Career Woman

How to make a successful career in the finance industry

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A job in finance can certainly pay the bills. Many financial advisors and accountants make over fifty grand a year, whilst brokers and tax directors can make over a hundred grand. Whilst the demand in the finance sector is high, getting one’s foot in the door is still not an easy task. Becoming successful in this area requires being able to show a level of expertise and an enthusiasm for problem solving. Here are some ways of helping you land a successful job in the financial field.

Learn the lingo

Finance comes with all kinds of complex terms. Getting to grips with these is essential if you want a career in finance. Try regularly reading publications such as The Wall Street Journal and Financial Times, and start picking out terms you don’t understand and researching them using a financial dictionary. If you choose to specify a career path such as insurance, stocks or credit cards you’ll open yourself to a whole new world of even more specific lingo. Learning these terms and then being able to describe them to someone else in layman’s terms is what will make you successful.

Get qualified

It’s generally handy to have some kind of degree behind you, just to increase your prestige. If you don’t want to take three years out to study at a university on campus, you may be able to find a course online such as an online finance MBA. Throughout your career it may be handy to take other courses to boost your skills. These could involve learning digital skills, taking a business course to better understand business methods, getting to grips with the legal side or even branching out into financial marketing.

Start a finance blog

A financial blog is a chance to show off your knowledge by advising others on complicated financial matters. You can link a blog in your CV when applying to places, and this will give them a good indication of your financial know-how as well as showing a passion for the field. Make it interesting enough and you’ll develop readers, and possibly develop an online name for yourself. This is useful for networking when finding work and marketing if you choose to go self-employed.

Help your family and friends

Getting initial experience can be difficult. If you know a friend or family member that is self-employed or freelance, why not volunteer to help sort out their books (they may even pay you). This can be a great bit of experience to put on your CV.

Score an internship

The easiest way to get full working experience is to find an internship. If you’re still studying, you may be able to do a sandwich year doing an internship somewhere. Banks, accountancy firms, insurance companies and big corporations are always looking for interns. Even if you can’t find one advertised, try contacting companies individually and asking about opportunities – promote yourself enough and they may want to make a space for you.

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