I'm at a career crossroads and could use all the advice I can get...

Hi all, as a quick background and introduction:

I am 32 years old and work in an Operations/Commercial Finance capacity within the Pharma industry.

I have been in this position for going on three years and have been promoted once over that time frame with strong reviews each year.

My company in particular advocates lateral movement, which in my case could include a transition into another finance function or into the business (marketing, etc.) itself.

This leaves me with three options:
1. Remain where I am and continue to hopefully work my way up a bit more (potentially limited growth)
2. Transition into another finance-related function (a bit unsure where I would "rather" be - however Treasury and IR do interest me)
3. Lateral into the business (this to me is the most risky but potentially the most rewarding/interesting).

Anyway, curious if anyone has any insight or advice. Especially if you've faced similar situations, I am wondering what the best course of action here is.

Thanks all!

 

Hi ihavenoideawhatimdoing, don't worry, the WSO Monkey Bot is here.... I'm hoping one of these links will help find your answer:

  • Career Crossroads: 3 years of rejection letters, time to take a hint or keep at it? I am currently at a career cross roads as I have been trying to break into Investment Banking for ... internship doing accounting work for a pharmaceutical company ranked in the top 150 on the Fortune 500 list. ... getting paid and then handing the book off to someone else.... Do I give up on the IB dream? I
  • Regrets About not Going to Corporate Finance? classes in college and ended up financing M&A between major corporations, LBOs for jumbo private ... operator for your hotel etc. Think of all the operational and strategy nuances to 3G Capital's ... You can exit to a corporation in the area that you covered, make good money, and still have time for ...
  • When your passion is beyond your reach stellar grades (3.4-3.7) 4) Fortune 500 since graduation, finance capacity 4) GMAT 780 5) 3 internships, ... myself employed, which in this economy is more than one could ask for. That said, I feel I'm at ... cross-roads now and should call it quits on any hopes of future ibanking career. I would like to see what you ...
  • At classic crossroads- job or master's degree? doing something right/have the right qualifications. I am primarily looking at energy/finance type ... no relevant job experience; been doing okay with stock investing/ trading for the last three years. ... Now I am faced with the classical decision of choosing between 1) improving grades, do GMAT/TOEFL ...
  • At a crossroads in life Hi everyone, I'm finishing up a term at a PE fund and could use some advice. I visit this ... graduation, I had to take a job elsewhere when the market started to tank...so I ended up as an analyst at GS ... worth) utilizing a wide variety of asset classes and private equity investments. Managed portfolio team ...
  • Crossroads: Tradition or Ambition natural. I could cash out on all the hard work I've sunk the last few years climbing from an unrelated ... field of work into the world of Investment Banking. Or I could put my chips back in the game and bet the ... the unlimited upside of Choice #2 if I could only be made to see that the
  • Undergrad in Finance then MBA or MS in Acctg + Finance & CPA a treasury role of sorts at a F500. My end game is to work for a F500 company in a role where I can influence ... clearly the better choice I could stick it out. Thank you for reading! college student corporate careers ... Northwestern). I am a Finance student at a crossroads.. Option 1: stay
  • More suggestions...

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

I would look at the background of successful people within your organization and outside of it. Look at what they have done and try to emulate it, while understanding that a lot of folks get breaks due to politics or dumb luck. Thats what I am trying to do and it makes sense.

You may need to jump ship to elsewhere where there is more opportunity as I constantly consider. Unfortunately you have to pay your dues and not everyone is lucky.

 

Molestiae nihil commodi aliquid. Dicta harum exercitationem quia quidem modi dolores. Enim molestias incidunt modi. Iure rerum amet distinctio minima eos et quidem. Odio corrupti dolore aut corporis amet.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”