Software To Finance Career Change

By rsadda rsadda Points: 40 | Level: Starter | Status: [Member]
Posted on: 11/14/2010 3:47:56 PM | Views: 3252 | Points: 30
Hi, I have recently completed my MBA finance in 2010. i have already have 5 years of experience in Java - software domain. Due to few personal interest, i did my MBA in Finance. now i am confused to step forward. Please guide me which is the suitable job where i can utilize my both expertises.

Sainath's Advice on Monday, November 29, 2010 :
Hi Ramesh,

While choosing a long-term career option, you need to make sure of the below points:

  • You really like the field
  • You have the aptitude required to excel in the field
  • Finally, you have a passion for working in the field - usually, you will observe that people who have risen to the top in any field have a high degree of passion for the work they do. They would actually do it for free - and consequently they rise to the top automatically.

After 5 years of working in Java if you have come to the conclusion that you don't like it, probably software is not the right area for you. I would suggest  that you ask yourself the above questions and do some introspection - and then work out what supporting skills, degrees, etc are required.

"Begin with the end in mind."
       - Stephen Covey

Financial software has always been a good area to operate in - and is not greatly impacted by economic downturns. Most of the financial institutions are powered by high quality software, and the trend continues. If you are looking to completely move out of the SDLC, you could consider roles like:

  • Sales - your fundamental understanding of SDLC and the financial domain will help you here. Again, sales is not suited to everyone.
  • ERP - a lot of finance experts zero in on SAP,etc
  • Customer Engagement - a bigger role than sales, with greater responsibilities inclusive of the software delivery,etc. But this is more customer facing and less of direct involvement in the SDLC

Sainath Sherigar

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