How do you land an entry-level finance role?
The strategy outlined below will minimize your job search time. This article will provide the best results if you will either be searching for such a role soon or hoping to accelerate the pace of your job search process. As a note, if you would like a more tailored strategy for a finance role, we will provide relevant reading at the end of this article.
To qualify for an entry-level financial analyst, you need either significant related experience or a bachelor’s degree in a business field. To earn the role, however, there are a few more steps which we will outline below.
Find 20 companies looking for financial analysts from your college job board. Rank these in order of difficulty. The 5 most difficult companies will be considered your “reach companies,” the next 10 will be your “target companies” and then the final 5 will be your “safety companies.” A list of this size will help you find and improve your strengths and weaknesses before you work your way towards your reach companies.
Use LinkedIn to get connected with financial analysts at each of these companies. We recommend connecting with individuals that you either know directly or those with whom you share a common affiliation i.e. college, sports team, etc.
Request a 10 minute phone conversation with each of them. This will be your opportunity to introduce yourself, demonstrate your interest in their role and request them for some help as you’re getting into the industry. Most people are happy to help!
First, you must sanity check your application materials with them to ensure that no red flags are being raised. You can use this free tool to get your resume critiqued by them, line-by-line. You can have other professional financial analysts look at it through their premium service.
Once you have these sorted, ask them to refer you directly into their company. With their time investment in you as well as your confidence behind your application materials, you should be able to land the interview.
For a more in-depth strategy focused on financial analyst role, please read this related article