Finance, a highly competitive industry, requires professionals to show tremendous determination, intelligence and knowledge to stay ahead. There is a wide variety of US finance jobs that you can apply for.
US Finance Jobs: Things to Consider
The following pointers can prove helpful in finding you a place in the finance industry:
- Personal Traits: If you have the ability to persuade others and can manage long work shifts, you can apply for the post of a registered representative. Job seekers with sound mathematical skills and knowledge of MS Excel can try for the position of an analyst in public companies. An all-rounder can consider the post of a financial advisor.
- Specialized Qualification: Holding a degree in a specific financial subject makes it easy to find a place in the finance industry. If you are a studying and do not know which internship program to choose, consider a front-line sales position to increase awareness.
A bachelor’s degree will help you in getting the job. However, to work with your dream company, a master’s degree in business administration is a must. Experience will be an added advantage. Candidates who have an MBA degree in economics or finance are in high demand.
- Training: Some companies offer yearly training programs to graduates. This is usually a probationary period and the performance of every candidate is tracked. If you perform well, your chances of getting a letter of recommendation are high.
- Securities Licenses: Obtaining a securities license stabilizes you in the finance industry. If you intend to settle down as a broker and sell securities, a Series 7 and a Series 63 are must have. A Series 24 license will be required for a managerial position. For options principals, a Series 4, and for equity traders, a Series 55 license is required.
- Career Goals: In the finance sector, analysts have the brightest chances of moving up the corporate ladder. This is because they conduct a lot of research and usually have excellent writing skills. They can become financial writers, after which they can hone their organizational skills to become branch managers. Brokers usually have less chances of promotion. This is because their expertise usually lies only in sales.