PhD to ER transition, would love some feedback

Been viewing these forums for a while and I have always been interested in ER. As I am about to graduate, I was wondering what it would take for me to be able to secure an Associate position.

Little about me:

I am currently finishing up my Ph.D. in Biochemistry from a top 10 school in my field, cofounded a biotech startup, been trading for over 4 years now (primarily biotech stocks) and currently involved in a program with T. Rowe Price aimed at introducing PhDs to ER. The program is not as thorough as an internship but covers some major aspects of being an associate in ER I think.

I wanted to get some information on if I would be deemed a good candidate for ER and what qualifications I may still lack. Would love any feedback!

 
Best Response
I wanted to get some information on if I would be deemed a good candidate for ER and what qualifications I may still lack

You must be at least a decent candidate otherwise you wouldn't have been invited to the T Rowe program. I haven't heard of that program before, but I would think it would answer many of the questions you have.

Whether you would be a good candidate or not is a broad question. I've never worked in biotech but I suspect a scientific role at a biotech firm is much different than working in ER. T Rowe in particular is known for being a stressful place to work, though they are very well compensated. You should try to figure out from a fit perspective if ER is right for you.

In terms of qualifications you lack: it sounds like you haven't taken many, if any, business related courses. That would be a key concern. If you're only covering biotech then your knowledge of accounting and finance may be less important, but I would think you would need to understand the basics.

 

My lack of business courses is what I am most concerned about also, its mostly why I applied to the T. Rowe program. I am hoping that it may bolster my business background a bit more. I was involved in managing my start up's finances early on, so I do have experience from that but I imagine that doesn't weigh too much during an interview, am I correct?

 

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