It’s been a month since the last time we met. It took me so long to write again because I realized the main aim of this project was a little bit biased. My previous posts were trying to raise awareness about the problems we are facing in the financial sector, but I found out it is not enough. One of the financiers I admire the most says “finding out a problem gives you one point, but finding out the solution gives you 1000 points” and I believe he is right. If we want to embrace diversity among the financial sector, we have to encourage people to get involved; hence, I took all this time to do a research of what a young financier needs to develop in order to have a competitive advantage and succeed in the financial sector. Here are my findings:
- Education: we all know the importance of a Bachelor’s degree (whether in finance or any other area); however, for some employers it is also important to have a Masters. If you want to become a financial planner, money manager or enter some other specialized field within the industry, a MBA or MAF is highly recommended. Wanna know which are the best universities to study a Masters and how to get financial aid? Click on the following link: https://thefearlessgirlofwallst.com/education-2/
- Work, work, work…. Despite the fact that this article is about how to get a good position in the financial sector, it is important to mention how relevant internships are. If you want to make a career in Wall St., it is really important to start early. Finding an internship while you are still studying gives you a great advantage, and the best part: it doesn’t have to be in finance. Actually, my two most successful friends that are currently working in Morgan Stanley and Credit Suisse started their careers with an intership in P&G during their 7th semester of college. If you are already graduated and don’t know what to do… WORK! You will not just save money for a good Masters Program, but also you will earn experience that is so valuable in this sector (for more information, check this out… https://www.investopedia.com/articles/personal-finance/041415/masters-degree-vs-work-experience-which-one-more-valuable.asp)
- Certifications: Nowadays, there are many other ways to improve your knowledge in finance, such as all the certifications: CFA, CAIA, FRM, etc. As a young financier, they will not just give you a new perspective but will also increase your opportunities to gain a good position in the sector. Follow our Instagram account to get the latest news about all the programs.
- Network: Just as knowledge, experience and credentials, networking is really important in the financial sector. Although what people may think, finance is a job based on teamwork, and people like to work with the ones they trust the most, so don’t be shy and go to all the events, meetings, conferences, contests that you can. You never know if you will meet a mentor that will guide you through the financial path.
- Personal advice: try to stay close to people you admire. It is said that you turn out to be as the 5 people you spend the most of your time with. Take the lead and hang out with them (it doesn’t have to be just about work), sometimes their life experiences are as enriching as their careers.
Remember that anything is possible if you’ve got enough nerve!! (for personal advice, send an email to email@example.com or just write a comment!!)