Tips To Start A Finance Job After Graduation
What Is A Career In Finance?
The banking sector is always looking for new talent, and there are several entry-level positions and apprenticeships available for undergraduates and graduates, with excellent opportunities for progression and promotion. Those wishing to pursue a career in banking or financial services should enjoy working with numbers, computers and people. So, why stop there? Look for great career opportunities in finance and see yourself grow by leaps and bounds!
What Do You Need To Start A Career In Finance?
Entry-level roles in the banking sector are often administrative or customer service focused, such as banking assistants and cashiers. Those with more experience may move into more specialised roles, such as credit analysts, compliance officers, accountants and financial advisers.
While a degree in finance can be advantageous, it is a rare requirement. A bachelor’s degree in accounting or finance, with courses such as tax accounting, introduction to accounting, intermediate accounting, cost accounting, and auditing, is usually recommended. Moreover, students are advised to complete an internship during their studies.
How To Start A Career In Finance
Decide the Bank Position
You can do multiple jobs in a bank, such as being a cashier, loan clerk or customer service representative. Each role requires different skill sets. It would be best if you researched which position suits your skillset and goals.
Create A Resume
A bank job requires a good resume. No matter how appealing your personality is, your resume is usually the first piece of paper that defines what you are. So, make sure that you write your resume ideally. Include your name, address, contact details, and your educational details. You should write your objective statement in your resume. Write your interests and your objective.
Make separate sections for your degree details, the year of your graduation and the stream.
Locate Banking Jobs
Banking jobs can be categorised into two types; they are public sector banking jobs and private sector banking jobs. Public sector jobs are managed by government companies, and private jobs are managed by private banks. One can start applying for banking jobs after completing the 12th standard.
To apply for banking jobs, candidates need to apply online, on the banks’ website, or via multiple postings on job boards.
Check Your Bank
The local bank branch where you conduct your banking could have multiple openings. You could check with the HR manager there for jobs too. Grab an opportunity whenever you can!
Do Your Research
It would be best if you researched what the pay scale is and what benefits the bank is offering to you. Many banks provide training facilities to freshers to enhance their skills in banking jobs. In public sector banks, the starting salary is about 12,000/- per month. In private sector banking, the starting salary will be around 20,000/- per month. A banking job provides many benefits like medical insurance, pension, bonus, etc. For freshers, the increment will be given as per the company policy.
After a certain period, the candidate can be promoted to higher posts like assistant manager, deputy manager, etc.
Study For The Interview
Prepare for the interview; know your resume and achievements by heart. The interview is your best chance to make your finance job dream come true. Read our blog on how to prepare for interviews for more.
Bottom Line
A finance job comes with multiple benefits and is an interesting career choice. Plus, who wouldn’t love a job that lets you stay close to cash!
If you want to make a career in Banking and Finance, visit our website and start applying today!
