Hi,
This is a bit of a dual post between this and the AM forum; I am trying to assess whether an adcom for a top 5/10 program would consider my career goal/transition realistic.
I am coming from a Compliance background (currently doing PE and capital markets compliance at a PE megafund i.e. BX, TPG, Carlyle) and am interested in breaking into AM.
I originally intended to go into AM post-undergrad, but I naively accepted a compliance role thinking I could use it as a "stop-gap" to make money will searching for an AM position. Unfortunately, by the time I realized my error I was already stuck on the Compliance track. I managed my own portfolio focused on tech and asian stocks during my undergrad years and have followed the markets since, but have not been able to trade for the most part due to firm restrictions.
Assuming my stats/background is otherwise solid enough for a top program, would an adcom see my goal to transition into AM as realistic (i.e. not a reason to ding me for an unattainable career vision)?
Thanks!
first off do you think getting into a top 5 or top 10 from compliance is realistic? :| i guess the brand name of the firm will help...
If I were you, I would say that my career goals would be to transition to compliance/regulatory consulting at a Big 4/MBB firm in short term and become the Chief Compliance Officer of a bank/financial institution in the long term. Your goals seem more realistic that way.
Once you are in at a program of your choice, pound the pavement for a pre-MBA internship at an IB/IM firm, get your CFA, establish a network in your post-MBA target firms, and rock recruiting!
You can't compete with 2+2 guys, so create your own category. No one can beat you at that, only your own lack of creativity and willpower. And do try to get a decent GMAT,
[quote=IRSPB]If I were you, I would say that my career goals would be to transition to compliance/regulatory consulting at a Big 4/MBB firm in short term and become the Chief Compliance Officer of a bank/financial institution in the long term. Your goals seem more realistic that way.
I definitely don't buy it. But then again, you're explaining your situation in your post and not your "story". Do you have a realistic story for AM? I definitely like IRSPB's story better than your compliance to AM.
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