Active duty studying finance

Hello all I hope I'm not beating the dead horse but I couldn't quite find much content about my situation.

I'm currently 27 with a wife and a 9 month old. I recently got to a new command who honesty loves to fact I want to goto college. I had a lot of aspiration for cyber security until I found out a lot of people don't really get a job in cyber even if they get a degree in it. So I focused on the only other thing I'm very interested in. I found that there was a finance degree path at PSU world campus and applied and got accepted into it. I'm currently only able to take 2 courses at a time due to limited financial aid and military TA is only good for 12 credit every fiscal year. My reasoning for it was my neighbor and I were talking one day as we both cut the grass ( very Dad like I know ) and we got on the topic of college and he told me he was actually a "risk analyst" for Bank of America and he loves his job. I didn't know what any of that meant but it seemed like the type of work I wouldn't mind doing.

My question is I'll be around 32 years old when I get out with roughly 14 years of service. Will big institutions or private companies such as hedge funds or private equity even consider someone like myself? Given the fact that I would be much older than most of the interns going to some investment bank or something of the likes? Not to mention I'm not going to a "target" school. I do hear good things so far at PSU tho which is nice. Good teachers and they even have a real time non simulated investment firm inside that trades for the school. Thanks to all who reply and I appreciate everyone's time.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (8)

  • Associate 1 in S&T - Other
Jul 16, 2021 - 8:46am

Hey man. Many vets transition to the civilian world by doing a top 10 MBA which sets them up pretty well. I know you mentioned you'll be 32 so not sure if spending two more years in an MBA is something you're interested in. Also, you wouldn't get the same benefit from doing an MBA online-would miss out on the prestige, networking, and recruiting. 

The other, non-MBA option would be looking into the veteran programs at different banks. Goldman's Veteran Integration Program, JP Morgan has one, BAML does and I'm sure some others too. Check out Veterans on Wall Street too. These programs let guys bypass the MBA as they transition out. Often you can rotate through a few areas in the bank. 

Those are the two main routes. Especially if you do the second route, make sure you're finding vets on LinkedIn at those banks and networking with them (no need to do this now but when you're getting ready to transition)

Jul 16, 2021 - 9:05pm

I think in the end MBA is the route I should take because of the fact my wife is on board with going where we need to go. Yeah I made a LinkedIn but I'm just plugging things in for my own self interest. Since I'm going to PSU world campus they still have a few clubs and an investment fund that is open to us so I'm doing what I can to get involved with that as well. Thanks for your advice.

  • Associate 1 in S&T - Other
Jul 17, 2021 - 9:41am

Just spend plenty of time studying for GMAT / GRE. Keep in mind scores Kat 5 years so don't take too early. Plenty of pilots in MBA programs who skew older cause of the longer contracts so don't worry too much about that

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Associate 1 in S&T - Other
Jul 17, 2021 - 10:09am

I meant either / or. I did both. See what you score better on. I did really well on GMAT verbal but not as good on GRE verbal. The opposite was try for quant

Most Helpful
Jul 17, 2021 - 10:46am

Commodi odit ipsa porro incidunt sed culpa minus. Sunt numquam qui omnis temporibus eum temporibus. Molestias similique cupiditate nihil rerum molestiae ea voluptas. Aliquam et adipisci sint laboriosam possimus molestias. Dolorem quam eos ipsum et nemo.

Consequatur eos expedita eos ipsam omnis modi. Alias dolores eius consequatur cumque.

Start Discussion

Total Avg Compensation

November 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (236) $235
  • 2nd Year Analyst (144) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (514) $136
  • Intern/Summer Analyst (394) $84