Wall Street has undergone a radical face lift, but finance industry recruiters are expected to stick to roughly the same formula when looking to fill entry-level positions with college graduates in the future.
Wealth management, investment banking and research are expected to see a hiring surge in the coming years, according to Joseph Logan, founder and managing director of Pinnacle Group International.
Pinnacle Group International创始人兼董事总经理约瑟夫•洛根表示，财富管理、投资银行和研究领域有望在未来几年掀起招聘热潮。
“A strong background in accounting plus financial knowledge in uation is the key-and being well-rounded will help a lot,”says David Smith, an associate professor at the McIntire School of Commerce at the University of Virginia who specializes in corporate finance and banking.
Mr. Smith, who helps prepare students for finance job interviews, advises the students who want to head to Wall Street to eschew finance fads like the current demand in restructuring or credit derivatives which were hot two years ago and focus on becoming fluent in accounting and financial uation fundamentals that are applicable to any specialty. As the economy recovers more traditional financial services functions, such as mergers and acquisitions advisory will make a comeback.
Since most of the small firms lack the infrastructure to train new hires as intensely as their larger rivals, finance or business majors could be more attractive than an English or history concentration, says Barbara Hewitt, senior associate director of the career services center of the Wharton School at the University of Pennsylvania.
Students at liberal arts schools that don't offer intensive finance and accounting classes can develop a solid entry-level finance resume by enrolling in basic accounting and macro and micro economic courses. They can also bulk up on the more technical areas of finance by enrolling in summer classes at other institutions.
Fields like risk management may be gaining traction on Wall Street today in the wake of the financial crisis. Employers have also been posting more positions in risk management these years than before.
Technical and technological skills will take on greater importance. There will be a growing need for people who can understand and fix systems--from computer systems to product dis
Out-of-work finance professionals in the UK and US have a new reason for optimism about their employment prospects – especially if they speak Mandarin. Chinese financial institut