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koolx
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50 Years Old - Am I Too Old to Start Career? 28 Jul 2020, 10:39
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Hi everyone.. I'm currently 50 but young looking. I graduated with a BBA in '03 and have 3 years financial work experience. It isnt much for that long a period of time due to my criminal record which finance companies used to discriminate against me. That has kept me from very good jobs since graduation.

Presently I am thinking about taking the GMAT to reset me on a career path. My strategy is to get get an MBA. While in school I plan to take an internship which will give me some experience and stick my foot in the door of a finance company. The only thing which may be a problem is my criminal record which is misdemeanor not felony record with offenses going back to 1999, more than 20 years ago.

Let me know if you think this is a feasible decision.
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50 Years Old - Am I Too Old to Start Career? 28 Jul 2020, 10:51
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A lot of articles written by admission experts might help you to make a decision.I'm giving a link here:
https://www.aringo.com/mba-over-30/#:~: ... candidates.
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50 Years Old - Am I Too Old to Start Career? 28 Jul 2020, 11:00
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Hi koolx.

No age is too old to start. Your decision to take the GMAT is the first step. Rest steps would eventually happen.

As per your past records, it might be difficult but no one can change the past.

Hope this helps!

P.S. : Please read how KFC was founded. It'll help. :)
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50 Years Old - Am I Too Old to Start Career? 04 Aug 2020, 09:01
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Hi everyone.. I'm currently 50 but young looking. I graduated with a BBA in '03 and have 3 years financial work experience. It isnt much for that long a period of time due to my criminal record which finance companies used to discriminate against me. That has kept me from very good jobs since graduation.

Presently I am thinking about taking the GMAT to reset me on a career path. My strategy is to get get an MBA. While in school I plan to take an internship which will give me some experience and stick my foot in the door of a finance company. The only thing which may be a problem is my criminal record which is misdemeanor not felony record with offenses going back to 1999, more than 20 years ago.

Let me know if you think this is a feasible decision.
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Hi, There is no age to restart our journey. If you are explain properly about your past in the admission essays, I don't think your past wouldn't be an obstacle for admission. All the best for your GMAT.
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50 Years Old - Am I Too Old to Start Career? 04 Aug 2020, 10:13
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koolx
Hi everyone.. I'm currently 50 but young looking. I graduated with a BBA in '03 and have 3 years financial work experience. It isnt much for that long a period of time due to my criminal record which finance companies used to discriminate against me. That has kept me from very good jobs since graduation.

Presently I am thinking about taking the GMAT to reset me on a career path. My strategy is to get get an MBA. While in school I plan to take an internship which will give me some experience and stick my foot in the door of a finance company. The only thing which may be a problem is my criminal record which is misdemeanor not felony record with offenses going back to 1999, more than 20 years ago.

Let me know if you think this is a feasible decision.

Hi, There is no age to restart our journey. If you are explain properly about your past in the admission essays, I don't think your past wouldn't be an obstacle for admission. All the best for your GMAT.
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You dont understand my post. I'm not worried about the gmat or admissions essay. I'm worried about my age being a potential factor in being hired in teh finance industry.
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50 Years Old - Am I Too Old to Start Career? 04 Aug 2020, 10:19
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Hi and welcome to GMAT Club.

I’m sorry to hear about your issues with the misdemeanor. United States is really unfriendly towards anyone who makes a misstep. My understanding is that after sometime your misdemeanor sort of loses its potency and I think it’s only eight or 10 years? I haven’t done enough research so as long as that is not an issue, you can consider pursuing your career dreams.

However the tricky part about your situation is that NBA is a financial investment and it may take a little while to recoup. I’m not sure it makes sense to get one when you’re 50 or 52 especially if you have to borrow money. I would highly recommend looking at other options of getting into the finance industry and leveraging your network.... I just don’t want you to be borrowing hundreds of thousands of dollars.

The NBA experience is usually more pivoted towards 27-year-olds, at least the full-time program and so you won’t fit the mold for anyone who is thinking they’re hiring a recent MBA grad... the 35-year-old Who will be the hiring manager will be so much surprised to see someone meaningfully older and more experienced than him or her. What I’m saying is that you have a few headwinds due to age.

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50 Years Old - Am I Too Old to Start Career? 04 Aug 2020, 10:39
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Hi and welcome to GMAT Club.

I’m sorry to hear about your issues with the misdemeanor. United States is really unfriendly towards anyone who makes a misstep. My understanding is that after sometime your misdemeanor sort of loses its potency and I think it’s only eight or 10 years? I haven’t done enough research so as long as that is not an issue, you can consider pursuing your career dreams.

However the tricky part about your situation is that NBA is a financial investment and it may take a little while to recoup. I’m not sure it makes sense to get one when you’re 50 or 52 especially if you have to borrow money. I would highly recommend looking at other options of getting into the finance industry and leveraging your network.... I just don’t want you to be borrowing hundreds of thousands of dollars.

The NBA experience is usually more pivoted towards 27-year-olds, at least the full-time program and so you won’t fit the mold for anyone who is thinking they’re hiring a recent MBA grad... the 35-year-old Who will be the hiring manager will be so much surprised to see someone meaningfully older and more experienced than him or her. What I’m saying is that you have a few headwinds due to age.

Posted from my mobile device
Show more

Yes I agree USA is not a fair friendly place for those looking for a 2nd chance.

No, in NY records can never be expunged unfortunately, theyre with you for life unless the law is changes in my favor.

The reason I want to get an MBA apart from achieving an additional degree is to get badly needed work experience in finance through internships which I lack due to my record. What do you recommend i light of this?

You mentioned ways to get into finance and leveraging my network that I presume entails resources like linkedin. How do you recommend I go about that through linkedin?


.
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50 Years Old - Am I Too Old to Start Career? 13 Aug 2020, 09:01
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koolx
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Hi and welcome to GMAT Club.

I’m sorry to hear about your issues with the misdemeanor. United States is really unfriendly towards anyone who makes a misstep. My understanding is that after sometime your misdemeanor sort of loses its potency and I think it’s only eight or 10 years? I haven’t done enough research so as long as that is not an issue, you can consider pursuing your career dreams.

However the tricky part about your situation is that NBA is a financial investment and it may take a little while to recoup. I’m not sure it makes sense to get one when you’re 50 or 52 especially if you have to borrow money. I would highly recommend looking at other options of getting into the finance industry and leveraging your network.... I just don’t want you to be borrowing hundreds of thousands of dollars.

The NBA experience is usually more pivoted towards 27-year-olds, at least the full-time program and so you won’t fit the mold for anyone who is thinking they’re hiring a recent MBA grad... the 35-year-old Who will be the hiring manager will be so much surprised to see someone meaningfully older and more experienced than him or her. What I’m saying is that you have a few headwinds due to age.

Posted from my mobile device

Yes I agree USA is not a fair friendly place for those looking for a 2nd chance.

No, in NY records can never be expunged unfortunately, theyre with you for life unless the law is changes in my favor.

The reason I want to get an MBA apart from achieving an additional degree is to get badly needed work experience in finance through internships which I lack due to my record. What do you recommend i light of this?

You mentioned ways to get into finance and leveraging my network that I presume entails resources like linkedin. How do you recommend I go about that through linkedin?
.
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Hi. Sorry for a very late reply.
My suggestion would be to get focused and to leverage your immediate network (e.g. friends, family, etc). Tell them or ask your family/spouse to tell your circle that you are looking to gain experience in Finance, primarily working as a "Fill in the blank here". The more precise and specific you can get, the better because that is more likely to trigger people's minds vs. something that is vague or desperate. Having a specific goal shows purpose.

The reason I am suggesting this is that while MBA does have on campus opportunities, many of the best internships people have found on their own using networking, applying for internships and other ways that do not involve on campus recruitng. Only the top 10 schools really are able to deliver strong on campus recruiting.... I just t hink there has to be an easier way than going through an MBA...
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50 Years Old - Am I Too Old to Start Career? 13 Aug 2020, 10:59
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koolx
bb
Hi and welcome to GMAT Club.

I’m sorry to hear about your issues with the misdemeanor. United States is really unfriendly towards anyone who makes a misstep. My understanding is that after sometime your misdemeanor sort of loses its potency and I think it’s only eight or 10 years? I haven’t done enough research so as long as that is not an issue, you can consider pursuing your career dreams.

However the tricky part about your situation is that NBA is a financial investment and it may take a little while to recoup. I’m not sure it makes sense to get one when you’re 50 or 52 especially if you have to borrow money. I would highly recommend looking at other options of getting into the finance industry and leveraging your network.... I just don’t want you to be borrowing hundreds of thousands of dollars.

The NBA experience is usually more pivoted towards 27-year-olds, at least the full-time program and so you won’t fit the mold for anyone who is thinking they’re hiring a recent MBA grad... the 35-year-old Who will be the hiring manager will be so much surprised to see someone meaningfully older and more experienced than him or her. What I’m saying is that you have a few headwinds due to age.

Posted from my mobile device

Yes I agree USA is not a fair friendly place for those looking for a 2nd chance.

No, in NY records can never be expunged unfortunately, theyre with you for life unless the law is changes in my favor.

The reason I want to get an MBA apart from achieving an additional degree is to get badly needed work experience in finance through internships which I lack due to my record. What do you recommend i light of this?

You mentioned ways to get into finance and leveraging my network that I presume entails resources like linkedin. How do you recommend I go about that through linkedin?
.

The reason I am suggesting this is that while MBA does have on campus opportunities, many of the best internships people have found on their own using networking, applying for internships and other ways that do not involve on campus recruitng. Only the top 10 schools really are able to deliver strong on campus recruiting.... I just think there has to be an easier way than going through an MBA...
Show more

Are you saying I can actually get into an internship without attending school for an MBA? Is that possible? If thats true why do many finance job ads that solicit interns require that you be in school while interning?
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50 Years Old - Am I Too Old to Start Career? 13 Aug 2020, 16:42
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koolx


Are you saying I can actually get into an internship without attending school for an MBA? Is that possible? If thats true why do many finance job ads that solicit interns require that you be in school while interning?
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What I am saying is that being 50 you have about equal chances of getting an internship while being enrolled in a program. Surely being a part of an MBA program, gives more legitimacy and fewer questions but you will attract attention and questions being a fairly non-standard applicant. The only reason companies have internships and interns is to vet people before hiring them. Getting rid of folks is hard and this is a test-drive opportunity for them. Right now in the current labor/economy environment, hiring is tight and not sure anyone wants to be test driving anyone....

What I am suggesting is that you find an internship through friends/family/network of folks. At this point in time, there are no longer official internships since those (esp. MBA ones) are in the summer and this summer, internships either were a mess, canceled, or moved to next year. Few companies are worrying about internship programs at this time. Banks are cutting people (many branches are closed too). There are also forums like the wallstreetoasis which I am sure you are familiar with, which is dedicated to finance and likely be of help to also engage there and see if you can get someone to refer you and perhaps get you started even from home and even now potentially. You just want to be specific and show determination.
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50 Years Old - Am I Too Old to Start Career? 18 Aug 2020, 10:44
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koolx


Are you saying I can actually get into an internship without attending school for an MBA? Is that possible? If thats true why do many finance job ads that solicit interns require that you be in school while interning?

What I am saying is that being 50 you have about equal chances of getting an internship while being enrolled in a program. Surely being a part of an MBA program, gives more legitimacy and fewer questions but you will attract attention and questions being a fairly non-standard applicant. The only reason companies have internships and interns is to vet people before hiring them. Getting rid of folks is hard and this is a test-drive opportunity for them. Right now in the current labor/economy environment, hiring is tight and not sure anyone wants to be test driving anyone....

What I am suggesting is that you find an internship through friends/family/network of folks. At this point in time, there are no longer official internships since those (esp. MBA ones) are in the summer and this summer, internships either were a mess, canceled, or moved to next year. Few companies are worrying about internship programs at this time. Banks are cutting people (many branches are closed too). There are also forums like the wallstreetoasis which I am sure you are familiar with, which is dedicated to finance and likely be of help to also engage there and see if you can get someone to refer you and perhaps get you started even from home and even now potentially. You just want to be specific and show determination.
Show more

Understood. Would you please help me on how to effectively network through linkedin? In the past I've tried with little success but I'm sure many are now flooding many key folks there for a jobs/internships. Would appreciate it.
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50 Years Old - Am I Too Old to Start Career? 18 Aug 2020, 10:50
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I am no LinkedIn expert but I would assume that focusing on quality than quantity is the best strategy. E.g. research a person and company and show in the message that you did your homework and that you are real deal rather than just a blanket message that could be sent to anyone. A person would feel compelled to respond if they realize it was written specifically for them.
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50 Years Old - Am I Too Old to Start Career? 18 Aug 2020, 11:55
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I am no LinkedIn expert but I would assume that focusing on quality than quantity is the best strategy. E.g. research a person and company and show in the message that you did your homework and that you are real deal rather than just a blanket message that could be sent to anyone. A person would feel compelled to respond if they realize it was written specifically for them.
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Appreciate that, thanks. Last question, do you know of any good fiance/commercial banking certificate courses I can enroll in with live instructors either in a real class or in virtual classes?
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50 Years Old - Am I Too Old to Start Career? 28 Sep 2020, 22:51
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Don't get hesitated to start a new carrier it doesn't matter you are 50 or even 60 year old . If you willingly start new work. it may be you can be very successful after when you start your new carrier. even there are many stories you can find on google they start their carrier at the age of 50 or above and they are very sucessful now.
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50 Years Old - Am I Too Old to Start Career? 13 Oct 2020, 11:56
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koolx
I'm currently 50
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Never too late to learn, never too late to change, never too late to start again. good luck!