3 Tips To Boost Your Hireability For A Financial Services Position

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When you’re vying to join an industry like Financial Services, you want to do everything you can to prove that you’re a star candidate!

Many talented young professionals are all competing for a spot in this field, especially for those illustrious positions in sectors like Investment Banking or Private Equity, and there’s a reason why. Although it takes a lot of hard work, the results are incredibly satisfying, fulfilling and can be lucrative as well. As a Financial Services professional, many people and companies turn to you for valuable advice. And trust us, their gratitude only makes this career that much more worthwhile.

However, getting started can be a challenge. Well, we want to help you brighten up your future! Start picking up important skills and knowledge early, and you’ll stand out as a star candidate once you hit the job market. After all, it’s never too early to start prepping for your dream job!

Keep these three tips in mind to ensure a smooth post-graduation job hunt.

Internships

An internship is one of the best ways to gain work experience in Financial Services as a student. Whether it’s a summer placement or a co-op work term, having these types of positions on your resume will help you stand out amongst your peers when you’re applying for a full-time position.

Plus, since this is such a huge industry, there are plenty of internship opportunities every year. Do some research and find out which company’s culture and environment best fits your vision of a great workplace. Also, larger Financial Services institutions often extend offers of full-time employment to former interns. If there’s a particular company you’re interested in working for post-graduation, check if they offer internships or have other similar programs.

Tip: Not sure what industry you want to pursue post-graduation? Aim to complete internships in a variety of sectors. For example, if you interned at an Accounting firm one summer, apply to Insurance companies and Investment Banks next year. This way, you’ll get a taste of all the different opportunities in Financial Services.

Read Finance Journals and Magazines

Keeping up with current news is essential to any Financial Services career. With new technologies and techniques being developed constantly, industry professionals need to be on top of the latest information in order to offer quality financial expertise to their clients.

As a student, you can start by reading Finance journals and magazines. Make it part of your daily or weekly routine and maybe even sign up for a subscription to ensure you’re constantly in the know. It will also help you pick up industry jargon, which you’ll need to understand once you’re in the workplace.

Not sure where to begin? The Globe and Mail’s Report on Business is an excellent place to get up-to-date industry news. It also has multiple apps so you can read on the go. For example, they have one that provides easy access to their more comprehensive features, such as in-depth market data and multimedia stories. Another great subscription to try is the Financial Post. It has tons of interesting articles that report on the most recent Finance-related news. Plus, because it’s under the National Post, when you sign up for a subscription, you also get access to other types of news, such as sports, arts, and life.

Extracurricular Activities

Take initiative and get involved in a Finance club or association! Most post-secondary institutions will have a few to choose from, but if there isn’t one at your school, gather some Finance enthusiasts together and form one! This type of experience is very attractive to employers in this industry.

Furthermore, this is an exciting way to find others who are passionate about this field, while staying informed about upcoming events. As a club member, you will likely be one of the first to hear about exclusive networking opportunities. In an industry where connections are key to getting your foot in the door, participating in events like these is super important.

However, on the off chance that there isn’t a Finance club or association, and you can’t make one, don’t fret. Instead, take on an executive position for another club as a Treasurer. This is an egg-cellent opportunity to apply your math and analytical skills, and gain invaluable experience managing money for an organization, which is particularly handy if you want to work in the Banking Services sector.

Don’t wait until after graduation to hatch your career! If you take little steps to familiarize yourself with the industry as a student, employers will recognize that you have more than just knowledge to offer. In fact, you’ll likely feel right at home in the workplace! How many of your peers can say that?

Ready to kickstart your career? Check out our Financial Services Career Guide!

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