I obtained my M.B.A. in Finance just over 2 years ago from a lesser known university, and when I was younger, I thought banking and finance were similar professions, so I got an entry-level position as a teller at Wells Fargo.
I now work for a credit union as a loan underwriter, and I love my job; however, my upward mobility is limited as an underwriter, and my salary is capped around $50k, unless I get into mortgage underwriting, which is not something I want to do.
My original goal was to become a financial analyst, but I don't feel my college adequately prepared me for that position. They didn't give me any training in excel (which I can easily learn), which is an important tool in the industry.
I have applied for financial analyst positions in the past, but they don't like that I have an MBA and no prior experience in accounting.
I went to private universities, and racked up $100k in student loan debt (I know, it was a very stupid mistake of mine), and feel that I am wasting my potential in my current job, since it doesn't require a college degree, and I make $18.50 an hour.
So I guess my question is, if you were in this position at a job you love but feel you are wasting your potential and have limited upward mobility, would you make the career change? If it helps any, I'm 26 years old.2 AnswersFinancial Services5 years ago