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Finance Finland FFI > Financial Services > Financial education

Many roads lead to the financial services sector

There are several different ways to specialise into financial services. The sector employs skilled professionals from many different backgrounds. The Vocational Qualification in Business and Administration is the most direct training programme to the sector.

The Finnish education system starts with compulsory basic education, after which individuals can opt for general or vocational upper secondary education. Upper secondary education can be followed by higher education at a university or polytechnic or even both.

 

Financial sector qualifications

The most essential financial sector degrees include the Vocational Qualification in Business Administration (2‒3 years), Bachelor of Business Administration (3 years), and Master of Science in Economics and Business Administration (5 years). People aiming for the financial sector often include a wide range of economic studies in their degrees, combining finance, investment, and insurance.

Education programmes are continuously developed further to respond to the changing needs of working life and the economy. The sector seeks to influence curriculums and study materials through national and international cooperation.

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The sector’s own training programmes

The financial sector also offers its own qualifications that are not included under the official nation-wide framework enacted by the Finnish National Board of Education. These additional qualifications include the following:

  • Insurance Examination (VTS) and
    Advanced Insurance Examination (YVTS),
  • General Securities Qualification (APV1) and
    Investment Advisor Qualification (APV2),
  • Certified European Financial Analyst (CEFA) and
    Certified Financial Analyst (CFA), and
  • Certified International Investment Analyst (CIIA).

Jobs in the financial sector

The most typical job descriptions in the financial sector are service advisor, analyst, claims handler, economist, insurance advisor, bank manager and pension advisor. The sector is not restricted to those with financial qualifications, however: it also employs many IT specialists, Masters of Science in Technology, and Masters of Law, among others. Employee competence is highly valued and continually developed further with training. 

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