Been working for two and a half yrs in the back office and want to eventually work in the front in an investment capacity. The thing is, I do not want to get pigeon-holed into this kind of job, but at the same time, the economy is not doing well and there aren't that many jobs around.
Do you guys think its a bad idea to quit my current company (second company where i have thus worked for a month) and do a FO internship instead? I would not want to have two companies on my resume where I worked a BO job (as it would be hard to explain why I moved from prestigious BB to less prestigious BB).
Thanks.
I would ask yourself why you keep ending up in the back-office? Then I would ask HR, or whoever.
Quitting with less than at least one year under your belt is never good... Let alone twice.
Best of luck.
This has already been discussed: http://www.wallstreetoasis.com/forums/need-serious-advice-thinking-abou…
By YOU. Why did you start two threads on the exact same topic?
Yeah, but last time he needed serious advice, this time he's pigeon-holed.
How are you going to get an internship with 2.5 years of BO work on your resume. I would typically say you should look at doing a masters degree, but the economy sucks and you are not guaranteed to get a FO position.
BO sucks, but you can do a lot with the position if you put your mind to it. You can network from within, you can advance in your position, you can go overseas, etc. Maybe start thinking about an MBA also.
My ex GF works for a large custodial bank. She is a typical mediocre liberal arts grad who went BO because it was an ok job to have. Shes moved around within the bank some, did like 6 months in India and has had a decent 3 years there. Now she hates it and doesn't care so she is still in the same crap position, but imagine a business major with some fire in their gut. Overseas experience, movement within the company, one promotion and you would look like a decent MBA candidate.
You've been given lemons dude, make some lemonade. Start networking, start getting promoted, create a side business, start volunteering, get your ass a solid MBA and do something.
Oh and this is coming from a dude who did BO for 6 months and did something else.
FYI, front office work isn't all it is cracked up to be.
Get out while you can, use any opportunity
Ant that was a helluva motivating post. Sometimes when I get down on my luck, posters here keep me pursuing the "dream" and getting back up when I falter.
Did an internship through one of the financial modelling course/internship packages.
Ideally, I would want to avoid the MBA (because of the cost) and how the designation isn't as well respect in my country as it is in the US..
Do an MSc. You could get into LBS or LSE (or Bocconi/St Gallen, etc). That would probably be an easy way to get into something FO. My advice is relevant if you are in the US. Not sure how networking works overseas with the whole recruiting process.
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