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Vault Message Board: Career Change

Topic Name: Getting into Investment Banking
Message Name: Might be hard
Date Posted: 07/18/2002
In Reply To: I have a BS in Computer Science but I really love Finance and want to work in some Financial Services firm crunching numbers, analyzing documents, etc -- but not programming. It's tough to get my MBA because I don't have prior experience yet, so I was thinking about getting into a Certificate Program in Finance & Investment or Investment Banking. Does anyone know if this might broaden my job opportunities or if the certificate program is a waste of time? It'll be from a top school in NYC. Thanks.
Message: NYC I-banks have been laying off like crazy, with rumors of another 15-20% reduction in total industry staffing yet to come. I'm a graduate of an ivy league b-school that historically sends many of its grads to i-banking. I would say that between 20-30% of all recent alumni (back to about 1995) are currently unemployed. Recruiting was down significantly in 2002. WHich doesn't mean it would be impossible - just that you have long odds.

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