Monday, December 22, 2008

The job hunt

This topic is one of the most important ones for someone doing an MBA, and shame on me for not posting about it before!

I guess getting a good job is one of the main reasons to do an MBA. We all have the expectation of landing a great job in the end and most of us have the expectation of changing careers and industries and usually an MBA is a great means for doing so.
Unfortunately, the world has changed really fast. When we first started the MBA, we all were living in a different world. The economy was doing well and the expectation was we all would have jobs at the end of the MBA. As time went by, we started to realise the world was changing. We all were in the middle of a crisis with an uncertain duration and unforeseen consequences. Finding a job under these circumstances is harder. But it is even harder when you are changing industries, which is exactly most people enroll in an MBA for.

I started my job hunt around February 2008, which is rather late. I should have started before and I advise everyone to start as soon as possible. Obviously, it is hard to know what we want a month into the MBA. And I had many areas that I wanted to explore and investigate a bit more. I applied for many different things and was called for some interviews and I guess I used some interviews to practice and to know a bit more about some companies.

Job hunting can be frustrating. Sometimes we get interviews sometimes we get rejections and we don’t even know why. It is very important that you check your CV and Cover Letter with friends and colleagues so you don’t get myopic. Many times I was under the impression I had the perfect profile for a vacancy, but the ones who got called were the ones with totally unrelated backgrounds. So, sometimes it is a gamble. And we need to keep our hopes high and not give up, as it is very stressful too.

In the end, I had job offers from banks and consulting firms. Having been a consultant previously, I decided I wanted to try the banking industry. Joining a bank in a middle of a crisis is a risky move, but I thought it would be interesting to see a crisis from the inside.

So right now, I’m working in Canary Wharf, London, for one of the biggest banks in the World. I joined one of those MBA tailor made programmes which will allow me to have rotations in different functions and different countries across Europe. It sounds interesting and it has been a learning experience so far. Let’s see what the future holds!

1 comment:

Daniel said...

Hey, congrats for securing an i-bank position in this hurricane crisis. I also come from mgmt consulting, what can you tell me for someone who wants to move from consulting to i-bank ? Is it too difficult or recruiters value skills of mgmt consulting ? Tks btw