New to the IB scene

Based on the most helpful WSO content, here are some insights and advice for your situation:

1. Age and Experience:

   • Graduating at 27 is not uncommon, especially for those who have had a career change or pursued advanced degrees. Your engineering consultancy experience can be a valuable asset, particularly in sectors where technical expertise is beneficial.

2. Targeting Roles:

   • Given your background and the fact that you are pursuing a Master’s in Finance, aiming for an Associate role is ambitious but not impossible. However, most firms typically prefer candidates with prior IB experience for Associate positions.
   • Securing an internship in PE or HF can significantly bolster your resume and help bridge the gap between your engineering background and finance. This experience can also provide a pathway to bypass the Analyst role.

3. Networking and Applications:

   • Continue networking and applying to internships and entry-level positions in PE and HF. Highlight your unique background and how your engineering skills can add value to the firm.
   • Tailor your resume to emphasize your financial modeling skills, analytical abilities, and any relevant coursework or projects from your Master’s program.

4. Considerations for PE and HF:

   • Private Equity (PE): Firms often value operational experience, which you have from your engineering consultancy background. Focus on firms that invest in sectors related to your previous experience.
   • Hedge Funds (HF): Highlight any quantitative skills and your ability to analyze complex data, which are crucial in HF roles.

5. Additional Resources:

   • Engage with the WSO community to seek advice from individuals who have made similar transitions. Threads discussing career changes and non-traditional backgrounds can provide valuable insights.

By leveraging your unique background and gaining relevant internship experience, you can position yourself as a strong candidate for Associate roles in PE and HF. Good luck!

Sources: MM HF IR analyst looking to lateral to MF PE IR, need career advice, Career Move - Corp to PE/HF in "late" life stage, What level of maths is involved in your role?, PE Analyst Exits -- MBA vs HF vs PE Associate?, 3 years work experience in big 4, Ms Finance or MBA? Could you please give me some advice?