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20 May 2011, 08:27
Kudos
Bookmarks
Hey guys,
Below is my profile:
--Bachelors of engineering in Computer Science-India.
--5+ years of work experience in IT field with a top IT service provider in Asia.
--3 years of work experience in US with a World renowned bank. Worked for the Bank's IT dept as a Programmer Analyst & Technical Lead for various projects.
I am determined to get my MBA now-the question which has been lingering for quite some time is--
should I get an MBA in Systems or an MBA in finance ?
I do not have an iota of experience in finance but I am very good in quant. Quant has been my passion through out my life and I would really want to pursue my career in quant. Considering my profile, career graph and keeping in mind that I want to go for an executive MBA, it seems impossible that I can get into MBA in finance.
Also, through my research I came to know that EMBA is not for the people who are looking to shift their career.
Should I just compromise and go ahead with Systems/IT ? Do I have any chance to get into Finance now or is it too late ?
Below is my profile:
--Bachelors of engineering in Computer Science-India.
--5+ years of work experience in IT field with a top IT service provider in Asia.
--3 years of work experience in US with a World renowned bank. Worked for the Bank's IT dept as a Programmer Analyst & Technical Lead for various projects.
I am determined to get my MBA now-the question which has been lingering for quite some time is--
should I get an MBA in Systems or an MBA in finance ?
I do not have an iota of experience in finance but I am very good in quant. Quant has been my passion through out my life and I would really want to pursue my career in quant. Considering my profile, career graph and keeping in mind that I want to go for an executive MBA, it seems impossible that I can get into MBA in finance.
Also, through my research I came to know that EMBA is not for the people who are looking to shift their career.
Should I just compromise and go ahead with Systems/IT ? Do I have any chance to get into Finance now or is it too late ?
20 May 2011, 14:25
Kudos
Bookmarks
With a profile and passion similar to yours, let me share what i know.
It is NOT uncommon to change careers after 5 years via MBA. By EMBA, i assume you are referring to all 1 year programs. There are one year programs that can help you change careers. But if your target job doesnt value your 5 year experience, you will have to start from the bottom- something to seriously think about.
A few of my friends switched from IT to corporate finance and they tell me that it's quiet a big shift and they couldn't leverage their IT skills in their finance career. However, your experience could be different from theirs. I suggest you find your area of interest in finance such as corporate finance, Investment banking or risk management and identify transferable skills you think you posses. If your transferable skills are too less to get an acceptable position in your target area, then may be switch is not worth. You can do an MBA in IT systems and target positions that involve a good deal of quant.
It is NOT uncommon to change careers after 5 years via MBA. By EMBA, i assume you are referring to all 1 year programs. There are one year programs that can help you change careers. But if your target job doesnt value your 5 year experience, you will have to start from the bottom- something to seriously think about.
A few of my friends switched from IT to corporate finance and they tell me that it's quiet a big shift and they couldn't leverage their IT skills in their finance career. However, your experience could be different from theirs. I suggest you find your area of interest in finance such as corporate finance, Investment banking or risk management and identify transferable skills you think you posses. If your transferable skills are too less to get an acceptable position in your target area, then may be switch is not worth. You can do an MBA in IT systems and target positions that involve a good deal of quant.
20 May 2011, 22:47
Kudos
Bookmarks
soaringAlone
Thank you very much for suggestions. Would you shed some light on target positions in IT that involve good deal of quant ?
but i dont have direct information for you. But quant is a generic skill and is widely used post MBA. I dont mean to say that there are positions in IT (i dont know) that involve as as much quant as finance jobs do. I was just stating the next best thing when you cant move out of IT. 
