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David

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  • Career in Finance question.?

    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