Monday, 20 November 2017

Take these small steps and boost your finance career

Hi ,

It's the last productive push before the Christmas break! 
Now the seasonal celebrations of halloween and bonfire night are out of the way, it’s time to face your fears and start planning for your future, so you can make a bang in the financial sector. Sorry… in all seriousness, now is a good time to tick some productive boxes. Here’s the things to do, and the stories to watch, to keep your finance career plan ticking on over the December break.
 

Take these small steps and boost your finance career: 

Attend an open day. Open days are so much more than a rare chance to snoop around a top financial services firm. If you attend one, you’ll be making a first impression a prospective place of work, meeting with existing employees and recruiters, and getting a picture of your future workplace. Make sure you're prepared with our tips.

Figure out your career/uni balance. Keeping your grades up to scratch when you’re focusing on future job applications can be a difficult dance. But it doesn’t have to be. Take a deep breath, pop the kettle on, and let us guide you through it.

Join your finance society. If you’ve not done this already, it’s not too late - get your membership sorted before term ends. When you’re benefitting from industry-specific careers fairs, networking opportunities and a chance to be on the committee, you’ll be glad you did.

Monday, 14 August 2017

August's latest graduate jobs

We've rounded up August's latest graduate jobs in one place for you...

RSM 
As one of the largest networks of audit, tax and consulting firms in the world, we help graduates kick-start their career in business.

 
Check out roles
Mazars
A global, integrated and independent organisation, specialising in audit, advisory, accounting and tax services, among the top 10 accountancy firms within the UK.
Check out roles
CGI
Experience an amazing placement opportunity or put down long term roots in one of the world’s leading IT and business consulting services, CGI.
 
Check out roles
Institute and Faculty of Actuaries
If you love maths and want a career where you use your mathematical skill every day then becoming an actuarial professional might be for you.
Check out roles
PwC
PwC have one of the most extensive legal services networks globally - there’s a lot to look forward to as a legal trainee.


 
Check out roles
National Grid
Offering an attractive starting salary and first-class training and development opportunities, including generous holidays and a popular flexible benefits package.
 
Check out roles

Monday, 24 July 2017

Money, money, money...

People often say you can get whatever job you want if you put the work and the effort in. They're not wrong, but there are some industries that require a certain set of personality traits. Compassion, for example, if you want to work in the medical profession. An eye for what looks good, if you want to work in design. A knack for the written word, if you want to be a writer.

You don't need any of these traits to work in investment banking. What you need is unflinching confidence, undiluted resilience, and an unquenchable desire to put in the hard yards until you succeed. There's a reason that the industry is so competitive - because if you get it right, and you're good at it, you can make outrageous amounts of money.

But let's get one thing straight - you need to have the right attitude. If you've got it, read on, and let's get your foot in the door in the most lucrative industry on earth.
What you need to know 

You could find far worse places to start than our industry page for Investment Banking, which contains pretty much all the information about what the industry entails and breaks down the jargon for you. On top of that though, we've got a hints and tips page on how you can force the door open via a banking internship, or if the academic route appeals more to you, we interviewed Wesminster Business School's Professor Healeas on why an MBA is the foremost business postgraduate degree.
We’d also love to hear from you over on Facebook and Twitter, where we’re keeping you updated on all the latest advice from the financial careers world as and when it breaks. 
 
So if you're trying to make it rain in your career, we think you might be on to something. Just remember - hard graft breeds results. Earn it.

Best,
Jay, Editor

Thursday, 18 May 2017

Victory for Birmingham colleges as Government performs u-turn over apprenticeship funding

City politicians and colleges win their battle to get funding for Birmingham colleges to provide apprenticeships


Traineeships in construction are available at Bournville College
Traineeships in construction at Bournville College

The Government has backed down after announcing Birmingham colleges would be denied funding to provide urgently-needed apprenticeship courses.
Ministers are now set to announce that the funding will be made available after all.
City MPs expressed fury after the Department for Education published a list of colleges in March which will receive funding to provide apprenticeships - and no colleges in Birmingham were included.
Apprenticeships Minister Robert Halfon agreed to meet MPs to discuss their concerns, after he was told the Government was “destroying technical education for 16-year-olds in the West Midlands”.

Tuesday, 7 March 2017

Common interview questions and answers - Reed.co.uk

Common interview questions and answers

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‘Why did you leave your last job?’ ‘What are your weaknesses?’ ‘If you were a type of fruit, what would you be, and why?’

OK, so some interview questions are easier to answer than others. But whilst you can’t predict exactly what you’ll be asked, any question has the potential to make you stumble – unless, of course, you’ve prepared in advance.
To help give you an idea of what could come up, here’s our list of common interview questions, and how to answer them:

Common interview questions and answers


Tell me about yourself…
A common opening question, partly because your interviewers want to know more about you, but mostly because they want to put you on the spot and see how you react.
They’ve given you complete control here, and you should take full advantage of it. They have not, however, asked for your life story.
Keep your answer pertinent, and try not to go off topic too much. You’re here to interview for a particular position, and you shouldn’t lose sight of this. Remember: the interviewer is not just making small talk.  
Right answer: Should be about a two or three minutes long and briefly cover your education, your interest in the field, work history and experience.
Wrong answer: ‘Well, where do I start? I was born in 1974. A precocious child…’

What are your weaknesses…?
The first part of this question is realising that you actually have some (no, being a perfectionist doesn’t count).
Everyone has weaknesses or things that they can improve about themselves. And being honest with yourself here will save you a lot of time in the long run.
The best answers to this question take one of your weaknesses, and then give practical examples of how you’re trying to address it. A good example of this type of answer would be:
‘I used to find it difficult to work on simultaneous projects, preferring to finish on one task before starting another. However, since taking a time management course recently, I’ve learnt how to manage my schedule more effectively, making it easier to multi-task when necessary’.
Right answer: Weakness + how you’ve tried/are trying to address it = (eventually) strength
Wrong answer: ‘Kryptonite’

Why should you get this job?
This is unashamedly aimed at provoking a personal sales pitch.
As there will probably be a number of other candidates having interviews, this is your chance to demonstrate why you want the job, and why you would be a perfect fit for the company.
Essentially, the company is hiring for a reason (a brief summary of which can usually be found in the job description). You need to position yourself as the person to do this.
Right answer: ‘From what we’ve discussed so far, you’re looking to X (or, ‘having a problem with X’). In the past I have demonstrated X, Y and Z (experience and your main strengths), which have really helped my previous employer’
Wrong answer: ‘I just really need the money’

What are your salary expectations?
When completing your preparations for the interview, always have this question in the back of your mind.
Have a look at the average salary for someone in this industry, area, and who possesses similar skills to yourself, and you should get a basic idea.
But remember: this is only the first interview. You haven’t been offered the job. There’s no need at this stage to be try and begin negotiations. Giving a broad salary range will usually be enough to move on, but be prepared to back it up if you need to.
Just don’t be tempted to sell yourself short. If you’re not sure where to start, take a look at our average salary checker.
Right answer: A broad (but realistic) answer e.g. ‘I‘m looking for a starting salary somewhere between £25,000 and £30,000’
Wrong answer: ‘I’m not sure. How much are you on?’

Where do you see yourself in five years’ time?
Ah, the perennial job interview favourite.
What the interviewer really wants is to see that you’ve thought about your future, and gauge your ambition. They also want to verify that this isn’t just a stop gap position.
Although all of your answers should be tailored to the organisation and position you’ve applied for, this is especially the case with this question. If you’re going for an entry level position, for example, explain how you’d like your career to progress (e.g. ‘I’d like to progress to a Senior Software Engineer’ or ‘I see myself being a team leader…’).
If you’re going for a more senior position, explain how you’d be looking to move the company forward. Have a look at their business strategy or corporate objectives before the interview, and explain how you can help in achieving them.
Right answer: Be passionate about the industry. Fit your career goals around the organisation’s objectives, demonstrate ambition and exploit your strengths
Wrong answer: ‘On the other side of this desk’

Do you have any questions?
Right answer: ‘Yes’. No exceptions. To give you an idea of what questions you could ask, have a look at our list of Interview questions you should be asking.
Wrong answer: ‘No’

Other potential questions could include…


Why did you leave your previous position?

Right answer: Avoid the temptation to criticise your employer. Stay positive, but try not to lie. Always avoid saying that you’re simply looking for a new challenge if you can’t back it up, because the recruiter will dig deeper. If all else fails, explaining that there were no opportunities for career progression sounds a lot better.

Why is there a gap in your work history?

Right answer: Wherever possible, be honest. If it was for personal reasons, then say that. Otherwise, something along the lines of ‘taking a break whilst looking for a new career direction’ should be enough to move the interview along.

Why did you apply for this position?

Right answer: Very similar answer to why you want the job, but focus more heavily on why the position and company excite you, rather than why you should excite them. Demonstrate what you know about the company (and use the job description to back up why you’re the right person to do the job).

What’s your dream job?

Right answer: You can be relatively honest here, but use your common sense. Because it’s unlikely anyone one grew up dreaming of the day they’d become a Transaction Banking Systems Migration Specialist.

How to answer interview questions 

Whatever your answers are, don’t be tempted to improvise or answer on the spur of the moment. It’ll never come out as well as you’d hoped.
It doesn’t need to be scripted, but knowing why you want the job and what your strengths and weaknesses are should be a standard part of your preparation process and just as important as your pre-interview research.
It’s also essential to consider that you’ll not just be judged on your CV. Getting across your personality is of equal importance. In other words, don’t just think about your answers, but think about what they say about you.
Ultimately, you need to be likeable and display the parts of your personality that will make you attractive to prospective employers (engaging, dedicated, hard working etc). Entering a competitive interview, with the right mindset can really set you apart.
Finally, to avoid any awkward silences, never assume that the hiring manager has a sense of humour.
Just in case…

Need more interview questions?

Unfortunately, we can’t help you predict exactly which interview questions will come up on the big day. However, we can help you prepare for every eventuality and avoid any interview nightmares.
Buy James Reed’s new book: Why You? 101 Interview Questions You’ll Never Fear Again to find out how.

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