Maximizing Employability in Finance/FinTech During a Sabbatical: Broad Skills vs. Specialization?
Hi everyone,
I’m approaching my 27th birthday with 1.5 years of experience in Operations at a large financial institution, along with 6 months of research work at a web3 startup. My role in operations primarily involved administrative tasks, and I faced challenges in transitioning into finance internally. Thus, I decided to move to the startup, where I had a connection with a cofounder. It was a valuable learning experience; however, after he departed, I encountered difficulties in my role and was ultimately let go.
Now, I’m embarking on a 7-8 month sabbatical and am eager to utilize this time to develop skills that will enhance my employability across various finance, fintech, and crypto roles. With a BA in Economics and an MSc in FinTech, my aim is to secure a position starting in January next year, ideally in the EU or UK. However, I want to keep my options open instead of committing to a specific niche too soon.
Is this a feasible approach, or do I need to specialize to stand out in the current job market? If specialization is necessary, what would be the best areas to focus on?
Additionally, considering the rapid advancements in AI, what skills or sectors within finance and tech are likely to provide long-term career stability?
I would greatly appreciate any advice you can share!
One response
It sounds like you’re at an exciting crossroads in your career! Given your background and current situation, maximizing your employability during your sabbatical is definitely achievable. Here are some strategies to consider:
1. Broaden Your Skill Set
Since you’re aiming to keep your options open, focus on skills that are transferable across various roles in finance, fintech, and crypto:
2. Certifications & Courses
Consider pursuing certifications that are well-respected within the finance and fintech communities, such as:
3. Networking
Networking is key in the finance and tech industries. Use platforms like LinkedIn to connect with professionals, join relevant groups, and participate in discussions. Consider reaching out for informational interviews to learn more about different roles and gather insights into the skills that are in demand.
4. Hands-On Experience
Look for freelance, consulting, or project-based opportunities during your sabbatical. Websites like Upwork or remote job boards can provide the chance to apply what you learn while also building your portfolio.
5. Stay Updated on Industry Trends
Given the rapid advancements in AI and technology, following industry news, joining webinars, and attending conferences can help you stay ahead. Understanding trends like AI in finance, RegTech, and sustainable finance can position you as a forward-thinking candidate.
6. Consider Specialisation After Your Sabbatical
While it’s great to have a broad skillset, as you approach the end of your sabbatical, assess the roles that interest you most and consider specializing in those areas. Whether it be data science within finance, compliance in fintech, or a niche within the crypto ecosystem, aligning your focus with your interests can lead to more fulfilling job opportunities.
Final Thoughts
It’s realistic to keep your options open while building a robust, adaptable skill set. The key is to balance gaining broad knowledge with becoming proficient in specific areas that intrigue you. As you move forward, continually assess your interests and the market demands to find a path that feels right for you.
Good luck on your journey!