I am really hoping to break into the financial services industry, specifically into something along the lines of a credit analyst type role or in AM. I have a background that seems to be quite different from the traditional paths people on this site tend to take but I was hoping to get some feedback as to if my goal is realistic as well if anyone has any suggestions for how to get. It seems as though everyone here is pretty straight up so I appreciate any help.
Background- Graduated from a small regional liberal arts school in Philly (low GPA- 3.2). Went there because I had a full scholarship offer to play division 2 baseball (athletic+academic). B.S Business Admin and Management, minor in International business. No significant internships because I had to play in competitive summer leagues to train/keep my spot on the team.
Networked my way in to post graduate operations internship at a top Pharma company in NYC (think Pfizer, Merck, GSK). Received an offer but I decided that I did not want to go that route with my career and focused towards pursuing financial services industry.
Didn't know where to turn so I applied to B-School and received a grad assistant position that pays for my MBA at a non target NYC area school (think St. Johns, Seton Hall University, Pace). In hind sight this was not a good decision. I am finishing up my first year with a 3.7 and now have an offer for a PWM internship at a BB in Manhattan that I will probably accept but I know it is not what I want to ultimately do.
Does anyone have any input or advice for me? I know I will be incredibly lucky and a long shot to even get a back office position as I can see how competitive it is.
Thanks for any insight.
Dude, take that PWM internship. You could probably land a credit analyst position easy, or at least land a position where you can transfer out in 1 year- if you play your cards right.
Yea, I am without a doubt taking the PWM internship. What kind of positions would set me up to possibly transfer out to a credit analyst role?
Search the term credit analyst. There are a few comments on the positions people used to jump in. Working at a Credit Ratings Agency is one way in. You could go straight into smaller-mid sized banks, then jump into a bigger one if u don't like it. Maybe you want to be a credit analyst in a credit department of some bank.
Thanks I appreciate it. I'm thinking Credit Rating Agencies may provide the best chance.
You could also move in the commercial banking department at the bank you're at. They take people with your grades and you do some credit work. I also don't think it's particularly difficult to break in either.
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