How Knowledge of Finance can help your Engineering Career

Knowledge in finance is extremely important for all engineers, regardless of whether your job title includes management. Financial knowledge can help engineers who supervise projects and provides strategic direction.

For those engineers who are in management, understanding finance can be central to a business’s future. We’ve put together three reasons why engineers should consider studying finance to help them further their career.

1. The first reason engineers should opt to study finance after engineering is to allow them to enhance and diversify their knowledge. Today, many companies will want to employ people who have dual degrees. Engineering and finance degrees is hugely beneficial and will be preferred by domestic and multinational companies.

2. Engineers will often run into a good amount of mathematical and analytical problems. Those who have opted to study finance after engineering can be sure that they will pick up on these issues faster than others, helping them to overcome a multitude of problems.

3. Engineering students will often be taught theoretical and practical problems but are less likely to be taught soft-skills, like communication, maths and team work. However, soft-skills are hugely vital to the success of an engineer’s career, so learning them along the way can help individuals to stand out from the rest.

4. The money earnt by engineers who have also gained a qualification in finance can be higher than those who have not. Many big businesses and companies will prefer to employ someone who has more extensive knowledge in a range of skills.

At GET, we have been providing work-based learning in engineering for over 40 years! We know what it takes to train students to become engineers. Whether you’re looking for an apprenticeship or are interested in any of our other courses, you can get in touch with the GET team today for more information!