Finance, accountancy and banking
Accountancy and business services cover many areas, including accountancy, banking, auditing, insurance, taxation and financial management. Roles can be within the private, public or voluntary sectors.
Finance (together with consultancy) makes up one of the largest sectors to recruit graduates. Employers range from international companies to small businesses. Some firms have in-house finance departments, while others hire external accountancy providers.
Find out about finance
- Overview of accountancy, banking and finance careers from Prospects
- Careers advice and sector overview from All About Finance Careers
- BankersByDay - information about banking, finance and fintech, including finance career guides
Research the sector and keep up with current issues by reading:
Jobs in finance are often high pressure and involve working long hours. Depending on the kind of role, you will need to demonstrate these skills:
- business/commercial awareness
- analytical skills
- problem-solving
- communication
- accuracy
- negotiation
- initiative
- time management
- organisation
- interpersonal/people skills
- numeracy.
While graduates of any discipline can go into these careers, for a career in finance you may have to take on-the-job finance qualifications to progress. Some graduate schemes include further qualifications as part of their schemes. For more information, read about finance qualifications from Prospects.
Work experience is essential for this competitive sector. You should think about:
- Insight days and shadowing opportunities - many large graduate recruiters run insight days to give you a taste of the sector. You can also send speculative applications to smaller finance companies to try and arrange short work shadowing opportunities to help you decide if a certain job is suited to you
- Internships during your first year - some firms offer short internships open to first year undergraduates. These are typically shorter than the summer long internships offered to second year students. You can see a list of opportunities on Student Ladder
- Summer internships with finance firms are very competitive but give valuable experience. Some students are offered graduate jobs with the firm they intern with. Internships are advertised on Handshake and on websites like TARGET Jobs and Prospects. Student Ladder also has a link of firms that usually offer summer internships
- UK Finance Tracker can help you keep track of finance recruitment programmes, including internships and placement year opportunities
There are opportunities exclusively for students from black, Asian or other ethnic minority backgrounds (BAME) to gain work experience in finance. Some popular schemes include SEO London and the Windsor Fellowship. Visit the drop-in in Careers and Placements for help finding more schemes.
Large graduate schemes are advertised through general graduate vacancy sites like TARGETjobs and Prospects. You will also find these on Handshake. UK Finance Tracker can help you keep track of finance recruitment programmes.
If you’re interested in a particular area of finance, look on these specialist vacancy sites:
Accountancy
- Trainee vacancies on The Chartered Institute of Public Finance and Accountancy and The Institute of Chartered Accountants in England and Wales
- General vacancies on Chartered Institute of Management Accountants and Accountancy Careers
Banking (investment and retail)
- City Jobs lists job opportunities across all specialisms
- Graduate jobs and schemes in investment banking (Bright Network)
- Graduate jobs and schemes in financial services (Bright Network)
Insurance, pensions and actuarial
- Actuary vacancies on The Actuary, Actuarial Careers, and Actuary List, which also has a helpful blog about actuarial recruitment
- Insurance vacancies on Insurance Jobs
- Pensions vacancies on Pension Careers
Most large employers in this sector have multi-stage recruitment processes, which may include any of the following:
- online application form
- online interview
- psychometric test
- assessment centre, including presentations
- interview.
Applications close very early for some schemes - some in December - so give yourself enough time to apply.
Smaller companies may have simpler recruitment processes. This may include applying with your CV and an interview for shortlisted candidates.
Use our pages on applying for jobs and the recruitment process to help with your preparation.
There are lots of things you can do right now at university to help you get the skills and experience for a career in finance:
- Network with professionals - look at what events are running. Contact graduates in the sector through York Profiles and Mentors
- Develop your business awareness by taking part in enterprise activities
- Brush up on your numerical skills with the Maths Skills Centre
- Go to our recruitment fairs to meet potential employers and find out more information about their graduate schemes
- Consider a placement year to increase your chances of getting a job in this competitive sector.
- Apply for summer internships in York through York Internships
- Join a student society like the Investment and Finance Society or the Entrepreneurs Society
More resources: blogs, networks and people to follow
Connect with York graduates on York Profiles and Mentors
- Equity analyst
- Quantative analyst
- Senior associate (banking)
- Underwriter
- Chartered accountant
- Manager - risk advisory
- Internal audit manager
- Tax consultant
- Actuary
- ACCA qualified accountant
Find the full list of graduate profiles on York Profiles and Mentors
Social media accounts
Blogs and news
Podcasts
From our What do you actually do? podcast:
Event recordings
Practice interviews
You can use Shortlist.Me to prepare for job interviews. Try these interviews with employers working in finance and consulting:
Find out more about interview prep on the Apply for jobs pages.