Want an Investment-Related Career?

Are you attracted to the idea of investing as a career path? Many college graduates enter the field every year because of the variety, excellent pay, and personal satisfaction that comes with learning to invest wisely and well. Some professionals manage their own accounts, but the vast majority help others find the best ways to maximize returns on their investments. Whether you want to work for a major bank, brokerage firm, hedge fund, or advisory service, there are very good jobs, and plenty of them, for well-trained, educated professionals who seek investment-related career paths. The following suggestions can help you jumpstart your entry into the exciting field of investing.

Explore Career Paths

The investments field is broad and deep. When you stop to consider the concept, investing touches on any career that involves advising others about how to handle their money. On the corporate level, accountants and financial experts are part of the niche, while retail finance includes positions like consumer credit counselors, stock brokers, financial planners, and independent consultants.

Earn a College Degree

Obtaining a degree and paying for it are two distinct tasks, but they are closely related. Choosing a college or university, whether traditional or online, can be a daunting prospect, but you need to find the right school before making a financial plan to pay tuition and other costs that go with the educational component of your journey. Once people decide which institution is most suited for their needs, they typically end up using private student loans to pay for a four-year degree. Online schooling costs about one-third of what a traditional, in-person course of study does. Another advantage of computer-based learning is that most classes are self-paced, and you can attend virtual sessions at any time. That’s ideal for anyone who works a full-time job but wants to attend college at the same time.

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Take On an Internship

Working as an intern with a financial-oriented company during college is one of the best ways to explore career paths, build a professional network, acquire essential skills, learn to work with teams, and more. Note that some internships are paid, and some are not. If you can’t afford to accept a no pay position, speak with the placement office of your college and let the director know your preferences. Treat each application as a chance to practice for job interviews after you graduate. Develop a detailed, flawless resume and a cover letter for each internship that interests you. It’s also important to know that many intern jobs turn into full-time careers if the employer likes your work and thinks you’d be an asset to their team after you earn a degree.

Start Networking Now

The power of networking is underestimated. As soon as you decide on a career in investing, create a contact file of names. Include instructors, mentors, friends who work in the industry, and anyone else who comes along during your college career and intern work. Join professional societies and chambers of commerce on student memberships for the sole purpose of making contacts and finding out about job openings.

Disclaimer: This content does not necessarily represent the views of IWB.

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