I've been snooping around here quite a bit lately, so I figured I'd thrown and into out there. I'm a marketing/account manager in the media industry in my late twenties. I live in the NYC area and I'm currently enrolled in a part-time non-target MBA program. I know that I'm not going to break into IB or PE or anything like that given my situation, but I would like to break into finance in some capacity - even if it's just in operations or something like that. I've done fairly well at my current company, gotten a couple of promotions, and handle our largest account. That being said, I work in a fading industry and the opportunity to advance is getting slimmer by the day. Not to mention, the work just isn't motivating/interesting anymore. Any advice on transitioning over would be appreciated. I know that it isn't ideal by any means, but is Ops my best opportunity?
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It hurts me seeing people going for non-target part-time MBAs. I'm guessing its not easy but can you drop out and apply to a full-time MBA?
I'll share my thoughts with you, though be warned I am not in finance. Since you are looking to change functions, a full-time MBA program would be ideal given the opportunities to do a summer internship and engage in "real life learning opportunities." You can generally successfully leverage these experiences + relevant coursework to change functions. A top ranked program would also make this transition easier, but I would assume that most programs would enable you to make this change, assuming you are open to non-F500 companies. From a part-time program, it will definitely be more difficult, but not outside the realm of possibility. I would say you should start by identifying positions you are interested in, learn as much as you can about the skills required to succeed in them, and then start looking at how your experience is relevant. If you can add relevant coursework and perhaps a leadership position in a finance club affiliated with the MBA program, I think you would stand a good chance of getting a job in finance.
I don't think it would be impossible for you to obtain an MBA and break into a F500 or non F500 role by any means. Banking on the other hand would just depend on what king of internship you could land and networking. Ops would be certainly be a possibility, I'm not sure how many Ops people have MBAs?
Thanks for the input guys. This is helpful.
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