Banking and Finance
Included in the ‘Banking and Finance’ sector, are graduate roles in Accountancy, Taxation, Insurance, Financial Services, Mortgages, Retail Banking, Investment Banking, Private Banking and Actuarial careers.
As this sector is so wide, the range of careers and graduate jobs available within it is huge! All financial graduate jobs come with the expectation of undertaking a professional qualification. Whether you want to become a Chartered Accountant or a Mortgage Underwriter, there are exams which must be passed before you can progress very far within this sector.
A professional qualification in a finance discipline can take your career in any direction - even right to the top - research by accountancy recruitment specialists Robert Half, found that of current FTSE 100 CEOs, 51% have a financial background. Having a professional qualification also means that salaries in this sector tend be higher than the average and can be at the very top end of the scale.
Having a head for figures is essential in the banking and finance industry as you will be dealing with numbers on a daily basis. A good level of commercial awareness is also important as you will need to understand how the business world operates. Attention to detail is also likely to be an essential skill for any graduate wanting to work in banking and finance as small mistakes can end up costing a lot of money!
No matter what type of role you take, you are likely to be dealing with people - whether it is customers or colleagues - and you should be able to demonstrate that you are a good communicator, who can handle complex information and explain it clearly to your audience.
Being honest, trustworthy and responsible with your own finances is also essential as some professional bodies will fine you or stop you from practicing if you have ever been bankrupt or had a CCJ.