Age limits and reinventing yourself in Financial Services (Banking / AM)

Hey Guys,

I have a question about age limit in the financial services industry for a reinvention. What I mean is that is it possible to change careers and go to work for a bank in your early 30s? I am 32 and working for a consulting form in Germany for their financial services department, I have worked on projects related to alternative investment management and currently I am working for their derivatives group.

But consulting work can get boring at times and one never really becomes an expert in any subject and when you become a manager you are just a salesman (pimp) trying to find some project where you can staff your people.

I want to move to a bank/asset manager by joining one of their trainee programs. In my mind the pay cut will be worth it if I can get to do some decent work and also the banking bonuses are much better than consulting bonuses.

Most trainees are in their early to mid 20s and most b-school grads are in their late 20s so will there be age discrimination when it comes to joining an Asset Management firm or a good bank?

My profile: Male 32, in Frankfurt. MBA (2010)Germany, BS (2003) USA, Nationality: Indian. Currently studying for the CFA L1. I have worked as a techie before 2009 and made the transition to FS after B-School.

Thanks!

 

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