Getting a position in graduate program is very competitive. If you’re on the outside trying to get in, you need to have a real enthusiasm for it - a passion even. The recruitment process is rigorous and challenging. If you’re only in it for the money you’ll soon be found out! To help you get through the application and interview process, here are some practical steps you can take. BestTop has highlighted the most important tips in our own opinions.
1. Research the industry, the firm, and what the role is
All pretty obvious maybe, but you shouldn’t underestimate how important this is. You’ll be asked lots of questions in your interviews. The more you know, the more evident it will be that you have a passion for the industry and the role.
· Read up on exactly what the role entails (this site should give you a good start).
· Do some research into the bank and its competitors.
· Try to get a basic understanding of the jargon related to the job you're applying for (check out Learn the jargon).
· Make sure you have an opinion on the domestic and world events that may be having an impact on banking at the moment.
· Read the financial papers (especially on the day of your interview).
2. Attend events
Attendance at recruitment events will help you get a better understanding of the world you’re about to enter. It might also give you an idea about the type of people you’ll be working with. Helpful tips and techniques from recruiters will be available. You’ll also be able to network – and you might even want to mention some of the people you meet on your application form.
3. Ask questions
Talk to fellow graduates or other university alumni. Do you have family or friends who work in banking? What can they tell you about it? Who else is thinking about going into it? Talking to people at an early stage can help both your research process and the decision you need to make.
4. Get experience
The more experience and knowledge you have, the better your chances. It’s just like any job. Try to relate any work or life experience to its relevance to your application. A previous summer internship is also a definite advantage. And remember - if you haven’t got relevant work experience, don’t be put off. A school club activity, extra training, or volunteer leadership will all be of interest to the recruiter.
5. Completing the application form
This is a vital stage of the recruitment process. Be sure to put effort into producing something of high quality. There’s little point bothering otherwise. Try to highlight throughout your application examples of what your talents are. Teamwork, attention to detail, drive, problem-solving, communications skills – they’re all important. Print it out first. Start with a rough version. Get someone to check it. Your careers service may offer help with this. And make sure you do a spell check – once submitted you application can’t be changed.
Still not sure how to do the preparation? AskBestTop!
Reference: http://www.unofficialguidetobanking.com/recruitment-top-tips.php. Access date 22 Feb 2013.
