Applications and deadlines explained talk 2013 (1 hour) 1
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Applications and deadlines explained talk 2013 (1 hour) 1 Document Transcript

  • 1. Careers QMUL_Logo_White part_of_black Applications and Deadlines Explained 2nd October 2013 Sue Moseley Careers Consultant School of Economics and Finance Facebook.com/careersforeconomics Copyright The Careers Group 2013
  • 2. 2 Careers QMUL_Logo_White part_of_black Today - What you will gain •Be able to complete applications with impact • how can you stand out? •Top tips (and what NOT to do) •Overview of key dates for internship and grad schemes •Important next steps
  • 3. 3 Careers QMUL_Logo_White part_of_black Application Process Application Aptitude tests (online) Telephone interview Interviews/ Assessment Centres Application stage: •Online form (most used) •CV (frequent) •Cover letter (sometimes)
  • 4. 4 Careers QMUL_Logo_White part_of_black Applications with impact How can you stand out? C:UsersSueAppDataLocalMicrosoftWindowsTemporary Internet FilesContent.IE5IAB3YWOSMP900448477[1].jpg
  • 5. 5 Careers QMUL_Logo_White part_of_black C:UsersSueAppDataLocalMicrosoftWindowsTemporary Internet FilesContent.IE5IAB3YWOSMP900398869[1].jpg •The areas that people generally fall down on within the application are their motivation towards joining and their understanding of the Bank as well as having good relevant answers for the competency questions.• Senior Banking Recruiter
  • 6. 6 Careers QMUL_Logo_White part_of_black Application form contents •Personal details •Motivation questions • ••Why do you want to work for this organisation?• ••What is your understanding of the function of the division you are applying to?• •Competency questions • ••Describe a time when you solved a problem.• •Industry awareness questions • ••What have you read in the news recently that will affect our business?•
  • 7. 7 Careers QMUL_Logo_White part_of_black Preparing your applications •Research the role & company •Job description, other recruitment info and website •Press coverage, Inside Buzz, www.hereisthecity •Contacts (former interns, employees) •Check you can answer these questions: •What skills are they seeking/ how can I contribute? •How does the company/division make money? •What types of customers does it have? •What makes it different from its competitors? •Research the market: •The Economist, other media •Consultancy reports e.g. www.mckinsey.com/insights
  • 8. 8 Careers QMUL_Logo_White part_of_black C:UsersSueAppDataLocalMicrosoftWindowsTemporary Internet FilesContent.IE5IAB3YWOSMP900398869[1].jpg Examples Look at the handouts • what has impact, what doesn•t?
  • 9. 9 Careers QMUL_Logo_White part_of_black EXAMPLE 1: Why do you want to work for this organisation? (150 words) Your organisation has an international reputation and is also one of the most respected banks in the UK and world-wide. It is important for me to work for a successful organisation and I would welcome all the different opportunities available to me. I am ambitious to work abroad at some point and so the global nature of your organisation appeals to me. Finally, I•d like to work for the organisation because the role matches my skills. I am interest in devloping new skills and believe that your analyst programme would help me to achieve my goals. It would be an honour to contribute to the success of Barclays. (109 words)
  • 10. 10 Careers QMUL_Logo_White part_of_black EXAMPLE 2 - Why do you want to work for this organisation? (150 words) I have an understanding of the business of Wealth Management, having completed two weeks work experience with Coutts. At meetings with a Senior Client Manager, I noted the excellent relationship- building skills and investment knowledge required for the role. As an active member of the Trading and Investment Society at Queen Mary and having shown a strong ability to relate to high net worth customers in my part time job, I know that I can contribute to the success of Barclays Wealth. The 2013 expansion of Barclays in Asia particularly interests me. I gained a first in my degree module on Asian markets. Predictions of 15% growth in private banking in Asia by 2015 (McKinsey) mean that Barclays strategy seems ahead of its UK competitors. Having spent 6 months working in China and Hong Kong before university, I would be keen to build good working relationships with colleagues in that region. (150 words)
  • 11. 11 Careers QMUL_Logo_White part_of_black EXAMPLE 2 - Why do you want to work for this organisation? (150 words) I have an understanding of the business of Wealth Management, having completed two weeks work experience with Coutts. At meetings with a Senior Client Manager, I noted the excellent relationship- building skills and investment knowledge required for the role. As an active member of the Trading and Investment Society at Queen Mary and having shown a strong ability to relate to high net worth customers in my part time job, I know that I can contribute to the success of Barclays Wealth. The 2013 expansion of Barclays in Asia particularly interests me. I gained a first in my degree module on Asian markets. Predictions of 15% growth in private banking in Asia by 2015 (McKinsey) mean that Barclays’ strategy seems ahead of its UK competitors. Having spent 6 months working in China and Hong Kong before university, I would be keen to build good working relationships with colleagues in that region. (150 words)
  • 12. 12 Careers QMUL_Logo_White part_of_black Top tips - Do ’Read the instructions and job description very carefully ’Answer the question ’ be specific ’Do it well (e.g. 4 hours inc research) ’Use a Word document (spell check), then transfer ’Keep to word limits ’Get some feedback (e.g. friends, Careers) ’Keep a copy of your application form, ready for interview
  • 13. 13 Careers QMUL_Logo_White part_of_black Top tips ’ Don’t
  • 14. 14 Careers QMUL_Logo_White part_of_black ’Competency’ questions What’s a relevant answer? ’Example-based (work or non-work e.g. academic, interests) ’Specific and detailed ’Clear evidence
  • 15. 15 Careers QMUL_Logo_White part_of_black What is a ’competency’? Adaptability Career Motivation Problem Solving Achievement of goals Planning and organisation Communication Commercial Awareness Source: Deloitte
  • 16. 16 Careers QMUL_Logo_White part_of_black Use ’STAR’ ’S Situation ’T Task ’A Action ’R Result ’Consider use of paragraphs for each point ’Use most of your word count for the Action you took C:UsersUXYR025Downloadsstar.jpg
  • 17. 17 Careers QMUL_Logo_White part_of_black Presenting your evidence ’Think action verbs ’analysed, developed, evaluated, increased, initiated, implemented, led, liaised, organised, planned, presented, supervised, etc. ’Think concrete quantities ’’5,000 items’, ’£50,000’, ’team of twelve’ ’Think real-world results ’’4 weeks before deadline’, ’25% increase’, ’excellent feedback’, ’successful implementation’
  • 18. 18 Careers QMUL_Logo_White part_of_black Some examples Look at the handouts ’ what has impact, what doesn’t?
  • 19. 19 Careers QMUL_Logo_White part_of_black Example 1: Competency answer Describe a time when you instigated change to solve a problem. (75 words) During my degree, I discovered that academic advisor times didn’t suit everyone as many of my classmates were missing slots due to timetable clashes with other academic and extra- curricular activities. These included optional seminars that many felt the need to attend and Wednesday afternoon sporting commitments. I undertook research and found that there needed to be a more flexible arrangement for students to meet their academic advisor and consequently a greater number of slots were made available’. (77 words)
  • 20. 20 Careers QMUL_Logo_White part_of_black Example 2: Competency answer Describe a time when you instigated change to solve a problem. (75 words) In my second year, I identified the need for a change in academic adviser times since my year group were missing slots due to time-table clashes. I put my case in writing to two academic staff, explaining the situation and suggesting more convenient times. I followed this up in person and was invited to the next staff meeting. After negotiation, a revised timetable was introduced and students were consequently able to meet advisers more regularly. (75 words)
  • 21. 21 Careers QMUL_Logo_White part_of_black What about CVs and cover letters? ’You may also be asked to submit a CV and/or cover letter (or email) ’Make sure the content of your CV is consistent with your application (dates and what you did, skills you highlight, key terms used) ’Cover letter: Use your research to show why you want the role ’2 page CV max (1 page for investment banking) For examples: http://www.careerstagged.co.uk//files/pdf/How%20t_How_to_Write_a_CV.pdf http://www.careerstagged.co.uk//files/pdf/Cover_Covering%20Letter.pdf
  • 22. 22 Careers QMUL_Logo_White part_of_black Aptitude tests ’Numerical reasoning ’Verbal reasoning ’Critical Thinking ’Situational Judgement Practice helps! - practice tests available from Careers - SHL (a test provider) www.shldirect.com/en/practice-tests/ -Inside Buzz ’ FREE tests at http://bit.ly/1c02Mx26
  • 23. 23 Careers QMUL_Logo_White part_of_black Make sure you don’t miss out Where do I want to apply to? Which are my top 20? When are the deadlines? TIP: ’Warm up’ by doing your first application to an organisation low on your list
  • 24. 24 Careers QMUL_Logo_White part_of_black All for 2014! ’Graduate schemes - open now, close mid October and November 2013 ’Internship schemes ’ open now (or within next 2 months) close when full or mid Nov 2013/Jan 2014 NB: Apply early ’ some deadlines are ’rolling’ and there are exceptions dates above! Key dates for internship and graduate schemes
  • 25. 25 Careers QMUL_Logo_White part_of_black Government Finance Profession Graduate Programme Closing deadline: 20 October 2013 | Salary: Competitive Source: www.targetjobs.co.uk/ An example:
  • 26. Careers QMUL_Logo_White part_of_black Summary of graduate roles, internships and deadlines: http://news.efinancialcareers.com/uk- en/150626/bank-by-bank-graduate-and- internship-application-deadlines-london- 2013-2014/
  • 27. 27 Careers QMUL_Logo_White part_of_black Key dates for internship and graduate schemes Good sites for checking deadlines: ’http://targetjobs.co.uk/ ’http://www.milkround.com/ ’http://www.e4s.co.uk/docs/internships.htm ’http://www.graddiary.com ’http://news.efinancialcareers.com/uk-en/students/ ’http://www.gradnav.com
  • 28. 28 Careers QMUL_Logo_White part_of_black Meet companies off campus •Barclays networking evening: •9th Oct •Deloitte careers evening •14th Oct •And more - check websites C:UsersSueAppDataLocalMicrosoftWindowsTemporary Internet FilesContent.IE55P033PV6MP900448397[1].jpg
  • 29. 29 Careers QMUL_Logo_White part_of_black Top tip: Be determined! C:UsersSueAppDataLocalMicrosoftWindowsTemporary Internet FilesContent.IE520GM2LDDMP900442518[1].jpg
  • 30. 30 Careers QMUL_Logo_White part_of_black In the words of a successful summer 2013 intern at Citi : I applied from September until June. I got about 40 rejections and then I got the Citi internship in Dubai. It•s about determination!
  • 31. 31 Careers QMUL_Logo_White part_of_black C:UsersSueAppDataLocalMicrosoftWindowsTemporary Internet FilesContent.IE5IAB3YWOSMP900398869[1].jpg Next steps• •How to get the job you want - 7th Oct •Routes into accountancy • 7th Oct •Mock assessment centre • 9th Oct •Getting into Financial Markets • 10th Oct •By investment banking professionals •Build a Bank • 15th Oct •Barclays Wealth, Santander and Lazard etc www.careers.qmul.ac.uk/events
  • 32. 32 Careers QMUL_Logo_White part_of_black Copyright The Careers Group 2013