Presentation on theme: "MCFAM – Minnesota Center for Financial & Actuarial Mathematics"— Presentation transcript:
1 MCFAM – Minnesota Center for Financial & Actuarial Mathematics ResumesFor IndustryPresenter: Laurie A. DerechinExecutive Director - MCFAM
2 WHAT IS A ?A personal summary of your academic and professional experience and qualifications.Includes your education, work experience, activities, honors, skillsTailored to the position, employer or industry of interestMarketing tool to gain an interview
3 GENERAL GUIDELINESLength: One page for bachelor’s level; Two for Masters or Ph.D.O.5” – 1.0” margins (recommend 0.5” on all 4 sides)Font: point font (Times New Roman, Ariel, Garamond)Don’t use resume templates, tables, columns or other graphicsSingle Spacing100% factual – don’t lieProofread!
4 GETTING STARTEDWrite down all experiences – work, volunteer, leadership, internship, extra-curricular, projects, awards, etc. (MASTER RESUME)Organize resume into categoriesDefine target audience (job, internship, graduate school, etc.) and write down related skills/qualifications.For Examples: Career & Job Search Guide, Resume Binder in CCSE
5 COMMON RESUME SECTIONS Name and Contact InformationObjectiveEducationProfessional ExperienceResearch ExperienceTeaching ExperienceActivitiesSkills/CertificationsHonors and AwardsVolunteer ExperienceLeadership ExperienceProfessional MembershipsProjectsPublicationsPresentationsPatents
6 OBJECTIVES What type of position are you seeking and in what field? Be conciseWhat skills can you bring to the position?Example: To obtain a summer internship in Risk Analysis, utilizing my _______________ (skills in the description that you possess).
7 EDUCATION Bachelor of Science in Mathematics Expected May 2012 University of Minnesota-Twin Cities, College of Science and Engineering, Minneapolis, MNEmphasis – Actuarial ScienceGPA: 3.981High school information (1st and 2nd Year students only)Study abroadHonors/Awards (or separate heading if more than 2)Master of Science in Financial Mathematics Expected May 2011Emphasis: FinanceGPA: 3.750Relevant Coursework: Fundamental Structures of Algebra; Introduction to Numerical Analysis; Introduction to Analysis I, II; Combinatorics A (in progress)
8 EXPERIENCE Title “Experience” headings based on industry of interest Research Experience, Industry Experience, Actuary ExperienceInclude: company name and location, job title, dates, and duties, responsibilities (contributions) and accomplishments.Make this section easy to read by using indents and bulletsUse action verbs to highlight your experience (do not use personal pronouns (i.e. I, My, We)List your “Experiences” in reverse chronological order – most recent first3M Co., Maplewood, MinnesotaTech Aide May 2009 – Sept. 2009Detailed description of your specific duties and responsibilities, as well as the skills used to accomplish these tasks (how you contributed)
9 PROJECTS Include Project Title Include Dates Involved Provide a detailed description of the project, what your roles were and the technical skills usedFinancial Mathematics Winter Workshop Fall 2009Detailed description of your project, what your roles were, and the skills used to accomplish these tasks
10 USE ACTIVE LANGUAGEUse concrete words to describe your experience with strong action verbs.Use present tense todiscuss current activitiesand past tense for previous. (or all in past—be consistent)Be as specific as possiblein descriptionsUse field terminologyVague:Worked as a Sales Associate.Specific:Interact sensitively and tactfully with hundreds of customers each day.Visualize and create imaginative window and in-store product displays for over 100 clients
11 TRANSFERABLE SKILLS COMMUNICATION PROBLEM SOLVING CREATIVITY LEADERSHIPSUPERVISORY/MANAGEMENTRESEARCH/QUANTITATIVEORGANIZATION/PLANNINGTECHNICALTEAMWORK
12 SKILLS & ACTIVITIESSkills section with technical/lab skills/field specific skillsTechnical: C, C++, Java, Mathematica, MS ExcelApplied Mathematics: Mathematical Modeling, Statistical Analysis, Risk Management/AnalysisActivities demonstrate your leadership ability, communication skills, and time management abilityFocus on structured activities rather than hobbies (extra-curricular activities, leadership, etc.)Include your title if appropriateInclude dates of involvementActive Member, Financial Mathematics Student Association PresentMember, Intramural Soccer, Softball and Ultimate Frisbee Present
13 What NOT to Include on a Resume Lies & Exaggerations:Employers typically conduct background checks, so everything on your resume is fair game for discussion in an interview; Do not lie about or round your GPA. The U of M posts GPAs to three decimal places (Ex )Personal Information:Age, gender, political affiliation, race, marital status, sexual orientation, ID number, test scores, course grades, picturesSupervisor Contact InformationContact information related to experiences may be included on a reference sheet, and only after asking permissionSalary History/RequestsDisclosing this information may make salary negotiation more difficult and may rule you out of the candidate pool; More appropriate to discuss during an interviewHobbies/InterestsKeep everything on your resume professional– hobbies are personal informationHowever, if it is unique or related, it may come in handy. Ex. Mechanical engineering student listing auto repairPersonal PronounsExample: I, I’m, My, Our, We, etc.; Begin statements with power verbs and do not write sentences“References Available Upon Request”Use a separate page for references provided during an interview. Employers assume you have them
14 VISUAL APPEALHeadings should stand out and be different from other textEx. Bold, ALL CAPSThe most important information should be toward the topYou don’t have to include everythingBalance of text and white space on pageEasy to read, professional, focusedClean, consistent format and punctuationPrint resume on resume-based paper (stay conservative with color choice)
15 How To Read Job Postings Credit Analyst 6 – Quantitative Analyst US BankJob DescriptionDesign, develop, test and document mathematical models; Apply knowledge and understanding of quantitative methods, modeling methodologies, database and SAS statistics; Develop validate and track probability of default & loss severity models; Prepare reports re: the estimation process, accuracy of estimate default rates, loss severity rates & expected losses;QualificationsMaster's degree (Stats., Math, Econ, or related) and 2 yrs of experienceMust have 2 yrs. of work exp. w/ statistics & quantitative methods and 18 mos. work exp. w/ credit analysis, modeling, and database & SAS software.
16 Target Cover Letter to Key Requirements February 15, 2011Dear Mr. ____/Hiring Manger,I was pleased to hear about the Quantitative Analyst position at US Bank which I saw on your website. After reviewing the requirements, I think I am a strong fit for the position.Your job description requires a Master Degree in Statistics, Math or Economics, 2 years of experience in financial modeling, database and SAS statistics analysis, probability of default and loss severity models as well as 18 months in credit analysis and SAS software. Here are some of the ways my background fits your needs:I will be graduating with a Master in Financial Mathematics this springI have had 2 years of experience as an associate risk analyst at Wells Fargo BankMy assignments focused on credit analysis & loss forecasts using large data sets & SAS software.I am extremely interested in this position and believe I am well suited for the job and look forward to hearing back from you about an interview so we can further explore how I could contribute to the success of your departmentThanks for your time and consideration,Jon Smith
17 Bullet Point How You Match Requirements Try to always outline the key skills youhave that match what they are lookingfor in bullet format because they willtake 30 seconds to read your letter
18 Career Advancement Resources MCFAM112 Vincent HallFor Career Development, Job/Internship Search Strategy, Interview PreparationSet Up Appointment with Laurie Derechin via
19 Career Advancement Resources Career Center for Science & Engineering50 Lind HallIf you don’t already have a resume,Get resume/cover letter reviewed here before appt. with LaurieHours: Monday-Friday 8:00am-4:30pmQuick Stop Counseling: Monday-Friday, 11:30-1:00