Time to Pivot

The last company I interned at let me go due to there being no open roles for this year. Currently have nothing lined up, and the future looks pretty bleak. Believe that the minimum standard is an MBA + CFA to compete against the masses (currently CFA L1 cand.). 

There is a good chance that even with my CFA obtained, I will still be caught up by AI for a junior role (most roles at that level could easily be removed or at best automated and overseen by a more senior member). Juniors at most push a few buttons and already do the mundane work. 

Quite frankly, I am in a spot where BC or the military might have a better ROI for me. I am spending my next few months learning more code and AI-related material (neural networks, decision trees, etc.) 

I know most can sympathize, and to those that have roles, congrats; this isn't a sob post. As far as timelines go for others in this spot, what's the next 6 month plan?

2 Comments
 

Based on the most helpful WSO content, here’s a structured 6-month plan to help you pivot effectively and maximize your ROI:

1. Upskill Strategically (Months 1-3)

  • Coding & AI Skills: Continue learning coding and AI-related material. Focus on practical applications like Python, machine learning libraries (TensorFlow, PyTorch), and data analysis tools (Pandas, NumPy). These skills are highly transferable across industries.
  • Certifications: Complete CFA Level 1 preparation and consider certifications in data science or AI (e.g., Google AI, Coursera, or edX programs).
  • Portfolio Building: Create small projects showcasing your AI and coding skills. For example, build a simple neural network or decision tree model and host it on GitHub.

2. Networking & Industry Research (Months 1-6)

  • Targeted Networking: Reach out to professionals in industries where AI and finance intersect (e.g., fintech, quant roles, or data-driven consulting). Use LinkedIn, alumni networks, and cold emails to connect.
  • Informational Interviews: Schedule calls or coffee chats to understand the skills and experiences hiring managers value most in these fields.
  • Industry Research: Explore roles that align with your new skill set, such as data analyst, machine learning engineer, or fintech product manager.

3. Short-Term Goals (Months 1-6)

  • Job Applications: Apply to roles that leverage your current skills while showcasing your commitment to learning AI and coding. Highlight your CFA candidacy and any completed projects.
  • Freelance/Contract Work: Consider freelance opportunities in data analysis, financial modeling, or AI projects to gain experience and build your resume.
  • Bootcamps & Workshops: Enroll in short-term bootcamps like WSO’s Financial Modeling & Valuation Bootcamp or AI-focused programs to sharpen your skills and network with peers.

4. Long-Term Pivot Planning (Months 4-6)

  • Evaluate ROI of MBA or Military: Research MBA programs with strong AI/tech or finance tracks. Alternatively, assess military options if they align with your career goals and offer a clear path to skill development.
  • AI-Focused Roles: Position yourself for roles that ride the generative AI wave, such as those in fintech, venture capital, or AI-driven consulting. These fields are less likely to be fully automated in the near term.

5. Mental Resilience & Perspective

  • Set Realistic Goals: Break down your plan into manageable weekly tasks to avoid feeling overwhelmed.
  • Stay Positive: Remember, many professionals have successfully pivoted during challenging times. Focus on building skills and connections that will set you apart.

This plan ensures you’re not only preparing for immediate opportunities but also positioning yourself for long-term success in a rapidly evolving job market. Keep grinding, and you’ll find your way!

Sources: What job to take if you best want to ride the generative AI wave over the next couple of decades. Serious question., Unemployed and living in parents' basement, losing hope, Will robots replace your consulting or financial career?, Strategy& Ex Employee - Q&A, Military veteran looking for an executive assistant position

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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