making finance and accounting degrees some of the most lucrative for graduates.
As with economics and other financial fields of study, finance and accounting can be challenging. For one, these subjects rely heavily on maths and numbers so if you struggle with numeracy skills, you may want to either reconsider studying finance or looking for private tutors or academic support to help you.
Finance can also be quite a dry subject and for students who prefer active hands-on learning, finance and accounting may struggle to pique their interest. That said, a really good teacher or tutor can always bring their subject alive no matter how boring it might look on paper but you will want to make sure that you have some interest in the subject itself before you start considering 3-year long courses in it!
Fortunately for many students, there are opportunities to learn about finance and accountancy before committing to a university course. At school, students can learn about finance both at GCSE and A Level. While there isn't a dedicated GCSE to finance and accountancy, secondary school students can opt for a GCSE in Business to learn a bit about it.
The Business GCSE course also covers business in the real world, business operations, human resources, marketing, and finance. As for the finance part, they'll learn about sources of finance, business growth, cash and cash flow, financial terms and calculations, and analysing the financial performance of a business.
If they found the finance part interesting, then they can fully commit to it by studying a dedicated Finance A Level and then move onto a degree. It should be noted that a lot of universities will accept students without a Finance A Level since they're not readily available. However, they like applicants with an A Level in maths.
Private tutors are a great way to learn about finance, economics, management, business, accountancy, or banking. Whether you're a student or a professional, a private tutor can help you when it comes to learning about a variety of subjects and skills.
Students on GCSE, A Level, or degree courses can get help with their studies, revision, and a tailored learning experience to make the time spent studying more effective.
Professionals, on the other hand, can be taught new skills to get promoted at work, change careers, or gain an important qualification in their field.
The important thing about tutoring is that the learning experience is tailored to the student. A lot of teachers have classes with several students, a curriculum they have to follow, and a busy schedule that doesn't give them the time or resources they need to tailor each lesson to each student. This is more a fault of the system than the teacher, but private tutors don't have to worry about this.
Your tutor can teach you what you want in a way that works for you.
If you're interested in private tutoring for you or your child, you can start looking for tutors on the Superprof website. You can find local tutors, but you can also look for tutors all over the world.
Thanks to the internet, online tutoring is often a cheaper way to enjoy a tailored learning experience. While it mightn't be ideal for certain hands-on subjects, academic subjects such as finance, economics, banking, and accountancy can all be effectively taught by an experienced and qualified tutor over webcam.
Don't forget that a lot of the tutors on Superprof also offer the first hour or lesson for free. Use this time to try out a few different tutors before choosing the one that's right for you or your child. You can view their profiles and compare their experience, education, and teaching approach as well as read reviews left by the other students they've taught.
As there's a lot of overlap between finance, economics, accountancy, business, and management, it might be a good idea to search for tutors in all these fields and then get in touch with them to discuss exactly what you want to learn and find out whether or not their lessons would be right for you.
Generally, the more experience a tutor has, the more they'll charge for their lessons. However, if you just need to learn the basics, then you might find cheaper tutors by looking to university students working as tutors part-time.
You can discuss directly with your tutor via email or phone. Their contact details are in the left-hand column of the lesson request page. You can then decide with your teacher on the preferred format of classes.
There are a number of possibilities:
A number of tools allow you to exchange via audio and video, as well as to share your screen or your tablet.
10159 tutors offer finance classes online
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The average price for online finance lessons is £10.
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97% of tutors offer their first lesson for free.
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10159 Finance tutors are available here to help you.