#BibleforDegree #MaximizeYourDegree #CareerGrowthTips
🎓 So you’ve landed a job in finance straight out of college, but you’re feeling a bit stuck and unsure of how to progress in your career. Don’t worry, many young professionals find themselves in a similar situation early on in their careers. It’s all about taking the right steps to ensure that you make the most out of your degree and set yourself up for long-term success in the finance industry.
Here are some tips on how to navigate your career path and maximize your potential:
## Assess Your Current Situation
Before jumping into any decisions, take some time to reflect on your current job role and evaluate how you feel about it. Are you gaining the experience and skills you had hoped for? Are there opportunities for growth within the company? Understanding where you stand will help you identify areas for improvement and determine your next steps.
## Seek Mentorship and Guidance
Having a mentor in the finance industry can be invaluable in helping you navigate your career path. Reach out to experienced professionals in your company or network and ask for their advice on how to progress in your career. They can provide valuable insights and guidance based on their own experiences.
## Consider Further Education or Certifications
If you feel like you need to enhance your skills and knowledge in finance, consider pursuing further education or obtaining certifications relevant to your field. This can help you stand out and increase your opportunities for advancement in the industry.
## Networking
Networking is key in the finance industry, so make sure to attend industry events, conferences, and connect with professionals in the field. Building a strong network can open up new opportunities for career growth and help you stay updated on industry trends.
## Explore Different Career Paths
If you’re feeling unsure about your current job role, don’t be afraid to explore other career paths within the finance industry. Research different roles, such as investment banking, corporate finance, or financial planning, and see which one aligns best with your interests and goals.
## Develop Soft Skills
In addition to technical skills, developing soft skills such as communication, problem-solving, and time management is crucial for success in the finance industry. These skills can help you become a well-rounded professional and stand out in a competitive job market.
## Create a Career Development Plan
Set clear goals for your career development and create a plan to achieve them. Identify the skills you need to develop, the milestones you want to reach, and the steps you need to take to progress in your career. Having a roadmap will keep you focused and motivated towards your career goals.
## Stay Current with Industry Trends
The finance industry is constantly evolving, so it’s important to stay updated on industry trends, regulations, and technologies. Subscribe to industry publications, attend webinars, and take advantage of online resources to keep yourself informed and ahead of the curve.
## Don’t Be Afraid to Make Changes
Lastly, remember that it’s okay to make changes in your career path if you feel like you’re not on the right track. Don’t be afraid to take risks, explore new opportunities, and pivot towards a different direction if necessary. Your career is a journey, and it’s important to adapt and grow along the way.
In conclusion, maximizing your degree in finance and advancing your career is a journey that requires self-reflection, networking, continuous learning, and adaptability. By following these tips and staying proactive in your career development, you can position yourself for long-term success in the finance industry. Good luck on your career journey! 🌟📈
Sorry you’re not getting what you need from your work. Do your own “rotation. “ Find your passion in books, blogs, podcasts within or outside finance. Then create your own learning path, start creating your own content, start a side gig or one person consultancy. That should give you some direction for a good next landing spot. Also, keep things in perspective… a career is a marathon and not a sprint. 7 months is nothing. I always judged my jobs right away and realized it’s really not even worth pondering how I like a job until one year has passed. Good luck! Your finance degree is super flexible and gives you a ton of options to find something you like.
Frame up your job well and send your resume out. Shoot for big fish first, then work down the food chain.
Ask for more out of your boss, express interest in a new role at the company.
Study up on 3 statement modelling
I would just look for other opportunities. The nice thing about a slow job is plenty of free time to apply
Same. Currently an analyst making $60k. Graduated in August. The market is rough and I had to take the first thing I could get. I had two previous internships.
Bro, you’re making 55k out of college, you’ve clearly already ran face first into one.
Follow the other peoples’ advice, do your own learning, courses etc try to network and while you’re doing all of this, you’re making bank, such a good position to be in, proud of you 👍
Get a job at a big 4 (ey, pwc, etc) suck it up for up to 5 years but get that experience… if you cant get to a big four look for similar audit,consulting firms but do some sort of public accounting.
Audit pays well and you can travel a lot… get a certification (cfa, cpa, cisa, etc). My first job was similar to you in 2014 at 40k, graduated moved up to 50k, around 2016 was at 65k. Moved to an internal Audit in a company at 80k in 2018. I’m at 130k base + 20% bonus right now in roughly 10 years of prof. Work.
Side note I live in a small market below avg. Cost of living.
The big 4 experience will get you big $$$. Hmup of you have questions on my career path.
Well you havent described
1. Your job now, its duties and responsibilities, and what you actually do
2. What you want to do and why took this role
3. What skills/interests you have that could help bridge gaps
4. Where you live, where you work
So until then, easy apply on linkedin
You can ask to shadow people in other departments. Don’t ask to sit with like the CFO but see if theres a dept that you feel is somewhat related to you and you would like to know more. just frame it as you are wanting to learn more about the company and how you fit within the context of other groups. I would suggest mentioning this in 1×1 or something similar, worst they can say is no.
Ur behind bro. I made my first million at 21
Figure out what the busy people are doing and where you can help them.
https://www.cfainstitute.org/en/programs
What do u do
Probably wait till your next 1-1 meeting then being up your looking for more learning/responsibility if possible?
I do internal audit for a Fortune 500 and started at 75k and now making almost 100k after 2.5 years. Only have a bachelor’s in finance and some DA certifications I got at work. Had a 3.5 in college from a Top 75 school. My job is pretty easy too and pays really well out the gate, so that is why it recommended checking it out.
Just anonymous voice on the internet, but I’ve been in a similar boat as you. I decided to leave my gov job and try Investment Banking. I’m trying it but I’m older than you and not done with undergrad. I make a good paycheck though so I’m doing alright. This is a cobble of advice I’ve had from current and former bankers.
‘Serious money’ plan would be to do well at your job while you study for your GMAT. You should have some good letters of recommendation from work for your application. Crush the GMAT, then apply for a top 7 MBA.
https://www.peakframeworks.com/post/ib-target-schools
If it isn’t on this list you are wasting your time. You would be better off moving to NY or Texas or another big finance city where you can attend conferences and network more heavily. You go to a top MBA because the firms visit most of those schools.
Find a course for Investment Banking interview prep and focus on those while you’re in your school networking.
Make sure you do an internship at a top bank in between your first and second year. I find a lot of these on linkedin but efinancialcareers, hellohive, and even lensa are where I find a bunch.
you can reply to the comment or dm me for additional details. Haven’t completed the transition so take my advice with a grain of salt