I'm getting a new job - will I be able to leverage it in a bank?
I may be jumping the gun a little bit. Quickly, my background. I have an MBA from a top 20 school that is not quite known for high finance but is solid in terms of corporate finance. I have a background mostly in advertising from a research perspective in my career, but my last role was as a project manager at an energy company and as a quasi-financial analyst (track budgets/labor variance reports). Anyway, I just finished a 6-month job search and got a job as a business intelligence analyst for a company that provides loans to small businesses that can't get a bank loan. Now, the role is interesting, my understanding is that I basically report on the efficiency and effectiveness of the loan process (start with the top of the funnel and make sure to see how many loans are made in the bottom of the funnel and if it's low there's a problem). The problem is that this is an entry-level role that pays little even for an entry-level role. They do swear up and down that it's a growing company and there will be opportunities to move up. However, I'm making $70k less than the average MBA from my school made when I graduated 2.5 years ago. How much of a raise can I get? Anyway, not to digress, this is a small company without a name, would I be able to transition to a job at a bank at some point doing something similar? Or do they really look for name recognition of your employer?
Not an expert here. BUT-- isn't anything possible with extensive networking?
I guess so, I'm not the best networker. It was never my strong suit, unfortunately. I can network in the sense of making friends that at some point can help me get a job, not in the sense of meeting with people at companies, having coffee chats, and kissing ass.
Networking is essentially in my opinion. Thing is you seem to have corporate finance experience which in theory should be able to be leveraged in to an Analyst I or II position at a bank. The only way I see you getting there is by networking though.
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