Helpful Tips to Advance Your Career in Finance

Unless you have retirement in your sights, you would probably like to further your career in finance. While gaining experience on the job is beneficial, there are additional steps you can take to increase your odds of finding opportunities that can help you move forward.

If you want to advance your career in finance, here are some useful tips to get you heading in the right direction.

Find a Mentor

Whether you have a specific dream job in mind or simply want guidance while crafting your career path, working with a mentor can be beneficial. They can provide you with insight based on their experiences, which may help you avoid missteps and fast track your career.

When you begin searching for a mentor, focus on professionals you respect who work in a role you would like to land in the future. Then, once you identify an ideal mentor, reach out and ask them if they will take on the mantle. In many cases, people are happy to share their wisdom if they have the time available. However, you can’t expect them to approach you, so you have to be the one to make that connection.

Boost Your Network

Having a strong professional network can increase your odds of finding exciting opportunities. Many jobs go unadvertised, so you will only learn about them if you have a direct connection to the company.

Additionally, when you network, you can expand your knowledge in the field of finance. You’ll meet people who can help you learn and grow, and many of them will gladly talk about their professional experience or offer insights that can help you progress.

When you attend a networking event, make sure you have the proper mindset. Even if your goal is to advance your career in finance, you need to approach people in a way that doesn’t seem selfish. Begin with a basic introduction, and don’t shy away from casual conversation. Then, look for a chance to help them, as people are more willing to offer assistance or support to those who do the same for them.

Get Certified

Adding a few financial certifications to your resume is a great way to advance your career. You’ll gain access to new opportunities because of your enhanced credentials, making it worth the time and effort to get certified.

If you aren’t sure where to begin, consider taking exams for the CCP, CFA, CFP, CPA or FRM. Each of those exams is available at the state level and are usually readily accessible. If you already have the certifications you need for your finance career, you can also explore advancing your education. For example, going from a bachelor’s to a master’s degree can open a lot of doors too, making it a solid alternative.

Ultimately, all the tips above can help you advance your career in finance. If you’d like to learn more or are seeking out new opportunities in the finance sector, the staff at The Squires Group can help. Contact us to discuss your career goals today and see how our professional services can benefit you.

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