Numeracy
Numeracy is the ability to understand and work with numbers, including skills like basic arithmetic, data analysis, and statistical reasoning.
Benefits for financial services professionals
- Accurate Financial Analysis: Helps in analysing financial statements, budgets, and investment portfolios .
- Risk Assessment: Enables professionals to evaluate and manage financial risks effectively by understanding probabilities and statistical data.
- Informed Decision-Making: Supports making data-driven decisions by interpreting trends and financial indicators.
- Effective Communication: Facilitates clear communication of financial information and insights to stakeholders and clients.
Tips for Improvement
- Practice regularly with numerical problems.
- Take online courses that focus on statistics and data analysis.
Explore Skills in financial services
Whether you’re just starting out, or as you develop further in your career, it’s very important that you continue to learn and develop your skills. Developing knowledge and skills will help boost your confidence, pursue new opportunities and have an exciting and rewarding career journey.
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The skills demand and trends in our sector.
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