IT professional shifting career to Finance

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kewlye: Newbie | Next Rank: 10 Posts; Posts: 3; Joined: Sun Jun 03, 2012 10:07 am

by kewlye » Sat Jun 15, 2013 3:43 am

Hi,

I want to see myself as a Investment banker post my MBA. I have selected colleges for applications based on rankings and am planning to apply for round1 of 2014 applications.

Now, one of my seniors tells me that there is almost no chance of shifting career from IT to Finance. I am worried. Although I am pretty sure that I shall do my best to prove myself in b school, I still am skeptical if this is made a right decision.

Please let me know the odds of getting a Finance job and if my experience is relevant.

My profile is as below:
GMAT: 660
Profession:Senior systems Eng in Infosys,
& Experience:In development&maintenance of a banking product called Finacle.
35 months (till date)
BE: 76.7% (Osmania University)
Tenth and Intermediate : 84.5% and 94.5%

Thanks in Advance!

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Source: Beat The GMAT — Ask an MBA Admissions Consultant | Sat Jun 15, 2013 3:43 am

MBAPrepAdvantage: MBA Admissions Consultant; Posts: 810; Joined: Thu Jun 16, 2011 1:12 pmFollowed by: 35 members; Thanked: 127 times

by MBAPrepAdvantage » Sat Jun 22, 2013 6:24 am

I think I might have answered this question elsewhere but your GMAT score is presently low for the top MBA schools. That said it is far easier to switch from IT to Corporate Finance then it is to switch from IT to Investment Banking because there are fewer jobs and most of the firms hire from the most selective schools. So, it is realistic for you to be able to switch into Corporate Finance (but perhaps not Investment Banking).

So do your due diligence on the each of your target schools by going to the respective Career Resources pages and finding out which firms recruit at each school, the percentage of people entering Corporate Finance, etc.

Good Luck,

Michael Cohan
MBAPrepAdvantage Founder & AIGAC Board Director
305-604-8178
www.mbaprepadvantage.com

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