Guys,
I have never posted a discussion here before, but I am hoping some of you all might be able to help me out a bit. I am a Corporate development professional (sr analyst, 2 juniors under me, I report to the director of corp dev and the two of us do meaningfully all the M&A work and report to the VP of corp dev / planning) in oilfield services looking to make both an industry and location shift. Would ideally end up in PNW / midwest in consumer goods / diversified industrials / chemicals. Has anyone here made a shift like this or have any advice?
Much appreciated!
Interested as well.
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Have you seen people in the industry use an MBA as a method of switching industries while retaining the function? E.g. corporate development/strategy from energy to tech.
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The problem I have with moving to FP&A is that we don't really do very much of that here ($3Bn EV firm). I was thinking, especially since I am on the services side (ie working with EBITDA / manufacturing widgets) it might be more transferable to a consumer goods / industrial business.
I would figure you guys would have already left the oilfields long before now. The Saudis and OPEC need to curtail production or they're going to be dead, literally (once the handouts to the masses dry up). If you can position yourself at firms low on the cost curve you can ride out troughs mostly (if you're a really good performer) I would think.
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