Need to get out, think I'm screwed
Work in institutional solutions for a Cap Group/BlackRock type firm. I can't stand LDI, or the work I do. I've been here for almost a year and took the job because I couldn't recruit for anything else. The skillset isn't transferrable and the name brand isn't helping my resume am I just boned unless I go to business school.
Based on the most helpful WSO content, you're not entirely "boned," but your options may require strategic planning. If you're looking to pivot out of your current role, here are some actionable steps:
Business School as a Reset Button: Many professionals in similar situations use an MBA to transition into more desirable roles. It provides a chance to build a network, gain relevant skills, and rebrand yourself. If you can target a top-tier program, it could open doors to investment banking, private equity, or corporate development.
Lateral Moves Without an MBA: While you feel your skillset isn't transferable, consider roles that value your institutional solutions experience. For example:
Networking: Start reaching out to alumni or professionals in roles you aspire to. Informational interviews can help you understand potential paths and uncover hidden opportunities.
Skill Development: If there are gaps in your resume (e.g., financial modeling, valuation), consider taking courses or certifications to bolster your profile. This can also help you pivot into roles like investment banking or private equity.
Short-Term Pain for Long-Term Gain: If you're truly unhappy, you might consider taking a step back to move forward. For instance, transitioning to a smaller firm or a less prestigious role that aligns with your long-term goals could be a stepping stone.
Remember, you're not alone in feeling stuck, and many have successfully navigated similar situations. If business school isn't an option, focus on networking, skill-building, and targeting roles that align with your interests and experience.
Sources: Feel Trapped, Exit Opps From Sell-Side ER?, burnout / moving forward, Transitioning from tech to a serious finance job (yes, you read that right), Interesting (Post-MBA) Exits from Banking, https://www.wallstreetoasis.com/forum/investment-banking/nothing-is-going-right-for-recruitment-whats-next-need-advice?customgpt=1
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