It might seem daunting if you’re a UK student with no finance experience and looking for a job in the sector. However, there’s nothing quite as daunting as doing the job, so don’t let this put you off. The finance sector, in reality, is vast and varied, with many types of analytical and client-facing roles. These become more specific across the different areas of finance, such as investment banking, private equity, hedge funds, consultancy, industry, real estate, asset management and so on. No matter what level of the industry you’re aiming for, the following approaches should help you get your foot in the door.
Start with Your Education
And education begins with you: you should major in finance, economics or business (or a related field), as your four-year degree programme will provide the theoretical knowledge that an actual career in finance requires, as well as opportunities to work on projects and engage in internships. If you aren’t in a finance-related programme, consider taking some courses online further to enhance your knowledge and appeal to prospective employers.
Leverage Internships and Placements
Experience-wise, internships may be just what you are looking for. Many banks and investment companies in the UK offer internship programmes for students. Often, these internships are full-time positions where you will be working part of the day alongside actual company employees, learning about the day-to-day operations of finance industries first-hand. And, even if you don’t get paid, the experience and contacts are invaluable. Ask your career services fellow at the university how to get involved with placement programmes.
Showcase Relevant Skills
Flag relevant skills in your CV. Employers seek candidates with analytical skills, attention to detail, and solid numeric abilities crucial to a finance role. If you’ve done any extracurricular activities related to finance during university, like running a university finance club, chairing a society, or working in a volunteer role involving some budget management, flag these experiences in your CV. Don’t forget that soft skills such as communication or teamwork are essential, too, so flag any experience demonstrating these.
Many students would have better chances of getting a finance job if they get expert assistance crafting an excellent CV. Using a top writing service UK can be a game changer, enabling you to prepare an exceptional professional profile. Moreover, expert writers can help with your academic assignments. It gives you a competitive edge in the finance job market.
Build a Strong Network
Networking is essential to building a career in finance – you can learn how to do it well with these four tips.
- Attend industry events: Look for seminars, workshops, and networking events focused on the finance industry. Attend them and meet people.
- Talk with professionals: Utilise these opportunities to talk to experienced professionals and learn what qualities they value and look for in finance companies.
- Use social media: Network with people in the industry on LinkedIn or follow companies you’re interested in.
- Join networking groups: Join networking groups on social media about finance or business to join discussions and increase your visibility.
The more you engage with these channels, the more likely you’ll reach out to people who can provide work and insight into finance.
Prepare Thoroughly for Interviews
Preparing for an interview can make a difference. If you’ve landed an interview, that’s a great sign. But now you’ll need to prepare. You’ll want to ensure you’re ready to answer when faced with interviews focusing on your education and experience. When asked more open-ended questions about what you’d contribute to the company, you’ll want to understand how to articulate best how your skills can fit into the firm’s goals. You may be expected to know the terms of finance and industry. You could also be asked technical questions about accounting and analytical modelling and more broadly focused interview questions such as your long-term career goals. If it’s challenging for you to prepare for an interview properly because you can’t handle academic assignments and meet all the deadlines, consider asking experts for help. Read the review to choose the best writing service provider to meet your educational needs and prepare for your future career.
Navigating the Finance Field: A Beginner’s Roadmap
There is also no reason for someone with no finance experience to expect any difference. However, by focusing on your education, targeting internships, networking effectively, showcasing transferrable skills, and preparing for interviews, you greatly enhance your chances of breaking into finance. Every opportunity you are given is a chance to build the foundation of your future career.