Guy in his late 20s seeking help to decide on univ/course

Hi All,

Having spent a couple of weeks thinking about future, decided to post here hoping for some solid suggestions.
A bit about my background - I am in my late 20s, with bachelors and two masters in mechanical engineering from top universities in India and Canada, with decent (3.8/4) gpa. I have total 4 years of work ex- 1 year in an oil refining industry and 3 years in energy management consultancy companies. Apart from these, I have few recognized engineering titles such as Professional Engineer and Certified Energy Manager under my belt. I am also a permanent resident of Canada, and become eligible for citizenship in about a year. Overall, I am doing okay. However, I feel like life is not as adventurous and growth is sluggish as it tends to be in engineering jobs.

Therefore, I have been thinking about an MBA and hoping to move into energy banking or energy trading jobs. Note that I am pretty good with math (and engineering in general). I have had pretty good gpa in math courses such as statistics, advanced calculus etc, and I will be able to learn anything mathematical such as financial modeling effectively once I sit down my ass and focus on it. Apart from that, I don't really have any other experience with finance or trading.

I have been reading a bit on this forum for about a week or so that energy focused jobs are mostly based in Houston and getting a degree in UT/Rice is effective to land a job there. Therefore, I am hoping to get some advice from experts around here:

1) Given my background, what are the chances of getting admitted to one or two year MBA program? Again, I am hoping to get into energy banking or trading.
2) What are the good schools and courses I should be applying to? I am preferably looking to get into 1 year program
3) What are the job prospects of getting in energy banking role in Houston with no previous experience in finance?
4) Is it advisable to do my MBA in Canada instead and look for a job in Calgary? Note that Canada does not offer opportunities in terms of both quantity and quality of jobs that US has to offer

Hoping for replies.

Cheers!

-Enthu

 
Best Response

Two things to focus on first:

  1. Get Canadian citizenship before considering moving to the US. You want to avoid being an Indian national going through the US immigration system for work visas. Visit the Immihelp website for more info and first hand stories on the US immigration process. Tons of Indians posting on that site.

  2. GMAT. B-school admissions is becoming more like law and med school admissions in that the standardized test score is becoming even more important as a filter. For the kinds of jobs you're looking at, you're looking at top 16 schools mostly, and so you'll need at least a 700 and ideally a 720+ to have a chance.

Alex Chu www.mbaapply.com
 

Perspiciatis nisi illum eveniet officia unde eaque impedit dolorum. Voluptatem et perferendis at ipsam expedita. Ad ratione qui beatae necessitatibus rerum veniam. Eius facere nihil ducimus ipsum perferendis exercitationem eos at.

Et est numquam magnam qui. Sint ipsum quibusdam nulla maxime vel. Repudiandae quasi dolores ex assumenda qui harum. Eos perferendis officia fugit natus officiis. Eaque repudiandae hic ullam dolor quas enim. In aliquid eum quasi quam ea asperiores.

Possimus est ipsum quaerat. Provident sed et ex eaque.

Iusto veritatis itaque animi ex. Est unde earum consequatur quibusdam nam iure id. Ullam accusamus id voluptate enim. Ea et non qui eius est enim dolores. Ratione dolorem tenetur voluptatem quisquam rerum iure ullam esse. In officia commodi molestiae totam sequi. Aut dolores exercitationem deleniti dolorem labore fugiat quo.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”