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Changing Careers from IT to Finance and Investment
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Hedges
#1 Posted : Wednesday, August 28, 2013 8:12:53 PM
Rank: Member

Joined: 5/28/2007
Posts: 13
Hello all,

I have been in IT for about 10 years but I need to move to the next level.

I want to get into finance and investments even if it is at an entry level.

Is it possible for a stock brokerage firm employ me even if it is for a huge cut in the pay package ?
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webish
#2 Posted : Thursday, August 29, 2013 10:59:50 AM
Rank: Member

Joined: 10/19/2009
Posts: 671
Location: Nairobi
This caught my attention. 10years.. is quite a long time in this industry of ours.

Anyway.. I believe you can still get employed. If it gets too tough, you can go in as an IT consultant, or their "IT guy" (as we commonly refer to them). Once inside, you can't miss ways of getting to the right department.

Curious.. at what point did you develop this interest in Investment Finance?


Life is joy, death is peace, but the transition is very difficult.
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Hedges
#3 Posted : Thursday, August 29, 2013 1:19:20 PM
Rank: Member

Joined: 5/28/2007
Posts: 13

Yes, I realized the other day that ten is quite alot.

Well, challenge with IT is that after a certain period, you need to move to the business side of the organization. and hence the move into finance and investment.

as for interest in investment finance, my current IT consulting job entails interacting with financial institutions,so,I am inclined towards it.

If i get into the company as the IT guy, will they allow me to go to do company analysis ?

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webish
#4 Posted : Thursday, August 29, 2013 1:53:57 PM
Rank: Member

Joined: 10/19/2009
Posts: 671
Location: Nairobi
Hedges wrote:

Yes, I realized the other day that ten is quite alot.

Well, challenge with IT is that after a certain period, you need to move to the business side of the organization. and hence the move into finance and investment.

as for interest in investment finance, my current IT consulting job entails interacting with financial institutions,so,I am inclined towards it.

If i get into the company as the IT guy, will they allow me to go to do company analysis ?



Then, this wouldn't be an unbearable change.

Changing dept will depend on your efforts. If you are "pushy" type, you will succeed, otherwise, don't expect them to just accept a formal request from you that you want to change.

Go In, hang around with folks in the right dept. Know the recruiter within that dept... volunteer to do some of their work. Soon, a vacancy will always show up, which you can take up formally.

End of the day, the Value you give is what will matter. I have used that trick before, but just within IT. I got in, then slowly "forced" myself into where my heart really was within that org.

Good Luck. Hopefully, you will get even better advice from fellow Wazuans..

KR,

Life is joy, death is peace, but the transition is very difficult.
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Lolest!
#5 Posted : Thursday, August 29, 2013 6:25:32 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Someone willing to take a pay cut? That's passion! Great!! Few love what they do. They're in it for the money. Maybe you should enroll for a course in the financial sector like CFA or a Masters. Will show the would be employer that you're serious. All the best
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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Rollout
#6 Posted : Thursday, August 29, 2013 7:53:24 PM
Rank: Member

Joined: 4/26/2011
Posts: 759
Hedges wrote:
Hello all,

I have been in IT for about 10 years but I need to move to the next level.

I want to get into finance and investments even if it is at an entry level.

Is it possible for a stock brokerage firm employ me even if it is for a huge cut in the pay package ?


In develop countries, IT, engineering and even healthcare people with extensive experience would leave their career and go back for an MBA, they are always the most attractive recruits after MBA.....

What I know is, it is hard to switch departments unless you have or acquire unique expertise that can be utilized in finance and investments eg data mining, SAS or/and big data
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nakujua
#7 Posted : Thursday, August 29, 2013 9:49:25 PM
Rank: Elder

Joined: 12/17/2009
Posts: 3,583
Location: Kenya
Hedges wrote:

Yes, I realized the other day that ten is quite alot.

Well, challenge with IT is that after a certain period, you need to move to the business side of the organization. and hence the move into finance and investment.

as for interest in investment finance, my current IT consulting job entails interacting with financial institutions,so,I am inclined towards it.

If i get into the company as the IT guy, will they allow me to go to do company analysis ?


you want to move to the next level and you have no problem with an entry level position, then you mention that you are currently in IT consulting with financial institutions and yet you ask if you get into the company as the IT jama, whether you will be allowed to do company analysis ?

I don't get the challenge with IT and moving to the business side of the organization and the same equating to finance and investment.
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T-Bag
#8 Posted : Thursday, August 29, 2013 11:52:42 PM
Rank: Member

Joined: 9/25/2008
Posts: 510
hedges yu have come full cycle my friend. Doing the same too courtesy of wazua advice.

search Career Change/re-enginering in this forum

curious though about the bug that bit u, could be the same that bit me kindly share

I AM trust in GOD, I AM belief in THYSELF
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maka
#9 Posted : Saturday, August 31, 2013 3:12:32 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Hedges wrote:
Hello all,

I have been in IT for about 10 years but I need to move to the next level.

I want to get into finance and investments even if it is at an entry level.

Is it possible for a stock brokerage firm employ me even if it is for a huge cut in the pay package ?


What do you want to do in finance and investments?is it research?investment operations mainly back office stuff....write to me...altisfortis@consultant.com I can share with you some few ideas...
possunt quia posse videntur
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Am
#10 Posted : Monday, September 02, 2013 11:27:38 AM
Rank: Veteran

Joined: 2/21/2012
Posts: 1,739
maka wrote:
Hedges wrote:
Hello all,

I have been in IT for about 10 years but I need to move to the next level.

I want to get into finance and investments even if it is at an entry level.

Is it possible for a stock brokerage firm employ me even if it is for a huge cut in the pay package ?


What do you want to do in finance and investments?is it research?investment operations mainly back office stuff....write to me...altisfortis@consultant.com I can share with you some few ideas...


@Maka. You Slowly Joining the class of the Most resourceful. Continue with same Spirit Bro.
Do not be anxious about anything, but in everything, by prayer and petition, with thanksgiving, present your requests to God..
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