3 Careers for the Future in Finance

Impacted by the digital revolution, the world of finance has deeply evolved these past 20 years and is changing faster than ever before. Reduction of storage costs and the explosion of computing power have made possible finance applications that a decade ago, people only dreamed about. In this fast and complex environment, banks are in strategic need of recruiting young talents with skills that were not necessarily associated with finance in the past. Choosing to prepare for some of the key positions of tomorrow means you will be sought after by top banks when entering the professional world at the end of your studies.

Here are 3 career paths that will be key for employment with the banks of tomorrow:

Blockchain Specialist

Blockchain is the technology that was introduced by the Bitcoin. It was originally designed as a decentralized digital currency. The key behind blockchain technology is that it allows reliable transactions of value between several parties without the need for a central authority. The potential applications to the banking industry are still uncertain. We could see it replace the current system for transferring money between local and global banking entities. The strengths of such a peer-to-peer system could also be used to propagate, between financial institutions, details on each economic agent.That would allow a bank to know very quickly if a particular client can be trusted, and thus greatly reducing compliance costs.

One thing is certain however, this technology will have a huge impact on the industry in the decades to come. Most major banks have invested in research on this technology. As Simon McNamara from RBS has said “I don’t know what’s going to succeed. What I’m certain of is that we are going to see blockchain solutions and peer-to-peer solutions emerging in our industry and we want to be close to that development.” Blockchain specialists will have a strong interest in both computer science and economy.

Data Scientist

This one may be the most obvious. Banks are already recruiting loads of data scientists, and giving them some of the best paid positions in the industry. However, this is only the beginning of the revolution. As the algorithms get more and more sophisticated, the mission of computers will slowly move from applying a strategy to finding strategies by surfing huge amount of data.

Data scientists will design systems that will explore huge databases containing all kinds of data; historical prices, news, and even personal information on clients.; All of which will uncover invisible correlations and unknown relations between objects. It will then be able to run a strategy based on these new findings.

Ultimately, banks will have computers that will learn on their own how to make money from a huge compilation of diverse data. The focus of the competition will be to attain the best data and input it into these computers. This will be the application of machine learning to finance.

A data scientist is a specialist in statistics that also has an interest in computer science.

Financial Psychologist

The most experienced bankers will tell you, short term moves in price are explained in part by human psychology. In order to improve their decision-making process, banks will have to take these human parameters into account.Technical analysis can be seen as a precursor of this discipline, its goal being to capture some human behaviors by spotting recurring pattern in historical prices.

However, more recently, academics have taken a more scientific approach to these questions and interest is growing among bankers.

In the near future, banks will most likely be looking for people able to apply psychology and sociology, among other techniques, to the financial markets. Such “financial psychologists” will need to be specialists in human science and economy.

Where to Find a Cover Letter Template for Your Job Application

When applying for a job, we all know that presentation is crucial. Nevertheless, although we understand the necessity of dressing smartly for an interview, many of us will neglect to apply the same level of care to our application documents.

If you know that you come across well in person, but are unsure how you look on paper, you may need a little help with your cover letter – especially if you’re applying for the job of your dreams and want to be top of the pile.

Many people dismiss the cover letter, choosing to apply more focus to their CV. But it’s important to remember that whoever is considering your application will pick this up first, often before so much as glancing at your CV, so this is the place to really sell yourself.

While there are many ways to do this, bad presentation may prevent you from getting the consideration you deserve. Employers at of top firms will undoubtedly receive hundreds of applications from similarly qualified candidates, so will only consider those that stand out and make a good impression.

Of course, the content you write must be legible, literate, and compelling if you want to set yourself apart from other applicants – but the very first impression you will make is though the presentation of your paperwork.

It should also go without saying that your application should be printed on good quality paper, unfolded and placed in an envelope with the company’s name or contact details on the front, even if you’re handing it to them in person. But you also need to consider the piece’s format.

Formatting is where a lot of candidates become unstuck. In a world where e-mail and social media are our primary methods of communication, the last time you had to type an actual letter was probably in school. But you don’t need to go foraging back through your school books to get this right; as ever, the internet is full of information which can help you.

There are a range of resources available on the web, including websites designed to give candidates insights into the requirements of specific applications with renowned firms. Some sites will even display successful applications and interview details, so you can acquire some in-depth knowledge as to what’s expected.

You’ll usually have to pay a small fee to become a member of one of these sites, but it is well worth the investment – even if it only helps you secure one great role. There are also sites that will provide you will free templates for covering letters, which will give you a great indication of where to start.

If you’re copying a template from the internet, or using an online tool, be sure not to make this obvious to an employer. Industry professionals will spot somebody else’s work a mile off, so make sure the written content is all your own work, and you haven’t just reworded something you found on the internet.

If you struggle with spelling, why not search online for a proof-reader who can get your application up to scratch? Alternatively, you may be able to ask family or friends to help you. Either way, you want to spend some time thinking about both the content and layout of your covering letter to make sure you’re presenting yourself in the best possible light.

Last but not least, sign off with your full name and contact details. A covering letter should normally include your phone number, e-mail address and home address – the latter is so they can write to you in person if that’s how the company operates, but also to see how local you are and how conveniently you could get to work, so it’s important to include it.

Getting a Job/Moving Careers

If you search Google, you will probably find several articles on ‘having a fulfilling career’ or ‘a satisfying career’. These words are very commonly used, but one needs to understand the very definition of ‘fulfilment’ or ‘satisfaction’ in one’s professional life. The question you would then ask yourself is, whether this is really your expectation of a successful career. Does it give you the fulfilment you were looking for? Could it have been different, still? For many people, after having been through the past so many years in their current career, they wonder if they are indeed getting the inner fulfilment or inner success that they really wanted.

Consider the following questions:

Do you love and enjoy doing what you do at work?
What are those 3 things that you like most about your current job or career?
What are those 3 things that you dislike the most? What could have been different?
If there was one thing that you would like to change in your career, what would that be?
Do you feel there is something better for you out there?
Assuming you had all the skills and the right beliefs to make changes in your career, then what would your career look like?
Are you in a situation where you want to make a career shift, but do not know what to do?
If yes, then what is holding you back from making that shift?
Have you set any short-term and long-term goals for yourself that you wanted to achieve, and by when? If yes, are you facing any challenges?

These are some powerful questions that you might ask yourself, and you would have noticed that the focus of these questions was more on the inner-self, i.e. what do ‘you’ really want. Could this make your career more enjoyable, rewarding, and fulfilling?

If you said “yes”, then a Career and Performance Coach can help you. Read on to find out how…

So, who is a Career and Performance Coach?

There are people who have their jobs but certainly not the dream careers they desired, and wish to transition, while some people are in the process of getting into the right career of their choice. Then, there are others who are doing well in their present careers but want to raise their level of performance. Often, people face roadblocks as they move forward, and there could be psychological, behavioral, or emotional issues that come in the way of their progress. This is where a Career and Performance Coach could help you. A certified Coach supports you in making informed decision about you career development and trajectory. Through an interactive process of inquiry and dialog, the Coach provides you with a deeper insight into yourself, delving into your thoughts and beliefs, understands your motivational triggers, and helps you discover your true potential. The outcome is to make you realise what you really want to do, chart out a clear roadmap, identify and eliminate the limiting beliefs that come in the way of your progress, and guide you towards achieving your goal.

Midlife Career Changes Can Happen

It is not uncommon to find yourself in your 50’s and wondering what you are going to do with the rest of your life. Let’s face it, we are all living longer so you could easily jump ship from that dead-end job or take the mandatory lay-off at 55 and move on. The problem is that in a world that is moving so fast with technology, will you be able to catch up?

As it turns out, mature workers – those aged 45 and over – are in high demand in today’s marketplace. Even if you can’t believe you do, you possess several skills that employers are now looking for in order to keep their businesses on track and connected to the world it is operating within. But how is that possible if you don’t even own a cellphone?

Mature workers have “been there, done that” to the point where they are the most valuable people on the planet. That means you have tons to offer a new employer. Here’s a short list of the qualities they are looking for from mature workers:

1 – Leadership

Oddly enough, if your midlife career change puts you at the bottom of the ladder in a new job, expect to move up quickly. That’s because you have leadership skills from your years of experience. This puts you in the perfect position to mentor younger staff on such things as work ethic, respect and punctuality. Your value to your new employer just went up!

2 – Health

Sure, you’re in your 50’s and you aren’t about to take on the young bucks in a game of hoops after work but your health is still better. When the number of sick days was compared for employees 45 and older to all of them younger than 45, the mature workers took less days because they got sick fewer times. Again, your stock has taken a spike!

3 – Loyalty

Mature workers are the most loyal of all employees. That’s because they are not climbing the ladder early in their career to get somewhere. They’ve done that. Some have owned their own businesses and are looking to just do something to stay busy. Regardless of why you are still working into your 50’s, it won’t be because you’re trying to impress someone.

4 – Entrepreneurship

Here’s the most interesting thing about mature workers. Those who start their own business in their 50’s are more successful that someone in their 20’s or 30’s doing the same thing. Any idea why that is? They’ve made all their mistakes already and will do whatever it takes to avoid making them again. Does that sound familiar to you at all?

The Rest of The Story

So, if you think you will be working well into your 50’s because you have to instead of because you want to, you will be wrong. You have more value than you think and now is the time to leverage that into a nice little job or business to exercise all those talents you’ve been keeping hidden away just for this opportunity. A new career signals a new start – regardless of your age!

How to Draft a Functional Resume

Have you decided to restart your career after a long break or are opting for a career change? Are you worried about getting a job after an unavoidable gap? Writing a functional resume can help you draft an appropriate document and show the prospective employers that you still have much potential in you. Instead of the standard format, which tells about the work history of a candidate, a functional resume focuses on the skills and experience of an individual and demonstrates abilities for the job. While securing employment is the main motive of drafting a resume, using the correct format and layout can do wonders for the candidate and get the job in less time.

When you are having a large gap in employment history or have frequently changed job profiles, going for a skill-based resume instead of the traditional format can help you sell yourself better. Here are some tips that tell how to draft a functional resume.

Emphasize on your career summary

Rather than writing an objective statement that conveys you are seeking a full-time employment, opt for including a career summary in the document. So pay special attention to summary statement and write relevant skills. It will excite the hiring manager to take interest in your profile instantly. Including a summary statement is a great way to catch the recruiter’s eye and get the resume read completely.

Brainstorm what points must be covered

Writing a resume after many years can look like a grueling task. Consider including your volunteer experiences, innovative ideas, self-started initiatives, hobbies or social cause, and club membership. Understand what points will sound impressive and propel the recruiter to know more about you.

Avoid chronology

If you have had a good experience in a particular role in the past and had moved up the ladder before taking a gap, do not start your document by just listing the profiles in a reverse chronological order. Although previous work history is necessary, this is not the central point of your document.

Organize the document

Understand your best-selling points that are related to the new profile and then divide your resume into themes. Separate out the skills and accomplishment parts and focus on including the strongest asset at the top. By doing so, the prospective employer is in a better situation to analyze determine the candidate’s skills.

Make use of keywords

The typical resume writing rules while writing drafting such a document would apply even if the structure has changed a bit. So remember to mention the keywords from job descriptions that are a perfect match for your skills. You can take help of keywords to give appropriate subheadings or include them in your bullet points while framing sentences to demonstrate your capabilities.

Include relevant projects

One must also incorporate projects handled on a professional or personal level in this document. It shows your ability to successfully complete the project and deliver them in time. Personal projects can help the hiring manager learn about your passion and determine if it can benefit the organization. For example, if you have managed to run a small home-based business while on break, mention it in the resume. It shows you are willing to learn new things will demonstrate your ability to handle clients.

Mention work history in the last section

No matter whether you are starting a job in the same field after a decade or subconsciously going for a career change owing to some circumstances, it is important to write your work experience in the resume. Even if the hiring managers are not expecting detailed descriptions of your past jobs, they will love to go through your records. Including a work history can help highlight the skills that you have learned in your career. You can add this section as the bottom part of your resume. Mention your experiences by stating the organization, job profile and the time when you have worked with them.

Add an effective cover letter

Even if you are going for a role that is way too different from previous positions, attach a strong cover letter to your resume. In this letter, focus on your skills and talent that can show you as an apt candidate for the open position. Writing a cover letter will show why you are better than other candidates as well as remove doubts from the mind of hiring manager.

A functional resume helps you in highlighting your skills and accomplishments on the basis of importance instead of the time at which they happened. It can be the perfect medium to market yourself and pursue your career after a long gap in employment.

5 Tips For Warehouse Jobs Hiring

For warehouse managers recruiting and finding the right personnel is very essential. Warehouse vacancies demand the right employees those who can increase the overall productivity of the company by adding their dexterity and skills. The process of warehouse jobs hiring can be tiresome because of the excessive level of the procedure involved from posting job advertisements to interviewing each and every candidate. The managers do not have ample of time to focus on the recruitment and selection process because of the other major activities to perform.

Down below are the 5 expert tips that can help the managers to proceed with the logistics job openings without any hassle.

To Have a Detailed Posting or Ads for Requirement

Every warehouse and supply chain company is different from each other and demands for different personnel. Some companies may be technically advance and may not require the labour intensive employees, whereas some may have less IT capabilities and might need a skilled employee. Thus to avoid bad hire the tip is to mention each and every detail about the organisation in the job posting or advertisements duly.

To Look For Character More Than Degree

A degree from the qualified institute is important but more than that the deciding criterion for logistics job openings should be the character of the individual. It is better to observe the individual on the basis of how collectively with the co-members he can perform. It is better to look whether that individual can gel with the existing staff or not.

To Embolden the Referrals from Current Employees

The best way to save time and energy from the hiring process of warehouse vacancies is to encourage the referrals from the existing staff. This way, it will create less havoc to post ads and expenditure on the hiring process.

To Focus On Easy Application

If the company is having a poorly designed website for application invitation then prospective candidates may become uninterested. The application process should be easy and simple to complete. Many young candidates will lose their patience if the procedure is too long and strenuous.

To Automate the Procedure

There are plenty of online platforms that take care of the pre-screening and focus on the right description of job role, pay, working hours, brief about the company and much more. In this way, managers do not have to sit and pay heed to each and every detail. With such automatic process only the required and skilled personnel will be presented for the final analysis.

Best Part Time Business Ideas for Students

For some part-time job, you don’t have to wait until you have a degree. The best key and strategy for finding a part-time job for a busy college student is to look for those positions that have high-quality positions, flexible schedule and have a trustworthy source.
In home based jobs, there are certain scam websites too which attract you by offering a lot of income but are just fraud. So, as a student, while searching for a job, you need to be aware of these scams.

To perform a part-time job while studying is a daunting task. You have to balance your studies, classes, home works, and a job at the same time.

Here are some best part-time business ideas listed down that can help students in finding a good job:

1. Freelance Content Writer
If someone possesses excellent writing and editing skills, working on various freelancing websites and editing content for websites are the best business ideas for college students. You will be responsible for creating content in one or more subject areas depending upon the nature of the job. Many of the freelancer writers are earning handsome income today from this part-time job.

2. Online Tutor
Serving as an online tutor is the best job for you if you have teaching skills. This is the age of technology. Most of these jobs are work from home and have a flexible schedule. If you have a wealth of knowledge on some subject, you can help students in mastering their tough classes while earning some extra money for you. Teaching others not only benefit them but also increase your knowledge in that particular subject.

3. Social Media Assistant
Social media assistant and social media coordinator are the best part-time business ideas for graduates. Many graduates, often, seek for social media assistant job in order to earn a bulk of the money from the part-time job. The job of social media assistant is to manage social media channels and also to assist companies with content writing, marketing or other services which help their business overall.

4. Online Researcher
Many business professionals hire online researchers for a part-time job. These online researchers research questions were given to them so that the company can deliver client some high-quality answers and personable explanations. For this job, some research expertise and basic knowledge of business are required. If you hold such capabilities, this job is for you.

8 Employment Ideas for Seniors

If you loved your job before retirement, it is best to contact your former employer and request them to hire you as a part-time employee or a consultant. Since employers hate losing skilled and experienced employees, there’s a strong possibility that they will re-hire you. This will enable you to renew contact with all your old colleagues and coworkers.


Many seniors start their own small-scale retain business. If you have an attic full of books, have collected antiques over the years or any other saleable item that is cramping up space, you can set up a small retail store and consider selling these items. With the advent of e-commerce, you need not open a store either. Simply put up the items on eBay or Craigslist and watch your business grow. Social media marketing is also an important and budget tool.


Retired seniors with specialized experience and/or advanced degrees often become consultants. This allows them to share valuable knowledge and experience with others and work at their own convenience. There are many companies that actively seek retired finance professionals, lawyers and computer programmers to act as consultants for short-term projects.


Temporary jobs provide an opportunity for you to work at your own leisure. These may include general office jobs, such as customer services, order processing and bookkeeping. Typical assignment duration can range from one day to a few weeks. Look for the local job postings in your area that seek temporary employees and apply at your earliest.


Some small businesses seek professionals who can work from home. These include accountancy outsourcing firms, bookkeepers and content writers (freelancers). If you have experience in any of these fields, you can work from home for any of these businesses. All you’ll need is a laptop and a high speed internet.


If you’re looking for a low-stress job that carries a light responsibility and allows you to stay active, then a part-time job is just what you need. Several retail positions, sales-oriented jobs, children services and teaching assistant jobs need part-time employees, irrespective of their age and gender.


Many senior retirees are looking for jobs that allow them to give something back to their community. These jobs tend to pay very little and are often seeking unpaid volunteers. There are several animal shelters, religious organizations and Peace Corps that accept older individuals, in a good health, to work for them. Peace Corps also allows a legally married senior couple to work and serve together.


This is a viable option if you’ve had a career in sports or served as a corporate trainer. After retirement, you can serve as a coach for your local team or conduct seminars and workshops on motivation and leadership.

An Impact of Technology on Recruitment Business

Technology is very vital these days, every business needs technology to communicate with people. Technology has become humongous that we need a tech-savvy person in all fields. It is necessary to interact with your customers quickly and when we say quick reaction two words come to our mind, Social Media. Social media creating its impact in the whole world, everyone becomes techno-savvy whether they are an individual, company, organization or an entrepreneur. We all need technology at one point in time to scattered our ways, to reach out larger audience, and to boost conversion. If we talk about one particular industry which is growing on social media platforms is Recruitment Industry.This is one of the industry who is using technology to its own advantage.

A medium of Technology:-

Social media becomes the turning point in recruitment business nowadays, Recruiter can use the various social media platform to reach out a huge number of candidates on LinkedIn and Facebook. LinkedIn has become the best source of professionals to connect with recruiters and helps employees to find a suitable job. LinkedIn is social media enigma, that creates more impact on recruitment business and helps companies and employees to reach right person or platform. In short, it is a platform to connect the world’s users (recruiters and candidates) in a short span of time and provides the best opportunities as per their talent and requirement. Nowadays, LinkedIn giving tough competition to Jobs portal. Now let’s talk about YouTube. It is the great way to enhance your presence in the market and promote your video in different- different social media platform. From YouTube, you can get huge traffic on your website and reach out people from different geographical location, country, region, and state.

A benefit of the medium:-

As Technology enlightened our work and provides new ways to accomplish our task. Technology is also cost-effective for business owners, allowing them to invest in different areas of their business.

Benefits of Technology:-

  • To interact with job seekers in a less time and get access to the wider database.
  • Reach out the maximum numbers of candidates of a different field.
  • Analyse their CV online before approaching a right candidate.
  • Reach out to different companies, learn about the brand and work culture before applying.
  • Provide maximum information about the brand through companies blogs and make a candidate more aware of the profile and work culture.

Select Language – 20 Questions to Land You the Job You Want

A few key words to remember:

Radiate enthusiasm

Link your qualifications and experience with the requirements of the prospective job. Make it clear why you are the right person for the job.

Never speak poorly about your current boss.

Stress your ability to work with others.

Keep your answers work related and give examples that illustrate how you have grown on the job in quantifiable ways.

Speak of your accomplishments with modesty and discuss your career dispassionately and objectively.

If asked an inappropriate question, sidestep it with a gracious response.

Ask closing questions, and as the interview ends, repeat the eye contact, smile and handshake.

The correct answers are included under each question.

1. Why do you want to leave your current job?

I was originally interested in a position very much like this one, but I did not know when an ideal job would be available, so I started work at another, smaller company that had many of the opportunities I was looking for. I’ve spent the last two years getting up to speed on the industry and now feel confident that I have the skills and experience to work for you.

2. This job involves some foreign travel and experience. So tell me, how did you come to speak Mandarin?

I’ve always been interested in China. I see it as one of the most important markets in the emerging global economy. So in college, I minored in Chinese studies and was an exchange student for one year in Taipei.

3. Describe a tough problem you’ve had to deal with.

One Friday evening I had to get a package out by air courier and our printer froze up at the office. I didn’t know how I was going to make it. But two of my colleagues in another department heard about my predicament, and they offered to drive the files over to a quick-copy place to print them out. I had helped them out of a similar bind the month before, and they wanted to return the favor.

4. What is your typical workday like?

I have several goals that I try to reach each day. One is to clean out my in box. The second is to return all my phone calls from the previous day. The third is to make progress on a least two of the five projects we have pending, even if it’s only having a meeting to decide our next step. And when I’m ready to leave in the evening, I make sure to answer two more pieces of mail and make one last phone call before calling it quits.

5. What kind of decisions are most difficult for you?

It’s difficult for me to decide how to divide my workday so that I give all my projects equal attention. But I’ve enrolled in a time management program that our company offers, and it’s helped me organize my day.

6. Tell me about yourself.

I am goal-oriented and flexible, traits that were instilled in me from a young age. These qualities have helped me succeed in trying circumstances, especially after my father died while I was in college and I had to work to support myself and my younger siblings.

7. Do you prefer working with others or alone?

In my previous jobs, I have always had to consult with a coworker in some measure, and I have really enjoyed sharing tasks with others and combining our efforts.

8. What do you consider your greatest achievement?

When an employee I was supervising was having personal problems that affected his work, I helped him find assistance for the problem and improved his job performance.

9. Would you be willing to relocate?

Yes, my husband and I have already discussed that possibility and we agree that we’re willing to relocate, provided that we can find decently priced housing and good schools in the new locations.

10. Why were you laid off from your last job?

My department was downsized, and I had little seniority.

11. What is your favorite, out of all the jobs you’ve held?

Two years ago, I spent a year designing an interactive video game for an East coast company. I worked on a team with other creative types, marketing managers, accountants and lawyers, sopping up every aspect of the business. I’ve built on those skills since then, which is why I think my combination of experience and talent will work well with your company.

12. Why do you want to work here?

In my last job, I spent two years developing my expertise as a telecommunications engineer with applications in Latin America. I’ve read a lot about your company and know this one field you’re expanding into. I think that my mix of skills and experience would fit in with your overall plans for growth, and I’d like to be a part of your future.

13. How have you developed in your current job?

When I investigated our company’s employee training and development programs, I learned that I could be reimbursed at 80% for college classes. So in the last three years, I’ve earned an MBA, going to school at night and taking Internet classes.

14. How do you feel about the progress you are making at your current job?

I’ve received one promotion since coming on board two years ago, which challenged my abilities for about a year, but I feel it’s time to move on. I’m not learning anymore, and I feel that my personality and mix of skills would be much better suited to a large company such as yours that is an industry leader.

15. Why aren’t you married?

I haven’t found the right person.

16. What traits do you feel you can improve on?

I’ve been a workaholic for several years now, ever since my marriage broke up. I realize that’s not healthy, but it’s just a pattern I slipped into with all that extra time on my hands. However, I’ve recently joined a softball team and am taking a marketing class one night a week. I believe I’m on the road to a more balanced life.

17. What are some of the things that motivate you?

I’m motivated by the challenge of a new assignment, the awareness that I’m going to be thrust together with a team of like minded people who will be bringing different talents to the task, and the opportunity to contribute what I know and to learn new skills along the way as we assemble the best new product in the marketplace.

18. How do you feel about overtime?

For me, the most important thing is making sure that the job gets done right. If that involves working overtime, and I know that is unavoidable at most jobs, I’m willing to work some evenings or weekends.

19. What kind of people do you like to work with?

I’m an administrator, and that’s what they pay me for, but whenever I can I like to work with members of our creative team, because I find that I always learn something from the artists. Their input stretches my knowledge and I find myself thinking in ways that I never considered before, which helps me in my overall job.

20. Do you have any more questions?

Yes, as a matter of fact, Can you tell me more about your employee training and development opportunities? Also, I’d like to know what else I can do to prepare for this position as I await your answer. Are there any books or articles I should be looking at?