Sample Resume for a Finance Internship Application
How to Write a Resume for a Finance Internship Without Much Experience
If you're in college and planning to work in finance after graduation, you have likely been told that internships are essential to your career success. And that couldn't be more true, especially in today's competitive work world. Competition in finance is fierce, and the experience and networking opportunities you gain from an internship can be invaluable to your current skill set and future employability.
However, writing a resume for a finance internship can be a daunting task when you don't have a lot of work experience under your belt. Any part-time jobs you may have held in high-school or college, most likely are not that relevant to the kind of work you're seeking. But, don't panic. Instead of submitting a half-empty piece of paper as a resume, there are things you can do. Hands-on technical skills are important but your coursework and work ethic are also important tools to consider and can help build the framework for a strong resume.
Before you start, it'll be worth your while to look at some Sample resumes to get a sense of structure and language. In the meantime, below is a sample resume you can use as a template, along with tips and advice for putting your best foot forward.
What to Include
When considering what to include in your resume, make sure you evaluate your coursework, hobbies, and any clubs.
If you're the head of a student investment club or started a personal finance blog, those are strong assets that will make you stand out from other student applicants. If you excelled in financial courses and met finance professionals as a student, those experiences can be highlighted as well.
It's also important to include what you can add to the company on a personal level as a young adult.
While you may think it's not much because you're still in school, you bring a fresh perspective, passion for the subject, and innovation to the table. If you are familiar with technology and different money/math programs, include those on your resume. Also, if you are fluent in any other languages, include that in a prominent location. Many companies are looking for bilingual candidates to either work with a broad client base or help clients abroad. Speaking two or three languages (especially if you speak them fluently) can give you an edge over the competition.
If there's work you have done that isn't relevant to finance, such as working in the school cafeteria, don't include it on your resume. While it's valuable work, it isn't relevant to the position you're applying for.
32 Willow Street
Willow Creek, NY 12900
(Home) (232) 456–3425
(Cell) (971) 567–3421
The University of Rochester, Rochester, NY, May 20XX
- Bachelor of Science, Major: Business (GPA 3.45) Minor: Music (GPA 3.2)
- Awarded the Susan B. Catone Scholarship, Spring 20XX
ANALYTICAL SKILLS AND TEAM PROJECTS
Finance course, Department of Business, University of Rochester, Fall 20XX
- Prepared and analyzed financial statements for local businesses.
- Calculated financial ratios, compared to industry standards.
- Evaluated organizational performance and compared figures with local competition.
Intern, Merrill Lynch, New York, Summer 20XX
- Reviewed current trends in the financial industry and created PowerPoint presentations for clients.
- Spent time with Financial Consultants and assisted in organizing FA / EMA Account lists.
- Assisted in the organization of files, collateral material, and other administrative tasks.
Intern, Delta Airlines, New York, NY, Summer 20XX
- Calculated liquidity, solvency, and profitability ratios of Delta consulting with financial officers as necessary.
- Determined favorable trends by analyzing ratios, using Excel spreadsheet to exhibit ratios and trends.
- The American Cancer Society, Rochester, NY, Summer 20XX. Helped distribute flyers and made calls to potential donors.
- Vice President, Student Government Association, University of Rochester, Fall 200X–Present
- Microsoft Word, Excel, PowerPoint, Publisher, Outlook, Access, PC and Mac, Internet.
- Fluent in written and spoken Spanish; Proficient in Mandarin.
A Word About Best Practices
A good financial system is vital for every business. Not only will a properly prepared financial statement tell you what’s transpired in a business, it offers a snapshot regarding the future.
Through financial budgeting and planning, a company can review historical data such as previous year´s budget to determine whether or not they successfully followed the company guidelines and determine why variances are present. However, budgeting and planning are time-consuming and resource intensive.
For some, it takes 6-8 months to complete an analysis by the end of the budgeting period, but best practices companies can often finish it in 2 months or less
The three most important steps to ensure financial stability include:
Establish a Performance-based framework: One of the problems of a traditional budget is that it does not clearly and sufficiently link investments to the outcome. This limits the finance team´s ability to do in-depth analysis and understanding of the real return on investment. Establishing a performance-based framework can improve visibility into the real and tangible impact of the company’s financial decisions.
Perform What-if Analysis: In today’s economic climate where there is too much instability, unpredictability, and volatility, the slightest material deviation that occurs during any given year can severely paralyze an organization especially if the organization has no efficient way of determining the cause of change. By performing What-if analysis, a company’s budget can take into account the performance of the company under varying scenarios. Doing this ensures that all risks are thoroughly evaluated and the future properly planned for.
Use Modern Technology to aid the Process: As a common practice, Excel has been the de Facto tool for financial budgeting and financial forecasting but every single finance person that has worked with this knows this is too complex and time-consuming. Smart businesses use innovative technology like Performance Canvas by DSPanel to make the entire budgeting and planning process less stressful. Technology can aid CFOs and finance persons in making sure a more developed and collaborative budgeting and planning process is in place.