How I landed my dream job with Tesla Finance
I was in my final year at University in the North of England studying an engineering Bachelor of Science Degree course. Much of my work had involved electrical engineering with an emphasis on the motor industry and electric and hybrid vehicles. In my last term at University whilst completing my dissertation looking into vehicle configuration and what would give optimum performance reviewing the battery in comparison with driving style and even climate. At this time I realised that I wanted to work within the Industry and so looked into the different companies that produced electric or hybrid vehicles. I was really impressed with Tesla Finance as the offered internships for post graduates so I set about doing all my research into the company.
When I had collated all my information on the company I then set about updating my cv and practicing for interviews with technical questions and of course reading lots of interview technique books.
Tesla Finance at the NEC Motorshow
I then visited the NEC Motorshow and the Tesla Finance stall. I chatted with the representatives on the stall and found out lots more about getting an internship with Tesla. It was almost like and informal introduction of myself to the company. I left my cv with the representative asking if he would pass it on to the HR department. Within six weeks I was contacted by the HR department and asked to attend an internship interview apparently the representative had been impressed with my technical knowledge and had passed this on to the HR department along with my CV. I was invited for interview that very week
The interview was very rigorous and the questions were very technical so I was glad that I had prepared myself well. I was asked what I majored in at Uni and there were lots of questions relating to my dissertation. I was then given some technical tasks to complete which involved some coding and function tasks. I felt the interview went well and within a few days I had a phone call and underwent a telephone interview which was much more informal. At the end of that week I received an email stating I had been accepted onto the Internship programme. It was a dream come true.
Careers with Audi Finance
As a young man looking for a career in the finance industry I was naturally drawn to Audi Finance as the status of working for Audi as an apprentice was really attractive. I found that there were apprenticeships available with the company within the finance section. The apprenticeship was offered over 2 years and it covered a variety of areas from financial purchase plans to insurance services. Hence it would enable me to cross over into other areas of financial services in future.
The apprenticeship offered two levels of qualification in the form of NVQs the level 2 qualification would be completed in year 1 and the Level 3 in year 2. However there was also a diploma level available at level 4 which would mean a further year of study for qualification but entry onto this level was subject to having achieved good grades at level 3.
Audi Finance Apprenticeship specifications
The Audi Finance apprenticeship gave participants a thorough insight into most financial services and enabled me to learn in theory and put the theory into practice within a real life environment. It also gave me thee benefit of working with experience staff who were able to help me along and give me practical advice.
I found that taking the apprenticeship gave me the opportunity to practice those essential skills and soft skills which are needed to work in the finance industry. Moreover it helped me develop my customer service skills and gave me the ability to form relationships with clients.
The apprenticeship included one day a week attendance at a local Further education College to cover the necessary theory work to achieve the qualification. I was then assessed by a workplace assessor every few weeks to ensure that I was meeting the course criteria and outcomes. At the start I found this assessing a bit scary however as I got to know my assessor well I was able to glean information from them and hence was able to meet the aims and objectives of each activity. If anyone is thinking of getting into this industry I would definitely recommend going through the Audi apprenticeship scheme.
Who are Prestige car Finance?
I was recently looking to get a loan for my new classic car and someone mentioned to me that Prestige car Finance gave a good deal. Like me, you may not have heard of Prestige Finance as they are a small finance company which is based in Hertfordshire. However don’t let that put you off as since 2012 they, alongside a number of other small finance services companies, make up the OneSavings Bank Group. Prestige specialise mainly in secured loans and have been operating since the 1980s so they are not new to the UK market and they have plenty of experience in the loans marketplace.
Having found this information out I did feel more confident in using this company. However I needed more information before I was going to commit to any loan. I wanted to know all the minute details including all the different payment options and the variable rates of interest.
Types of loan with Prestige Finance
I found that there were several different loan options available to me and Prestige car Finance had every scenario covered to meet whatever budget you have. I first looked into getting a repayment loan where you make a monthly payment and part of that payment pays the interest for the month and the remainder is then paid off the main loan. I was assured that with this type of loan as long as I kept up with the payments each month they by the end of the loan period it would be completely paid off. I then looked at the interest-only loan and this meant that the monthly payments I would be making would pay off the interest for the month and the remainder is invested so that at the end of the loan period the investment would then pay off the loan in total. I finally settled on option one as I only wanted a 5 year loan and I felt that with the current state of the financial market any investments would not make a big enough return to pay off the loan. I feel the interest only loan was too much of a risk and the repayment loan gave me more confidence that I could pay the loan off in the 5 years.
The other thing I needed to consider was whether to take out a variable rate loan which would change with the market going up and down of course or a fixed rate which would give me the same rate for the whole term of loan. I opted for the fixed rate as I wanted to know exactly what I would be paying each month for the 5 year term, I didn’t want to be hit with sudden higher payments that may happen with the variable rate loan.
On the whole I found Prestige Finance an excellent company to deal with and their forms and procedures were really easy to follow.