Pro lurker, now noob WSO member. Discouraged career switcher.
**TL;DR - 4 years into career as industry accountant, looking to switch into finance eventually for HF/PM or prop trading. What should I do?
Hi all,
Firstly thank you all in advance for taking the time to read my thread. Anyways, here are my credentials:
Accounting/Information Systems major (Class of '08), 3.3 GPA from McGill University in Canada.
I am currently working in the insurance industry as an accountant, and I want out of accounting to move into finance. I have been with the same company since graduation, and I have been promoted twice to senior accountant after a little over 4 years with the company. In terms of finance, the most relevant experience I have is doing investments accounting (which I know is not saying much...). My company is one of Berkshire's subsidiaries, so we do get to see a lot of WB's hand-picked investments for what it's worth.
From what I have garnished so far, I probably would want to work in either HF/PM or maybe prop trading, but I still need to research more about what these job descriptions entail. I do know that I love reading up about the markets and researching trading ideas/strategies. Financial analysis in general is much more stimulating to me than preparing accounting reports all day.
Anyways, after lurking on here and on M&I, I haven't really found anyone who is in my shoes. In terms of age, I am almost 26 (birthday is in April), and at this point do not know what I should do about switching in to finance.
I have a feeling that most of you would respond with MBA and then networking in to a boutique as an associate. I am preparing for my GMATs right now, and would like to get ideas on how to round out my MBA application to make up for my GPA. Should I spend more time networking? Study financial modeling / investment banking books? Study for the CFA? I would also like to know what other less expensive alternatives there are instead of the MBA, if any.
Thanks for your wisdom!
Dolore assumenda ex beatae maxime voluptates omnis. Earum ducimus fugit maxime ut nesciunt et quo soluta. Voluptas repellendus exercitationem fuga sed ut aut aspernatur. Eos commodi rerum dolores dolorem voluptas. Necessitatibus labore rerum voluptatem molestias.
Saepe amet ullam ullam laborum. Maiores quia voluptatum tempora ipsum aliquam. Ut est nulla at omnis autem unde.
Pariatur magni laudantium ipsam placeat in numquam id. A dolorem corporis molestiae. Odit fugit aut temporibus dolore dolorum. Impedit aut quasi beatae aut odit laboriosam. Dicta ratione quia dolorem at molestias laborum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...