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Profile Evaluation- Career Change to Finance

This topic has 1 expert reply and 0 member replies
nikhil.nerkar Newbie | Next Rank: 10 Posts Default Avatar
Joined
21 Jul 2016
Posted:
1 messages

Profile Evaluation- Career Change to Finance

Post Thu Jul 21, 2016 2:08 am
Im Nikhil from India.
Education:
10th: 79.2% ;1999
12th: 59% ; 2001
Bachelor of Engineering: 63.53% ; 2006
Weekend MBA: 3.1 GPA ; 2015

I have 9+ years experience in IT in software testing. Yet to take GMAT, still assume 700 score comfortably.
Planning to start MBA in Jan 2018.
Got interested in finance during my weekend MBA. Shift to that role was not possible with the existing MBA hence looking for a MBA with brand.
No volunteering experience.
Interested in trekking & have done a couple of Himalayan snow clad trek as major minor being short hikes that I am doing since last last 8/9 years.

I wont say I am exceptional from the highly competitive Indian pool, still wish to take the RIGHT risk.

1. Is career change possible after 9 years in IT?
1. If possible, want to know the schools to target if I wish to change career from IT to finance.
2. Said b-school offers high placements for Finance guys. Still is doing MBA from UK post Brexit makes sense ?
3. Will my more experience (10 while starting MBA) & age(33) hold me back ?

Thanks.

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Post Thu Jul 21, 2016 11:29 pm
Hey there Nikhil,
Great to hear from you!
Let me start by jumping straight into your questions:

1. Is career change possible after 9 years in IT?

A career change is always possible, but frankly a career change into finance at this later stage and age will be likely very difficult. I don't want to dissuade you from wanting or trying, but the realities are that employers will have a plethora of choice from younger talent with experience in finance, and they have little reason to take an older IT guy. Where it can work, is if you make the right contacts and cultivate them, and then if you perform well in your MBA internship, you could land that job too. But you may want to consider other options - product management, or general management in IT or other things that excite you, but which will be easier to attain.

1. If possible, want to know the schools to target if I wish to change career from IT to finance.

Any school with good placements in Finance, so yes LBS, Oxbridge, etc.

2. Said b-school offers high placements for Finance guys. Still is doing MBA from UK post Brexit makes sense ?

Here I can't answer you at all. I'm no prophet! Smile Actually nobody really knows that will happen with the Brexit, so a mystery to me too. But still, there will always be the London financial district.

3. Will my more experience (10 while starting MBA) & age(33) hold me back ?

If you apply to European (continental) B-schools or EMBAs not necessarily. But it will make your desired career change difficult.

So overall, I think B-school can be a very interesting investment for you, but please do realize that your desired switch to Finance may be quite challenging, so consider other options as well.

Best,
JF

_________________
Jon Frank
Harvard MBA, 2005
Founder and CEO, Admissionado

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