Take private lessons with a finance tutor in the UK

Finding the Perfect Finance Tutor

When you study finance as a subject, you essentially study numbers and money. It's a good subject to study if you're interested in accounting, business, management, economics, or other financial or corporate careers like business analysis, stockbroking, or banking.

It's a good subject to study in terms of career prospects, but let's look at why you should study it, the challenges you'll face when you do, what you can learn about finance at school, and how private tutors can help you to study finance or accounting.

Why It's Important to Study Finance

Finance and accounting are similar subjects with a lot of overlap so we'll essentially be looking at both of them together since whether you study finance, accounting, or accounting and finance, you'll have modules in both subjects. No matter what your degree is called, you should study finance formally as it'll help you walk into a job.

Around 95% of finance and accounting graduates find work within six months of finishing their degree, the career prospects for these courses are exceptional. Furthermore, the starting wage for someone straight out of university with a finance degree is around £22k a year.

Finance is also a field that likes experience and qualifications so if you're interested in something like accounting, you'll need to study beyond your degree to specialise in that.

Challenges in Finance

Much like with economics, finance and accounting involve a lot of maths and if you struggle to understand numbers, you're going to find these courses difficult. A maths A Level isn't always a requirement when applying for finance degrees, but it and similar subjects like statistics can certainly help with getting you onto the course.

Finance is also quite a dry subject and a lot of the topics taught can be difficult to understand if you're a hands-on learner. Of course, a good teacher or tutor will always bring the subject alive, but if you prefer subjects where you're up and moving around, finance mightn't be right for you.

Areas of Finance Studied at School

Before students can study finance and accounting as part of their university degree, they may want to see if the financial world is right for them by studying related subjects at school. Secondary school education is quite broad so students interested in finance will probably need to learn about it through other lessons.

Their maths lessons will cover some of the numerical concepts involved with finance but a Business GCSE is a good place to learn about management, finance, and accounting before moving onto a Finance A Level.

During a Business GCSE course, students can learn about business in the real world, business operations, human resources, marketing, and finance. As part of the latter, 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.

From there, they can move onto their Finance A Level and then onto a degree course.

Private Finance Tuition

Whether you want to learn more about finance outside of school, college, and university or need help with finance courses, a private tutor is a great way to learn. Unlike in your typical lessons where you may just be a face in a crowd, a private tutor will ensure that the learning experience is tailored to you and how you like to learn.

Even the best teachers in schools and universities struggle to adapt their courses to the students as they have too many of them and not enough time to prepare lessons and provide their students with the support they need and deserve. Of course, this is more the fault of the system than the teachers themselves but it's still a problem.

Private tutoring for business studies, economics, finance, and accounting can help the student to better understand the topics by working closely with them and taking their level, experience, and personality into account.

There's also the convenience that tutoring offers. You can pay thousands for a university course and despite feeling like a paying customer, it's not like the university will schedule lessons around times that suit you, teach you from the comfort of your own home, or provide much support outside of your lessons.

Finding a Finance Tutor

If you're looking for finance, business, or corporate management tutors, search for them on the Superprof website. You can view each tutor's profile and compare their experience, education, fees. You can also read reviews left by their other students and see if they offer the first hour or lesson for free.

You can use the free lessons to try out several potential tutors before deciding on the one that's right for you or your child. There are different types of tutoring available, too, so you'll need to think carefully about which learning experience is best for you and your budget.

Face-to-face tutoring is between a single student and their tutor and often the most expensive type of tutoring available. Of course, you'll often be paying for the convenience of the tutor coming to you, planning lessons around you, and focusing on one student throughout the whole lesson. This means that while costly, face-to-face tutorials are often very cost-effective.

Online tutoring is often a cheaper option as the tutors don't have to pay for transportation and can schedule more lessons each week as a result. As they'll be teaching you via webcam, this type of tutoring is better suited to academic subjects like finance, maths, and study skills, but there are some skills and subjects you'd be surprised you can learn with an experienced online tutor.

Finally, there are group tutorials. While group tutorials don't have the benefit of being between just the tutor and a single student, they can be useful for small groups of students, especially if they're all on the same course, at a similar level, or wanting to learn the same thing. A group of colleagues, friends, or classmates can still enjoy a lesson that's somewhat tailored to them at a fraction of the price as they'll be sharing the cost of the tutor's time and expertise.