Building a successful career in the finance industry requires adaptability, strategic thinking and a commitment to lifelong learning. Early- and mid-career professionals in this field may face unique challenges as they navigate a competitive landscape and evolving market trends.
With the right mindset and guidance, those who want to thrive in the world of finance can position themselves for lasting success. To help, 20 Forbes Finance Council members offer their top advice for young finance professionals looking to advance in their careers.
1. Stay True To Your Word
Don’t wade into politics. Remember, numbers don’t lie. Believe half of what you see and none of what you hear. All you have is your word—don’t jeopardize that for anything. Never ride the highs too high or the lows too low. Nothing good happens after midnight on a school night. – Steven Woods, Stirlingshire
2. Take On As Many Tasks As You Can
Learn as much as you can by taking on as many tasks as possible, and you’ll see two things happen. First, you’ll learn faster than your peers, and second, your leaders will recognize that you are consistently solution-focused. This will give them confidence that you are a reliable, dedicated team member with potential for growth. – Drew Gurley, Redbird Advisors
3. Make Yourself Indispensable
The finance world is changing fast, with AI and digital finance reshaping roles. To stay ahead, continuously upskill, build a strong network and bring fresh insights to the table. Adaptability is key—don’t just wait for opportunities; proactively create them and make yourself indispensable. – Adeel Manzoor, HERE Technologies
4. Focus On Fundamentals
Focus on learning the fundamentals of the job and the industry you are in. Also, identify more senior colleagues with more experience and identify the ones you can look to as a mentor. Learn as much as you can from them about how they solve problems, interact with clients and lead. Not only will you learn a lot from them, but they will also be invested in your personal and professional development. – Chris Scharman, Avtech Capital, LLC
5. Don’t Underestimate The Power Of Networking
Never underestimate the power and relevance of personal connections and networking. Often, the best opportunity can come from an individual or a meeting when you least expect it. Therefore, always be prepared to present the best version of yourself. – Manoj Jain, Maso Capital
Forbes Finance Council is an invitation-only organization for executives in successful accounting, financial planning and wealth management firms. Do I qualify?
6. Continue To Learn
My advice would be to continue to learn. Adapt and embrace the various technological and digital tools—especially AI—as they affect virtually everything we do. Networking is also important to keep abreast of trends in your specific industry and the world in general. Social media has made this easier with LinkedIn and various industry-focused groups. – Richard Okon, St. Nicholas Hospital
7. Know When To Pivot
Take a cue from small business owners and learn to adapt. Knowing when to pivot often outweighs the risks of trying something new. Those who successfully embrace change with an agile mindset have a competitive advantage amongst peers as they rise on the corporate ladder. An entrepreneurial mindset helps in any corporate environment. – Eyal Lifshitz, Bluevine
8. Build Strategic Acumen While Staying Adaptable
Focus on building strong financial and strategic acumen while staying adaptable to evolving technologies and market trends. Develop a personal brand that highlights your expertise, problem-solving skills and ability to drive business success. Network intentionally and seek mentorship opportunities, as relationships and continuous learning are key to long-term growth in finance. – Nike Ajao, OneBarrow Corp.
9. Master Fundamentals (Without Getting Stuck In Them)
Master the fundamentals, but don’t get stuck in them—finance today is about strategy, adaptability and big-picture thinking. Develop technical expertise and sharpen your business acumen and communication skills—the best finance leaders translate numbers into actionable insights. Seek out mentors, stay ahead of technology and think like an owner, not just an employee. – Milica Rajkovic
10. Find The Right Environment
Find an environment where you can truly thrive—one that aligns with your values, challenges you and supports your growth. There’s no one-size-fits-all path in finance, so be honest with yourself about what drives you and seek out a culture that fits. The right environment will push you to excel, while the wrong one will hold you back. Stay true to yourself, and success will follow. – Sonya Thadhani Mughal, Bailard, Inc.
11. Observe And Ask Questions
My advice is to begin by observing and understanding the business. Ask questions to fully grasp your role and how you can contribute to the overall success of the company. Next, prioritize organization—set yearly goals and stay ahead of projects by identifying and solving issues proactively. Finally, leverage technology daily to stay efficient and organized. – Dessy Prasad, RIA Innovations
12. Build Strong Relationships
At the end of the day, finance is still a people business. Building relationships is key to success in this industry. Staying curious can also help you advance your career, motivating you to keep learning. Don’t be afraid to take calculated risks. Another key is to build integrity and transparency into everything you do to set yourself apart. Finally, embrace change and be ready to adapt. – Jared Weitz, United Capital Source Inc.
13. Prioritize Emotional Intelligence
Focus on emotional intelligence. Ultimately, business is about human interaction, and those who can engage with the human experience are uniquely positioned within an industry that left-brain thinkers have long dominated. As you advance in your career, your ability to manage and work within a team is critical. Learn to inspire. – Thierry Brunel, Matter Family Office
14. Obtain Higher Degrees And Advanced Certifications
To expand your knowledge, think about obtaining higher degrees or relevant certifications. Forge connections by participating in industry conferences and becoming a member of professional organizations. Improve your capabilities in data analytics and innovations within fintech. Work on honing your ability to identify and address financial risks. Keep updated on industry developments and be receptive to change. – Pankaj Vasani, Cube Highways InvIT
15. Define Your Purpose And Values
Define your purpose and values early—they’ll keep you grounded. Deliver results, own your actions and stay true to who you are. Build a brand with substance, not noise. Nurture real relationships, seek mentors and stay curious. Use AI to work smarter. Speak with courage, listen with respect and lead with consistency, discipline and hard work—and take care of your wellbeing. – Shivali Kukreja , NIB NZ
16. Find Your Technology Passion
The advice I would give to an early-to-mid-career professional today is to find your technology passion! The biggest impact on the finance world now and into the future will be artificial intelligence and the use of technology, including AI, to make better financial decisions. By finding your passion within that wave, you will find more career opportunities in the future. – Kevin Cohee, OneUnited Bank
17. Develop A Strategic Mindset
In today’s business climate, which is riddled with economic policy uncertainty and slowing global growth, finance professionals should develop a strategic mindset, be proactive and partner closely with business teams. Enhance your data analytics, risk management and sustainable finance skills to drive business success. Stay adaptable and continuously learn to thrive. – Sunayana Gutta, Reddit
18. Avoid Shortcuts In Learning
Take the time to read the research and analyze, even if AI can help. Don’t take shortcuts in learning. Dig deeper with every answer to truly understand the facts and reasoning. This will take more time and effort, but it will be worth it in the long run. AI is a great tool to help those already knowledgeable with experience, but it does not replace that knowledge or experience. – Alvina Lo, Wilmington Trust
19. Develop Leadership Skills Through Strategic Discussion
Develop leadership skills and embrace candid, strategic discussions. Focus on influencing business decisions, not just numbers. Learn to compartmentalize challenges, adapt quickly and prioritize efficiency. Most importantly, build expertise in AI-driven automation and data-driven decision-making to stay ahead in today’s evolving finance landscape. – Razzak Jallow, FloQast
20. Have A Positive Attitude
Have a positive mental approach to your job. We all have good and bad days—life is hard! Take a glass-half-full approach to your job and your interactions with your colleagues. Find the nugget of knowledge or wisdom in everything you do. Try to find three per day. Take a time-out if you find yourself not able to locate those and reset. Practicing a positive approach makes all the difference. – Brian Lindstrom, HealthX Ventures
The information provided here is not investment, tax, or financial advice. You should consult with a licensed professional for advice concerning your specific situation.
