Starting a career in the financial industry is becoming an increasingly popular choice for newly qualified graduates who are looking for a rewarding career and the chance to earn a lucrative salary. In an industry with such high competition, knowing what you need to do to begin your career can sometimes prove to be difficult. For anyone looking to enter into the world of finance, whether it be the personal, public or business sector, here are few practical steps to help you kick start your career and achieve your long term ambitions.
If you haven’t already gained work experience, completing an internship at a reputable finance company can help you get your foot in the financial door. Work experience can help you learn a range of beneficial competencies, including analytical, numerical and interpersonal skills. While any type of internship is advantageous, working at a smaller firm will allow you to gain a broader range of experience and a more in-depth insight into financial planning than you would at a larger firm, where you would likely be given a role with less responsibility.
Perhaps the best way to prepare yourself for a professional career in finance is to attend a recognised training course offered by firms such as Simply Academy. Comprehensive training courses are designed to help you reach that next level in financial and mortgage advisory by preparing you for your examinations. Even if you already have a degree, training for a further diploma or certificate will allow you to specialise in your chosen area and provide you with the fundamental skills and knowledge to start you career in the direction you want.
Holding a professional qualification in your chosen field of financial practice is an impressive credential to employers as it demonstrates that you have a keen interest in the industry – the better qualified you are, the more likely it is that you will be recruited by a reputable firm. CeMAP, DipMAP, CeFAP and DipFA are amongst some of the most sought-after qualifications in the industry and can be completed in person or online in your own time.
Have a strong CV
It might sound obvious, but once you have gained all the necessary experience, it’s important that you have a CV that makes you stand out from the crowd. Even if you have a highly regarded degree, there are a variety of training opportunities that can help you gain more exposure in the financial world. Your CV should be tailored to the specific job you are applying for and contain all the information needed to highlight why you are the ideal candidate for the role.
A career in finance involves offering advice to people on a daily basis, whether it be private or corporate investors, with the aim of helping them meet their financial objectives. Practical, hands-on experience in interpersonal relations and relevant extracurricular achievements in financial planning are therefore as important as qualifications when it comes to boosting your CV. To strengthen your position during the recruitment process, you should draw attention to transferable skills you have gained and use examples to demonstrate how you are professionally qualified.