Why employers prefer students that are in Student Associations?
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Breaking into the world of finance can be a challenging task, especially for university students who are still trying to figure out their career paths. While academic performance is undoubtedly crucial, it is not the only determining factor when it comes to landing a job in finance. In fact, many big firms, such as bulge bracket banks, value candidates who have not only excelled academically but have also been involved in extracurricular activities, such as study associations.
According to a recent survey, 92% of employers believe that extracurricular activities demonstrate that a candidate has skills and experiences beyond those of their academic qualifications. Furthermore, the survey also found that 80% of employers seek candidates with transferable skills, such as leadership, communication, and teamwork, which are often developed through participation in extracurricular activities.
Participating in a study association, particularly one related to finance, such as the BvvK, can be particularly advantageous for students interested in a career in finance. Through the BvvK, students have the opportunity to network with professionals in the industry, attend guest lectures and workshops, and gain hands-on experience through participating in various finance-related events.
Moreover, being involved in a study association can also provide valuable talking points during job interviews. Employers are interested in hearing about a candidate's experiences outside of academia, and discussing one's involvement in a study association can demonstrate a passion for finance, as well as the ability to manage time and prioritize responsibilities.
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It is worth noting that participation in a study association should not come at the expense of academic performance. Rather, involvement in a study association should complement academic pursuits and demonstrate a well-rounded candidate with a range of skills and experiences.
In conclusion, while academic performance is essential, participation in extracurricular activities, such as study associations, can set candidates apart and increase their chances of securing a position in finance. Through the BvvK, students have the opportunity to gain valuable experiences and skills that can ultimately lead to a successful career in finance.