ARTICLES, BLOGS & VIDEOS

The latest news, trends and information to help you with your recruiting efforts.

Posted May 05, 2016 by

Internships with small companies offer benefits

Interns Wanted / Internship concept courtesy of Shutterstock.com

Aysezgicmeli/Shutterstock.com

Many students place a higher value on “prestigious” internships at places like Goldman Sachs for finance, CNN for media, and Facebook for technology. While there is definitely value in interning for these firms, most of that value is derived from the perception of other people. I would encourage students to look smaller. I think experience working for small businesses and organizations can be the BIGGEST hidden gem in your college career. This played out in my own recruiting process. One of the best internships I had was with a small investment firm in Charlotte, North Carolina. The office consisted of only 15 people, and the internship was unpaid. However, I think I learned three years of skills and knowledge in my three months with the company. I have also seen this take place for other students I have interviewed on my podcast “Interns on Fire.” More often than not, students have a better experience interning for smaller organizations and here is why:

1. More responsibility: Since these companies are smaller, they lack the bureaucratic red tape that prevents interns from doing meaningful work. These companies are often competing against larger companies with 10% of the workforce. This translates to more meaningful work for interns.

2. More diversity: For many of the same reasons mentioned earlier, employees for these companies wear multiple hats. They have to coordinate events, answer customer calls, process orders, and manage key strategic initiatives. Since they work across different divisions, interns are more likely to do the same. Therefore, they will not be siloed into just one role or with just one task for their entire internships. Interns will likely get the opportunity to work across many different areas.

3. Better culture: Typically, smaller firms have better cultures and camaraderie. Because they are smaller, they tend to focus more on hiring people who are good culture fits. Hiring one bad egg does a lot more harm to a small organization than it does for a Fortune 500 company. Working for a smaller organization will give interns greater access to potential mentors and friends.

4. Ability to make an impact: Given that many small organizations have so much to accomplish with so few resources, they are often spread thin. In many cases, there have already identified a few valuable projects they just haven’t had the chance to work on yet. This leaves the door wide open for interns to come in and make an impact.

Don’t be afraid to go smaller. It can be the catalyst you need to jumpstart your college career. An internship with the right organization can be a game changer.

Interested in searching for internships? Check out our blog and follow us on Facebook, LinkedIn, Twitter, and YouTube.

Carl Schlotman IV, guest writer

Carl Schlotman IV, guest writer

Carl Schlotman IV was born and raised in Cincinnati, Ohio. Carl completed six internships in his collegiate career with world-class financial institutions such as: Bank of America, Merrill Lynch, and Goldman Sachs. After gaining experience with his internships and accepting a full-time offer with Wells Fargo Securities in Investment Banking upon graduation, Carl seeks to give back to younger students. He published his first book, Cash in Your Diploma, in April 2014.

Carl has spoken at several universities around the country to share his strategies and tactics for getting the job you want in the field of your choice, making the salary you desire. He also hosts a podcast highlighting the best student interns across the country, “Interns On Fire.”

Posted April 30, 2015 by

5 Finance Niche Career Options to Choose From After You Graduate

Customer and female financial agent in a discussion at desk

Customer and female financial agent in a discussion at desk. Photo courtesy of Shutterstock.

There are many career options that you can succeed in as a finance graduate. Some financial sub-fields require you to have further specialized knowledge beyond your degree. If you are targeting any such field, you have to invest further time and financial resources to get the necessary qualifications.

Below are some career options you should consider in the finance industry: (more…)

Posted January 21, 2015 by

Skills recruiters look for Hedge Fund Job in Investment banking professionals

Hedge fund word cloud

Hedge fund word cloud. Photo courtesy of Shutterstock.

The transition from investment banking into the field of hedge funds is quite common and natural. Banking professionals choose to dive into the frantically competitive world of hedge funds because these jobs are challenging, highly rewarding and open the doors to a whole set of new opportunities in the future.

Prior experience in the banking sector is an added advantage and increases the chance of success in the hedge fund market. Here is a comprehensive guide to assess the experience, specialisation and other skills required to excel in this job profile. (more…)

Posted September 09, 2014 by

What It Takes to Land an Entry Level Job in Mergers and Acquisitions

If you’re interested in getting an entry level job in mergers and acquisitions, the following post shares how you can acquire one.

Want to stand out from the competition when applying for a graduate job in M&A? Here’s how.

More here:

Continue Reading

Posted August 14, 2014 by

9 Entry Level Jobs in Finance with High Salaries

The following post shares nine entry level jobs in finance with high paying salaries.

Less emphasis may be on pay these days – with banks instead preaching culture and commitment – but most junior roles pay much more than equivalent positions in other industries. Here are some of the best high paying entry level roles in…

See original:

Continue Reading