Finance/consulting roles in Germany that can be considered valuable in India?
Hey everyone!
Wanted to know which positions should I aim for within the finance/consulting roles in Germany that would enable me to transition to a comparable role in India in the future, or that would be highly regarded in the Indian job market?
Context: I’m planning to pursue master’s in finance from Germany (since I graduated as a Mechanical Engineer from a tier-2 Indian college and don’t have any finance background) and work in the country for probably 4-5 years before I move back to India later. Currently, I’m working in a financial services KPO firm in India as a Senior Associate (3 ranks above entry level position) and have a total work ex of 4.5 years as of now.
Also, please let me know whether my above plan is feasible or not.
Ah, aiming for a strategic move in the finance or consulting world, are we? Here's the scoop based on the most helpful WSO content:
When considering positions in Germany that would be valuable back in India, you should aim for roles that offer:
International Exposure: Roles in bulge bracket investment banks or top consulting firms that have a global presence. This experience is often highly regarded in markets like India due to the international standards and practices you'll be exposed to.
Deal Experience: Positions where you get hands-on experience with deals, especially in M&A, LBOs, and capital markets. The WSO Networking Guide can help you connect with professionals in these areas to learn more.
Sector Specialization: Gaining expertise in sectors that are booming in both Germany and India, such as automotive, healthcare, or technology, can make you a valuable asset.
Leadership Roles: Positions that allow you to lead projects or teams will demonstrate your management capabilities, which is a plus in any market.
Language Skills: While in Germany, picking up the language can be an asset, especially for roles in multinational corporations that operate in both countries.
Regarding the feasibility of your plan: - Education: Pursuing a master's in finance will certainly help bridge the gap from your engineering background to finance. - Work Experience: 4-5 years in Germany will give you substantial experience and should be enough to transition back to a good role in India, especially if you target the right roles and companies. - Networking: Utilize the WSO Academy and other resources to build a network in both Germany and India. This will be crucial for your transition.
Remember, the key is to build a profile that's attractive in both markets. Tailor your experiences in Germany to match the demands of the Indian market. And don't forget to keep an eye on the WSO Company Database to track which firms have a strong presence in both countries. Good luck with your master's and the exciting journey ahead!
Sources: Should I apply to Germany as well?, 20 Most Frequently Asked Questions - London Edition, Outside NYC/SF, how would you rate cities for finance/consulting/corporate opps?, Which are the top hedgefunds located in Frankfurt/Munich and suggestions/advice to make a good career in this industry?, Germany Sucks
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Just stay in India then? Why bother going to a country, studying 2 years and learning a new language just to come back?
Besides once you go to Germany get whatever decent job you can in the field you want to work in, Want to work in IB try to get into IB or something close to M&A, Want to work in FP&A work in it.
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