Islamic Finance Consultancy: An Eaglemont Career Book for Students
By Paul McNamara and Daud Abdullah
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About this ebook
This Eaglemont Career Book on Islamic finance consultancy aims to paint an accurate and in-depth picture of the good, the bad and the downright challenging aspects of the work to give the reader the best possible picture of what lies ahead if they decide to pursue a career path that takes them towards this destination. The intention throughout the book is to answer the same questions that jobseekers and students might ask themselves.
Paul McNamara
Paul McNamara is an editor and journalist with over 20 years’ experience. His career includes spells with the Financial Times, Euromoney, BRW Media, Asia-Inc, Private Equity & Hedge Funds Middle East and Banker Middle East. He has a specialization in Islamic finance, the Middle East banking and finance industry, GCC capital markets, wealth management and the world of interest rate securities.
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Book preview
Islamic Finance Consultancy - Paul McNamara
An Eaglemont Career Book
Islamic Finance Consultancy
By
Paul McNamara
Daud Vicary Abdullah
Copyright
© Paul McNamara
Published by Eaglemont Books, 2016
WWW.EAGLEMONTBOOKS.COM
All rights reserved.
This book may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that which it is published, without the prior consent of the Publishers. Neither the publisher nor the author make any legal representation or warranty with respect to the contents of the book, and they do not accept liability for any inaccuracy in the material in the book. Any materials or graphics used in this work are used on a Fair Use basis in order to explain concepts and demonstrate usage only.
Smashwords edition
TABLE OF CONTENTS
00 - Series introduction
00 - Volume introduction
01 – Background check
02 - Where the jobs are
03 - What type of person makes the best Islamic finance consultant?
04 – Getting started
05 – From generalist to specialist
06 – Building a personal brand
07 - Ongoing training
08 - Mid-career prospects and outlook
09 - Thriving in an atmosphere of excellence
10 - The view from the top
11 - Some final thoughts on a career in Islamic finance consultancy
Appendix 1
Appendix 2
Appendix 3
About the authors
00 - Series introduction
Eaglemont Career Books for Students
Students and aspiring young Islamic financiers have never had it so tough.
Around the world, workforces in all kinds of areas of finance are shrinking, from banking to insurance, brokerage to wealth management. Recent headlines in the media have bemoaned the fact that many former office blocks in the City of London, the undisputed capital of world finance, have been converted into residential units. There is simply less demand for office space from banks these days because they do not need to accommodate so many people.
There is a continuing trend seen of big banks and insurance companies cutting their head count and we are faced with the picture of a shrinking financial services landscape and fewer jobs all round. In part this is a backlash against ‘big banks’ in the aftermath of the global financial crisis that first rocked the world in 2008. In part it is the seamless shift from people-based jobs to technology-based jobs. Computers, robots and algorithms are replacing us all and finance is suffering just as much as every other sector.
The Islamic financing sector, being younger and also generally centred in less developed markets, is affected slightly less acutely than its conventional counterpart but it is not immune. Islamic banks are feeling the pinch. There are simply fewer jobs going around and those that do exist are being fought over more aggressively than ever before: old hands are hanging on by the skin of their teeth and new hopefuls are pulling every trick in the book to secure that opening. It does not make for a relaxing environment.
Eaglemont Books has decided to try to help aspiring young job seekers in Islamic finance