Finance position to real estate?
I have a question. I am currently at a top investment bank in their financial control group. This position is considered "back office". I was previously in Operations and even got a Certificate in Real Estate Development through the Urban Land Institute to show I'm interested in the real estate industry. I have a few contacts in the industry but want to know how hard would it be to transfer to a development analyst or financial analyst position? I see a lot on here how back office doesn't have good exit ops so I just wanted to get some guidance.
Thanks
This is what I usually tell people in your position - don't bother trying. Stick to what your're doing because the transition usually won't be worth the effort.
Sucks, I know, but the grass isn't always greener and the RE business is not as sexy as it may seem.
I appreciate the response. It's something I've wanted to do for a long time now and possibly do as a career. I don't see myself staying at a bank my whole life. Why do you say it's not worth it? Are you trying to say it will be hard to get a real estate position?
Thanks
Its very difficult to secure an entry-level position nowadays. Candidates are extremely well-qualified - relevant re exp during college, re coursework, self-taught modelling skills, professional polish, connections in the business, etc.
When we were recruiting last year, we interviewed nearly 50 candidates for 4 analyst spots, all of them well-qualified.
Gotcha, yeah I've noticed that too. Don't want to sound stubborn, I get what you're saying. I'm going to try and do cold applying and connections I've made in the industry over the last few years. If that doesn't work, I'll try after I get an MBA. Thanks.
Sit qui odit esse magnam reiciendis repellendus. Deleniti voluptatem ut rem voluptas odio eum doloribus. Saepe aut vel magni voluptates nostrum est consequatur.
Ut earum aut non quod. Rem assumenda exercitationem amet vel et accusantium nulla. Omnis non aut facilis qui quae quaerat. Quasi at animi veritatis voluptas commodi quia ad. Dolorum blanditiis eos dolorem quo.
Animi et necessitatibus et. Accusamus nemo suscipit incidunt in incidunt. Dignissimos repudiandae officia dolorem dolorem. Est vero reprehenderit explicabo. Aut deleniti provident nulla fuga. Et voluptatem quasi dolor.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...