Johnny C. Taylor Jr.
Johnny C. Taylor Jr. answers your HR questions as part of a series of articles for USA TODAY. Taylor is president and CEO of the Society for Human Resource Management, the world's largest association of HR professionals, and author of “Reset: A Leader's Guide to Work in an Age of Upheaval.”
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Question: I'm a recent college graduate just starting my career in the finance industry. What advice would you give to help me stay competitive and grow my career in this field? Izzy
Answer: Congratulations on your graduation! A career in finance can be an exciting journey. Here are some key strategies to help you succeed:
1. Join a professional associationMember associations offer valuable resources, such as industry-specific research, professional development opportunities, and networking events, to help you stay up to date on trends and advancements in your industry. Many also offer certification and training programs to advance your qualifications and expertise.
2. Expand your professional networkStart with family, friends and former colleagues. Even if they're no longer in the finance industry, they can offer valuable advice and connections. Attend professional events, conferences and alumni gatherings. Building relationships with colleagues, managers and industry leaders may open up new opportunities. Use platforms like LinkedIn to connect with experts in your field. Join finance-related groups and actively participate in discussions.
3. Demonstrate initiative and work ethicBe willing to take on challenging work and lead projects. Ask for opportunities for advancement, showing that you're willing to go above and beyond expectations. Participate in leadership development programs offered by your employer or professional associations. Demonstrate your value by consistently delivering quality work and demonstrating tenacity – this will help you stand out from your peers.
job hunting:How do I ask for resumes from former managers or colleagues? Contact your HR department
4. Commit to continuous learningLearning doesn't end with formal education. Industries such as finance are constantly evolving, so staying up to date is at least as important as getting your first degree. Read trade publications, subscribe to financial newsletters, and follow trusted financial news sources. Engage in professional development. Attend seminars, workshops, and conferences to keep your skills and knowledge up to date. To strengthen your qualifications, consider earning an advanced degree or professional certification such as a CFA (Chartered Financial Analyst) or CPA (Certified Public Accountant).
Five. Gain power skillsSome call these soft skills, but I call them power skills because they can greatly enhance your technical acumen and your ability to collaborate with others. Strong communication and teamwork are essential in the finance industry. Commit to effectively communicating complex information and working with diverse teams. Develop the ability to analyze data and solve problems creatively. These skills are highly valued in the industry.
6. Seek out a mentorSeek out experienced professionals who can provide guidance, support, and insight into the financial industry. Constructive feedback from mentors and peers can help you identify areas for improvement and growth.
7. Set career goals. Clearly define your short-term and long-term career goals, which will help you stay focused and motivated. Regularly review your goals and adjust them as needed to fit your changing interests and the evolving landscape of the financial industry.
I'll add one more suggestion. Have a wide range of optionsAs you progress in your career, you will likely develop expertise in certain areas. Actively consider how your expertise can be applied to other areas. Find ways in which your experience can complement and add value to other disciplines and fields. So, don't get stuck in a siloed mindset. Explore how finance can broadly enhance other business functions, industries and sectors. Doing so will give you flexibility in your career and give you more options for growth.
Adopting these strategies will help you succeed and thrive in your finance career. We wish you every success on your journey!
Career change?What should you consider when considering a new career?
