Possible to switch at 43?
Hello,
Just wonder if it is even possible at 43 to switch to IB from a public sector job? I have background in audit and compliance and in policy analysis. I have a 3 years old GMAT score comparable to class average of T-14 and a decent GPA in MA Economics.
But I am really nervous about leaving current job to go back to school to get into IB. Then on the other side, if I do not take this risk, I will never able to do anything different. Is it worth going for a full time MBA at 41 and then hope to be an IB associate at 43? I know age is no bar but I was hoping for some realistic advice. I would even be happier if I am able to achieve a corporate finance role with a large multinational or a govt. consulting role. But again, is it realistically possible to do it at this age?
I will appreciate your advice.
I would argue that anything is possible, but what are you willing to give up for it?
Just as an example, gov/public sector jobs normally have excellent benefits, how are these affected if you resign?
Honestly, I will be giving up some future pension cash flow, and work life balance of course. But the thing that bothers me the most is that as of now, I am not doing many meaningful things. Do I want to continue being in the team in which every one is nice but not productive? I don’t know. I want to do at least something meaningful before I am 60. Which is not too far haha
most MBAs cap age of incoming students, do they not? at any rate, you may as well try and see if you can swing it rather than always wondering. while it probably shouldn't be an impediment in hiring, it still will likely be one. but people overcome impediments all the time - non-target school etc etc.
People won’t talk about it but they won’t hire you. It’s just too late
If you just want a change of scenery, I wouldn’t do IB.
If I may ask everyone, what are some other areas where transition is relatively easier. Would it be consulting, economics consulting or other finance areas such as energy finance and industry finance?
I saw a 39 year old summer MBA associate at a bank on LinkedIn. Although he was former military.
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