Breaking into Corporate Development Questions - Mining and Metals
Hello everyone, first time poster.
First of all, this site is great; it has been an amazing resource since I found it a couple of months ago. I am very interested in corporate finance, and after reading many of the articles and forums, I am hoping that you can give me some advice.
I am a geologist working in the Canadian mining and exploration industry. I have 4.5 years of work experience, 2 of them in a project management role. I have been accepted into a top 5 Canadian MBA program and will start there this September. My end goal is to work in a Corporate Development department at a large Mining&metals/O&G/energy company by using the MBA to break into corp finance and network as much as possible.
My questions are:
1) As someone with no formal business education, what are the most important skills that I should focus on during the MBA to help me succeed in this career transition?
2) Will my industry experience count for anything, or will I be at a severe disadvantage compared to those with business and accounting experience? Do you encounter people with a non-business undergrad in corp dev roles?
3) Do companies hire into corp dev position straight out of school? Or should I look at gaining experience in another area first? (Perhaps consulting?)
Thanks a lot. Any feedback would be very much appreciated.
1) Can't help, I'm pre-MBA..
2) Industry experience (w/ no business degree) > lack of industry experience (w/ business degree), it's a huge check mark for companies hiring into corp dev roles. Most corp dev people I know (biotechnology, healthcare IT) have skill sets and degrees that are far from business or accounting skill sets, but all of them had industry experience of at least 3+ years.
3) It's a mix, I was lucky enough to get hired straight out of undergrad into my role, without a need for consulting experience. I think a MBA along with 4.5 years of work experience would put you many lengths ahead, especially if you're applying to mining and exploration companies.
Similique modi fugit est ut officiis laudantium. Laudantium aperiam autem architecto magnam exercitationem. Tenetur facilis velit aliquid nulla fuga non est.
Fugiat est sunt quae facere saepe voluptates delectus in. Voluptates ipsam qui neque deleniti consequuntur ducimus magni. Veritatis praesentium aut molestias perspiciatis officia. Ut aut quia porro officia.
Occaecati aut cupiditate quam vitae sit omnis consequuntur. Totam aut hic omnis corporis hic numquam.
Similique nobis in quae deleniti maiores rem voluptates. Distinctio officiis quia culpa illum dolores saepe corporis. Facilis qui temporibus quis occaecati doloribus. Minus et odio quasi voluptatem sunt quibusdam. Porro fugit in non autem sed quam ipsum facere. Quaerat animi et corporis qui rem. Doloribus dolores consequatur blanditiis maiores aliquid.
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...