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I could use some job advice

Posted on 4/16/15 at 4:16 pm
Posted by StateMan25
Member since Apr 2015
15 posts
Posted on 4/16/15 at 4:16 pm
Hey good people of the TigerDroppings Money board. Long time lurker and I created this account specifically so I could ask for some advice from the esteemed professionals on this board.

I'm 26 and currently a gov't employee making under 22k/year take home. I have a finance degree but other than a brief stint as a bank teller a couple years ago I have no experience outside of what I'm doing now which is just tax enforcement (collection). This is a dead end job. The benefits are nice but if I stay here for 30 years I'll still be making relatively the same amount.

I honestly do not know where to go from here job wise. I went to college wanting to one day be a loan officer, but, other than taking a job at a financial service company (tower loan, republic finance, etc...), I have no idea where to get the required experience. This isn't an option because my wife cannot relocate after the 1 year management training period.

Even when I do find something online that is in a business/marketing/finance field and is listed as "entry level", it still has required qualifications that I just can't meet. I feel like I'm stuck in a catch-22.

So I just need advice really on just what I should be doing. I'm open to pretty much any industry I can make a living in.
Posted by Menji
Las Vegas
Member since Jan 2009
668 posts
Posted on 4/16/15 at 4:28 pm to
What was your undergrad GPA? Are you in pretty good physical shape with no significant health problems?

You could try commissioning as a military officer (recommend Air Force or Navy for quality of life reasons).

I'm an Air Force officer (B-52s) and make ~$90k after 7 years. As a new 2nd lieutenant you make about $34k, I think. Plus....looks damned good on a resume if you decide to get out.

Let me know if you have any questions.

(Edit: You need a high bureaucracy/BS tolerance if you actually want to enjoy it.)
This post was edited on 4/16/15 at 4:33 pm
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/16/15 at 5:05 pm to
Any interest in commercial lending? If so, what area?
Posted by boosiebadazz
Member since Feb 2008
80548 posts
Posted on 4/16/15 at 5:07 pm to
quote:

Even when I do find something online that is in a business/marketing/finance field and is listed as "entry level", it still has required qualifications that I just can't meet.


Apply anyway. Worst they can say is no, or you don't hear back.
Posted by UMRealist
Member since Feb 2013
35360 posts
Posted on 4/16/15 at 10:24 pm to
I'm in a similar situation so I hope this thread produces some good results for you.
Posted by Spec1
Lost but making good time
Member since Jan 2015
1983 posts
Posted on 4/16/15 at 11:43 pm to
I feel your pain. I have a finance degree. I started at Tower Loan,and left there because of the relocation aspect of the job. Worked at a local bank and was starving! I ended up in the oilfield doing tool assembly, which was my part time job in college, and worked my way up in a couple companies. I have a good job with a oil company now.
Just find something you like to do with good people around you and you will be fine. Avoid bouncing around! Don't worry if you are not using your degree. Just learn as much as you can as fast as you can. Good luck and keep moving forward!
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17444 posts
Posted on 4/17/15 at 12:25 am to
ever thought about being a surety / bond underwriter? Serious need for talent
Posted by fillmoregandt
OTM
Member since Nov 2009
14368 posts
Posted on 4/17/15 at 10:12 am to
Where do you live?

I'd check into banking/mortgage operation centers (call centers). Pay is decent (more than you are at now) and work can suck, but it will get your foot in the finance door and build some experience in the field.

Basically the route I took. Finance degree and 4-5 yrs gaining experience in servicing/operation landed me a much better position with another smaller bank
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37309 posts
Posted on 4/17/15 at 2:10 pm to
Are the banks no longer hiring out of school?
Posted by Jabstep
Member since Jul 2014
2134 posts
Posted on 4/18/15 at 7:58 am to
I always see opportunities at banks for underwriters, it's a start that will give you experience and allow you to move on within a couple of years.
Posted by UMRealist
Member since Feb 2013
35360 posts
Posted on 4/22/15 at 1:48 pm to
any update? I'm curious to what your dad said.
Posted by jeffsdad
Member since Mar 2007
21630 posts
Posted on 4/23/15 at 7:36 am to
State- having good friends in the business is usually the best source of good jobs. People you went to college with or work with. As I have told all my kids - its not what you know, its who you know (to a reasonable extent). If you have no friends, then make them. Go back to college if needed and start over if needed. 26 is young, you don't probably think so, but it is. You got 40 more years of work ahead of u, the next 2-3 can change your future a great deal if you decide correctly.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 4/23/15 at 9:57 am to
I can use an extra hand slinging glass
Seriously, I thought having a degree in finance was good? There is no companies you can get on with, maybe not great pay, and learn? Then open up your on place or go in with someone and be a big finance guru and make people money? I realize that's easier said then done, but I really did think a degree in finance opened up a lot of doors.
This post was edited on 4/23/15 at 9:57 am
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