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Profile Evaluation + Career change. Advice please?

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Intern
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Joined: 30 Apr 2018
Posts: 2
Profile Evaluation + Career change. Advice please?  [#permalink]

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New post 08 May 2018, 14:40
1
Hi guys/girls,

Bit of background:
College: Griffith Uni (Queensland Australia)
Bachelors: Finance
GPA: 3.2
Age: 32
Work History:
Grew up in South Africa. Studied Bcomm Finance in Australia. Started working at BHP Billiton (mining sector) in management accounting/analyst role for 2 yrs. Moved to New Zealand into a business analyst role (construction industry) where I've been for the last 5 yrs. My current role includes a mix of feasibility studies using financial modelling, cost accounting, and some forecasting and budgeting.

Looking at doing an MBA in 2019 to make a transition into an industry/company I am more passionate about. These include sports/health industries (think cycling company or health food company). Feel like this is a good time to make a change as I don't have a mortgage or family yet. Also, I don't want to pursue a career in accounting.

Considering Cape Town (South Africa) as the cost of full-time MBA and living costs are a lot lower. UCT was top 70 school on ft top 100 until last year. Not sure how employable that makes me internationally though.

So I guess my questions are:
Will an MBA allow me to more easily jump into one of those industries?
Is it vital that I do an MBA at a prestigious school or could one in SA still provide me ample competitiveness/opportunities?

Thanks for your time,
Francois
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Joined: 31 Aug 2017
Posts: 6
GMAT 1: 510 Q48 V15
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Re: Profile Evaluation + Career change. Advice please?  [#permalink]

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New post 08 May 2018, 15:17
ft27 wrote:
Hi guys/girls,

Bit of background:
College: Griffith Uni (Queensland Australia)
Bachelors: Finance
GPA: 3.2
Age: 32
Work History:
Grew up in South Africa. Studied Bcomm Finance in Australia. Started working at BHP Billiton (mining sector) in management accounting/analyst role for 2 yrs. Moved to New Zealand into a business analyst role (construction industry) where I've been for the last 5 yrs. My current role includes a mix of feasibility studies using financial modelling, cost accounting, and some forecasting and budgeting.

Looking at doing an MBA in 2019 to make a transition into an industry/company I am more passionate about. These include sports/health industries (think cycling company or health food company). Feel like this is a good time to make a change as I don't have a mortgage or family yet. Also, I don't want to pursue a career in accounting.

Considering Cape Town (South Africa) as the cost of full-time MBA and living costs are a lot lower. UCT was top 70 school on ft top 100 until last year. Not sure how employable that makes me internationally though.

So I guess my questions are:
Will an MBA allow me to more easily jump into one of those industries?
Is it vital that I do an MBA at a prestigious school or could one in SA still provide me ample competitiveness/opportunities?

Thanks for your time,
Francois


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Joined: 16 Jan 2012
Posts: 1487
Profile Evaluation + Career change. Advice please?  [#permalink]

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New post 13 May 2018, 23:43
Hi FT,

Answering your questions :
"Will an MBA allow me to more easily jump into one of those industries?"

Career changes are possible and doing an MBA is a proven method of pivoting a career change. So you are on the right track here. That said, you will need to align your present strengths and capabilities with the skills needed in your future jobs/roles and present a solid case that you will easily make the transition.

Also, a powerful tool for a job change, before or after MBA, is networking. You will have to network with your target industries and build connections that will help in securing jobs.


"Is it vital that I do an MBA at a prestigious school or could one in SA still provide me ample competitiveness/opportunities?"

I'd replace the word "prestigious" with "international". Your SA b-school could be highly prestigious and may provide you ample opportunities, but may not give you an international experience.

If you wish to work abroad, atleast for a few years after MBA, you should do the MBA in the region where you will work post MBA (say the European region or a specific country in Europe). Your network in South Africa, although valuable, may have limited access to companies abroad.

You may also want to do an MBA abroad just for the international experience, the chance to step out of your comfort zone and to learn in a more international surrounding. The option of going back to your country a few years later will always be open.
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Profile Evaluation + Career change. Advice please? &nbs [#permalink] 13 May 2018, 23:43
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