Tag: preparation

How to Set Career Goals (and Meet Them)

When you’re just starting out in your career, thinking five or 10 years ahead might seem overwhelming. After all, how can you determine where you want to go when you’re only just beginning? But setting goals is actually a great way to get past the nerves that comes with a new start and doing so will give you direction that will help guide you throughout your career.

Here’s a step-by-step process on how to set goals, and meet them.

Determine a specific career goal

When coming up with career goals, it’s okay to think about the big picture. In fact,  acknowledging your potential is a great way to shape your future success. But the best way to set achievable goals is by narrowing your focus. Take some time to think about what you’d like to do in the long term and then come up with a specific career goal that you can achieve within one to two years. For example, if you’re currently an account executive on a sales team and you’d like to manage the team someday, your specific goal might be to become a relationship manager within one year. Having that goal will give you clear direction in your career path while setting you up for success as a manager down the road.

Outline the steps you’ll need to take to get there

Once you’ve determined your goal, it’s time to come up with a plan that will help you achieve it. This includes knowing what skills and experience you’ll need in order to get to the next phase in your career, and also understanding the typical path involved in getting there. Going back to the sales example, if you know that becoming a relationship manager will require you to improve your communication skills, then one of the steps in your plan should be to sit in on more client calls and meetings in order to sharpen these skills and determine the best approach to take in any give situation.

Ask for advice from your manager or mentor

A great way to fine tune your plan, and to ensure that you’re taking all of the necessary steps you need to succeed, is by asking for advice from your manager or mentor. Don’t be afraid to tell them about your career goals — after all, part of their job is to ensure that you’re continuously growing and learning — but do come prepared with a clear plan of action. This will help them understand your goals and give you effective feedback on what you can do to achieve them.

Set yourself up for success

Once you’ve incorporated your manager’s feedback and solidified your plan, it’s time to focus on some other things you can do to ensure your success. These includes coming up with an effective daily routine, managing your time well and staying organized. Done well, these things will make you efficient in your current role while also showing your manager that you have the ability and the desire to move forward.

By knowing how to set career goals and coming up with a plan to achieve them, you’ll be able to shape your career path and end up in your dream job sooner than you think.

Next, get more career tips for internships and entry-level jobs such as 6 Ways to Impress Your Boss and find answers to common interview questions such as What Are Your Strengths?

How to Write a Cover Letter

While many jobs no longer require cover letters (especially most jobs on WayUp), when a job does require one, your cover letter could be a big part of whether or not you get to the next round. If you haven’t written a cover letter before (or even if you have), you may be wondering whether writing one is really necessary. The answer is yes, if you do it effectively. Think of your cover letter as your edge. If you write it well, it will give potential employers an insight into your personality, something that’s hard to discover by just skimming your resume.

Here’s our simple formula to writing an amazing cover letter.

Don’t restate everything in your resume. Instead, tell your story.

Think of your resume and your cover letter as a package — they complement each other, but they’re not the same thing. While your resume covers your educational background and work experience, your cover letter tells a story about who you are and what you’d like to do with your career. Since recruiters look through hundreds (sometimes thousands) of resumes every day, a memorable cover letter is more likely to stand out. Give them something to remember by highlighting some of your unique qualities.

Keep it short and to the point.

Cover letters should be short, sweet and to the point. Keep in mind that the recruiter is likely reading dozens or hundreds of them, so make yours pop in a succinct way, and definitely don’t make it longer than one page.

Opening paragraph

In two-three sentences, explain who you are and what position or program you’re applying for.

Second paragraph

Then, in one-two sentences explain why you want the job. Be sure to mention your knowledge of the industry and your interest in the company. This is where research will come in handy.

Third paragraph

In three sentences, explain why you’re qualified for the job. Include relevant work experience (paid and unpaid internships or other jobs you’ve had) and mention classes you’ve taken that have guided you towards this field.

Closing sentence

Your final sentence is all about finishing strong. Tell the employer that you look forward to hearing from them and include your contact information (email and phone number).

Ask an advisor or professor to look it over.

Once you’ve finished writing your cover letter, make a few edits to ensure that there are no typos. Then ask an advisor or professor to look it over, focusing on whether there are any additional areas you can highlight or any unique skills you can mention. Make sure to incorporate their feedback before doing a final edit and pressing send.

Although writing a cover letter isn’t always necessary when applying for a job, if done effectively it can be a valuable add-on to your job application. By following the steps outlined here, you can write a great cover letter and land the internship or entry-level job you’ve been dreaming of.

 

Next, get more career tips for internships and entry-level jobs such as Tips to Make Your Resume Stand Out and find answers to common interview questions such as Are You Willing to Relocate?.

What is an Internship?

In the past few years, it’s become increasingly common for college students to have a paid or unpaid internship under their belt by the time they graduate. To be competitive in the workforce and give yourself a leg up in the job search after graduation, it’s more necessary than ever to apply for meaningful internships.

In order to figure out that type of internship would be right for you, here are some answers to some of the most commonly asked questions about internships.

What exactly is an internship?

Simply put, an internship is on-the-job work experience that is either related to your career interests or current field of study. Internships can be paid or unpaid, and can take place during the academic year or during the summer. All internships are short-term but can last anywhere from a single week to a full year. Most internships function as training opportunities and some, especially ones that take place during the school year, can be research projects where a professor or a company wants a student to study a new topic of interest.

What type of experience can you get out of an internship?

Regardless of when the internship takes place or how much it pays, the experience can provide you with a number of invaluable opportunities. For example, you can:

  • Learn about different work environments and get a taste of the “real world.”
  • Build new skills and tweak ones you already have.
  • Broaden your professional network, gaining contacts and future recommenders along the way.
  • Benefit from one-on-one mentorships.
  • Get a sense of what happens in multiple departments at a company.
  • Try out a career without having to make a full commitment.
  • Possibly get college credit (if it’s an unpaid internship).
  • Turn an internship into a full-time job opportunity after college.

Not every internship is the same, and what you do day to day can vary widely depending on the company. What’s most important is to understand what you’re going to get out of an internship and to check if that aligns with your career goals.

Some may give you more hands-on experience and others may provide a chance to shadow key executives or take part in weekly meetings. One company may offer you the chance to dive deeply into a single project and present your findings to company leadership; another may give you the chance to work across departments, giving you broad exposure to many parts of a company at once. Asking yourself what you want to get out of an internship is critical to knowing what’s going to be the best fit for you.

Now that you have the basics under your belt, check out the internships available on WayUp and get ready to find the perfect one for you!

 

Next, get more career tips for internships and entry-level jobs such as How to Follow Up and find answers to common interview questions such as What’s Your Dream Job?

Top 10 Things You Should Look For In An Internship

If you’re just starting to look for an internship, you may be wondering about the best things to focus on. Whether it’s a paid or unpaid internship, the true value comes from what you put into it. And that starts with finding an internship that’s worth your while in more ways than one.

Here are the 10 things you should look for in an internship.

1. A chance to separate yourself from the pack

Look at your next internship as an opportunity to distance yourself from your peers. Imagine the next career fair you attend and imagine what you would like to share with the recruiter in front of you about how you spent your summer (or fall or spring) semester. Think about the experience and the skill set you will gain that will build your professional brand.

2. An opportunity to figure out what kind of career you want

One of the key parts of an internship is getting to experience a specific role or industry so that you can decide whether it’s something you want to pursue after graduation. When picking an internship, look for one that offers you a truly hands-on experience. This will allow you to make well-informed decisions down the line and find the career path that works best for you.

3. A chance to work with smart and motivated people

If you can thrive off the energy of others around you, you’ll naturally work harder and enjoy what you’re doing. By finding an internship at a company where employees are excited to come to work every day, you’ll naturally have a more enjoyable experience and will be more likely to choose a similarly positive work culture in the next phase of your career.

4. Access to mentors you can learn from

As you navigate what you’re looking to do professionally, it’s important to have mentors that you can rely on who will help you navigate the work environment you choose. Look for opportunities that have a built-in support system for interns to access higher level executives. Not only will this increase the exposure you get within the organization, but you will learn from people who have been working in the business or the industry with an expert-level understanding.

5. The chance to experience a new city

If you have the option, leverage your internship experience as a chance to explore a new city! This will help pull you out of your comfort zone of being on campus or at home for the summer.

6. The opportunity to add new tools to your toolbox

Sharpening what you’re learning in your classes and actually applying it is key. However, try to pick up other skills that your professors aren’t necessarily teaching you. Identify programs or tools that are relevant in your industry and become an expert at them. Not only will you make yourself more marketable after the internship, you’ll set yourself apart as the “fast-learner” who is looking to add value fast!

7. A way to test what you’ve learned

Validate your interest in the industry you’ve chosen by test driving what you’ve learned. Ask yourself if this is something you could see yourself doing for the long-haul and take the opportunity to explore different paths within your chosen profession. Internships are a great opportunity to get exposure to a potential career path without having to choose it for the long-run. Take this time to get a better understanding of what you like most.

8. A chance to identify with a culture that reflects your values

Find an internship that offers an environment that aligns with what matters most to you in a workplace. If you’re looking for summer Fridays (i.e. leaving the office on Friday at 2 p.m.), or you’re looking to work 100 hours per week, understand what the company values and what’s expected for the business.

9. An opportunity to work on projects that matter

One key goal coming out of your internship should be the ability to say how you were able to make an impact. Having the opportunity to work on real-world projects is key, and a killer thing to tout in your next interview. Understand the types of projects that interns have worked on in the past and what you might expect to work on during your time in the program. You can also gauge what kind of opportunity you’ll have to work on other side projects. Go into the internship with the goal of making the greatest impact you can make. This will help you walk away as the superstar for the summer and leave will you with a potential job offer after the internship is over.

10. A way to earn an income

Although money shouldn’t be the only deciding factor when it comes to picking an internship, it’s definitely something to keep in mind, particularly if you need an income to support yourself during the school year or the summer.

Getting work experience before graduation is certainly important, but you want to make sure that the internship you choose will benefit you in more ways than one. By following these tips, you’ll find an internship that’s right for you.

How to Get the Job You Really Want

When it comes to looking for a job, identifying the type of job you want is the single most important thing you can do. This will make it easier to be effective in your job search while also ensuring that you’re focusing on roles that match your interests and your skill set.

Here’s what you need to know about landing the job you really want.

1. Identify your career goals

Although it may seem a bit intimidating to outline your five-year plan when you’re just starting out, setting career goals is a great way to ensure that you’re focusing on the big picture and looking for roles that fit with your long-term plans. The best way to do this is by determining a specific career goal and outlining the steps you’ll need to take in order to get there. With this goal in place, you’ll be able to create a clear path for yourself and increase your chances of landing your dream job.

Pro Tip: If you want to outline more than one goal that’s okay too, but be sure that at least one of your goals is something you can achieve within the next one to two years. Short-term goals are great for maintaining focus in general and when you’re just starting out, having achievable goals is even more important.

2. Develop the right skills

Once you’ve identified your career goals, it’s time to take stock of your skills and identify opportunities for learning and improvement. This will help you determine where to focus your energies and also give you a better idea of how to showcase your current skills in an impressive way.

Pro tip: Don’t panic if you don’t have all the skills you need for a specific job. Instead, look for ways to develop those skills by taking classes or taking on projects. Hiring managers are always impressed by candidates who take a proactive approach to learning and building your skill set in this way will show them that you’re a self-starter who is motivated to learn and grow.

3. Have a great resume

Although having a strong skill set is important, those skills aren’t enough without a great resume to showcase them. When writing your resume, be sure to focus on your key achievements in each previous role (including internships and part-time jobs) and to use numbers to quantify those achievements.

Pro Tip: Your resume should represent not only your accomplishments, but also the fact that you’re a well-rounded person, so don’t be afraid to include skills and achievements from extracurricular activities or individual projects.

4. Network effectively

Networking is a key component of professional success and it’s especially important if you’re just starting out in a particular industry (or when you’re looking to change industries). The best way to go about it is by reaching out to people in your alumni and social networks and staying in touch with co-workers and managers from your previous jobs. This is a great way to ensure that you’ll hear about new opportunities directly from people in your network and that you’ll already be on their radar when they’re looking to recruit for that the role that might just be your dream job.

Pro Tip: If you don’t have any contacts in your particular industry, don’t be afraid to send a cold email to someone you admire asking them to grab a cup of coffee or have a 15-minute phone chat. Chances are, they’ll say yes and you’ll have the opportunity to connect with someone who can help you understand the ins and outs of the industry.

5. Nail the interview

The final step to landing the perfect job is nailing the interview and this comes down to doing your research and being prepared. We recommend the R.E.A.F. approach — doing your research, being enthusiastic, asking questions and following up. Once you know who you’ll be interviewing with, take the time to research them and their role at the company. This will give you a sense of how your role will interact with theirs and help you understand their specific expectations for that position. Another great thing to do is to practice answers to commonly asked interview questions like, “Tell me about yourself,” and “What are you passionate about?” so that you can answer them confidently and present yourself in the best possible light.

Pro Tip: If you’re feeling nervous about the interview, try practicing with a friend. Ask them to quiz you on specific questions and to give you feedback on your answers. This is a great way to get a confidence boost and will also help you realize that the interview is really just a conversation.

Having a plan of attack is the first step to landing the job you want. By following these tips, you’ll be well on your way to getting there.

Next, get more career tips for internships and entry-level jobs such as 6 Things to Do in Your First Week at a New Job and find answers to common interview questions such as What’s Your Dream Job?

What Is an Auditor?

With a projected growth rate of 11 percent over the next eight years, auditing is one of the fastest-growing professions around. Because it can provide exposure to many sectors of the economy (including tech, media, and sports), it’s also among the most exciting professions in which to be involved. To learn more about the world of auditing, we sat down with the team at the CAQ (Center for Audit Quality) to find out why auditing can be a great career path for recent grads.

Here are some of the key things you need to know about being an auditor.

What is an auditor?

An auditor is a professional—usually a Certified Public Accountant (CPA)— who reviews financial records to check their accuracy. Depending on their specialty, auditors can work for corporations, government agencies, or public accounting firms. Public company auditing is one of the most popular types of auditing, focusing on reviewing the financial records of companies in a broad range of industries including media and tech.

What do auditors do and why is it important?

Auditors are professionals who play a valuable role in business as they work to verify a company’s financial health by checking the accuracy of its financial statements. This information is then used by investors, banks, and by the companies themselves to make relevant business decisions.

Do I need a CPA license to be an auditor?

The short answer is no. The slightly longer answer is that it depends on your career aspirations. Although it’s possible to work for a public accounting firm without having your CPA license, most auditors choose to take the exam in order to expand their opportunities and their expertise, as well as to increase earning potential. The exam, which is called the Uniform CPA Examination, is developed by the American Institute of CPAs (AICPA) and consists of four sections, each focusing on one specific aspect of accounting such as auditing or financial regulation.

Pro Tip: Although taking the CPA exam requires time and dedication, it definitely comes with rewards. Once you pass the test, your earning potential increases by 10 percent and continues to go up from there. It’s also a high valued credential in the broader business world.

What are the benefits of working in auditing?

With plenty of opportunities to travel and learn about new industries, auditing has a lot of benefits. “One of the things that I like best about public accounting is that you get to travel to where your clients are,” explains Ben, an auditor from Chicago who frequently travels around the country to conduct audits. In addition to making the most of travel opportunities, many auditors enjoy the novelty of growing their professional connections within their firms and at the companies they audit and gaining exposure to different industries. Another great perk is the flexibility. Since some of the work involved in auditing can be done autonomously, many auditors are able to work remotely if needed.

You might say that auditors are in the people business. That is, they work with a variety of people at all levels of a company to better understand its financial statements. They also team up with colleagues to achieve a common goal. Many auditors say this is the reason they enjoy their work so much. Rather than sitting behind a desk all day, they are learning the language of business in face-to-face meetings. This interaction helps them build the foundation of a successful career within a public accounting firm or in any business.

What is a typical auditor salary?

Auditing is not only a stable field but also a lucrative one. Entry-level auditors typically earn around $52,000, while auditors with one to two years of experience earn upwards of $65,000. Even more impressive, an analysis by the CAQ showed that many audit partners in large public accounting firms can make close to a million dollars a year.

With high projected growth and stability, auditing is an ideal career path for recent grads who are interested in a rewarding profession with many opportunities.

Next, get more career tips for internships and entry-level jobs such as How to Be a Team Player and find answers to common interview questions such as What’s Your Dream Job?

What is a Philosophy Major and is it Right for Me?

Do you like questioning the world around you? Do you like spending hours and hours using logic to reason your way through a problem? If so, majoring in philosophy may be for you.

What is a Philosophy Major?

Contrary to popular belief, majoring in philosophy isn’t about simply sitting on a rock and pondering life’s greatest questions. You will be tackling many broad and abstract questions and using logic and ethics to sort through them but finding a solution isn’t necessarily the endgame. Philosophy majors spend a great deal of their time reading, writing and talking about their ideas, typically in smaller class settings.

What classes do philosophy majors actually take? It depends on your college’s program, but some basic classes involve logic, ethics, metaphysics, political theory, sociology and anthropology.

Is it right for me?

Before you declare yourself a philosophy major, here are some key questions to ask yourself:

  • Am I a strong reader and writer? Do I enjoy reading complicated texts and communicating my thoughts and opinions?
  • Am I willing to work on a complex problem until I think of potential solutions, or do I get frustrated easily?
  • Do I handle criticism and feedback from peers and professionals well?
  • Do I like small classroom settings where I’m required to talk several times during each class, engaging in intense discussion throughout?

What can I do with a philosophy degree?

Majoring in philosophy can actually open doors to many other careers. Very few philosophy majors become “philosophers,” but other career paths include:

The overarching theme, however, is that a philosophy major sets people up to tackle big problems and troubleshoot solutions.

What do people who majored in philosophy earn?

While your career trajectory could differ greatly, a recent study found that philosophy majors earn an average of $82,000 when they’re 10-20 years out of college.

Next, learn more about this college major such as What Types of Skills Are Best for a Philosophy Major? and get more career tips for internships and entry-level jobs such as When to Start Applying for a Summer Internship.

What is a Finance Major and is it Right for Me?

Are you intrigued by the mathematics or statistics courses that you’ve taken in the past? Do you feel like you solve problems in creative ways, with a numbers-driven approach? Would you be interested in helping companies plan for how to grow their revenue or maintain profitability in both the short and long term? If so, a finance major might just be for you.

What is a finance major?

Financial planning, investment decisions and analyzing/limiting expenses are all various aspects of what you can and will learn as a finance major. As a finance major, you will study how companies have performed in the past to predict how they will perform in the future, and learn how to communicate information that will drive strategic changes. Many of your assignments will be project driven, whether they be individual case studies to enhance your problem-solving ability, or group presentations to practice the way you interact with others. Typical classes in this major include accounting, economics, math and psychology.

Is it right for me?

Finance is an exciting major with plenty of career opportunities. Contrary to popular belief, it’s also a major that requires both analytical skills and a healthy dose of creativity. Above all, it will help you develop multiple skill sets at once, offering you a great chance of success in several industries after graduation.

Here are some questions to ask yourself when deciding if a finance major is right for you:

  • Am I interested in math and statistics?
  • Am I a creative problem-solver who is able to overcome challenges by coming up with innovative solutions?
  • Am I interested in figuring out how to help companies increase their revenue?
  • Am I a good communicator who is able to express my ideas clearly and effectively?

If you responded “Yes” to all of the above, then being a finance major might just be for you.

What can I do with a finance degree?

Finance as an area of study is fairly broad and offers plenty of career options. These include:

  • Investment banking
  • Management consulting
  • Investment management
  • Corporate Finance
  • Accounting
  • Risk management
  • And more…

If you’re interested in how companies should allocate financial resources, corporate finance may be your calling. If you’re more fascinated by financial markets, how people construct investment portfolios, wealth creation and preservation, investment management could be the route for you. And if you want to learn about probability and statistics and how they correlate to business decisions, then risk management might be the right path to pursue.

What do finance majors earn?

The salaries of finance majors vary widely depending on the careers they choose to pursue. While accountants earn an average salary of $63,000 per year, management consultants earn an average of $86,000 and investment bankers can earn upwards of $250,000.

Next, learn more about this college major such as Accounting and get more career tips for internships and entry-level jobs such as How to Answer: What Motivates You?.

What is a Religion Major and is it Right for Me?

Do you like discussing and thinking about different belief systems and how they affect history, policy and society as a whole? If so, becoming a religion major might be for you. But before you dive in, here’s what you need to know about the major.

What is a religion major?

The most important thing to know is that a religion major is not reserved for people who want to become a religious leader or clergyman; rather, the major is typically much more secular and looks at religion as a whole as well as looking at particular types of religion. While many religious figures did study religion in college, that doesn’t mean the degree can’t be helpful for many other endeavors.

What sorts of classes do religion majors take? In addition to learning about particular religions themselves (like Christianity, Judaism, Buddhism, Hinduism and Islam), students also take a more holistic approach by learning about the historical and sociological backgrounds of these religions. They may also take philosophy and anthropology classes to get a better understanding of how a certain religion came to be and what its current implications are.

Is It right for me?

Now that you know a little bit about the major, it’s time to ask yourself some key questions to see if it’d be a good fit for you:

  • Do I like learning about other cultures and religions, or just my own?
  • Am I open to taking courses in other departments that are linked to my major but not necessarily about religion?
  • Am I comfortable discussing my thoughts and feelings when talking about more controversial religion-related conversations?
  • Am I respectful of others when their opinions or ideas may not agree with mine?
  • Do I consider myself someone who is open-minded to seeing how other people and cultures live?

What can I do with a religion degree?

Aside from becoming a religious figure in a particular faith, there are plenty of other career tracks you can take as someone who graduated with a religion degree. Some of these potential career tracks include:

  • therapist
  • counselor
  • educator
  • professor
  • nonprofit worker
  • government official
  • lawyer
  • international businessperson
  • … and more

Additionally, it’s important to note that many religion majors pursue further education (like a Masters or Ph.D.) in addition to their Bachelor’s degree.

What do people who majored in religion earn?

Often religion majors end up working in a role related to a particular religion, or they do something related to aid and nonprofit work. Starting salaries in these types of fields often very but make $30,000-$45,000 to start. However, many people who major in religion go into fields where they make the world a better place, saying that that fact matters more than money.

Next, learn more about this college major such as What Types of Skills Are Best for a Religion Major? and get more career tips for internships and entry-level jobs such as When to Start Applying for a Summer Internship.

What Types of Skills Are Best for a Philosophy Major?

Philosophy majors do a whole lot more besides sitting in a room and thinking big thoughts. It requires the ability to be a strong reader, clear and concise writer and so much more. What sorts of skills have the best philosophy majors mastered? Here are the top three skills you’ll need to succeed in this major.

Critical thinking and problem-solving skills

Being good at “logic” is about knowing how to look at a problem and reason through it. Philosophy majors spend lots of time looking at big issues and slowing working their way through the problem to find a solution.

Even if the questions they’re tackling are broad and abstract, the best philosophy majors are those who are dedicated to solving the biggest problems the world has encountered. Even if you won’t actually get to work on those issues during your time in college, understanding how to sort through huge problems is a must.

Reading and writing skills

The philosophy major will challenge your reading abilities, especially because many of the texts you’ll be tackling will be older, very complicated and/or translated from a different language. Thus, the most successful philosophy majors are those who can read quickly and well while taking impeccable notes.

Additionally, philosophy majors must be able to communicate their thoughts in longer papers as well as shorter reading responses. To speak about complex arguments and issues, you’ll have to be able to articulate your arguments clearly and effectively.

Communication and public speaking skills

Philosophy classes tend to be small in nature, so to be a successful major, you’ll have to be comfortable with giving your thoughts out loud to a group of peers and professors constantly. You’ll have to be confident in your ideas while also being willing to hear from others. And because you’ll be speaking often, you’ll have to make sure you’re prepared before you head into class.

Next, learn more about this college major such as What is a Philosophy Major and is it Right for Me? and get more career tips for internships and entry-level jobs such as 6 Ways to Impress Your New Boss.