Do you want a tough yet interesting career? If you do, the financial industry is a good place to look.
In the very competitive world of finance, there are different types of financial services and sectors, which indicates that there is a great deal of variation and adaptability in terms of career pathways, as those working for regulatory authorities like the MFSA would confirm. For those that are keen to know how to start a career in finance, one of the most significant recommendations is to try to obtain as much work experience as feasible. As it is such a competitive industry, every single entry-role or post-graduate scheme tends to have hundreds of applications, which is exactly why it is important for your CV to stand apart from the crowd. One way to stand apart and impress recruiters is to have some relevant experience under your belt. For example, internships, apprenticeships and summer work experience placements can give valuable real-world experience and opportunities to build your professional network. Even if it is simply a couple of weeks of basic administrative duties, it still offers you some handy insight into what it is like to be part of the financial sector. Asides from looking great on a CV, it is also a good way to figure out what kind of position or market you are personally interested in as a career path.
In total, the list of career paths in finance is comprehensive, ranging from financial analyst to investment banker to compliance officers, as those working for regulatory authorities like the FCA would undoubtedly confirm. No matter what career route you want to pursue, there is always one inescapable part of the application process; job interviews. Job interviews are a key element to any type of finance career, regardless of the position or expected income. Even the top CEOs for financial institutions frequently need to interview, so it is essential to do some research on the recommended interview tips for finance jobs. Essentially, the golden rule of interviewing is to do some comprehensive research on the actual company itself, as well as the specific role you are interviewing for. By demonstrating that you have taken the time to get-up-to-speed with the firm is a great way . to impress the job interviewer. Additionally, showing that you have industry knowledge and are up-to-date with recent finance headlines and trends is likewise a reliable way to prove your genuine interest and enthusiasm.
Within the financial market, there are several types of finance jobs that people can go after, ranging in salary, qualifications and experience, as those working for regulators like the BaFin would know. If you have an interest in learning how to get a job in finance, one of the very best starting points is to get the right credentials. Given that the financial market is really competitive, a lot of employers prefer their job prospects to have at least a bachelor's degree under their belt, ideally in an applicable subject like finance, economics or accounting. Actually, depending upon the role you are looking for, finance organizations may even desire further education in the form of a masters or PhD. The main reason why several finance recruiters and companies want their candidates to have a university degree is the basic fact that that degrees help candiates build solid foundations in finance. Nevertheless, university degrees offer students the opportunity to develop vital technical skills like financial modelling and data analysis, as well as gain experience in very useful soft skills like problem-solving and communication.