Some of the best finance career advice for recent graduates

To have a lucrative career in the financial sector, keep reading this summary for a bit of advice

These days many people are choosing a career in finance, as individuals like Peter Orszag of Lazard would certainly know. If you wish to know how to get into the finance industry, one of the top pieces of advice is to focus on gaining practical experience. Since financial positions are so in-demand, it's vital that your application stands out. One way to distinguish yourself is by accumulating experience, such as a summer internship program, a part-time job or a voluntary placement. Even if only handling admin tasks, this is still invaluable experience that will certainly give you an idea into the world of finance. This work experience provides valuable insights into how financial institutions run, along with teaching you how to apply your academic knowledge to real-world scenarios. Moreover, many recruiting managers utilize internship placements to identify potential and hire talented graduates, which is why it is one of the most recommended routes into the finance sector.

The dynamic industry of finance supplies a range of career options, as individuals like William Jackson of Bridgepoint Capital would certainly validate. Whether you have aspirations of entering into private equity, banking or fintech, it is essential to have a clear understanding of how to start a career in finance. As a starting point, the initial step towards a financial career is composing a curriculum vitae that highlights all your relevant credentials, achievements and skills. Employers in the financial sector look for prospects that display evidence of reliable numerical ability, attention to detail and a thorough knowledge of financial systems and markets. Having an university diploma in finance or economics offers a solid foundation that many hiring managers look for, although it is equally click here crucial to emphasize both your specialist skills and soft skills. When creating your CV or making job applications, ensure to concentrate on your ability to analyse datasets, solve problems and be a team player. By having an organised, professional and informative CV, it makes you much more likely to be selected for a finance job interview later in the application procedure. Once you have an interview for a finance business, you are a lot closer to starting a career in finance.

Essentially, breaking into the finance industry is just the beginning. The real lessons come once you have earned your spot at a financial firm, whether it's an entry-level role in data analytics or a trainee program. It is how you take advantage of these opportunities that will dictate your success in your field. Simply put, being open to learn new things, volunteering for extra tasks, asking questions and offering suggestions and supporting your colleagues demonstrates your genuine passion for the position. Proving your hard work and willingness will certainly enable you to go very far in the financial sector, as people like Jonathan Sorrell of Rathbones would concur. This is why one of the best tips for working in the finance industry is to network as much as possible, so that you can broaden your professional circle and build a positive reputation, whether this is by participating in industry events, joining professional associations or connecting with finance experts on online platforms.