Usually, it is difficult for people having no work experience to find an appropriate job opening and this is particularly valid for candidates looking for jobs in finance industry. It is equally challenging to switch over to financial sector from another sector. The reason is that most companies in finance industry prefer hiring personnel with experience. Usually, for one opening, a company in financial sector receives hundreds of resumes. The recruiters scan the applications and invite candidates for an interview only if they possess some related experience in the field or present an impressive resume. Getting invited for an interview is an opportunity for the candidate to impress upon the interviewers that he/she is the best candidate for the job at hand. Here’s what the experts recommend for candidates looking to get a start in finance industry.
Build a Strong Resume
Prospective candidates should realize that their first contact with prospective employer is their resume. Since they lack experience, they need to find other ways to make an impression on the employer. They should ensure that the resume is free of all typos and grammatical errors. Resume needs to be appropriately formatted and the candidate should provide factual information. A good resume increases the likelihood of being invited for a personal interview and those who can’t prepare an impressive resume should seek help of professionals resume writers. It is not recommended to have the same resume for all kinds of jobs. Care should be taken to modify it to suit the job requirements advertized by the recruiter.
Take up Internships
Those having no work experience in finance industry are potential candidates for entry level jobs in this industry. However, the number of candidates applying for such jobs is very high as employers do insist for experience for such jobs. One way to catch eye of the employers in such cases is to acquire some work related experience by working as an intern in a finance company to understand the working of different departments of finance and how does a finance company take care of customers’ requirements. The employers would naturally prefer hiring employees who have had some exposure to and understanding of the working of industry.
Work for Different Internship Programs
Gaining diversified experience during internship helps candidates to have a better perception of different roles that finance industry plays. For instance, bonds, trading, commodity trading, and portfolio management are different areas of this industry, each involving a differetn kind of work. Apart from improving the likelihood of getting employment, such an exposure is of great help in enabling the job seeekrs to decide the particular field of finance that interests them and thus plan their next move accordingly.