The Analyst Exchange Provides Training Assistance to Recent Graduates and Professionals...

Thu Oct 16, 2008 5:25pm EDT
 
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The Analyst Exchange Provides Training Assistance to Recent Graduates and
Professionals in the Financial Job Market

NEW YORK, Oct. 16 /PRNewswire/ -- The financial industry is in crisis, but
thousands of recent graduates and professionals are still in the market for
jobs in banking, private equity and asset management.
    Despite the state of the economy, high quality jobs are still available in
these industries. But job seekers may need to consider additional training
that sets them apart from the rest.
    The Analyst Exchange, based in New York, offers one option for valuable
training. Led by seasoned Wall Street professionals, students learn financial
modeling, which is the skill set required by the investment banking and
private equity industries.
    Analyst Exchange Advisor Roy George said that programs like The Analyst
Exchange offer valuable experience before the graduate has even stepped into
the job. The Analyst Exchange provides real-world application of theories
taught in business schools. This is crucial in distinguishing a candidate from
his or her peers in a competitive interview process.
    "Students face a rude awakening on the job when it comes to financial jobs
when they find it is run differently than the classroom setting," he said.
"Business school focuses on theoretical concepts, which you do need to
understand and grasp. But it doesn't always prepare you adequately for what to
expect in the real world."
    Analyst Exchange Advisor Mark Berman said that the strongest candidates in
the banking, asset management and private equity industries will survive and
even thrive.  "Even though there's a lot of confusion and uncertainty, people
who show that they have a skill set to contribute will do well," Berman said.
"They will have opportunities to distinguish themselves."
    In order to be more competitive, those graduating in May should:

    -- Be extremely assertive on campus

    -- Stay active in and take advantage of your career services department

    -- Network at finance industry and career fairs

    -- Ramp up your skill set - proactively seek out training like financial
       modeling to further impress your interviewers.

    -- Don't worry about the money at this point - consider non-paying
       internships as a valuable part of your career path.

    -- Be willing to settle -- In this market, it's ok if you accept a
       position that's not your "dream job."  Accept a position similar to
       your desired role and aim to transfer when the market improves.

SOURCE  The Analyst Exchange

Jennifer Wezensky, +1-269-274-4071, jenwez@gmail.com, for The Analyst
Exchange

 

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