Mid-career switch to banking and finance?
May 20th, 2007
Are you considering a mid-career switch to the lucrative finance sector? Thinking of becoming a private banker, or work as a financial analyst crunching numbers in an investment bank? Hoping for more money and big bonuses coming your way? Are you an engineer thinking of doing some finance courses (CFA, MFE, CMFAS, IFPAS, etc.)?
Think again. It’s probably too late if you’re already in your 30s. You should have started as a fresh graduate.
Even if you have all the “necessary qualifications”, why should they hire someone with no relevant experience?
Even if you are prepared to take a pay cut and start from ground up, why should they favour you over the hordes of fresh graduates who can do back flips? Moreover, you still gotta unlearn what you pick up in your previous jobs, whereas the fresh graduates are perfectly malleable.
There are some interesting discussions on this topic in delphiforums.
mi Says:
December 18th, 2007 at 3:29 pm
is the finance industry really that lucrative now?