Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

9/20/11

Investment Banking Internship Resume - 6 Insider Tips for Writing an A+ Banking Resume

If you have investment banking work experience or similar corporate experience then you are going to want to scrawl it on your investment banking resume in size 100 font, because it's not only impressive but it is perhaps the number one quality bankers look for in applicants.

But even a Morgan Stanley summer internship can end up sounding second-rate if it's not described in the optimal manner, i.e. in order to make your investment banking work experience stand out you need to know how to write about it on your resume. With limited space this is no easy feat.

Thankfully there are 6 ways to take your work section from good to great...
Real results - although bankers aren't expecting million dollar achievements from a 20-something student, they do want to see sizeable results so don't be afraid to stretch the truth a little here. To help you decide how far (i.e. whether bankers will believe you) we'll take a look at an extract from an investment banking resume example - you can access this tutorial at our website (see below).
Extremely specific - adding in details like numbers, dates, project names etc. will make your achievements look 10 times more believable than every other student who simply fills their dot points with Ben Stiller esque words like "a lot" or "for a project". But be sure to keep everything succinct per the '15-seconds to bin' rule. Getting this balance right is part of the riddle of the resume and something we will help you solve in the Inside Investment Banking System this fall (BETA version just launched).
Client or employer focused - banks are in the 'people as resources' / 'enrichment of stockholders' business and want to see what return they would get on you; what value you would add. So when you're writing about results you achieved in past jobs be sure to hammer on about how you increased profits, turnover, morale, insight, strategy, ideas, or how you saved time, money, made things easier, more convenient, innovated, increased efficiency, brought in more business, new customers, or otherwise rocked the joint. This way you are not simply telling them just what you did, but also why it mattered...i.e. it enriched your former employer's clients or the former employer themselves.
NOT 'you' focused - no banker wants to hear about how you learned lots of 'awesome lessons man', unless it's directly relevant to banking. I mean can you think of anything more contrary to the previous point than writing "I learned so much, me, me, me". So just like any good car salesman slinging busted up Dodges on some highway near San Diego make sure you talk about "them, them, them" (former employer / client), not you.
Laced with banker-friendly and business-y terms - littering your resume with terms like 'the space', 'competitive landscape', 'return on investment' and other financial dirty talk will endear you to bankers instantaneously. You will subtly showcase insider knowledge, and probably above all that you are a student who actually cares about business. But please avoid turning into a freaking management consultant who fires more BS lingo around than a CNBC talking head - ie don't let your resume get too BS-dense!
Supplemented with metrics - whether it's $, %, fold, units or amount, you have to use numbers to quantify your achievement, because they are the language of bankers and also add further authenticity to your achievements. To make the numbers 'pop' time frame them; i.e. how long they took to achieve. Numbers when used right will also hypnotically draw bankers eyes to your resume, which is crucial for gaining their attention and interest - and beating the '15 seconds to bin' rule. Also numbers will help a banker understand your achievements even when they are in an unfamiliar industry (e.g. reading about your part time engineering job!). PS It might be worth verifying ballpark numbers with your current or former employer in case the bank wants to ring your old boss as a reference.

For more advice on writing your investment banking internship resume check out our website.

Richard is the head writer for Inside Investment Banking - a one-stop shop of advice for students just like you who want to know how to get into investment banking without a 4.0 GPA from Harvard or nepotistic connections on Wall Street.

Created by a team of 5 young bankers, Inside Investment Banking contains all the real insider advice you need to write killer banking resumes, answer tough interview questions, network with bankers and much more.

You can read more Free Tutorials on Investment Banking Recruiting just like the one above by visiting http://insideinvestmentbanking.com/ now.

(c) Copyright - Inside Investment Banking. All Rights Reserved Worldwide.

Read more ...

7/14/11

How to Write Resume Objectives for Banking Jobs?

A banking resume objective has to be written specifically because it is a calculative world. Though the style aspects are the same for writing, you just have to apply your industry keywords to it.

Writing resume objectives is one of the toughest tasks to do while writing your resume. While writing the objective statements there are some criterion to be taken care of. Here are those points:

• First understand what an objective statement is. Just after your personal details, you need to add a small statement telling about your career goals, why you want to do the particular job etc. Usually, the statement should have 2 to 3 lines containing the gist of your aim, why you are applying for this job, and what you expect from the employer, and can offer to the organization.

• What is the purpose behind writing the objective? Resume objective statements basically work to establish your professional identity and let the employer know about your intention of joining them, and what you can offer to the organization.

• Once you know what to write in the content of the cover letter, you can draft it then. Before you prepare the main draft, answer the following questions:

1. What are your career goals?
2. What are your main qualifications?
3. What positions you are looking for?
4. What kind of organization you are looking to work in?

• While writing the resume objective, many people commit a mistake or find it difficult to write specifically. In an intention of compiling everything in a single objective statement, people stretch it and make it lengthy unnecessarily. When it comes to writing objectives for banking jobs, it is very important to be specific as the smaller and clear objective statement, the more it will help you to move forward towards the job.

Let us take an example before concluding so that you will have a clear idea. An objective saying, 'A position allowing me to utilize my skills and expertise in various areas' raises many questions besides answering. Just telling the employer that you may utilize your skills will not do. Which skills? What expertise? Why are you applying specifically for this job? will answer the doubts of the employer. Thus, ask yourself questions first, and if you get all answers in the objective, it means your objective is written perfectly. The last option is to consult a career expert, or ask your friend to check or rehearse with you, like an employer and candidate. You will get your answers.

I'm a commercial writer that specializes in wrting and provding tips for resume cover letters and resume objectives. Check out my Concept-a-Day page to see something new and fresh!

Read more ...

7/6/11

How to Write Resume Objectives for Banking Jobs?

A banking resume objective has to be written specifically because it is a calculative world. Though the style aspects are the same for writing, you just have to apply your industry keywords to it.

Writing resume objectives is one of the toughest tasks to do while writing your resume. While writing the objective statements there are some criterion to be taken care of. Here are those points:

• First understand what an objective statement is. Just after your personal details, you need to add a small statement telling about your career goals, why you want to do the particular job etc. Usually, the statement should have 2 to 3 lines containing the gist of your aim, why you are applying for this job, and what you expect from the employer, and can offer to the organization.

• What is the purpose behind writing the objective? Resume objective statements basically work to establish your professional identity and let the employer know about your intention of joining them, and what you can offer to the organization.

• Once you know what to write in the content of the cover letter, you can draft it then. Before you prepare the main draft, answer the following questions:

1. What are your career goals?
2. What are your main qualifications?
3. What positions you are looking for?
4. What kind of organization you are looking to work in?

• While writing the resume objective, many people commit a mistake or find it difficult to write specifically. In an intention of compiling everything in a single objective statement, people stretch it and make it lengthy unnecessarily. When it comes to writing objectives for banking jobs, it is very important to be specific as the smaller and clear objective statement, the more it will help you to move forward towards the job.

Let us take an example before concluding so that you will have a clear idea. An objective saying, 'A position allowing me to utilize my skills and expertise in various areas' raises many questions besides answering. Just telling the employer that you may utilize your skills will not do. Which skills? What expertise? Why are you applying specifically for this job? will answer the doubts of the employer. Thus, ask yourself questions first, and if you get all answers in the objective, it means your objective is written perfectly. The last option is to consult a career expert, or ask your friend to check or rehearse with you, like an employer and candidate. You will get your answers.

I'm a commercial writer that specializes in wrting and provding tips for resume cover letters and resume objectives. Check out my Concept-a-Day page to see something new and fresh!

Read more ...

7/4/11

How to Write Resume Objectives for Banking Jobs?

A banking resume objective has to be written specifically because it is a calculative world. Though the style aspects are the same for writing, you just have to apply your industry keywords to it.

Writing resume objectives is one of the toughest tasks to do while writing your resume. While writing the objective statements there are some criterion to be taken care of. Here are those points:

• First understand what an objective statement is. Just after your personal details, you need to add a small statement telling about your career goals, why you want to do the particular job etc. Usually, the statement should have 2 to 3 lines containing the gist of your aim, why you are applying for this job, and what you expect from the employer, and can offer to the organization.

• What is the purpose behind writing the objective? Resume objective statements basically work to establish your professional identity and let the employer know about your intention of joining them, and what you can offer to the organization.

• Once you know what to write in the content of the cover letter, you can draft it then. Before you prepare the main draft, answer the following questions:

1. What are your career goals?
2. What are your main qualifications?
3. What positions you are looking for?
4. What kind of organization you are looking to work in?

• While writing the resume objective, many people commit a mistake or find it difficult to write specifically. In an intention of compiling everything in a single objective statement, people stretch it and make it lengthy unnecessarily. When it comes to writing objectives for banking jobs, it is very important to be specific as the smaller and clear objective statement, the more it will help you to move forward towards the job.

Let us take an example before concluding so that you will have a clear idea. An objective saying, 'A position allowing me to utilize my skills and expertise in various areas' raises many questions besides answering. Just telling the employer that you may utilize your skills will not do. Which skills? What expertise? Why are you applying specifically for this job? will answer the doubts of the employer. Thus, ask yourself questions first, and if you get all answers in the objective, it means your objective is written perfectly. The last option is to consult a career expert, or ask your friend to check or rehearse with you, like an employer and candidate. You will get your answers.

I'm a commercial writer that specializes in wrting and provding tips for resume cover letters and resume objectives. Check out my Concept-a-Day page to see something new and fresh!

Read more ...