Do you desire a tough yet intriguing career? If you do, the financial sector is a good place to look.
In the very competitive world of financing, there are various types of financial services and markets, which indicates that there is a great deal of variation and adaptability in terms of career pathways, as those working for regulatory agencies like the MFSA would verify. For those that are keen to understand how to start a career in finance, one of the most significant suggestions is to try to obtain as much work experience as possible. As it is such a competitive industry, every entry-role or post-graduate scheme often tends to have hundreds of applications, which is why it is very important for your CV to stand out from the crowd. One way to stand apart and impress recruiters is to have some relevant experience under your belt. For instance, internships, apprenticeships and summer work experience placements can give useful real-world experience and opportunities to build your professional network. Even if it is simply a few weeks of basic administrative duties, it still offers you some helpful insight into what it is like to be part of the financial industry. Asides from looking good on a CV, it is also a great way to determine what sort of role or industry you are personally interested in as a career path.
In total, the list of career paths in finance is considerable, ranging from financial analyst to investment banker to compliance officers, as those working for regulators like the FCA would certainly confirm. No matter what career path you would like to seek, there is always one inevitable part of the application process; interviews. Interviews are a vital element to any financial career, regardless of the position or expected salary. Even the leading CEOs for financial institutions often need to interview, so it is essential to do some research on the strongly recommended interview tips for finance jobs. Essentially, the golden rule of interviewing is to do some comprehensive research on the actual firm itself, in addition to the specific role you are interviewing for. By demonstrating that you have taken the time to get-up-to-speed with the business is a good way to impress the job website interviewer. Additionally, showing that you have industry knowledge and are up-to-date with the latest financing news and trends is also an efficient way to show your genuine interest and enthusiasm.
Within the financial market, there are various types of finance jobs that people can search for, ranging in income, credentials and experience, as those working for regulators like the BaFin would definitely know. If you have an interest in learning how to get a job in finance, one of the best starting points is to get the right credentials. Given that the financial industry is very competitive, a lot of employers prefer their job prospects to have at the very least a bachelor's degree under their belt, ideally in a relevant subject like finance, economics or accounting. As a matter of fact, depending on the role you are looking for, finance establishments may even desire further education in the form of a masters or PhD. The main reason why many finance recruiters and employers want their candidates to have a university degree is the simple fact that that degrees help candiates build solid foundations in finance. Nevertheless, university degrees provide students the opportunity to develop essential technical skills like financial modelling and data analysis, as well as gain experience in vital soft skills like problem-solving and communication.