Opportunities to Break Into Finance Journalism

If you love to write and if you are interested in writing about finance, I still believe that the best way to start out is to buy a domain, for example here on 1&1, and start researching and publishing yourself. If however you prefer proper journalistic training, for example because you are aiming to become a full-time writer at The Washington Post (ambitious – but why not?), there are multiple opportunities. I’ve collected a few prestigious ones, who run their programs every year.

Financial Journalism MA at City University

Since 1976 City University has been educating journalists. It is regarded as one of the best in the field. Michael Hann of The Guardian called the university, which is located right in the center of London, the “Oxbridge of Journalism”. The
The Financial Journalism MA course trains journalists to the highest professional standards in reporting business, economic and financial news.

Graduates are now working at leading media organizations such as The New York Times, Reuters, Bloomberg, CNBC, The Financial Times and the BBC.

Through the support of the Marjorie Deane Foundation, the course offers two special features:
A competitive scholarship program that offers some students full scholarships including living expenses
A study abroad program that subsidizes student travel to learn financial journalism in New York and Shanghai.

Knight-Bagehot Fellowship

The Knight-Bagehot Fellowship in Economics and Business Journalism is designed for qualified journalists with at least four years of working experience. If offers the opportunity to enhance understanding and knowledge of business, economics and finance in a year-long, full-time program administered by the journalism school.

Fellows take courses at Columbia’s graduate schools of journalism, business, law and international affairs. They also participate in off-the-record seminars and dinner meetings with corporate executives, economists and academics, as well as attending briefings and organizing field trips to New York-based media companies and financial institutions.

The fellowship accepts up to 10 fellows each year and is conducted during Columbia’s academic year from August through May.
The participants receive free tuition plus a scholarship to offset living expenses in New York City.
The fellowship is open to full-time editorial employees of newspapers, magazines, wire services, and broadcast news organizations as well as to freelance journalists. There are no academic prerequisites.

The organizers name journalistic excellence as the chief criterion for selection. While essays and letters of recommendation are important parts of the application, the greatest weight is given to work samples. Clippings and tapes need not cover business subjects, and applicants do not have to be business specialists.

Reuters Journalism scheme

Thomson Reuters is the world’s most prominent source of information for businesses and professionals.
The Reuters Journalism Program offers nine months of hands-on, real-world experience with competitive pay in New York, London and Asia. You will gain a deep grounding in all aspects of financial reporting, work on fast-paced news stories and develop skills in enterprise journalism.

The program seeks rising reporters, recent graduates or business professionals who can demonstrate a clear commitment to a career in the journalism industry and an ability to generate story ideas relevant for a Reuters audience.
Participants will get several weeks of intensive classroom training and then work on reporting teams, mentored by good and experienced journalists.

Core requirements include a clear commitment to a career in journalism, the drive to build sources, break news and deliver deeply reported stories, an ability to generate original, relevant story ideas, fluency in written English, a strong interest in issues that affect companies, markets and economies, as well as an international outlook.

Up to three years of journalism experience are recommended, but it is not a pre-requisite.

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