|
Women In Consulting

Hi ladies, looking for some life and career advice. My husband recently got laid off. He has an MBA from a top school but a somewhat weird resume and was in a shrinking industry. (Cont)

Arrow Icon
Posting as :
works at

If you’re in consulting and plan to have two littles this may be a good time for him to transition into being a primary caregiver with scaled back career. May be a hard sell for him at the moment but something to consider

like
Arrow Icon

Thanks. I’ve thought about that. I think that would really devastate him. He’s put a lot of effort into his career and he’s so smart and motivated. I don’t think he’ll get a much satisfaction from that (and tbh neither would I, so it’s not a m/f thing at all)

like
Arrow Icon

I think it’s just because it’s a scary time for you right now. Ivy League would jump out at me. Journalism background shows good questioning, critical thinking, analyzing and communication skills. I think it would be self- defeating for him to stay home if he equates his identity to career. Don’t recommend it unless he suggests it. You may start resenting each other. MBA - business management, finance skills. Has he thought about joining a startup? Or a VC/ private equity firm?

like
Arrow Icon

He’s looked into VC/PE, super competitive and they’re looking for guys with like Goldman on their resume. The startup thing is interesting though... Thanks for the encouragement! He’s been so down lately and I don’t know how to help him. He’s so smart and hard working and just like such a good person, it feels so unfair. I know not everything is fair but it still hurts.

like
Arrow Icon

Sorry not a helpful response but over the past few weeks I’ve seen many of these types of posts in this bowl...but have never in my life seen any posts from husbands asking how they can support wives through job loss :(

like
Arrow Icon

Interesting. Why do you think that is?

Arrow Icon

My husband has lost his job in academia at 44 and is now career changing to a more applied field in health sciences. It entails taking a step back, going back to school to get relevant certifications to be able to use his prior experience (he was doing cutting edge fundamental research) into a hospital setting, the whole nine yards. There is a lot of uncertainty still ahead of him (depending if he gets into his program of choice or not). But if you think that he has at least 20 years of work ahead of him, it is worth it. My role in all of it is to be supportive, calm him down in key moments, help him prep, and pay the bills while he is figuring it all out.

like
Arrow Icon

He’s also 37 so not a young cheap hire by any means. There’s a good chance he’ll need to start over in a new career. Has anyone done this at a later stage in their career? It feels so daunting and he also struggles with depression (it’s managed right now) so I’m worried things will spiral. He’s very career oriented and I think derives a lot of his self worth from his career. On top of that, we have a toddler and are trying to get pregnant with a second (I’m 36 so no way to delay that by much). I feel like this is a perfect storm type of situation and would appreciate any advice from this bowl! TIA ladies!

like
Arrow Icon

37 isn’t old at all. What industry? What are his skills - what is he best at?

like
Arrow Icon

He was a hedge fund analyst at an active fund, basically all the money is moving to passive management and the only people getting hired are recent MBAs or 23 year olds. He was a journalist pre-MBA so has strong qual background and good quant skills. Ivy League undergrad and MBA. He seems very employable on paper but as no big names on his resume or any significant experience in one industry. Like I can say I’ve worked in healthcare consulting for a long time, but his resume jumps around so much it seems like he’s under qualified for a bunch of stuff and overqualified for other things? Maybe I’m being overly pessimistic...

Arrow Icon

Keep being supportive - give him lots of hugs. Life is one hell of a continual roller coaster for us all and job searches suck. Just keep reminding each other you are in it together. :-) Not sure what geo you live in - but he could do a Google search on the local business/ technology incubators - usually at tech schools. He’ll find out some of the newest tech startups. I know ATL but that may not help...

like
Arrow Icon

...you could also use your network to intro him into consulting/ the firms

like
Arrow Icon

It will burn a ton of shoe leather but there are smaller funds with the odd opening here and there if he’s keen to stay in the industry. Network like crazy and check in with ALL the MBA classmates. People get fired from buy side jobs semi regularly - its a musical chairs game to an extent. Agree VC and PE are too rigid in what they look for for someone with his background. But a small fund should be willing to consider if he can find one with an opening

like
Arrow Icon

I suggest a head hunter. They are hugely helpful.

like
Arrow Icon

My husband went through the same thing around the same ages of 37-41 after the birth of our second child, in spite of a top notch MBA and great work experience. What helped him was his network and previous colleagues and friends who referred him to independent consulting stints as well as provided references for great job positions. He is doing very well now, happy doing what he loves to do and is very good at. So don’t worry it will work out as long as he keeps on trying and does not fall into self pity. I would say be supportive but also be tough if he slackens in his efforts. Keep on supporting and egging him on.

like
Arrow Icon

Consulting in investment management sector could be a good fit, for example with an analytics focus. You could refer him if your company has an IM area.

Arrow Icon

What about brokerage firms and banks? I’m a quant with a stats masters that just joined a brokerage firm , but there are a lot of analytics jobs here that require less coding.

Arrow Icon

Thank you all for the ideas and support!

Arrow Icon

Related Posts

What's the best Exec MBA program that's online/travel to the school occasionally? I'm a manger wanting to get my MBA and like a solid school.

like
Arrow Icon

I only heard about MBA coaches after joining this bowl. Is this a common thing? How do they help and how much do they cost?

like
Arrow Icon

Do you think it is quite possible to get fired by asking too many questions as an experienced senior 1? If so, i might get fired after this busy season.

funnylike
Arrow Icon

Looking for some advice on an exit opportunity - Current role - 1 year post-MBA at a T2 strategy firm making $148 Potential role - senior level role at a small healthcare company at $265 + equity Seems like a slam dunk, but is moving to a company that isn’t well known going to harm me in the long run? Should I wait for a F500 role that is lower title / comp but better name recognition? Should I wait until I’m manager? Having a hard time with this from a long term view vs short term

like
Arrow Icon

Does anyone know anyone in the Cornell one tech mba? If Faang type companies don’t work out, do you think it’d still be possible to get into ib or mbb with this degree? Also, what are some other....

like
Arrow Icon

PwC user, We've steadfastly refused to disclose details of our firm, and I think we'll hold fast to that rule here. On the path to Partner side: I joined from undergrad and avoided an MBA. Overall I think it was a combination of luck and skill that "got me there."

like
Arrow Icon

Currently at MBB (post mba) with an offer in FAANG in fin ops (170k) and in a PE backed company (210k) in their transformation office. Which to take? What kind of exits are there in transformation?

likehelpful
Arrow Icon

Got laid off today, on visa status. Wondering what options are and what do I tell places I am interviewing at ?

like
Arrow Icon

To jump from tech strategy (probably Tier 3-ish firm) to a pure strategy firm at the pre-MBA level, how should I angle my resume? What types of accomplishments should I highlight to get interviews?

like
Arrow Icon

Can you boomerang back to a firm after having been laid off by them?

like
Arrow Icon

Does anyone have any books/media to recommend on being an Asian in the USA / UK (and particularly being East or Southeast Asian)? Have just finished Big Little Man (Alex Tizon) and Severance (Ling Ma) both of which were excellent and captured a lot of complex feelings I hadn’t been able to put into words before...

like
Arrow Icon

Am I spelling my name right? Formatting tips appreciated. PwC OP, B.S, M.S., CPA, CFA (level 1 candidate), CMA, CFE, CISA, GOD

funnylike
Arrow Icon

Can you get the Certified Fraud Examiner certification if you work in corporate tax?

like
Arrow Icon

With everything going on and a recent layoff, I’ve really been reevaluating my life. Is it dumb to leave all $ and perks behind for more fulfillment and passion. I’m looking for a new job but... cont.

likehelpful
Arrow Icon

Are consulting layoffs / hiring sprees a good way to gauge the "pulse" of the economy? Is a downturn near with all these layoffs we've been hearing about?

like
Arrow Icon

Any HR / Human Capital Consulting 🐠 have an HR certification (e.g., SPHR)? Worth it?

like
Arrow Icon

Are there any MBA admissions statistics out there for sponsored MBB consultants vs average applicants?

like
Arrow Icon

What industries is the CFE certification used for? How does it compare to CPA in the length of the material and difficulty? Do most firms pay for It?

like
Arrow Icon

How much does a good MBA cost?

like
Arrow Icon

Has everyone that's been getting laid off been on the bench? Or were you guys actively on projects and got surprised come CRT?

Arrow Icon

Additional Posts

Ladies: what brands do you use for your travel beauty essentials? Dry shampoo, make up wipes, mascara that doesn't flake in pressurized air, etc.

like
Arrow Icon

Never thought I would be the type, but I'm so lonely and down after half a year of travel project. Major respect to those of you doing this for years 🍻

like
Arrow Icon

Which credit card best for a balance transfer of around 15-20k?

like
Arrow Icon

Can you go into an investor relations role coming from a big4 job? Or do they usually go to those coming out of investment banking?

like
Arrow Icon

Should priority be given to applying to a role ASAP or trying to network with a referral meaning it may take 2+ weeks to apply to the role?

like
Arrow Icon

Hello all, recently accepted a job offer and have to transfer my H1B visa. How long does this process take nowadays with the pandemic under premium processing? Many thanks!

like
Arrow Icon

What's the best Exec MBA program that's online/travel to the school occasionally? I'm a manger wanting to get my MBA and like a solid school.

like
Arrow Icon

How much time will it take to roll out offer letter from Harman? I have cleared all the interview round. Any help much appreciated.

like
Arrow Icon

Anyone else thinking of purchasing Victor Cheng's "How to sell" program? Let's discuss, as I've only used his case interview stuff but not heard reviews on anything else of his.

like
Arrow Icon

Day 3 of my vacation and my client is already texting me on my personal phone. Smh

like
Arrow Icon

I only heard about MBA coaches after joining this bowl. Is this a common thing? How do they help and how much do they cost?

like
Arrow Icon

I know given everything this is a privileged question to ask, but how to get excited about an opportunity that wasn’t your dream company? (messed up all the interviews for my dream companies lmao)

like
Arrow Icon

Do you think it is quite possible to get fired by asking too many questions as an experienced senior 1? If so, i might get fired after this busy season.

funnylike
Arrow Icon

6 weeks til due date and feeling in total dispair. No motivation for work, worn out, but dreading maternity leave (this is #2). Need some uplifting words. I know I’m blessed to have a second and good

like
Arrow Icon

#45 in line for take off from LGA. Where my 🐠 at?

Post Photo
likefunny
Arrow Icon

Taking a week long PTO next month. How acceptable is completely unplugging? They all say "completely sign off". But folks generally don't. Help!

like
Arrow Icon

Anyone have the 100k Amex Plat offer??

like
Arrow Icon

Has anyone gotten COVID twice? I had COVID symptoms in early March but never got tested because it was early days when they didn’t have enough test kits and you just quarantined yourself. Pretty sure I had it because it was the worst flu I’ve had. For the past 3 days I have symptoms, thought I was run down from busy season. Now have a slight fever. I made an appointment for testing later today. I’m scared because I’m high risk and the only one working in my household.

like
Arrow Icon

Home office and where you travel for work. Go

like
Arrow Icon

Rejected from job today after 5 rounds of interviews. Any self esteem or confidence I had is now shot. Happy Friday 😥

like
Arrow Icon

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

Please enter a valid number