Fine dining? Champagne? Vacations to the Bahamas? If you’re looking for a life of luxury, you’re going to have to work hard. But when it comes to the financial sector – one of the most lucrative industries out there – it can be difficult to get a foot in the door. Here are 7 ways to find high paying jobs in finance that you need to hear about.
1. You’ll Need The Experience
If you have aspirations to work on Wall Street, you’ll need to plan ahead. Landing a high paying job in finance can often take years, and you’ll need the right qualifications and experience before you can even thinking of applying for certain positions. The highest paying jobs will often require an MBA, as well as several years experience (including internships). However, put the work in now and it could pay off in the long run – especially when finance is one of the most well-paid careers out there. Statistics suggest that the average wage for a financial analyst in the city is around $75,000. But that’s just the average – some finance workers can make salaries that far exceed this amount, and that’s without taking into account bonuses and other perks. But even with years of experience and the best academic record, sometimes that isn’t enough. To succeed in this game, it’s sometimes a case of who you know, rather than what you know…
2. Network is Important!
Networking can be one of the best ways to land the job of your dreams. This is your chance to converse with industry leaders and other experts in the financial field. Take stockbrokers for example. This highly competitive field involves getting referrals from other clients, so you’ll need a pool of contacts to draw from once you start working. In order to impress your clients, you’ll need to deliver results. But you’ll have to rely on your networks in order to achieve this. So how do you go about it? Well, make yourself available – attend financial seminars, conferences, and be prepared to undertake some unpaid work experience. Internships are a great way to get noticed by employers, but these can extremely sought-after, so do your research and plan ahead.