Technical Skills You Should List On Your Resume
Technical Skills You Should List On Your Resume
Technical Skills You Should List On Your Resume
KEY TAKEAWAYS
Technical skills are sets of abilities or knowledge used to perform
practical tasks in the areas of science, the arts, technology,
engineering, and math.
Technical skills typically require the use of certain tools and the
technologies required to use those tools.
In finance, technical skills may refer to traders and analysts who follow
the procedures of technical analysis, using charts, indicators, and
patterns to generate buy and sell signals.
In most cases, the acquisition of advanced technical skills requires
specialized training or education, which takes both time and
resources.
Technical skill requirements are listed for most career fields.
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Technical Skills
The term can refer to the ability to perform tasks that require the use of certain
tools, whether tangible or intangible, and the technology required to master
their intended uses in a variety of scenarios. In this regard, the knowledge in a
technical skills capacity is seen as practical in nature because it allows an
individual to complete a designated task in a real-world, not theoretical,
manner.
Given the growth of technology within worldwide and local economies, the
need for diverse technical skills and knowledge is likely to continue to grow
into the foreseeable future.
Finance
In finance, sought-after technical skills are more advanced than those in
traditional business and accounting disciplines. Core financial technical skills
include:
Advanced computation
Quantitative analysis
Financial modeling and forecasting
Technical analysis
Technical skills in this context usually refer to an individual who possesses the
knowledge and expertise to complete the mathematical tasks required to
gather historical data, produce a data model set, and perform directional
analysis on the various outputs.
For example, to produce a linear regression model for technical analysis, the
market analyst must have the skills and knowledge necessary to properly
gather the historical data, perform any necessary calculations, and use the
output to generate a visual representation of current and legacy historical data.
Once the linear regression is complete, the market analyst needs to have the
skills and expertise to extrapolate future market activity based on the
directional patterns identified in the model set(s).
Accounting
Akin to finance, accounting requires specific technical skills that extend beyond
basic mathematics. Such skills include:
Research
Financial statements preparation
Accounting software proficiency
Unlike the olden days when paper and pen were used for documentation,
today's accounting professionals rely on a suite of software products, such as
Microsoft Excel, for computing and analysis. Therefore, these workers need an
advanced working knowledge of various software.
Software Development
Software developers must understand and know how to successfully create
programs and applications. To become a software developer, you must be able
to:
Software developers also need to know how to organize and use data to solve
computing problems or simplify processes. Along with data structure, the use
of algorithms helps software developers solve issues. Computers use
algorithms' step-by-step instructions to produce solutions.
Here are five steps to help you acquire or improve technical skills:
Examples of goals for those occupying their desired career might include:
2. Research
Once your goals are established, research what you need to do to accomplish
them. Begin by searching the Internet for the basic and advanced technical
skills of a job. The Internet can provide a wealth of information; however, you
can often glean more from direct interaction. Consider interviewing or
shadowing someone in the field you wish to occupy. Firsthand accounts from
experienced professionals and direct observations can give you more insight
than what can be gathered online.
Create categories and list all the associated skills that fall within each. For
example, under the Certification category, you could list Lean Six Sigma or
Prosci Certified Change Manager. Some skills are more important than others.
Consider listing them in order of importance. Spreadsheet programs, such as
Microsoft Excel, are great tools to organize your lists.
Some skills can be acquired on the job, whereas some must be obtained
through a formal program or training. If the latter, enroll in the program that
helps you develop the skills needed and accommodates your lifestyle.
FAST FACT
Some employers offer training courses to help their employees
develop technical skills.
Sometimes, you may have enough critical technical skills to qualify for a job or
promotion. Many employers will invest in skill development for the right
candidates. Explore what the employer will do to help you develop your skills
before undertaking expensive and time-consuming training and academic
programs.
Many employers look for basic technical skills like data analysis, management,
accounting, project management, and marketing. Highly-specialized jobs may
require specific technical skills that the applicant must possess to qualify.
Not every technical skill listed in a job requisition is required. However, the
more skills you have, your chances for selection are better. The right technical
skills show the employer that you have what it takes to perform the job.
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Related Terms
Hard Skills: Definition, Examples, and Comparison to Soft
Skills
Hard skills are technical skills required for a job. Employers look for them when hiring.
more
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