Career Advice

Resume Strategies That Increase Salaries for University Graduates with Extensive Business Experience
from Regina Pontow

The key to jump starting your career after graduation is to show how your education, internships, volunteer work, paid employment, involvement in associations, extracurricular activities, honors or awards relate to and support your career goals. Most resumes don't do this effectively.

With employers receiving up to 400 resumes for each advertised position they spend as little as 10 seconds glancing at each one. Therefore, your resume must sell your top skills at a glance.

Tim wants to use his education and background to enter the field of Investment Banking. To test the effectiveness of his before resume, glance over it very quickly. Do any skills and abilities grab your attention and convince you that Tim is a good candidate for a Management Training Program in this industry? Now, take more time and read through the content of his resume. What items are the most impressive? Which information illustrates that Tim already has personal investment, banking industry and management experience, and that he has been actively involved in his university's finance, economics and marketing associations? Is this information buried and hard to find?

Objective Seek a position utilizing my analytical, quantitative and creative skills

Education Masters of Business Administration
University of Washington 1998

B.S. and B.A., Emphasis in Finance
University of Washington 1997

Coursework Concentration: Quantitative Methods of Business, Business Calculus, Financial Management, Securities Analysis, Business Writing/Professional Communication
Employment
History
Independent Contractor, Smith's Contracting, Inc. 1984-Present

Teller/New Accounts Representative, Bothell Bank 1992 - 1995

Store Manager, Bothell Blockbuster 1989 - 1992
Achievements Completed Workshops, Profit and Loss Statements, Loss Prevention, Time Management, Delegation, Communication, and Sexual Harassment
Manager of the Year, Blockbuster Video 1991
Commendation of Loss Prevention, Blockbuster Video, September 1991
Self-financed education through investments
Affiliations Executive V.P., UW Bothell Marketing Association (Largest student organization)
Member, American Marketing Association and UW Finance & Economics Club
Student Representative Hiring committee for MBA Director

Coach for youth baseball
Experience Excel under strict deadline schedules with attention to detail

Submitted bids on various projects (saved 40% in costs)


Achieved revenue goals of $1,000,000 plus annually


Supervised all store operations including: budget forecasting, cash management, profit and loss determination, inventory control, purchasing, merchandising, scheduling, hiring, and training entire staff of 14 employees


Opened 8 Blockbuster Video stores

Now take a quick glance at Tim's after resume. Does your impression of Tim's experience and what he has to offer go up dramatically? Does this resume do a much better job of marketing Tim as an excellent candidate for a Management Training Program with an Investment Banking firm? Which resume has more visual impact? Which one would you pick out of a large stack of resumes? Which one do you think will generate Tim a higher starting salary? Which one will generate more interviews and better job offers? And finally, which resume will help to "jump-start" Tim's new career and maximize the many years he has taken to obtain his MBA, BS and BA degrees?

 Seek an Investment Banking position utilizing over
10 years Management, Banking Industry, P&L Responsibility and Personal Investment Experience:

Providing Investment Banking services for 1,200 new accounts, working directly with VP of Banking. Successfully funding 75% of $60,000 university tuition through market research and personal investments.

Managing marketing and business operations with revenues in excess of $ 1.4 million annually with responsibility for directing up to 3 departments and supervising staff of up to 14.

Overseeing budget forecasting, cash management, profit and loss, inventory control, purchasing and merchandising - achieving a 50% inventory reduction and a 90% theft reduction.

Holding a Masters in Business Administration coupled with B.A. and B.S. Degrees in Finance from the University of Washington, Bothell 1997, 1998.

BUSINESS -- BANKING -- FINANCIAL MANAGEMENT


Business -- Financial Management, Smith's Contracting, Inc. 1984-Present
Developed and managed this residential remodeling firm, building sales to over 500 accounts and providing services for properties valued to $4.3 million.
Marketed services to commercial remodel contractors as well as to affluent clients managing all aspects of bid preparation and submittal, project scheduling, license and permit coordination, and hiring of subcontractors.
Achieved up to a 40% savings in costs by thoroughly researching and selecting most cost effective vendors - which resulted in winning over 90% of all bids.
Held full financial management responsibility including profit and loss, annual sales, state and federal tax reporting, purchasing and inventory control.

Investment Banking -- New Accounts Representative, Bothell Bank 1992 - 1995
Served as New Accounts Representative for 1,200 personal, commercial and investment accounts with annual deposits in excess of $1.5 million.
Worked directly with Vice President of Investment Banking to counsel clients in appropriate investment accounts, and coordinated wire and account transfers as needed.

Operations Management -- Expansion, Blockbuster Video 1989 - 1992
Managed store operations generating sales of up to $1.4 million annually, overseeing 3 departments, employing up to 14 staff on 3 rotating shifts, being awarded "Manager of the Year" for outstanding performance.
Selected to open 8 Blockbuster Video stores for achieving targeted revenues goals of $1 million annually.
Directed store setup, training of management staff and implementation of all reporting procedures until each store was up and running for a one month period.
Oversaw budget forecasting, cash management, profit and loss determination, inventory control, purchasing, merchandising, scheduling and hiring.
Implemented new methods that reduced inventory recording time by 50% and systems that reduced loss due to theft by 90%.

EDUCATION

Masters in Business Administration
Finance Concentration - Bachelor of Science and Bachelor of Arts Degrees
University of Washington, Bothell 1996 and 1997

Extensive Coursework in Quantitative Methods of Business, Business Calculus
Financial Management and Securities Analysis

 FINANCE / MARKETING ASSOCIATIONS

 Executive Vice President, University of Washington Marketing Association
Treasurer, University of Washington Finance & Economics Club

As you can see, Tim's new resume does a much better job of showing how his experience matches his goal of entering the Investment Banking field. The new resume also highlights his degrees and involvement in related associations. As you work on your resume, ask yourself what skills and abilities you've gained that relate to the field you wish to enter--then highlight this information.

Use a format that is eye catching and doesn't lose a lot of white space to empty columns on the left like Tim's before resume. Tim's new resume is also much stronger because it uses to numbers to describe the number of accounts, size of staff and dollar volume of sales he managed.

To create a powerful objective statement section like the one in Tim's after resume, be sure to put numbers in all of your resume descriptions. Then go back and highlight 3-4 of the most impressive statements that show a good range of your skills, using them to create a powerful objective and summary of qualifications section. In Tim's case his summary statements cover his investment banking, personal investment, operations and financial management responsibility, coupled with his MBA, BS and BA Degrees. All four of which pull together to make him look well-qualified for his career goal.

For more examples, the author provides 40 Free Resume and Job Search Workshops and #1 Resume Writing Services and Resume Tips Resource Center in her websites at: http://www.free-resume-tips.com and http://www.provenresumes.com which has been voted "Best of the Web and People's Choice." She is the author of Proven Resumes: Strategies That Increase Salaries, which guides job seekers in creating powerful resumes. Her background includes writing over 4,000 resumes, owning a personnel agency and being a Job Placement Specialist for the University of Washington, Bothell.

Copyright Regina Pontow, a derivative work of Proven Resumes and Confidence Builders, 1998, 1992