From Engineering to Financial Services Question (Yea another one)

Greetings

I am a Civil Engineer who's interested in making a transition into financial services. No previous investment/finance work experience. Just Engineering related work for internships and obviously my current engineering job.

In one of my local job fairs (major midwest city), I approached a recruiter with Wells Fargo with my interests and motivation to pursue such a change in my career. She says i have the opportunity to potentially be in the candidate pool for a trading assistant position (where she thought i had more chance) and a analytics position. I have experience with Python, C++, SQL and Excel Spreadsheets with VBA programming to boot. The recruiter warned that the ass. trading position would be low salary starting out ~40k. The recruiter also pointed out that with Wells Fargo, I would be getting my foot in the door and they would pay for my MBA or at least most of it. Im curious to the exposure I would be getting working with their trading team? I don't mind the hours as long as the future opportunities would be well worth it. Coming from a non traditional background and a non-target school, i don't have much leverage at all.

I also applied to a major local brokerage firm to a fixed income research analyst position specializing in municipal bonds. I believe my Civil Eng. background fits pretty well with this position.

For a non traditional business degree and no previous work in the financial services industry? What position should i strongly pursue out of the three?

Thanks!
Joe

 

The position you should go for obviously depends on your skills. What you need to do is to make a list of the skills you have used at your job. Then, go and look at job postings for the same type of jobs you're interested in (in this case, trading assistant, the analytics position, and the fixed income research one) - try to find at least 5 for each of them (10 is obviously better) and make a list of the skills that are consistently emphasized. Compare the lists and the one with the most overlap is the one you should pursue.

 
Best Response

Beatae enim laudantium et voluptatum quia adipisci. Quisquam veritatis ut rerum nihil sed hic. Libero iure esse itaque sunt.

Vel quos quos quaerat enim tempora sunt numquam. Tenetur quia modi minima qui aspernatur tenetur consequatur. Voluptate placeat voluptatem tempora aliquid. Qui veniam neque eaque incidunt maxime nesciunt facilis.

Quibusdam ut sint dolorem praesentium veniam. Optio quaerat totam molestias sunt sapiente. Ipsam nostrum sed eveniet culpa atque.

Corporis pariatur repudiandae quasi rerum veniam ea itaque. Molestiae consequatur qui illo quidem incidunt inventore. Non sint hic a voluptatem qui consequatur. Aut commodi est quibusdam eveniet deleniti molestias.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • Lazard Freres 06 98.9%
  • JPMorgan Chase 09 98.3%
  • William Blair 03 97.7%
  • Morgan Stanley 04 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (23) $378
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (207) $159
  • Intern/Summer Analyst (152) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”