Career switch via MBA
Hi everyone,
I’m seeking concrete advice and a reality check on my current situation and career plan. I’d love to hear your feedback!
Background
- Education: Bachelor’s in Business Administration from a semi-target university in Southern Europe.
- Experience: Summer Analyst at an Elite Boutique, followed by Private Equity restructuring at the start of my career.
I quickly realized that PE restructuring wasn’t for me. Two key reasons:
- Working on bankrupt companies in remote parts of Europe at 22 wasn’t what I envisioned—LBOs and growth deals were far more appealing.
- I felt disconnected from emerging tech trends, and I feared missing out on an industry that’s reshaping the world.
- Stayed 7 months in total and closed a deal
To pivot, I moved to a major European capital and joined an AI startup. My goal was to learn about AI and transition into tech investing (Growth Equity or VC). While the collapse of tech valuations and geopolitical challenges (e.g., Ukraine) stalled European tech investing, my startup experience was invaluable:
- I rose to a C-level executive role.
- Gained expertise in product management and board-level decision-making.
- Learned to operate in a fast-paced, disruptive environment (even with the challenges from OpenAI’s dominance).
Now, I’m fluent in four European languages and have a solid understanding of both the tech and investment worlds.
Current Status
After trying to launch a startup with friends for the last three months, we decided not to pursue it further. I’ve applied to various full-time finance roles, but the market is challenging, and I’m still searching for opportunities.
Career Goals
I’m determined to break into Growth Equity or Tech M&A.
Options I’m Considering
- Finance Internships: Returning as an intern doesn’t feel right after my previous roles—it seems like a significant downgrade.
- MBA in Europe (e.g., HEC/INSEAD): I’m concerned about the lack of MBA Associate programs in Europe, though I’m keen on relocating to Paris.
- MBA in the U.S.: It’s a huge financial investment, and there’s no guarantee of visa sponsorship post-graduation.
My Question
Given my background and goals, what’s the best path forward? Any tips, suggestions, or alternative strategies would be highly appreciated!
Based on the most helpful WSO content, here are some insights and suggestions for your career switch via an MBA:
Background Analysis
Career Goals
Options Considered
Recommendations
MBA in Europe:
MBA in the U.S.:
Alternative Strategies:
Conclusion
Given your background and goals, pursuing an MBA in Europe might be a more balanced approach considering the financial and geographical factors. However, if you can manage the financial investment and visa concerns, an MBA in the U.S. could provide more opportunities in your desired fields. Networking and leveraging your unique skill set will be crucial in either path.
For more detailed advice and personal experiences, you might find the following WSO threads helpful: - https://www.wallstreetoasis.com/forum/equity-research/feel-trapped-exit…</a">Corporate/Tech Strategy Career Path, Post MBA? - https://www.wallstreetoasis.com/forum/equity-research/feel-trapped-exit…</a">Advice on career and the switch into investment banking
Good luck with your career switch!
Sources: Feel Trapped, Exit Opps From Sell-Side ER?, Seeking advice - Decade of experience in niche sector and laid off, Corporate/Tech Strategy Career Path, Post MBA?, Q&A: VP in Private Equity (Growth Equity + LBO)...Post-MBA...Formerly IB Analyst, Advice on career and the switch into investment banking
How big / funding round was the start-up? Even if it was tiny, finance intern seems pretty ridiculous if you were C-suite level of a credible start-up. Would suggest to go for a reputable US MBA - as long as you can secure a decent job, you should have a decent chance of finding a path for long-term immigration and steadily paying down the MBA debt in USD. It’s much much harder to get US citizenship from Asia (China / India).
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