Finance is one of the most sought after industries to work in, and it’s no mystery why. The pay is fantastic, the work is interesting, and the culture surrounding is entirely unique. The problem is, entering the workforce is no walk in the park. It’s difficult, time-consuming, and often frustrating. Still, people do it every single day, and so can you. We explain how in the following passages.
1. Learn, Learn, and Learn Some More
As an entry-level professional, you need to soak up as much information as you can. That includes during college, in post-graduate educational courses, or at an internship. No matter how experienced you are, there is always more room for growth in the financial sector. If you really want to thrive in it, you should always be learning.
2. Obtain the Right Skills
Between interviewing, working in teams, writing up reports, and using various pieces of software, thriving in the financial sector requires a variety of skills. Developing these abilities as much and as early as possible will go a long way in making you a valuable employee.
3. Gain Experience
Education is crucial, but it’s really only half the battle. Getting a job in the finance sector means building up your resume with more than just a degree. Try to expand your expertise by working internships, taking part in clubs, and amassing other achievements.
4. Optimize Your Resume & LinkedIn
Once you become a valuable prospect, you’ll need to communicate that value to employers. The best way to do so is with a fantastic resume and LinkedIn profile. Some basic tips include adding all relevant information, being concise, and turning on the “Open to Opportunities” option in your settings.
5. Improve Your Interview Skills
If you have an excellent track record and a resume that shows it, you’ll start to get interviews. This is the most important step in the process and one you should not take lightly. Being personable and speaking clearly is absolutely crucial in nailing your interviews and getting hired. A great way to build those skills is by practicing them with educators or professionals.
6. Work as an Intern
According to a 2014 survey by the University of California, financial sector hopefuls who do not work as interns will have a much harder time breaking into the industry. As a result, we recommend securing these positions as early and often as possible. Whether you’re still in college, a fresh graduate, or a person changing industries, being an intern is a surefire way to improve your chances.
7. Don’t Give Up
At some point, a great company is going to give you a chance. Your breakthrough is coming, but you’ll only make it there if you refuse to give up. Getting a job in the finance sector is tough. There’s no doubt about that. Still, if you work to become the best possible candidate, you will find the perfect job. We hope this article has brought you one a small step closer to making that goal a reality.
About the New York Institute of Finance
The New York Institute of Finance (NYIF) is a global leader in professional training for financial services and related industries. NYIF courses cover everything from investment banking, asset pricing, insurance and market structure to financial modeling, treasury operations, and accounting. The New York Institute of Finance has a faculty of industry leaders and offers a range of program delivery options, including self-study, online courses, and in-person classes. Founded by the New York Stock Exchange in 1922, NYIF has trained over 250,000 professionals online and in-class, in over 120 countries.
See all of NYIF’s training and qualifications here.
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