Financial whiz

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    Mike R

    In most, if not all, human organization and certainly in business, somebody needs to keep track of the money. Capital needs to be raised, allocated, distributed and then measured both for the purpose of running the organization itself and also in order to report to the relevant authorities, shareholders and other interested parties.

    Automation and artificial intelligence are changing some of the details of this function but the essential role is future proof. A former student has, for example, launched a company that provides an AI which reads and processes invoices thus reducing the number of people needed in most firms by 80%. Someone, however, needs to set the policy about which supplier should be paid and how soon.

    Finance, in many ways, is the language of business and there will always be demand for people who are fully fluent in it.

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