The new year is always a good time for reflection and goal-setting. For university students aspiring to a career in investment management, this is a great time to lay the groundwork for a successful future in this fascinating field. Whether you're just embarking on your academic journey or in your final year and preparing to enter the workforce, here are a few ways to make this year count:
Get across the latest financial news
In the dynamic world of finance, staying updated with the latest trends, strategies, and market developments is crucial. Make a resolution to dedicate time each week to reading news and industry publications such as investordaily.com.au, moneymanagement.com.au, or AFR.com. If a company, stock or industry piques your interest, start following it regularly, as this could lead you to your investing niche! Here are more great news sources to follow.
Get hands-on and start investing
Analysing data, assessing risk, and making informed decisions are key skills for any investment manager. Hone your analytical skills by researching and building your investment portfolio or having a go at preparing an investment thesis. Prospective employers love to hear from candidates who have tried their hand at investing and can articulate their thought processes and learnings. Don’t have any spare cash to invest? No problem, create a paper portfolio instead, using trade simulators to watch your paper trades unfold.
Get out there and network
Proactively expand your professional network this year by attending industry events, joining relevant student organisations, or participating in our Mentoring Circles and Investment Competition. Relationships are vital to being a successful investor and building meaningful connections early on can open doors to valuable opportunities in the future.
Get yourself a mentor
Seek out mentors within investment management who can provide guidance and support. Be brave and reach out on LinkedIn or email – most investors are happy to connect and share their wisdom. If you are part of our Top Talent Group (TTG), take advantage of our exclusive Mentoring Circles to meet and be mentored by professional investors. And if you’re not part of our TTG, consider signing up!
Get applying for internships
Internships are a great way to kickstart your career as they offer practical skills development, networking opportunities and industry experience. They often serve as a pathway to full-time employment, too! Keep an eye out for Future IM/Pact emails and newsletters throughout the year as we promote great internship opportunities with our partner firms as they arise. Finally, check out our tips for successful internship interviews and making the most of your internship opportunity.
Get on top of your work-life balance
While ambition and hard work are important, it's equally important to prioritise your well-being and maintain a healthy work-life balance. Make a resolution to schedule regular breaks, prioritise self-care, and spend time pursuing hobbies and interests outside your academic and professional pursuits. A balanced approach to life will enhance your overall well-being and contribute to your long-term success and fulfilment.
If you have any questions about investment management or want to discuss your career ambitions, reach out to us for a career chat anytime.
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