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Where to go after 2 years?

 
#1 Where to go after 2 years?
05/04/2007 09:00

Anal-ist

Most people leave their grad jobs after the 2 years is up but i'm keen to ind out the options at that point and would welcome opinions on the following:

-Contracting - how much experience would you need to do this and how much would you expect to make (i suspect a lot more than 2 years!)

- Jump ship to another firm - what's the going rate for a consultant after a couple of years at Acn,Deloitte etc.?

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#2 RE: Where to go after 2 years?
05/04/2007 09:19

Jen to Anal-ist (#1)

I'm in the same boat. I've 3 years experience and am totally fed up of my current employer.

I'm tired of the travelling and want to be London based. Problem is, my role is in a very specialist industry and my technical skills won't be very applicable elsewhere.

I'm thinking of applying to accountancy or banking. I have very good academics and extracurricular but I'd have to start as a grad again, this would undoubtedly involve a pay cut and at 27 I think I might be getting a bit old for a change.

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#3 RE: Where to go after 2 years?
05/04/2007 09:51

anal-ist to Jen (#2)

Depends, if you got into IB or something after bonus you'd probably be on the same or more than you are now.

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#4 RE: Where to go after 2 years?
05/04/2007 10:10

Jen to anal-ist (#3)

True. I'm not sure though that they'd want to take on an experienced consultant into their grad scheme. Does anyone know of someone who has made a similar change?

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#5 RE: Where to go after 2 years?
05/04/2007 21:35

anon to Jen (#4)

It's good to know that I'm not the only one in this position.

I'm thinking that if you are thinking of doing a Masters anyway, this is a good opportunity to do a course relevant to the area you want to switch into. Thereafter you can apply to graduate schemes. I do recall from the assessment centres I went to (both for consulting and industry jobs) that there were a fair number of career-changers there, so having a few years experience isn't a complete barrier to getting into a graduate scheme.

I have thought about switching in as an experienced hire, but for a lot of these roles in accounting and banking I wouldn't be comfortable without the experience and qualifications that you pick on the graduate scheme. I also know people who've made that move and feel isolated without the network you get as part of a big intake.

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#6 RE: Where to go after 2 years?
07/04/2007 14:06

Anon to anon (#5)

I am thinking of doing the same as anon above - I have been in a grad scheme for 2 years and would like to go for a Master (but I would rather work for another year or so and save some money).

Where I come from (France) 3 years of work experience in between the Bachlor and the Master seem a bit long but is it ok in England? Will employers mark this positively, negatilely or don't care? and is it worth it?

Cheers

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#7 RE: Where to go after 2 years?
07/04/2007 22:10

Ben to Anon (#6)

It is okay in the UK as most people don't do the Masters degree directly as an undergraduate.

Postgraduate Masters are quite expensive so people often come back and do them after a few years when they have saved up the money. Others do them after a few years when they have become more amenable to the idea of yet another year's studying.

One instance where 3 years between Bachelors and Masters degrees would not be long enough (rather than too long) is for a Masters in Business Administration (MBA).

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