I am going into my last year at Northeastern University as a Biology Major. It is obviously too late to switch majors. I have always considered business an interesting career option and have stocks/small investments on my own. I want to get into investment banking.
Since I won't be able to use my undergrad, I was thinking of going for my MBA after graduation. I know that I need a lot of work experience but I refuse to work in a lab or anything biology related. What can I do to shift into an investment banking career? What is the best way of doing it?
Shifting From A Biology Major To A Career In Finance
It is not impossible to get into financial investing with a biology major but it will require much work and determination. A Masters in Business Administration will be an excellent asset, however, there are a number of required steps before you can even apply for an MBA.
How To Get An MBA
To enter a Masters of Business Administration program you need to meet a number of requirements. Below is a list of what you'll need to get into a MBA program, in the United States. Note that some will vary depending on the school you are applying to:
- A four-year Bachelor's Degree in a recognized U.S. universty or international equivalent
- A minimum two to three years related work experience
- Personal statement
- Two letters of professional recomendation
- Proof of English proficiency
- GMAT score over 600
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The first and most important thing to do after earning your undergraduate degree (or before if you can) will be to get full-time, related work experience.
Try going into healthcare consulting (there's a ton of firms out there that specialize in hc). if you still want to get into finance after, get an MBA. In the meantime, you should try to do anything business oriented this summer.
How To Get An MBA With A Biology Undergrad
Lots of universities with heavy finance related programs recruit interns and provide networking opportunities directly on-campus. If you have a degree outside of finance or do not attend a university where businesses recruit finance positions, it will be up to you to network on your own. To do this, you can try cold-calling alumni from your university who have similar jobs, send emails, or reach out to potential mentors in a casual coffee talk setting. There are several ways you can get your 'in' but it will take a lot of leg-work on your part.
Read more about getting an MBA on WSO
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