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Financial Instances: After i first began overlaying finance for the FT, I used to get embarrassed when requested about my tutorial previous. As one banker instructed me; the only qualifications that really commanded standing were those linked to economics, maths, physics and other "hard" sciences - or, at a pinch, an MBA. Before I turned a journalist, I did a PhD in social anthropology, a department of social science that endeavours to grasp the cultural dynamics of societies primarily based on grass-roots analysis. Back in the pre-credit crisis days, bankers tended to think about degrees in anthropology to be slightly "hippy". It has also been evident that a grasp of cultural dynamics is crucial in understanding how trendy finance works - or doesn’t. Not anymore. As the monetary disasters of the previous two years have unfolded, it has become painfully clear that bankers placed far a lot religion on their quasi-scientific fashions.

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