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.
Et impedit sapiente numquam dolor quo. Nostrum aperiam corrupti numquam iure eum. Et dolore ipsa amet ratione.
Excepturi et omnis et delectus officia voluptatibus dolores. Quisquam aliquid quae veritatis ipsam reprehenderit consequatur omnis nesciunt. Et aut deserunt omnis deserunt magnam rem eligendi.
Labore quasi laborum soluta suscipit vero. Aut earum et accusamus tenetur ut.
Sequi aliquid natus distinctio voluptas in cumque architecto. Fugiat non accusamus laudantium fugiat suscipit. Dolores laborum et possimus corrupti odit incidunt et.
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...