Does ops have any value for someone who wants to be a F500 Financial Analyst?
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Very possible, provided that you network your ass off and get out of Ops as quickly as possible.
There was a success story a while ago that made a good point about this. It was called something like Benefits of Being in BO...I'll try to find it.
Basically, he said that working in Ops/BO at a prestigious BB can be beneficial if you are trying to switch industries because they often don't realize there's a difference between BO and FO. So even if you're in Ops, if you have GS on your resume people will recognize it and will probably give you a look.
I don't know from experience if this is true, but it kinda makes sense.
EDIT: I found it. //www.wallstreetoasis.com/forums/5-benefits-to-being-in-the-back-office
Anything has value if you can communicate/spin the value to the targeted position.
This.
Spin it correctly and don't give them to room to grill you (read: cover your bases).
Jbone is right, but why not just go straight to F500 to get the more relevant experience. If u can get BB ops you should be able to get FA gig. Even if your FA is not at F500 it's a better experience.
To be clear FA is entry level. You shouldn't be targeting FA if you have done experience. Get meaningful experience and try to come in as an SFA.
From my experience, it is a lot easier to get interviews for BB ops than F500 FA. Also, I was using FA in the generic sense. Some companies call a position FA when it requires 3-5 years experience. I have seen some that call positions entry level FA and they require up to 3 years experience.
I've seen someone go from BB Ops MO (3yrs) -> F500 Ops analyst before. The F500 ops role was more of a supply-chain/logistics role therefore no overlap, so they started back as an analyst. Still, it was for a blue chip tech firm (think MSFT, Apple, Google) so it wasn't too bad of a move.
I am an analyst at a F500 and it is so easy to get interviews regardless of your background for the most part. As long as you have a few things that tie together why you are a candidate, such as:
1.) Education (Finance or Accounting related) 2.) Experience (Maybe you did a lot of excel stuff during your ops experience) 3.) Industry (Apply to F500 jobs that are related to the industry you worked ops in)
I successfully got interviews at several F500s before having analyst experience just based off any one of those 3 I mentioned above.
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