How to Grow a Finance Career in the United Kingdom

 How to Grow a Finance Career in the United Kingdom

Working in the finance industry can provide you with exceptional income potential, many career opportunities and incredible job satisfaction throughout your working years. This is a field that is growing in the United Kingdom, so you can feel confident about your job prospects moving forward. While choosing a great field to work in can help you to climb the corporate ladder and grow your career, there are also many additional steps that you can take to reach great heights in your career.

Obtain the Right Degree

One of the most important steps to take initially to grow a career in finance is to obtain the right educational degree and certifications. Consider the ultimate position that you would like to achieve, such as a president of a bank or a head accountant or even controller for a major corporation, and research educational requirements for these positions. You can obtain a general finance degree, or you may specialize in a specific area of finance, such as accounting. Earning your degree from a reputable university is also critical in your efforts to succeed in your field.

Start Getting Experience Before You Graduate

Even with a great degree from a top university, it can still be difficult to be awarded your first position in the financial industry if you do not have experience as well. There are many ways to get industry-related experience while attending university. For example, you can work in an internship program, or you can get a part-time, entry-level job while you attend classes. In some cases, you may even be able to continue to work in a better position within this same company after you graduate.

Choose Your First Position With Care

Your first full-time position after you graduate will play a key role in your career path, so be selective in your decision about which positions to apply for and which job offer to ultimately select. Look for employment opportunities in firms that have more advanced positions available, and this may allow you to move up within the same company as your job experience grows. In addition, pay attention to the job duties as well as the skills you may learn in the position. Through on-the-job experience, you may gain the skills needed to qualify for better opportunities.

Use a Job Placement Service for Additional Career Advancement

Another excellent tip to follow is to use the services of a reputable job placement firm to find both your first job and future jobs. Look for a firm that specializes in the finance industry for the best results. Your firm’s representative may be aware of excellent opportunities that you are unable to find on your own, and he or she may also provide excellent interviewing tips and other areas of assistance with job placement.

Working in the finance industry can be rewarding in many ways, but few people want to remain stagnant in their career. If you want to set yourself on a career path with forward momentum, consider implementing these tips today.

David Milberg is a financial analyst in New York.