How To Kickstart Your Career In The Financial SectorBlogs
How to Kickstart your Career in the Financial Sector
Choosing to work in the financial sector can be a very rewarding and interesting path to take. If you decide that this is a good option for you, there are different ways you can get into the industry, depending on what role you are looking for.
For some careers, getting a degree is the best option. In other circumstances, you may be able to begin working straight from school and benefit from practical learning opportunities. Let's look at some of the different careers you may want to consider, and how you can kick start your career.
If you are looking to embark on a career as a mortgage advisor you will need a certificate in mortgage advice and practice (CeMAP). This is a level 3 qualification which requires around 200 hours of study to achieve. It's the standard qualification for working in this field and according to mortgage advisor course specialists, Beacon Financial Training, it's one of the most important steps to becoming a mortgage advisor.
In order to become an accountant, you need a good basic standard of education. This means that you will normally need to have at least a B grade in GCSE maths and English. You can choose to go on to higher education and study for an accountancy degree. However, it's also possible to get a job with an accountancy firm and study as you work. If you choose this option, it will normally take around five years for you to gain your basic and professional accountancy qualifications.
This can be an interesting and lucrative career, if you are prepared for a lot of hard work. Many investment Banks offer apprenticeship opportunities to young school leavers, so that they can learn about the investment banking world on a practical level while also studying for qualifications.
There are entry requirements for these apprenticeships. For instance, entry to many programmes is dependent on having at least 3 A levels (A to C grade). The entry requirements will depend on the individual apprenticeship opportunity you are looking at.
There are also opportunities for graduates within the world of investment banking. If you are a graduate considering this as a career, you will normally be required to have at least a 2:1 degree or equivalent. It's important to note that the degree does not necessarily have to be in a finance related discipline.
For people who are looking to work in the finance industry, a career in insurance can be a good choice. This is because there are so many different choices when it comes to insurance related opportunities. Many people who are leaving school find that gaining entry to a level 4 higher apprenticeship is the best way of beginning a career in the insurance industry.
If this sounds like something you would be interested in, you will need to have at least 2 or 3 A levels (grades A to C). You will also need to have at least 5 good grade GCSEs, including maths and English. Once you have completed the level 4 apprenticeship, you have the option of moving on to level 6 and level 7 apprenticeships which are the equivalent of a degree and a masters respectively.
If you are already a graduate you will normally need at least a 2:1 degree to get the high quality graduate scheme opportunity that you are looking for. Once you have been accepted onto a graduate scheme, you will work towards getting the qualifications you need to progress in your career in the insurance industry. It will normally take around 2 to 3 years for you to complete your studies and become fully qualified. It takes a lot of hard work to reach this point but the rewarding career you can have makes the effort worthwhile.
These career opportunities are all a good choice for anyone who wants to work in the financial sector. They can all provide a career which comes with opportunities for advancement, assuming that you are willing to work hard along the way.
If you are unsure as to which path is the best choice for you, you should spend some time completing in-depth research, before you make your final choice. This is important because being dedicated to a particular path helps you to achieve the success you are looking for. So, you need to make sure that you choose the right path in the first instance. Doing so means that none of your efforts are wasted.