Finding a Job in the Finance Industry
Different skill-sets are required for the wide range of different jobs in the finance sector and your individual skills will develop and evolve throughout your career as you gain more experience. There are a number of options for securing a job in the finance industry: attain general qualifications such as a degree in economics, finance or business and then search for a job, attain qualifications specific to a particular job sometimes referred to as industry training or research job opportunities before embarking on an educational or training pathway
Here are a few ideas for you to consider:
- For school leavers seeking a career in finance, it can be helpful to assess the demand for different roles and discuss with career advisors where the best job opportunities will be at the point in the future when you will graduate.
- Many of the major accounting firms such as Deloitte Touche Tohmatsu, Ernst & Young, KPMG and PricewaterhouseCoopers, banks and major investment companies and other big firms will offer internships and traineeships. Internships are sometimes via invitation and sometimes via application. Searching company websites for details.
- Career expos and events are good opportunities to discuss opportunities and options with employers and employer groups.
- Research the day to day activities of jobs you are interested in and evaluate if you have the right interpersonal skills, temperament and other personal traits that suit such a role. Eg do you prefer to crunch the numbers or meet and engage with people one-on-one?
- Recruiters will seek out specialised people for specialised jobs. So many senior roles are not necessarily advertised.
- Online job platforms are the usual way that most people search for jobs. If applying online, make sure your CV is up to date, presented in the standard industry format and that your cover letter and application fully answer all the criteria.
- If you are attending a university, many alumni assist undergraduates with job opportunities.
- For those already working in finance and wanting to change jobs, personal networking can be the ideal way to source new opportunities. Stay up to date with industry association membership and news.
- Go direct. If you have a particular company that you would like to work for, refer to their website for job opportunities. Most companies will advertise job opportunities on their websites.
- Unsolicited applications. Some people will send their CV directly to the HR department or individual personnel at companies they want to work for even though no job has been formally advertised. This approach can have mixed results. Some companies do not like such approaches as they feel it wastes their time while others will consider such applications. It can be bold but it can work. It will depend on the company.
Whichever way you find your job in the finance industry, make your CV is first class and your cover letter clearly addresses the job criteria.