Breaking into the accounting and finance industry requires a strategic approach, from preparing a compelling application to acing the interview process. If you’re looking for a structured way to land an internship in this competitive field, here are five essential steps to follow.
1. Choose the Right Department
Before applying, identify which finance or accounting specialization aligns with your career goals. Common areas include:
- Auditing – Evaluating financial records and compliance.
- Taxation – Understanding corporate and individual tax structures.
- Corporate Finance – Managing investments and financial planning.
- Financial Planning & Analysis (FP&A) – Budgeting and forecasting.
By researching various departments, you can tailor your application to highlight relevant skills and interests.
2. Craft a Strong Resume and Cover Letter
A well-structured resume is key to grabbing a recruiter’s attention. Focus on:
✅ Relevant coursework – Financial reporting, investment banking, or risk analysis.
✅ Technical skills – Proficiency in Excel, financial modeling, and cash flow management.
✅ Prior experience – Any internships, freelance work, or university projects in finance.
For your cover letter, personalize each application to demonstrate why you’re interested in a specific company and how your skills align with their internship program.
3. Leverage Your Professional Network
✅ University resources – Professors, alumni, and career advisors can provide leads.
✅ Career fairs – Engage with recruiters at industry events.
✅ LinkedIn – Connect with professionals, follow finance firms, and engage in discussions to stay updated on openings.
Networking often leads to hidden internship opportunities that aren’t publicly advertised.
4. Apply to Multiple Internships
Expand your reach by applying to a diverse range of opportunities:
- Targeted company applications – Research firms that offer structured finance internships.
- Job boards – Websites like LinkedIn, Indeed, and Glassdoor frequently list openings.
- Company career pages – Many firms post exclusive internships on their official sites.
Applying to multiple roles increases your chances of securing an offer.
5. Prepare for Interviews & Follow Up
✅ Practice common interview questions – Be ready to discuss your experience in financial analysis, business statistics, and accounting principles.
✅ Showcase industry knowledge – Understand topics like securities, derivatives, and investment strategies.
✅ Ask insightful questions – Show interest by inquiring about growth opportunities and company culture.
✅ Follow up professionally – Send a thank-you email post-interview to reaffirm your interest.
By developing essential financial skills like forecasting, inventory management, and Excel proficiency, and staying proactive in your job search, you’ll position yourself for success in the finance and accounting sector.
Good luck!