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How do I start a career in finance?

What is the best way for a recent graduate with a B.S. in finance to start a career in microfinance?

  • I have 3 passions that I am completely infatuated by: entrepreneurship, finance and travel. Once I discovered Mohammad Yunus's books, I was hooked on the idea of working for (and eventually starting my own) a microfinacer. Please let me know what steps I can take to get to a place where I fully understand the industry and won't get stuck behind a desk.

  • Answer:

    If you are a new graduate and have the ability then I would strongly suggest that you contact the relevant organization(s) and volunteer. Part of the challenge is not knowing where you live. You might live in Bangladesh in which case, volunteering with Grameen might be easier than if you live in New York. That said, even if you live in New York you aren't out of luck. You could volunteer to help setup a New York office. All said and done, much of finance work is done behind a desk. There are a few mobile representatives but such positions tend not be Senior Level positions. If you do not want to be stuck behind a desk, perhaps you should consider something else besides finance. If you are interested in starting your own microfinance organization, my first suggestion would be to volunteer with one, learn how it operates, build a network and then go ahead. You'll know what it takes.

Sajan Sadhwani at Quora Visit the source

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Go to http://www.indeed.com In the what area put in : microfinance travel do not put a city in I got 52 jobs nationwide. Set up a job alert to have jobs that meet those requirements emailed to your email inbox every day. ALSO, you will start to see the "players" or organizations that are hiring for these roles. You can set up individual alerts for each company and start networking or getting to know them better. Also, if you speak another language I would search (for example) : microfinance spanish Google these as well to locate international organizations. You will start to know the players very quickly and, from there, target your role.

Karen Gurney

Find some money and start loaning it out to people.  Seriously.  If you want to be a microcredit financier, then be one. Once you start trying to loan out money, you'll find it *much* harder than it first seems.  First problem.  How do you let people know that you have money to loan out without either a) tripping over a government regulation or b) getting spammed by people that are not viable borrowers?  Second problem.  You'll find that any time you deal with money, you'll get into a huge mess of cultural norms and practices.  Exchanging money is only slightly less sensitive than exchanging bodily fluids, and if you try to run microcredit firm, you'll run into all sorts of cultural norms.

Joseph Wang

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