Career Path for a New Entrant
Hello everyone! I’m a 24-year-old living in Vancouver, BC, and I hold an Associate Degree in Computer Science. Unfortunately, I’ve spent my post-college years in jobs outside my field, primarily in labor positions that leave me feeling unfulfilled. My current role as a server has become monotonous and draining.
I feel a bit lost at the moment, as I am waiting for my Resident Card, which would enable me to access student loans for further education. As I reach my mid-20s, I’m eager to establish a meaningful career.
I have a strong passion for trading, the stock market, and investing, and I’ve been exploring potential career paths like Hedge Fund Analyst or Investment Banking. However, I’m uncertain about whether these are viable options for me as a Canadian, especially since many leading hedge funds are based in the U.S.
I would love to hear your advice! What has your experience been like? If you had to start over, what school would you choose, and what degree would you pursue? Any insights that could help clarify the path ahead would be greatly appreciated. Thank you all, and best wishes!
One response
Hi there! It sounds like you’re at a pivotal moment in your life, and it’s great that you’re actively seeking a path that aligns with your passions. Here are some thoughts and suggestions that might help you navigate your career journey:
Leverage Your Background: With your Associate Degree in Computer Science, you already possess valuable skills that can be applied in finance and trading. Consider how you might use those tech skills in sectors like data analysis or algo trading, which combines programming with finance.
Education: Since you’re considering returning to school, look into programs that align with your interests in finance and investments. Degrees in finance, Economics, or data analytics could be beneficial. Look for schools that have strong connections to the finance industry, even if they’re in Canada.
Certifications: Aside from a degree, consider obtaining certifications that are recognized in the finance industry. The CFA (Chartered Financial Analyst) or CAIA (Chartered Alternative Investment Analyst) can be particularly valuable if you’re interested in hedge funds or investment banking.
Networking: Use platforms like LinkedIn to connect with professionals in the finance industry, especially those based in Canada. Join finance-related groups or forums, and attend local networking events. Building relationships can open doors and provide insights into different career paths.
Work Experience: Since you’re currently in a labor job, consider seeking internships or entry-level positions in finance or investment firms, even if they are unpaid. Real-world experience can be invaluable and can help you transition more smoothly into a finance-related role.
Online Learning: While you wait for your residency card and plan your education, consider taking online courses in finance, investing, and trading. Websites like Coursera, Udemy, and Khan Academy offer excellent resources that can help you build your knowledge and skills.
Consider Local Firms: While it’s true that many big hedge funds are in the States, there are also numerous financial firms and investment companies in Canada. Look for local hedge funds, investment banks, or asset management firms where you can start your career.
Stay Informed: Keep yourself updated on market trends and news. This not only helps in interviews but will also deepen your understanding of the field.
Mentorship: If possible, find a mentor in the finance industry who can guide you. They can provide valuable advice, help you navigate your career choices, and may even open up opportunities.
Remember, it’s never too late to pivot your career. Many people make significant changes in their 20s and 30s, and your passion for trading and investing can certainly lead you to a fulfilling career. Good luck with your journey, and keep pushing towards your goals!