How Do I Become a Finance Trainee?

Although it is a technically an entry level position, to become a finance trainee, you must still complete several steps prior to having such a position. First, you will likely need to be enrolled in an accredited college or university, pursuing a degree in business, finance, or economics, and you will need to have chosen an education plan that meets the requirements for that particular position. You should compile an application packet with a resume, a cover letter, several letters of recommendation, and possibly your transcripts. After compiling this information, you can search for and apply to an open finance trainee internship or apprenticeship and interview for the position.

First, to become a finance trainee, you will need to attend a four year college or university program in finance, business, business management or economics. If you wish to become a finance trainee in accounting, advising or auditing, focus your college program on finance courses that prepare you to sit for the Certified Public Accountant (CPA) exam upon graduation. If you want to work as an analyst, a manager, or an executive, focus your college coursework on business or business management and consider working toward a master's in business administration (MBA) if possible. If you want to work in a think tank or if you want be a consultant, focus on a broad economics curriculum.

The application packet to become a finance trainee should include an up-to-date resume that features all relevant education and experience for a finance internship. You will also need to include a personalized, customized cover letter for each packet that you send out to a prospective employer. Take care to avoid generalities in this letter, as it will be the prospective employer's first introduction to you and what you have to offer. Include letters of recommendation from professors or professional contacts that can attest to your skills and knowledge in the area of finance and business. If the prospective employer asks for your transcripts as part of the packet, include them or have the university send them to the prospective employer.

You may have to look for the finance trainee position with a company. Often, you can acquire leads for such a positions from the job board or career center of the finance department at your college or university. Once the prospective employer receives your application packet and calls you in for interview, prepare for the interview as if it were a high level position, not simply an internship. Be ready for any question that is asked of you, and ask questions yourself to better familiarize yourself with the prospective employer.