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re: Need some advice on a career change

Posted on 12/6/12 at 3:42 pm to
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 12/6/12 at 3:42 pm to
quote:

Do you want an analyst-type position?


I would probably be interested in something along those lines.

I guess a good way to sum up my concern is this. After two years and a good chunk of money, I do not feel like I have accomplished anything with my current career. At the risk of sounding like a tool, I feel like I have the intellectual power to do so much more than is currently required or ever would be required in my current path.

I have a good gig, I know that, but I also believe in striking while the iron is hot. To some extent, I feel like if I change things up and fail, at the very least I could satisfy my feelings that I am doing too little with what talents I believe I have. :idk:
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/6/12 at 3:44 pm to
Get an MBA then a CFA and work your way in to being a portfolio manager? If I was young, smart and ambitious that is what I would do.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 12/6/12 at 5:00 pm to
I like where your head is at. Don't just sit around and work a job that you don't like just because it pays well.

I can sort of help you out if you are considering PETE. Yoh have to be willing to be somewhat limited on where you can live. 90% of all roads lead to Houston. The other roads lead to Dallas, Denver, midland, Pittsburg, Calgary, Bakersfield. There are chances to travel the world, but you have to be open to Houston.

If you decide to go back, plan ahead. Not really school work wise; I mean work as hard as you possibly can on finding summer intern work with an operator the summer after your first year. Start interviewing the fall semester. This is make-or-break for petroleum engineering.

I think it's great to consider a career change. You are young and have money, and can afford it. Take your time, apply to schools, and see if they can help with funding. If not, I would go the in state route or else you will pay 20 grand plus a year for tuition.

Pete jobs probably won't land you 275k in 10 years (might be wrong) but you could be at 150 after 5 fairly easily.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 12/6/12 at 6:39 pm to
quote:

quote:
Do you want an analyst-type position?


I would probably be interested in something along those lines.


quote:

I feel like I have the intellectual power to do so much more than is currently required or ever would be required in my current path.


Then I have a couple of suggestions for you.

First, if you are making $85K I'd think long and hard about going to grad school unless it's a night/weekend "executive" program. That might be right up your alley. The cost of going full-time for two years is basically prohibitive.

A possibility to consider is some of the executive ed programs done (mostly) remotely. For example, Harvard has some certificate programs where you only need to be there for a semester. There's a purely online offering in quantitative finance out there that advertises in the Economist from time to time. Economist has lots of executive ed ads, you may want to buy an issue and check some of them out. Keep in mind that a "certificate" from MIT that involves 5-10 courses may serve your purpose as well as a master's.

But whatever you do, consider of course how to leverage it and transition into something that makes more money. A lot of people go into grad school as a way to "find themselves" and that is generally a waste of time. If you go in with a specific purpose you can probably leverage your sales experience when you get out and do pretty well.

Without knowing anything else about you I think you are well-suited to do the executive ed certificate route if you position yourself in front of other employers. Retail sales is admittedly boring.
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