Questions About Alternative Careers To I-Banking, Consulting, Big 4, etc.

I believe a few days ago, I asked a very typical question concerning whether if I would be too old for Investment Banking or other careers like Management Consulting, and so on. As well as preferences on where I would like to stay after completing school (my current state of Texas). Nowadays, some ideas I have more "realistic" ideas of careers.

One of them would be Commercial Banking. What sectors do Commercial Banks in Texas cover? Because I am curious. How is the work environment there. How would you be able to land an internship in Commercial Banking? Are the environments there skewed against Older College Grads? (I look young for my actual age too btw, just a note). What is the professional ladder you climb in Commercial Banking? Salary Progression?

Another idea I have on my mind is Corporate Finance or Financial Analyst gigs. NOTE: I am not interested in working at huge companies, because of a tougher process. I also may want to look at industries that are more stable, besides O&G, Tech & Defense/Aerospace Companies. Public sector would be okay too. Do you guys know the salary progression for Corporate Finance and the ladder you can go up for small to midsize companies besides O&G, Tech, Defense/Aerospace in Texas?

A third idea would be roles in Marketing. I was wondering what kinds of companies hire for roles in Marketing. Also what would be the pay progression be like? What about the work ladder be like? What kind of companies that hire besides O&G, Tech, Aerospace? (I am also looking at Marketing because I may want to learn about Digital Marketing and maybe even launch a Digital Marketing agency too).

Other ideas can be Commission/Sales based careers which can help me to build and develop sales skills, as well as learning how to be determined how to make money, practice customer service, marketing, as well as human relations skills. Plus such areas can help me how to be emotionally strong (you will deal with rejection a lot lol, but you still need to be determined no matter what).

I am just wondering because I am trying to really figure out where the right fit is for me career wise and also be realistic about it (since I am probably going to attend mid-tier Colleges, as well as not planning to move to New York, and am not attending a high-tier College or an Ivy League, plus probably going to be in my Mid 30s, due to dropping out of school and having jobs in retail, non profit, etc).

 
Most Helpful

You can easily get your foot in the door at a community, regional, or super regional bank by doing a lending support role. You can learn stuff and them move upward and cap yourself out at RM if you're good at relationship stuff. Look at loan operations, loan assistants, credit analyst, financial analyst, credit operations etc. Feel free to mix and match the search terms as theres an assortment of combined roles and role titles for similar positions.

 

Thanks for the suggestions @Phat. I appreciate it. I am trying to look at something on the basis of something which will lead me to even more bigger, loftier goals, like Entrepreneurship in the future. Whether it will be getting into Real Estate or starting some company of some sort. If I decide to look at some more basic banking jobs which can help me understand how to finance things like Real Estate Projects or keeping Business/Companies operating, this can lead to me eventually in the future to do something on even a bigger scale, which was always a big goal of mine. In general, anything relating to personal development is a great area to look into no matter what! 

 

Senior in undergrad at a top uni in Texas so take w/ grain of salt. Not sure where in tx you're based out of or if you're willing to move cities, but in terms of industry coverage htx is mostly O&G, atx is a lot of tech, and Dallas is more RE, HC, & consumer. Just looked at your other post and you mentioned that your target schools are A&M and Tech- A&M will put you in a much better position if you can get in (Rice, UT, A&M, and SMU are the top schools in tx for finc).

Also saw that you have aspergers. Not to discourage you but sales requires a high level of social skills, not sure how your social skills are and they might be fine but I know that people with aspergers tend to not be the best socially, maybe that's just a stereotype though. I only say this because you need to be very introspective and figure out not only what you want/enjoy, but also what you're good at. That will give you the most success.

If you do think that you're cut out for sales, atx has a lot of tech companies that hire for sales and many of their core schools are tx based (UT, A&M, Baylor, etc). There are also many tech start ups in atx where you may be able to "wear multiple hats" so to speak since they're early stage and the roles are generally more broad in scope. Not sure how hard it is to get into them though. 

Hope this helps.

 

For the response to the last question. When it comes to lots of social skills, I am very socially smart and can handle conversations with ease for someone with a situation like mine. So, socially, I feel like I am very strong when it comes to many things. I have overcame quite a bit in that factor. But the issue is sometimes if I am put in stressful situations, it gets really hard.

I once worked at a non-profit and I constantly dealt with a co-worker who kept on bugging me and interrupting me while I was trying to complete tasks and I kept on warning my co-worker to not constantly bug me when I am working on getting things done. I warned her a few times and she was not able to understand reasoning well enough, so one day, I walked out of the room where I was supposed to do work and I took too long of a break and I kind of got into trouble.

So my issue will be involving dealing with extremely hard stressful situations, as well as how I need to take a little more time completing assignments. Otherwise, I am very socially smart, I can communicate with others well and get along with others well.

 

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