Now is the time to invest in you and your career to ensure you are ready to hit the ground running when lockdown and the Covid-19 crisis is over.
Taking some time to review your career and plan exactly where you want it to go, is a constructive plan which will reap you rewards in the future as you progress your career goals. To register your interest in accessing more tailored support and ideas please click here and please follow this link to find out more about the support we offer for interview preparation and careers coaching.
The restrictions we are all working under at the moment are temporary and the crisis will end. The world of work we return to may be very different but opportunities for promotion or career moves will be available. Whether you are furloughed, not working or your workload has dramatically decreased you are bound to find you have a lot of spare time on your hands, so, now is the time to build your skills and focus on where you want your career to lead you.
There are a number of strategies you can adopt to make sure you come out of this crisis in a better position to impress your current or future employers as well as feeling that you are being constructive, moving forward and boosting you sense of purpose and wellbeing.
These include upskilling, keeping up to date with your sector and expanding your knowledge and understanding. Make the most of the time you have and the fact that you are likely to be working from home by utilising digital courses and other sources to develop a new skill or hone an existing skill that will help you secure your career ambitions. There are many tools and platforms out there for you to choose from and here’s our recommendations and advice on how to upskill remotely:
- Are there any eLearning courses your employer offers that you haven’t done yet? Look into these and fully utilise all the resources on offer online.
- Consider taking an online course to develop your skills – many skills particularly technological, IT, language and writing orientated skills can be developed by doing an online course. Udemy offers courses from £11.99 in all aspects including corporate finance and financial modelling. AMT is a specialist training provider with courses in all modelling including LBO modelling. Breaking into Wall Street offers courses across the investment banking skill set including modelling. For more all-round skills training you could have a look at LinkedIn learning and Open Education which is a free resource.
- Reading sector related business books – this can build your understanding of many aspects of the banking market as well as enable you to develop ideas and insights which would be great to mention at meetings and interviews. Don’t forget you can get audio books as well which you can then listen to at any time, maybe even when you are out for your daily exercise. Please follow this link to see some good recommendations of books related to front office investment banking https://financialanalystinsider.com/best-investment-banking-books/
- Podcasts – you can find podcasts on any topic and they generally free. Have a look at the following ones related to banking and corporate finance; FT podcasts, Corporate Finance Institute recommendations – including business, financial modelling, Bloomberg and investment podcasts
- Keep up to date – making sure you still have your head in the game and are aware of what is happening in your sector is very important. We are in unprecedented times and a lot is happening on a daily basis that is not covered in the news as it Is not related to Covid-19 but you need to find it. Looking out for company changes, people moves, sector developments and financial markets trends is essential at this time and will provide you with a lot of discussion points at interviews or even in reports in the days to come. Ideas on how to keep up to date include news and sector related updates – there are numerous daily feeds you can sign up to for free that will keep your inbox full and you up to date. The news feeds we suggest are; Efinancialcareers, FT, City AM. It is also worthwhile keeping an eye on your LinkedIn feed as there will be numerous updates on there.
Other aspects you can focus on to put yourself in prime position for when the job market bounces back include:
- Make the most of LinkedIn. Review and add to your LinkedIn profile, you can include skills, ask for recommendations, follow relevant companies, join relevant groups and write posts and articles to send out to your network.
- Maintaining and Building your network. Make sure you keep in touch with your colleagues, friends in the industry, mentors and anyone else you would like to meet with in the future. You can do this via LinkedIn, email or even using MS Teams or Zoom for virtual meetings. Everyone will be missing the social interaction of being in an office so dropping a note to see how someone is or if there is anything you can do to help will be appreciated.
- Spend some time Researching sectors, roles and opportunities you would be keen to pursue in the future. LinkedIn is a fabulous source of jobs and other information but there are other sources out there including www.efinacialcareers.com. You can then sign up for job alerts and other free services.
- Updating and reviewing your CV to ensure it makes the right impression is a great idea. Make sure you have an engaging, relevant and evidence based personal statement that you can tailor for different applications.
Stay positive and add structure to your day and routine to your week, making time for each of the above activities throughout your week then you can review your progress and feel positive about the progress you are making.