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Don't accept the return offer. get a job in the front office. That's the easiest way.
How to get the FO job offer is my question. I have a Bachelor's from Delhi University and an MBA from a top 10 Indian B-School. Relevant work-ex to boot.Just don't know anyone, have no network etc.
Where can I get an internship or some relevant opportunity to move from India...
I have no idea what the job environment is in India. For example, getting a job in Asia requires deep connections. And in the US, going to a top school alone can get you a FO job. It might be that in India they choose interview candidates solely on academics and activities. I got my internship by applying online and then my current full time job by applying online. And honestly, if you truly want to do the job, you will get it eventually, but you have to prove yourself first. Be it CFA, or excelling in a back office job so that you can build connections. If you're doing it for the money, you will burnout before you reach the promise land. Another way to show that you're actually committed is to write research reports yourself. I had and still have a stock portfolio from which I was able to talk about an investment that was directly related my current coverage.
show vagene and bobs
I thought the easiest way was when you're already in ?
Nah, I was just saying that it'd be easier to get in straight out of college than if she were to try to break in from the back office.
If they are saying that it takes 4 years than they probably have a system that is nearly set in stone. Look at the credentials for those in the FO and do what you can to attain them. Otherwise, look for a job that you want at a different company.
The credentials seem to match, they have an MBA, I have one too from a top-tiered Indian B-school with a good GPA to boot, however my b-school has no fancy networking events and all. Distance is a hurdle.
You may have already mentioned this, sorry if you have to answer twice. But, are you already working within that country? If you aren't that is another hurdle. See if there is any alumni working at the firm from the schools you have attended and start networking. If not try and gain as much relevant experience as possible.
Quit the BO ASAP. If someone told you that you can get promoted to FO after hard work, he is absolutely full of sh*t. You learn no tangible skills that are transferable to FO and anybody with a pulse can do it. My advice, either network your ass off or try to enter a masters program to rebrand yourself, but do it quick.
You are right, I did hear that. My mentor there has an Msc in finance from Oxford and was a CFA L3...she said you might sometimes think why you bought such an expensive degree.
And the hard work bit, yup, heard that too. But movement to FO isn't as easy anymore with everyone vying for the same spot, tricky tricky. I am not joining the BO. :)
Now for the second part, my aspirations are to move abroad, have a good finance job, and chill. Just trying to understand how to make my background work in my favor.
Whenever someone says "you might transition", it means you won´t. Never trust anyone or anything unless it´s written. If your boss promises something, make him/her sign the contract in the blood of their firstborn, otherwise, they might go back on their word.
You say movement to FO is not easy anymore. BO to FO is almost unheard of in most shops and has never been easy. Try seeing this from the banks perspective. Why would they let someone, who has four years of experience and contributes to the BO team, get a shot at FO? You´re gonna be a liability there for the first 12-18 months without really adding anything. They are gonna want to higher someone younger, who will be cheaper (from the banks perspective) and that they can mold into the FO culture.
Oh, and for your second part, there are very few "good finance jobs" that can be combined with chilling. If those are your goals it seems weird that you want to go from the "chill" BO to the hectic FO.
HI, I am from India as well, I have been in the front end for quiet sometime now. PM me any query that you might have
Never take a job based upon where you can "transfer" to in the company.
A little crude, but to move from BO to FO I say is like getting hired by the Yankees to be there accountant and hoping you can parlay it into playing shortstop.
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