Do I Have Options?

Hey all, this is my first post. I am 36, just completed an MBA at a non-target school. I have an undergraduate degree from a tier 1 university in philosophy. I have no work experience in the business or finance worlds. My GPA for both programs was 3.4 / 4.0. I have some work experience as a software developer at a small startup, and as a math tutor. Besides that, all of my other work experience is in construction.

I thought the MBA would be enough to at least land an entry level position in a finance related role somewhere. I can't get an interview anywhere. My MBA program was ridiculously small and has left me with a tiny and mostly international network, very few of whom work in finance.

I'm willing to do CFA exams, as I enjoy the material. I took classes in trading and went to an international trading competition and performed well, 6th out of 43 and my team beat every ivy league competitor.

Essentially, what I'm looking for is an honest assessment of what it would take for me to get my foot in the door somewhere, or if I should accept that I've missed the boat for this and would be happier and more productive elsewhere. How would the folks at wall street oasis think about my situation?

Thanks!

2 Comments

WSO Monkey Bot

O

2y

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

Leverage Your MBA and Trading Experience:
- Highlight your MBA and trading competition success on your resume and LinkedIn profile. Emphasize your performance, especially beating Ivy League competitors, as it demonstrates your capability and potential.
Consider Additional Certifications:
- Pursuing CFA exams is a good idea since you enjoy the material. The CFA designation is highly respected in finance and can significantly boost your credibility and job prospects.
Expand Your Network:
- Given your small and international network, focus on expanding it. Attend finance-related events, join professional organizations, and leverage platforms like LinkedIn to connect with industry professionals. Networking is crucial in finance.
Target Entry-Level Roles:
- Apply for entry-level roles that align with your skills and experience, such as financial analyst positions. Tailor your resume to highlight relevant skills from your software development and math tutoring experience, such as analytical skills, problem-solving, and quantitative abilities.
Consider Specialized Training:
- Enroll in specialized finance courses or certifications, such as those offered by Wall Street Prep or WSO Academy. These can help you gain practical skills and make your resume more attractive to employers.
Seek Mentorship:
- Find a mentor in the finance industry who can provide guidance, advice, and potentially introduce you to opportunities. WSO's "Find a Mentor" service could be a valuable resource.
Be Persistent and Open-Minded:
- The finance industry can be competitive, but persistence is key. Be open to starting in roles that may not be your ultimate goal but can provide valuable experience and a pathway to your desired position.
Utilize WSO Resources:
- Take advantage of WSO's resume review, mock interviews, and other career services to improve your job application materials and interview performance.

By following these steps, you can enhance your chances of breaking into the finance industry despite the challenges. Good luck!

Sources: Would you think I'm an asshole?, If you could start over, would you still be in Finance?, Reinvent myself & get out of BO, Banking to Military, My Journey to an offer

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Do I Have Options?

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