If you are dreaming about building a successful career on Wall Street, you have to be aware that it takes a lot of effort to land that job. You don’t only need good grades, but also you have to be persistent. Since there are thousands of applicants for these job positions, and only a small amount of them get an interview, there are some things you have to do in order to ensure your spot, and in this article, we are going to tell you what those are.
Our first advice is to start preparing early, as soon as you can, immediately after graduating from high school if possible. If you are set on getting a job on Wall Street, then you have to choose a major in college accordingly. You can choose between economics, finance, or accounting, although you can also opt for engineering or computer science.
Furthermore, you should start applying for an internship in your junior year. Many Wall Street companies offer these programs to students in their junior year, and if they complete it successfully, the firms usually call them back to join their business in the senior year of college. This is your best shot when it comes to building your resume.
Upon graduating from college, it is time to consider different job positions. Naturally, each one of them requires a special set of skills which means that you should choose the one according to your personality and skills you possess. If you want to apply for a banking job, you should do that through the career center and also through the bank.
Try not to make a common mistake and only apply for one or two banks that are your top choice. Instead, apply for as many as you can. Attending all the interviews can be stressful and time-consuming, but you will build your social and interviewing skill and eventually get better. When choosing the potential job positions, you should check out wallstreetnews.me, where you will find the latest news regarding Wall Street. Moreover, if you have any friends working for a certain firm, reach out to them. They are probably aware of job openings, and they can also help you to prepare for the interview.
When it comes to writing the resume, you should not only put the stress on your grades but also write about internships and other jobs you had in the past. Yes, a high GPA score is of crucial importance, but since this job can be extremely stressful, companies are looking for the people who can rise to the challenge. Clearly, showing enthusiasm at the interview is equally important. Also, the cover letter is an important part of the application process. Even though it cannot help you if the firm is not satisfied with your previous education and experience, it is a great way to tell them why you are the best person for a certain job position.
Lastly, you should thoroughly prepare for all the interviews. Be ready to answer questions about your background and experience you have in the banking sector. Do your research on the company’s business, and learn as much as you can about them. In addition, don’t forget to be confident, give straight answers and if the said company is your first choice, you should mention that during the interview since no company want to be a replacement for a competitor.