From www.FinancialServicesCrossing.com Many graduates and young workers in the United Kingdom are eager to enter the banking industry. No one can decry this enthusiasm, as there are very lucrative positions with major banks throughout the country. However, banking professionals who have been in the industry for years would attest to the highly competitive nature of the job market at present. After all, thousands of graduates are competing with local and international professionals for jobs as advisors, bankers, and stock traders. Graduates and those just getting into the banking profession must accordingly familiarise themselves with the methods best attuned to securing their dream job.2007 sees graduate starting salaries make rises in certain areas with best-paying employers being those for investment banking. Graduates entering investment banking jobs can command entry salaries of £36,000 with legal firms and business consultancies following close behind. By contrast, the lowest graduate starting salaries occur in retail and transport jobs, which often pay around £20,000.The first tool that must be used to secure a quality banking job in the UK is the CV. A CV is not just a list of experiences and accomplishments; it is a calling-card promoting a young professional within the world of banking. As such, several actions should be taken to create a quality CV for banking positions. Applicants need to include a short statement of goals at the top of their CV, which usually explains in one sentence why they are applying and in another sentence outlines their professional goals. Descriptions of academic and professional experiences should be kept concise in order to save the weary eyes of a hiring manager. Finally, a bank professional’s CV should include references in order to save time and trouble for the prospective employer.The world of corporate finance is wholly different as it usually entails working 'in house' using your technical knowledge to plan for a businesses future, the work is driven towards the growth of the business. Fundamentally jobs in this sector of the banking industry create value for their company, they are predominantly performance related so subsequently can be high pressure, although this pressure is elongated and based upon long term goals.Financial planners carry out similar tasks to those in the corporate sphere; these jobs however are focussed upon helping individuals plan for their future. The work requires outstanding interpersonal skills while it can be ultimately rewarding; both financially and personally. For this role understanding of estate planning issues, investments and taxes is a prerequisite.
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