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Does My Resume Need An Objective

By On Jan 14, 2020 Templates

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Because the analyst and associate jobs are entry-level roles, the investment banks care a lot about your interest in finance. They are trying to figure out whether this is something that truly interests you. The rationale is that candidates who have exposure to investment banking know what they are signing up for. They have a sense of what the job entails. Banks care about this so they can hire people who enjoy the work. Employees who enjoy the work will add a lot more value than those who dread it. You demonstrate interest in investment banking by having finance credentials on your resume. Things like academic major, school coursework, online coursework, internships, clubs, books, competitions, etc. It is a lot less risky for the banks to hire someone who has a demonstrated interest in finance than someone without any finance background. This often seems strange to candidates who are fully committed to investment banking. Are not everyone applying to investment banking passionate about finance? The truth is, banks get a ton of applications from people who just apply without knowing much about the job. People who learn about investment banking last minute and decide to give it a shot. It is very risky for the banks to hire these people even if they have a history of excellence because they can quickly realize they do not like the work. By looking for proven interest in finance on the resume, the banks can screen them out.

Be sure to use appropriate keywords liberally throughout your resume, as recruiter and employers often use software tools to find resumes. Examine the job description and frame your experience in light of that single position. Use the words within the job description when discussing your work experience and applicable skills. A direct consequence of this behavior is that each job for which you apply should receive its own personalized resume. Include the most important information at the top of the resume. Your previous work experience should be one of the first sections listed. When discussing previous experience and skills, prioritize by placing the most impressive and relevant information first. While there is much you can do to make your resume stand out in a positive way, there are several behaviors that need to be avoided. Do not share negative information. For example, writing a list of complaints about your last job does not add to your value as an employee. Do not include especially old or irrelevant work experience. Never include personal information such as your religion, sexuality, political leanings or other nonessential details. And, perhaps the most important resume tip, never lie. Lying on a resume can immediately ruin your credibility and your chances of getting the job.

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The most important characteristic banks look for is a history of excellence at whatever you do. It does not have to be about academics or finance. You can show excellence in anything you are passionate about. It can be soccer, violin, dancing, stand-up comedy, scientific research, YouTube channel, etc. Everybody has different personalities and bankers understand that. So the focus is not about what your hobbies are or what your major is. What they care about is whether you can excel at whatever it is you enjoy doing. Why does this matter if it has nothing to do with finance? Because the underlying personal characteristics necessary to succeed in any field are largely the same. Excelling in any area usually requires you to put in significant time and effort. It requires a mixture of hard work, concentration, memory, discipline, perseverance, organization, etc. These are all personality traits necessary to succeed in finance. Now, you might not definitively succeed in finance with these characteristics, but you’ll certainly fail without them.

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