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www.theyouthcareercoach.com  www.nataschasaunders.cominfo@theyouthcareercoach.com      o. 1-617-942-2861
About MeEducation:              UMASS Amherst (BS)                        Johnson & Wales University (MBA)                ...
“A career is not the same thing as a job –      it’s the sum total of your life’s experiences, a work in progress that’s n...
      Stages of Career Development        What does a Career in Finance Mean        Leadership within 2 example firms &...
Stages of Career Development          Decisions          Exploration         Self Assessment
   Finance is a science that deals with money, risk and time. To be more    precise, it deals with how money deriving fro...
Who are they…….                                               Gerald L.Paul Francisco       President and CEO State   Hass...
Samuel A.                 On February             Elizabeth Mossad                                                        ...
Year Up’s Curriculum:1.         Global Markets2.         Global Financial Services3.         Global Advisors90% of all ent...
Year Up’s Track:Department of Client Accounting & Reporting•    General Securities•    Accounting TheoriesDepartment of Mu...
Affinity Groups: Women Investors Network , Year-Up, Global    Mentoring Program, Catalyst, INROADS, Working Parents    Gro...
Affinity Groups HEART, IMPACT, Prism, WIN    http://www.bnymellon.com/diversity/affinitynetworks.html3,000 on-line courses...
4/4/2012   www.theyouthcareercoach.com
Can you name a few? Financial Service Brokers  (Stock, Securities, Commodities/Futures) Ratings Analysts (CFA) Loan Off...
1.         Commercial Banking2.         Corporate Finance3.         Financial Planning4.         Hedge Funds              ...
Commercial Banking      Services to individuals, small businesses and large organizations.      Starting at the branch l...
Hedge Funds      Makes calls on a wide range of financial assets -from corporate bonds to       stocks to currencies.    ...
Money Management      Money managers hold stocks and bonds for institutional clients and are on the buy side       of Wal...
Two of the most popular jobs in finance in 2012?Source: http://www.careerguidetips.com/
4/4/2012   www.theyouthcareercoach.com
TOP            UNIVERSAL SKILLS   Communication Skills*writing, teams   Organizational Skills   Computer Skills   Inte...
 Hoovers.com | Vault.com http://financecareers.about.com National Association of Hispanic Investment Bankers and  Advis...
4/4/2012   www.theyouthcareercoach.com
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Careers in Finance for Students

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Covers careers in finance and examples at State Street and BNY Mellon and the story of Pursuit of Happyness.

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Careers in Finance for Students

  1. 1. www.theyouthcareercoach.com www.nataschasaunders.cominfo@theyouthcareercoach.com o. 1-617-942-2861
  2. 2. About MeEducation: UMASS Amherst (BS) Johnson & Wales University (MBA) Northeastern University (MS) Harvard Kennedy School, Executive Education | Leadership, Current Northeastern University (Ed.D) ,CurrentCurrent Employers: CEO|Founder, The Youth Career Coach Inc. Leadership Lecturer, Northeastern University Adjunct Leadership Faculty, University of Rhode Island Education Consultant, EnCompass EducationFormer Employers: M.I.T. Sloan School of Management | Boston University School of Management| Johnson & Wales University |State Street Research & Management | A.G.Edwards |Wachovia Securities | Macy’s | Neiman Marcus | Saks Fifth | Swarovski |Bally’s Total Fitness | Reggie Lewis Hobbies: Tennis, Piano, Cooking, Tae-Kwon-Do Greek Organizations: Alpha Kappa Alpha | Delta Sigma Pi | Sigma Epsilon Rho Cool facts: Goodwill Ambassador, Gambia (Miss Black RI USA) Harvard ‘WECAN’ Woman of the Year 2010
  3. 3. “A career is not the same thing as a job – it’s the sum total of your life’s experiences, a work in progress that’s never quite complete but gains depth and meaning over time” - Unknown Author
  4. 4.  Stages of Career Development  What does a Career in Finance Mean  Leadership within 2 example firms & outside  Career Options in Finance  Resources  Q&A  Next Steps3/5/12 www.theyouthcareercoach.com
  5. 5. Stages of Career Development Decisions Exploration Self Assessment
  6. 6.  Finance is a science that deals with money, risk and time. To be more precise, it deals with how money deriving from various activities is spent. Long history of attracting energetic and ambitious people who are looking for the best career opportunities. The industry is noted for compensation structures that are, overall, much more generous than in other sectors of the economy. High performers can move ahead regardless of age. As a result, working in financial services can be particularly attractive for ambitious young people in a hurry. A premium is placed on quick thinking, quick acting, and constant production of results. This can be trying for some people, exhilarating for others. Summarized from accumulatingmoney.com | About.com | www.theyouthcareercoach.com 4/4/2012
  7. 7. Who are they……. Gerald L.Paul Francisco President and CEO State Hassell, President, CEO Marcus Sharp, VP & Karen B. PeetzVice President- Street Global Advisors Financial Controller BNY, Vice BA, Economics, DukeDiversity MBA, NYU Chairman andConsultant Global Scott has an AB in BA, Economics, BU Chief ExecutiveInclusion at State Economics from Harvard Started: 3 decades ago, he MBA,NEU* Officer, Financial joined the BNYStreet College and played MSF, NEU Markets and Management Development varsity hockey. Program , he was 21 years MST, NEU Treasury ServicesBS, Political old* Chair, (WIN)*Science, BU Past Started in Sales/Mortgage BS, PennState Extras: Board of Directors atPresident ALPFA Comcast, New York Specialist, Financial MS, Johns Hopkins Philharmonic, Economic Analyst etc.Started as a Tight Club of New York , Vice Past Employers: Bank ofEnd, Patriots Chairman of Big Brothers Big Sisters* of New York America, Citizens, Bosto nFrom Honduras Capital, Genzyme, Fideli
  8. 8. Samuel A. On February Elizabeth Mossad The ExecutiveRamirez, Sr. 13, 1970, Joseph L. is a 20 year veteran Leadership(born 1941) Searles III became of Citigroup. She the first black floor Councilmade Wall currently works as a member and floor (AfricanStreet history Business broker in the New Americanby becoming Information York Stock Leaders)the first Exchange. He SecurityHispanic to worked as a floor Officer, Risk andlaunch a partner in the firm Control, and Datasuccessful of Neburger, Loeb Privacy/Legalinvestment and Company. Clearancebanking firm. www.theyouthcareercoach.com Manager. (ALPFA) 4/4/2012
  9. 9. Year Up’s Curriculum:1. Global Markets2. Global Financial Services3. Global Advisors90% of all entry level positions for State Street come through one division – Financial ServicesABOUT YOU: Accounting/Pricing Specialist etc.4/4/2012 www.theyouthcareercoach.com
  10. 10. Year Up’s Track:Department of Client Accounting & Reporting• General Securities• Accounting TheoriesDepartment of Mutual Funds Custody• General Investment & ManagementDepartment of Global Corporate Events• General Investment & Management / Products4/4/2012 www.theyouthcareercoach.com
  11. 11. Affinity Groups: Women Investors Network , Year-Up, Global Mentoring Program, Catalyst, INROADS, Working Parents Group,Employees have access to a full curriculum of classroom-based training programs along with a full suite of e-learning programs4/4/2012 www.theyouthcareercoach.com
  12. 12. Affinity Groups HEART, IMPACT, Prism, WIN http://www.bnymellon.com/diversity/affinitynetworks.html3,000 on-line courses offered through ‘Intuition’ areas including: Asset Servicing, Wealth Management, Competency Training for Leaders4/4/2012 www.theyouthcareercoach.com
  13. 13. 4/4/2012 www.theyouthcareercoach.com
  14. 14. Can you name a few? Financial Service Brokers (Stock, Securities, Commodities/Futures) Ratings Analysts (CFA) Loan Officers Consultants Insurance Underwriters Actuary Accountant/Auditor *Source: http://amyjane.hubpages.com/hub/Finance_CareersSource: http://careers-in-business.com/consulting/mc.htm4/4/2012 www.theyouthcareercoach.com
  15. 15. 1. Commercial Banking2. Corporate Finance3. Financial Planning4. Hedge Funds "Its better to hang5. Insurance out with people better than you.6. Investment Banking Pick out associates7. Money Management whose behavior is better than yours8. Private Equity and youll drift in that direction." ~9. Real Estate Warren Buffett4/4/2012 www.theyouthcareercoach.com
  16. 16. Commercial Banking  Services to individuals, small businesses and large organizations.  Starting at the branch level such as a teller to a wide variety of other services such as leasing, credit card banking, international finance and trade credit.Corporate Finance  Help companies raise capital, Works on client (or transaction) team, MBAs hired at the Associate level  You help a company find money to run the business, growth the business and make acquisitions, and plan for its financial future and manage any cash on hand.Financial Planning  Financial planners and wealth managers help individuals plan their financial futures.  A good financial planner understands investments, taxes, estate planning issues and knows how to listen.4/4/2012 www.theyouthcareercoach.com
  17. 17. Hedge Funds  Makes calls on a wide range of financial assets -from corporate bonds to stocks to currencies.  Runs all or part of a hedge fund, with the goal of maximizing returnInsurance  Major areas of opportunity include auto insurance, life insurance, P&C (property & casualty) insurance, and health insurance.Investment Banking  Help companies and governments issue securities, help investors purchase securities, manage financial assets, trade securities and provide financial advice.4/4/2012 www.theyouthcareercoach.com
  18. 18. Money Management  Money managers hold stocks and bonds for institutional clients and are on the buy side of Wall Street. Some money use quantitative techniques while some use their intuition.  Many money managers buy and hold fixed income securities including mortgaged- backs, corporate bonds, munis, agency securities and asset-backed securities. Others focus on equities, including small stocks, large caps and emerging market stocks.Private Equity  Purchasing all or part of the equity of companies away from a normal stock purchase in the public equity markets.Real Estate  Real estate fields such as title insurance, construction, mortgage banking, property management, real estate appraisals, brokerage and leasing, and real estate development4/4/2012 www.theyouthcareercoach.com
  19. 19. Two of the most popular jobs in finance in 2012?Source: http://www.careerguidetips.com/
  20. 20. 4/4/2012 www.theyouthcareercoach.com
  21. 21. TOP UNIVERSAL SKILLS Communication Skills*writing, teams Organizational Skills Computer Skills Interpersonal Skills Analytical Skills Leadership Skills Problem-Solving Skills*using creativity Time Management Skills Mathematical Skills Professionalism Re-Engineering Skills*
  22. 22.  Hoovers.com | Vault.com http://financecareers.about.com National Association of Hispanic Investment Bankers and Advisors (NAHIBA) http://www.investmenteurope.net/ Twitter: company, college recruiting site DooStang Website http://www.doostang.com/ Wetfeet http://www.wetfeet.com/careers-industries Jung Typology http://www.humanmetrics.com/cgi-win/JTypes2.asp List your Top 10 Finance Professionals (Diverse) http://www.careers-in-finance.com/ Research i.e Competitors The banks main competitors are Northern Trust and J.P. Morgan Chase & Co. Join an Association (Ex. AFP (Association for Finance Professionals), ALPFA (Association for Latino Professionals in Finance & Accounting) Take the BAT by Bloomberg https://www.bloomberginstitute.com/bat/start/4/4/2012 www.theyouthcareercoach.com
  23. 23. 4/4/2012 www.theyouthcareercoach.com

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