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How to Launch a Career in the Finance Sector with a Bachelor’s Degree

Graduation day Photo by Pixabay from Pexels
Graduation day Photo by Pixabay from Pexels

The recipient of a bachelor’s degree in psychology from Vanderbilt University, Scott Bushley is an experienced investment-management professional who serves as partner at Granite Point Capital in Boston. Scott Bushley began his career in 1997 as a sales and operations assistant at Deutsche Bank Securities after completing his bachelor’s degree, later entering Boston College’s Carroll Graduate School of Management.

While an MBA can be a significant asset for a career in finance, it isn’t absolutely required. Graduates of bachelor’s programs can make up for a relative lack of educational merits by pursuing internship opportunities and leveraging their background to demonstrate their qualifications.

Seeking out internship opportunities while in college, between academic years, and even after graduating, can be beneficial. Many finance internships are paid, so it’s better to obtain one with a respected firm rather than working at unrelated jobs. While completing the menial tasks often assigned to interns might not feel rewarding, working in a high-pace environment can provide networking opportunities and professional references.

Regarding background, those who fall into groups that haven’t been traditionally associated with the finance sector can benefit from internships or entry-level training programs. Deutsche Bank, for instance, has an internship program that prefers military veterans or LGBTQ applicants, while Morgan Stanley offers a Black, Hispanic, and Native American Early Insights Program.

Another thing to consider is elective courses. Even if pursuing a bachelor’s degree in an unrelated subject, aiming to complete multiple numbers-oriented courses like applied mathematics or economics can be applicable. A knowledge of engineering or science can be useful for prospective research analysts or investment bankers who specialize in related industries.

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