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Top 7 Ways to Get a Job in Finance after Engineering




When it comes to building a career, things often take unexpected turns as we explore and learn. Choosing engineering as a career goal may not always align with your initial expectations. If you're someone considering a career change from engineering to finance, there are several ways to enhance your chances of securing a job in the finance industry after completing your engineering degree.

Top 7 Ways to Get Jobs in Finance for Engineers


1. Learn/Gain Knowledge:

  • Always remember to build a strong foundation in finance as your starting point.

  • Begin by learning and exploring the possibilities that come with transitioning to a career in finance.

  • Familiarize yourself with the various learning opportunities available, such as certification programs in finance, accounting, or related subjects.

  • These programs can provide you with a solid understanding of financial concepts and analytical skills essential for the field.

2. Understanding the Network:

  • When it comes to making a career change, becoming an expert in your desired field is crucial.

  • Therefore, consider attending finance-related events and networking with professionals who possess extensive knowledge in the field.

  • Take advantage of conferences and seminars to acquire valuable insights and broaden your understanding.

  • Additionally, actively engage in online forums and groups on social media platforms that focus on finance.

  • Participating in discussions and exchanging ideas with fellow enthusiasts can greatly expand your knowledge and provide valuable industry insights.

Note: In addition, consider engaging with industry experts to gain further clarity in the field of finance. By connecting with professionals in specific branches of finance, you can obtain valuable insights and guidance to facilitate your career switch. Meraki offers a service that connects you with Industry experts who can address all your queries and provide valuable advice. Reach out to these industry experts today and make informed decisions about your finance career.

3. Emphasize Skills:

  • Ensure that your portfolio speaks highly of your capabilities.

  • Highlight the transferable skills you acquired during your engineering career that hold value in finance.

  • Emphasize your proficiency in analytical thinking, attention to detail, and quantitative analysis, as these qualities are highly sought after in the financial industry.

  • Showcase your stability in these skills through well-crafted resumes, cover letters, and interview performances when pursuing finance roles.

4. Masters in Finance After Engineering

  • Furthering your studies through higher education can offer a better understanding of your career goals.

  • Consider pursuing a Master's in Business Administration (MBA) with a specialization in finance or a Master's in Finance (MFin) degree after completing your engineering degree.

  • These programs provide comprehensive knowledge of finance and can greatly enhance your credibility within the field.

  • By acquiring advanced qualifications, you will be better equipped to pursue career opportunities and excel in the finance industry.

Note: If you are considering pursuing your Masters abroad, contact Meraki for comprehensive guidance throughout the process. From selecting the best university to preparing your CV, LOR, SOP, and more, Meraki's Study Abroad services can assist you. Get in touch with Meraki today for expert support in studying abroad.

5. Experience Matters:

  • After obtaining a degree in finance, it is essential to seek opportunities to gain practical experience.

  • Direct your efforts towards developing skills such as financial analysis, budgeting, and data analysis, which are highly relevant in the finance field.

  • Starting your career as a financial analyst can be a valuable stepping stone towards building a successful long-term career in finance.

  • This role allows you to apply and enhance your financial skills while gaining hands-on experience in analyzing and interpreting financial data.

6. Welcome Entry-Level Opportunities:

  • For beginners aiming to build a career in finance, securing an entry-level position is crucial as it provides a foothold in the industry.

  • Starting at an entry level allows you to gain valuable experience, learn the intricacies of the finance field, and develop a strong foundation.

  • Once you have acquired some experience, you can then explore other opportunities and progress further within the finance industry.

  • It's important to view entry-level positions as stepping stones that can lead to growth and advancement in your finance career.

7. Be Aware of New Things:

  • Always remember that regardless of the industry you choose to start or switch to, it is essential to stay updated with the latest developments within that field.

  • Remain engaged and connected to the network by staying informed about industry updates, trends, and advancements.

  • Maintain a studious mindset and actively seek knowledge to continuously learn and expand your understanding.

  • Being aware of emerging trends and changes in the industry will not only enhance your professional expertise but also prove beneficial during your job-seeking process, as it demonstrates your enthusiasm and adaptability to potential employers.

Top finance jobs for Engineers to Start With

  1. Junior Finance Executive

  2. Finance Analyst

  3. Accountant

  4. Payroll Executive

  5. Financial Adviser

Best Courses to Build Your Career in Finance

  1. Master of Business Administration

  2. Master of Science in Accountancy

  3. M.E in Engineering Management

  4. Financial Analyst Training Online

  5. Certified Management Accounting

  6. Chartered Financial Analyst

  7. Chartered Financial Planner

Conclusion


Remember! Continuous education and self-improvement are crucial when transitioning from engineering to finance. Recognize that this transition may require time and focus, so it's important to be proactive, patient, and dedicated to your learning journey.


Stay committed to expanding your knowledge and skills in the finance industry through various resources, such as books, online courses, industry publications, and networking opportunities. Embrace a mindset of lifelong learning to adapt to the new field and increase your chances of success.


Remember that perseverance and a genuine passion for learning will ultimately contribute to your growth and achievements in the finance industry.


FAQ’s


1. What Finance courses I can take after Engineering?

A. MBA, Master of Management, Financial Accounting, and more courses can be taken after engineering.


2. Is finance a good career option after Engineering?

A. Yes, switching to finance after engineering is a good career option.


3. What is the average salary of a Finance Analyst?

A. The average salary of a financial analyst ranges between 2.5 to 12.2 Lakhs per annum.

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