gradsingapore 'Finance' Career Guide 2023

Page 60

Financial Services Sector Essentials

58

DIFFERENT WAYS TO GET INTO

The Finance Industry

Financial services extend numerous opportunities to think out of the box – but not many know that just getting into the sector itself is a chance for graduates to flex their creativity and create their own moments and prospects.

W

hether you’re looking for a graduate job or an internship, the financial services industry is a competitive field. To that end, getting something outstanding on your resume may go a long way in helping you gain some prominence amid a sea of other applicants, even as you cultivate some experience and knowledge!

Attending career fairs Apply speculatively Smaller financial institutions, which typically specialise in actuarial works or insurance loss adjustments, generally don’t have structured graduate or internship programmes, so one way to ask about available positions is to speculatively send in your resume along with a cover letter. State who you are and what you’re looking for – such as shadowing or work experience – as well as your relevant experience and what skills you can lend the company. While you should mention why you chose that particular company, ensure your resume and cover letter are concise and to the point, as recruiters may not have the time to go through a protracted application. Moreover, remember to call the company ahead of submitting your application to ask who you should send and address it to – applications sent to a specific person tend to have a higher chance of being reviewed. There are numerous benefits to applying speculatively, such as potentially expanding your network, showing a prospective employer your genuine interest and getting the opportunity to develop your acumen in a specific area of the industry.

Finance Career Guide 2023

Career fairs give students and employers a platform to mingle and network, while also allowing students and graduates to take a good look at the diverse opportunities and positions available. However, due to the pandemic, educational institutes have moved onto virtual platforms to continue hosting fairs for prospective students. Attending a career fair will get you acquainted with recruiters and help you build your network – and will also show prospective employers your commitment to joining the industry.

Entrepreneurship Firms are always keeping an eye out for students with skills in entrepreneurship, and those who set up small businesses while in university usually end up impressing them. Although these ventures aren’t usually very big, they still show prospective employers commercial awareness, problem-solving and planning skills, business intellect and an ability to budget. Not only will running a small enterprise give you something interesting to talk about in interviews when you’re looking for a graduate job, but you’ll also be able to make some extra cash for yourself!


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Articles inside

Management Accounting

2min
page 91

Risk Assessment

2min
page 92

Internal Audit

2min
page 90

Forensic Accounting

2min
page 89

Financial Accounting

2min
page 88

Corporate Recovery

1min
page 86

Corporate Treasury

2min
page 87

Corporate Finance

2min
page 85

A Graduate’s Guide to Accountancy Jargon

10min
pages 80-82

Assurance

3min
page 83

Commercial Finance

2min
page 84

Why is it So Important to Qualify as a Professional Accountant?

1min
page 79

Getting a Graduate Job in Accounting

2min
page 78

Wealth Management

2min
pages 71-73

and Financial Management

2min
pages 76-77

Statistics

2min
page 70

Retail Banking

2min
page 69

Insurance

4min
pages 66-67

Insurance Underwriting

1min
page 68

Actuarial Science

3min
page 65

The Financial Service Alphabet

8min
pages 62-64

Finance Industry

5min
pages 60-61

Financial Services

2min
pages 58-59

At a Glance: Financial Services

2min
pages 56-57

Structured Finance

3min
pages 54-55

Stockbroking

1min
page 53

Specialist Markets

2min
page 52

Private Wealth Management

2min
page 50

Risk Management and Control

2min
page 51

Operations

1min
page 49

Investment Management

2min
page 48

Investment Banking

2min
page 47

Investment Analyst

2min
page 46

Inter-Dealer Broking

2min
page 45

Financial Markets

2min
page 44

Employees

7min
pages 36-37

Economist

2min
page 42

Job-Speak

8min
pages 38-40

Corporate Banking

2min
page 41

Finance IT

2min
page 43

Investment

2min
pages 34-35

Crafting Your Resume

3min
pages 22-23

Is a Career in Finance for Me?

2min
pages 12-13

Pros and Cons of Pursuing a Career in the Finance Industry

1min
pages 20-21

Preparing Your Cover Letter

3min
pages 24-25

Tackling Assessment Centres

3min
pages 28-29

At a Glance: Banking and Investment

3min
pages 32-33

Industries in the Financial Sector

2min
pages 10-11

Acing Your Interview

4min
pages 26-27
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