Ex-IB Getting a Coding Degree

I am by no means trying to regurgitate something like "A vs. B". Just wanna see how many folks are doing the same.

Burned myself for ~3 years in HK, non-BB. Exited as Associate. 

Going to UPenn's MCIT Online so I can do it remotely. Got rejected by UT Austin two years straight. Also applied for Georgia Tech's program, but will go with Penn due to lighter workload and brand name.

Got 2 letters from ex-professors and 1 from management of a client I worked with. 

Not 100% sure where I am going next. Still figuring things out. 

Anybody else doing similiar things? 

4 Comments
 

Based on previous WSO threads, here are some insights and advice for someone transitioning from investment banking to pursuing a coding degree:

  1. Program Selection:

    • UPenn's MCIT Online: This program is a solid choice due to its flexibility and strong brand name. The lighter workload compared to other programs like Georgia Tech's can be beneficial if you are balancing other commitments.
    • Georgia Tech: Known for its rigorous curriculum, it is also a great option but may require a more significant time commitment.
  2. Application Process:

    • Letters of Recommendation: Having strong letters from ex-professors and management of a client is a good strategy. It shows a blend of academic and professional endorsements, which can be compelling for admissions committees.
  3. Career Transition:

    • Uncertainty: It's normal to be unsure about the next steps after transitioning from a high-intensity field like investment banking to a new domain like coding. Many others have been in similar situations and have successfully navigated this transition.
    • Networking: Engage with alumni and current students of the programs you are considering. This can provide insights into potential career paths and help you build a network in the tech industry.
  4. Alternative Learning Paths:

    • Bootcamps: As mentioned in the WSO context, coding bootcamps can be a quicker and more intensive way to gain coding skills. They are often shorter in duration and can be a good alternative if you are looking to transition quickly.
  5. Long-term Goals:

    • Exploration: Use the time in your program to explore different areas within tech, such as software development, data science, or even fintech, which can leverage your finance background.
  6. Community Engagement:

    • Forums and Groups: Participate in forums like Wall Street Oasis and other tech communities to stay updated on trends, seek advice, and share your experiences.

By considering these points, you can better navigate your transition from investment banking to a career in coding. Good luck with your studies at UPenn's MCIT Online program!

Sources: UIUC vs Georgia Tech for CS undergrad (interested in quant trading/research), Interview with a Senior Software Developer for a Prop Trading Firm, What does it take to work at Citadel Securities?, The new wave of Certificates from IVY & Target Schools - Thoughts?, Q&A: Former ER Associate now FAANG Engineer

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