When you're a post-grad searching for finance jobs, you need to give yourself every possible advantage. You're not just aiming to prove yourself to hiring managers – you need to illustrate the fact that you can offer a better return-on-investment than any other applicants in your area.
The primary way that you can do this is by crafting an immaculate resume – one that accentuates all your strengths while remaining forthcoming and confident about whatever industry-specific talents you lack. However, there are other ways to give yourself a better opportunity at settling into a career in finance that you find fulfilling: you could begin to consider applying to different positions, or you could consider moving to a new city.
What are the best jobs to apply to in 2014?
One of the ways to obtain a new advantage in your job search is by shifting your focus from one job title to another. For example, you may be applying endlessly to hedge fund positions in vain – even though you may find much more success applying for financial analyst jobs. In some cases, the differences separating job titles in the finance industry can be minute, even if hiring practices across the two positions differ greatly. As a result, you should never "rule out" applying for a particular position – especially if it's part of a quickly-expanding market.
A recent study conducted by CareerBuilder and reported on by AOL Jobs illustrated the hottest positions in the finance market during 2013. These are important facts to note, as hiring managers in the finance industry are expected to make a large number of hires during the coming year: the report noted that 35 percent of financial services employers are planning to increase their full-time employee headcount from where it sat during 2013.
"Job growth in financial services is expected to outpace job growth for all occupations in 2014," Kevin Knapp, chief financial officer for CareerBuilder, told AOL Jobs. "This is good news for job seekers in the sector, whose skills will be in-demand across a range of businesses and occupations that typically offer highly-competitive wages."
CareerBuilder and AOL Jobs, as a result, issued a list of the most attractive jobs in the finance industry for the next 12 months. All of these positions are expected to grow in total employment at a faster rate than average during 2014 – and they have all grown at least five percent already in the years since 2010. The top seven positions are listed below:
- Credit analyst jobs
- Financial analyst jobs
- Actuary jobs
- Personal financial advisor jobs
- Credit counselor jobs
- Financial examiner jobs
- Accountant or auditor jobs
What are the best cities for job seekers in 2014?
While it's important to note which job positions in the finance industry will offer a multitude of career opportunities in the coming year, it's also important to know which cities will offer the highest number of job openings to its inhabitants. As a result, NerdWallet recently conducted a study – culled together from statistics provided by the U.S. Census Bureau and the Bureau of Labor Statistics – that named the top 10 cities to look for jobs during the year to come.
To rank the cities, NerdWallet considered a number of factors, according to the report. The study considered how many jobs were available in each city, how quickly the cities were growing economically and how much affordable housing was in each location. Considering all of these qualifications, the source found the top 10 cities for hopeful applicants to be:
- Austin, TX
- Washington, District of Columbia
- Fort Worth, TX
- Denver, CO
- Charlotte, NC
- Raleigh, NC
- Omaha, Nebraska
- Minneapolis, MN
- Oklahoma City, OK
- San Antonio, TX