Table 1Transition record

business economics researchertocommodity trader

A business economics researcher already meets 36% of what the commodity trader role asks for. The move turns on 8 required skills not yet in the profile.

From business economics researcher

36%

Overlap1

To commodity trader

9 Skills carried over

8 Required, not held

59.6 Difficulty2

Career overlap Distant match

36%

Learning distance Substantial retraining

59.6/ 100

adjacentmoderatesubstantialcareer change

1 Share of the commodity trader role’s weighted skill requirement already met by the business economics researcher profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Why

Why this move works

A commodity trader role treats 5 of its required skills as things a business economics researcher already does. These are the ones it depends on most.

analyse economic trends
analyse market financial trends
commercial law
economics
financial markets

What stands in the way is 8 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 9 skills that carry over, these are the ones fewest other occupations ask for. A commodity trader role needs them, and most people applying for one will not have them already. This is the part of a business economics researcher background worth leading with.

Skill the target role also needs Area

already held forecast economic trends information skills
already held analyse economic trends information skills
already held commercial law business, administration and law
already held financial markets business, administration and law
already held financial forecasting business, administration and law
already held international business business, administration and law

All 9 carried skills, including the 5 the commodity trader role treats as required.

Table 3

Table 3 · What you would need to learn

The 18 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier

01 business, administration and law 2 required, 3 supplementary

required, not held financial jurisdiction required
required, not held international trade required

optional, not held international commercial transactions rules optional
optional, not held banking activities optional
optional, not held financial products optional

02 communication, collaboration and creativity 2 required, 3 supplementary

required, not held negotiate sale of commodities required
required, not held negotiate with stakeholders required

optional, not held negotiate sales contracts optional
optional, not held negotiate buying conditions optional
optional, not held negotiate price optional

03 information skills 2 required, 2 supplementary

required, not held analyse financial risk required
required, not held perform financial risk management in international trade required

optional, not held maintain records of financial transactions optional
optional, not held trace financial transactions optional

04 management skills 1 required, 1 supplementary

required, not held handle financial transactions required

optional, not held operate financial instruments optional

05 information and communication technologies (icts) 1 required

required, not held trading software required

06 natural sciences, mathematics and statistics 1 supplementary

optional, not held actuarial science optional

Table 4

Table 4 · Where to start

The 3 entries a commodity trader role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 9 skills that carry over

Skill Type

already held analyse economic trends skill
already held analyse market financial trends skill
already held commercial law knowledge
already held economics knowledge
already held financial markets knowledge
already held financial forecasting knowledge
already held forecast economic trends skill
already held international business knowledge
already held statistics knowledge

10 supplementary skills, helpful but not required

Skill to acquire Tier

optional, not held actuarial science optional
optional, not held international commercial transactions rules optional
optional, not held negotiate sales contracts optional
optional, not held banking activities optional
optional, not held financial products optional
optional, not held maintain records of financial transactions optional
optional, not held negotiate buying conditions optional
optional, not held negotiate price optional
optional, not held operate financial instruments optional
optional, not held trace financial transactions optional

24 held skills the commodity trader role does not ask for

Skill Type

not needed by the target role advise on economic development skill
not needed by the target role analyse financial performance of a company skill
not needed by the target role apply scientific methods skill
not needed by the target role apply statistical analysis techniques skill
not needed by the target role assess risk factors skill
not needed by the target role business analytics knowledge
not needed by the target role business management principles knowledge
not needed by the target role conduct qualitative research skill
not needed by the target role conduct quantitative research skill
not needed by the target role consider economic criteria in decision making skill
not needed by the target role digital data processing skill
not needed by the target role execute analytical mathematical calculations skill
not needed by the target role financial analysis knowledge
not needed by the target role fundamental analysis knowledge
not needed by the target role management consulting knowledge
not needed by the target role mathematical economics knowledge
not needed by the target role mathematics knowledge
not needed by the target role monitor national economy skill
not needed by the target role operational research knowledge
not needed by the target role provide cost benefit analysis reports skill
not needed by the target role quantitative analysis knowledge
not needed by the target role use business simulation tools skill
not needed by the target role write research proposals skill
not needed by the target role write scientific publications skill

7 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier

required, not held trading software required
required, not held financial jurisdiction required
required, not held international trade required
optional, not held actuarial science optional
optional, not held international commercial transactions rules optional
optional, not held banking activities optional
optional, not held financial products optional

Index

Other moves recorded from business economics researcher

Full index of moves from business economics researcher

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.