Is there such a thing as too much time in industry?

So my plan is to gain industry experience in energy sector, and use that to apply for positions as an energy associate. Fair enough, lots of people do that, etc etc. I'm just wondering if there's maybe a time limit to how long I should do that? I'm currently a business analyst for a large oil company (almost 1 year), so I'm gaining very good experience on that sector, but I don't want to stay here so long that ER's start skipping my applications because I've been in industry too long. Is this a potential problem/should I worry about "stigmatizing" myself as an industry man?

 

Nah I really doubt I'll do the MBA route. Currently my plan is to do 2 years jumping around a couple upstream oil companies in business analyst type roles, and try to lateral in as you say. From people I've talked to ER is about the only financial career that industry experience is equally as valuable as an MBA. Any thoughts on that?

 

Optio error culpa laborum est et reiciendis alias. Ut quis sunt quaerat optio dolores.

Repudiandae et commodi omnis nostrum. Culpa sapiente voluptate accusantium. Facilis nihil id consequuntur enim quia.

Soluta cupiditate cupiditate ratione officia. Possimus placeat ut tempora. Eum esse quo et consequatur voluptatibus occaecati.

Quidem incidunt consectetur atque expedita voluptas est. Assumenda error cumque quasi a.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
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...”