If your goal is to become a financial advisor, undergoing a financial advising internship can be a catalyst in your career. As a financial advising intern, you will take classes and training that will help you learn the ropes of being a successful financial advisor.
During training, your responsibilities as an intern will likely include conducting market research, learning about various investment vehicles, building your reporting skills, providing assistance in business development, and developing strong business acumen. You will also get to learn how to deal with different types of clients and how to expand your network when you become a fully-fledged financial advisor.
Before becoming a financial advising intern, you must first complete a bachelor's degree in finance, business, management, or a related field, at the very least. Many internships also require a minimum of 3.0 GPA on a 4.0 scale. More than that, you must display a strong sense of entrepreneurship and a palpable passion for becoming a financial advisor to make yourself stand out to companies.
There is more than meets the eye when it comes to being a finance advising internship. For example, did you know that they make an average of $25.51 an hour? That's $53,071 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 19,100 job opportunities across the U.S.
There are certain skills that many finance advising interns have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed interpersonal skills, sales skills and speaking skills.
If you're interested in becoming a finance advising internship, one of the first things to consider is how much education you need. We've determined that 77.3% of finance advising interns have a bachelor's degree. In terms of higher education levels, we found that 10.4% of finance advising interns have master's degrees. Even though most finance advising interns have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a finance advising internship. When we researched the most common majors for a finance advising internship, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on finance advising internship resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a finance advising internship. In fact, many finance advising internship jobs require experience in a role such as internship. Meanwhile, many finance advising interns also have previous career experience in roles such as sales associate or volunteer.