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Qualifications that WILL get your CV seen. The CFA is not necessarily among them

Searching for the needle (Photo credit: Wikipedia)

As a follow-up to last week's article on what UK-based financial services recruiters have been searching for when they search through the eFinancialCareers CV database, we'd like to elaborate on the particular qualifications they've been using to sift your CVs.

 

The list for July, in rough order of popularity, is below. Some qualifications were searched for on their own - the implication being that they will get your CV seen even if you don't necessarily have the relevant experience to accompany them. Others, like the CFA, were only searched for in combination with particular experience and job titles.

 

1. The ACA 

 

In terms of qualifications, the ACA was singularly our most popular search term in July. Holders didn't even need to have qualified at the Big Four. Multiple recruiters conducted multiple searches for ACA qualified candidates over the month.

 

2. CIMA or ACCA 

 

The CIMA and ACCA qualifications ranked behind the ACA in order of search popularity. In many instances many recruiters searched for the ACA or the CIMA or the ACCA or the US CA qualification interchangeably.

 

3. A CFA - in combination with other things

 

Depressingly, if you've just completed a CFA exam, simply having that particular three letter acronym on your CV alone doesn't appear to make recruiters any more likely to pull your CV out of the database. This isn't to say that recruiters didn't search for the CFA: they did, but only in combination with other skills such as risk management, equity research, private banking and investment management. This appears to confirm what we've said numerous times before: a CFA qualification alone will not get you a job.

 

4. A 1st or a 2.1 in maths

 

Mathematicians with a good degree from any UK university were also pursued by a handful of voracious recruiters.

 

5. A PhD AND C++ 

 

It's not enough simply to have a PhD. One particular user conducted a large number of searches for individuals who combined a higher educational qualification with C++ coding ability. Although this ranked high on the search list, it may have been for one particular role, however.

 

6. A PhD or DPhil in maths, pure maths, or statistics

 

One recruiter spent a lot of time searching for candidates with high level maths qualifications.

 

7. Maths and C++ 

 

Another recruiter spent a long time unearthing candidates with maths and C++ skills. It's not clear whether this was the same person looking for PhDs with C++ knowledge.

 

8. An MBA

 

Surprisingly, an MBA ranked low down the list. It was, however, a standalone search term. The implication is that an MBA might get your CV seen by recruiters if you don't have relevant accompanying experience and it's not from a top school. Notably, however, only one recruiter searched for MBA candidates (albeit a lot of times.)

 

9. C# and computer science

 

Although many banks continue to rely upon C++, computer science graduates familiar with C# had their CVs pulled out of our database this month.

 

10. Java and computer science 

 

Java-fluent computer science graduates also appear of interest to banks and banking recruiters - just not as interesting as computer science graduates who know C#.

 

 

 

 

 

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AUTHORSarah Butcher Global Editor
  • Ja
    Jazz2405
    1 August 2012

    to nelsonnery, nothing's wrong with you background. I have over 20 years experience in trading, market making options, swaps, in commodities, fx and rates, with a very impressive track record and I am looking for new jobs since 4 years without any success for the first time since the 90's. Thanks god I am trying to keep my current one even if I am very unhappy.
    Everything you can read on this aticle or others about advices for finding jobs are with the current situation pure wind. It does not matter you are a genius or you have made a billion dollar p&l, nobody cares. The only passport for a job today is your network. Are you member of the few people who are turning easily among themselve from bank to bank, hedge fund and others pricate equity. If yes you are an insider. If not, you can die, and even in Shanghai, Mumbai and Dubai there is no more opportunities.
    Good luck to you and me and all people in our situation

  • Pa
    Pastafarian
    31 July 2012

    Re: number 2, the US doesn't have the CA designation. In the USA the designation is CPA for Certified Public Accountant.

  • Us
    Usercare
    31 July 2012

    In the UK, a good qualification is the Association of Corporate Treasurers MCT. Practical, Technical and Respected.

  • ne
    nelsonnery
    31 July 2012

    Hi. I can say that I read this article with some surprise. I have a Ph.D in Maths from a top UK Uni, with a computational background and programming skills and the number of hits on my CV is very low. Two years now since my job search started... Maybe there's something else missing.

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