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Pros and Cons of Pursuing a Career in the Finance Industry
It can be tough to pave your way in this industry, but success in this business can lead to a fulfilling and rewarding career.
Banking and Investment
At the top of your game, you will find yourself showered with rewards many can only dream of, but making your way in this sector is definitely not easy.
Pros
Cons
• Opportunities for professional growth. • The chance to build a large network. • Remuneration. • A highly stressful environment that comes with long working hours. • Fierce competition.
Financial Services
Globalisation has been behind much of this area’s growth, and there are now more options than ever before.
Pros
Cons
• Potential to bring in a high income. • Good working conditions. • Regular business hours. • Fast-paced and highly stressful. • A cyclical industry.
Accountancy and Financial Management
What you think of a career in accountancy and financial management will depend not just on your working style, but your personality as well.
Pros
Cons
• A stable industry. • Clear career path. • Many opportunities to develop professionally. • Flexibility in choosing where to work – accountants can be found everywhere! • Work can come off as routine and dull. • During peak season, large amounts of stress and long working hours are the norm.
APPLICATION TIPS
Before applying to positions and programmes you are interested in, hone your resume and cover letter in order to distinguish yourself in the recruitment process.
Crafting Your Resume ......................................... 20 Preparing Your Cover Letter .............................. 22 Dealing with Live Video Interviews .................... 24 Acing Your Interview .......................................... 26 Tackling Assessment Centres ............................. 28 A Quick Checklist ............................................... 30