Lights, Camera, Action: Seeking Guidance for a Transition from Entertainment to finance Consulting
Hello everyone,
I’m reaching out for some advice as I consider a significant career shift. After dedicating 20 years to the entertainment industry—where I’ve worked as a scriptwriter, executive producer, and spent five years as a content executive at Netflix Middle East—I’m ready to explore new horizons. I also hold an MA in Film and TV Producing from the University of London. Now, at 42, I feel prepared for a new challenge that merges my deep insider knowledge of the media landscape with a newfound passion for finance.
Over the last couple of years, I’ve been diving into finance through self-study, particularly enjoying Aswath Damodaran’s YouTube classes. I’m especially intrigued by corporate finance and valuation. My vision is to leverage my extensive experience in media to become a finance consultant, helping investors allocate capital more effectively in media ventures for improved ROI.
As I ponder this transition, I’m weighing whether to continue with self-study or pursue further formal education or certifications (like FMVA, Wharton Online certificates, or others). I’d greatly appreciate insights from anyone who has made a similar journey or has expertise in media finance consulting. I have a few specific questions:
– What educational paths or certifications would you recommend to effectively bridge the gap between my media expertise and financial analysis?
– Is self-study adequate, or do you find that formal certifications greatly enhance credibility in this industry?
– Any suggestions on networking or positioning myself as a consultant in this niche?
Thank you in advance for your feedback and guidance!
One response
Hi there,
It’s great to see your enthusiasm for transitioning from the entertainment industry to finance consulting! Your extensive experience in media, combined with a passion for finance, puts you in a unique position to offer valuable insights to investors in media ventures.
1. Additional Education or Certifications:
While your self-study has certainly laid a foundation, pursuing formal certifications can indeed enhance your credibility. The FMVA is a strong choice, as it’s well-regarded in financial circles and provides practical skills in financial modeling and valuation. Additionally, considering your background in media, a specialized course in media finance or entertainment industry finance could further align your education with your goals. Look into programs offered by institutions with a focus on media, like the AFI (American Film Institute) or institutions that specialize in media Economics.
2. Self-Study vs. Formal Certifications:
Self-study is incredibly valuable and shows a proactive approach, but formal certifications can significantly bolster your resume, especially in finance, where credentials often carry weight. They not only affirm your knowledge but also help you build a network and access resources that can facilitate your transition.
3. Networking and Positioning:
Leverage your existing connections in the entertainment industry; they can serve as a bridge to finance. Attend industry conferences, seminars, and networking events related to media and finance. Platforms like LinkedIn are excellent for connecting with finance professionals and joining relevant groups. Consider offering your services on a consultancy basis to small media startups or investors looking to enter the space, allowing you to build a portfolio and gain practical experience.
Additionally, consider creating content (blogs, webinars, etc.) that speaks to the intersection of media and finance; this can position you as a thought leader in that niche.
Best of luck with your transition! It sounds like you’re on an exciting path, and I’m sure your unique insights will be invaluable in the world of finance consulting.