I graduated from a target school and was hired into an analyst role in the corp dev team at a SMid-cap biopharma. I was promoted to senior analyst recently and am now approaching the 2 year mark at my company.
However, in the past year, the corp dev team has been de-prioritized relative to the R&D team, especially from a junior perspective, as our company has shifted strategy from acquiring commercial stage specialty pharmas to early stage biotech. As a result, I'm now considering switching out of my industry.
I've been interested in breaking into a corp dev role in the tech industry. I had a few tech corp dev interviews in the past year that have progressed fairly well, but the common issue that came up was that I didn't have direct experience working in the tech industry.
However, I've also had a few interviews with tech FP&A roles where the company never expressed any issues with my lack of industry experience. This signaled to me that FP&A may be a way for me to get the foot in the door to build tech industry experience and eventually get back into corp dev. However, I have seen multiple posts that have illustrated the difficulty of transitioning from FP&A.
I'd like to get people's thoughts on my proposed path to transition from one industry to another. What challenges do you foresee? What alternatives are out there that might make this easier?
Thanks everyone for the help in advance