I'm beginning to wonder if finance is right for me. I've been working as an analyst for about 5 years now, but I feel like I'm not as progressing as fast as my peers. How do you know when the industry just isn't clicking with you?

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If you have to ask, it’s probably time to make a change.

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Maybe try a different company. Nothing like a fresh start somewhere else.

likeuplifting

Sometimes it’s the company, sometimes it’s the product, sometimes it’s the network around you, sometimes it’s the role…don’t be afraid to move around and spread your wings. 1. Clean up your resume and start applying elsewhere 2. Do more intraoffice networking with other workstreams/product/desks/mkt offerings. These are not mutually exclusive.

likeuplifting

I felt this way after working at Goldman for 6 years across 3 teams in Ops and front office PWM. I almost gave up on finance. It’s a long story so I’ll make it short. There is something for all of us to do in finance. But it’ll cost you bcoz you’ll need to invest in yourself. The equation you want to adhere to is “how do I make myself valuable despite my X.” Your X could be softness, being a minority, being docile, being too nice. I think for me, the answer is in, get my MBA and invest in my network so it never out of opportunities. I’ve learned that I can’t do it on my own as I did life ever since I was born.

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Ok I understand. Your case is exactly what I’m talking about. Success is relative. You may end up being promoted a season or two late (or early). People tend to be very self critical so you may end up thinking that 1. You’re not successful 2. You’re not successful because you’re too nice. But that’s why you need to do the hard work of investing in yourself and your confidence and seeing that you succeed despite the reason the thing you need to change about yourself. You’ve been yourself for 22+ years. There is a job for everyone in the industry. People think you’re soft? You think it’s because you’re nice? Then show them that you can be nice AND assertive while hitting your numbers.

likesmart

It could just be exhaustion and routine. I agree that making a company/network change can definitely help. Fresh air helps.

likehelpful

I went through the same thing, worked at JPM for 6 years in finance, then moved to another firm and actually started to like it. JPM was a toxic place, looking back I should have never stayed that long.

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Oh my god this is too relatable... Worked here for three years and about to resign for a break and recruiting

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Starting as financial analyst is generally a bad and limiting job choice. Figure out a way to do something more impactful.

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Get into fintech

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I think that is easier said than done. While I'm sure there are some skills that translate, the area you want to be in fintech is in development or sales - the former requiring computer science and the latter probably still some CS or significant finance experience. I think Operational skills are more pertinent to fintech.

What are some good careers if you don’t finance but that’s your experience ?

Don't forget betting on draftkings. That's the path for finance bros who don't make it 🤮

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Take it from me, being an analyst is a fairly limiting position if you plan on staying in the job functions long term. The good news is, you can get into more of an analytical role that pays great, with the amount of time you have been a financial analyst. Those functions pay great but moving up the corporate ladder is hard in those fields since higher roles are extremely limited

I do follow but can you be more specific in what you consider are the more analytical roles? Just want to get your take on what would be next logical steps that should boost an analyst's income by 40k or are the roles you listed the analytical roles you are referencing?

bs you are not under the proper leader

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