I am a bsc. Botany student but during my 2nd year i discovered that my intrest in in finance field and now i have few certification and i am also a profitable trading account, should i switch my career and if yes, then what should i persue, CFA or MBA?

Ans: It's completely normal to feel confused about your career path, especially when you're in the final year of your undergraduate studies. The good news is that you have already chosen a specialization in BBA Finance, which means you have a solid foundation in finance-related subjects. Here are some steps to help you plan your career growth:

1. Research Career Options: Explore the various career options available to BBA Finance graduates. Some potential career paths include financial analyst, investment banking, corporate finance, risk management, financial planning, and wealth management. Research each option to understand the job roles, required skills, and growth prospects.

2. Internships: Consider doing internships or part-time jobs in finance-related roles. Practical experience can give you a better understanding of the industry and help you discover what you enjoy and excel at.

3. Further Education: Depending on your career goals, you might consider pursuing further education, such as a Master's degree or professional certifications (like CFA, FRM, or CFP). Additional qualifications can enhance your skills and marketability in the finance field.

4. Skill Development: Identify the key skills required for your desired career path and work on developing them. These skills may include financial analysis, data analysis, communication, problem-solving, and decision-making.

5. Stay Updated: Keep yourself updated with the latest trends and developments in the finance industry. Subscribe to financial publications, join professional finance forums, and attend workshops or webinars to expand your knowledge.

6. Job Search: Start looking for entry-level job opportunities in your chosen finance area. Many companies offer graduate trainee programs for fresh BBA graduates. Apply to positions that align with your interests and career goals.

Remember, career growth is a continuous process, and it's okay to start with a job that aligns with your interests and learn and grow from there. Stay persistent, be proactive in your career exploration, and trust that with time and effort, you will find a path that suits you and allows you to achieve your career aspirations.

Ans: I would like to have a bit more detail about your background. Is this an informed choice or just because someone told you to do so?

CFA is a very high involvement option - Both costly and would require much more intensive preparation from you!

MBA is costly as well as would require you to go for a commitment of two years

Please share more details for me to be able to help you

Ans: Any particular reason why you want to switch to a less hectic job?

The thing is, they pay for the stress - Unless if you are politician

Stress free job = Less salary

Are you sure you are ok with that?

Also, if you are planning to switch career, I would suggest to please also focus on verbal ability. Having good written and verbal communication skills will go a long way in broadening your career prospects

Ans: Certainly! Shifting gears from mechanical engineering to finance is like swapping a wrench for a calculator – a bold move that can steer your career towards exciting new avenues. With your solid foundation in engineering and a penchant for numbers, pursuing an MBA in finance from a top business school can open up a treasure trove of opportunities in the financial realm. Here's a glimpse of the promising career scope awaiting you:

1. Investment Banking: Dive into the fast-paced world of investment banking, where you'll be crunching numbers, structuring deals, and rubbing elbows with movers and shakers in the corporate world. Think of it as your chance to become the financial equivalent of a Formula 1 pit crew, orchestrating high-stakes transactions with precision and finesse.

2. Corporate Finance: Picture yourself as the financial maestro behind the scenes of a thriving corporation. With roles like financial analyst, treasurer, or CFO at your disposal, you'll be instrumental in steering the financial ship towards success, all while sporting your signature engineering mindset for problem-solving.

3. Asset Management: Join the ranks of financial wizards managing portfolios and maximizing returns for clients. Whether it's navigating the choppy waters of stock markets or fine-tuning investment strategies, your analytical prowess will shine as you navigate the highs and lows of the financial landscape.

4. Financial Consulting: Become a financial guru sought after by companies in need of strategic advice. Armed with your MBA in finance, you'll be the go-to expert for unraveling complex financial puzzles, devising growth strategies, and sprinkling a dash of innovation into the mix.

5. Private Equity and Venture Capital: Embark on a thrilling journey into the world of private equity or venture capital, where you'll be on the lookout for the next big thing. Channel your inner entrepreneur as you scout promising startups, fuel growth initiatives, and unleash your creative genius in shaping the future of business.

6. Risk Management: With your engineering knack for identifying and mitigating risks, a career in risk management beckons. Whether it's safeguarding financial institutions from market fluctuations or protecting assets from unforeseen perils, you'll be the unsung hero keeping the financial world spinning smoothly.

7. Financial Technology (FinTech): Ride the wave of innovation in the FinTech industry, where finance meets technology in a harmonious dance of digits and bytes. As a FinTech aficionado, you'll be at the forefront of revolutionizing banking, investing, and payments, all while embracing the thrill of cutting-edge technology.

Remember, the journey from mechanical engineering to finance may seem like a leap of faith, but with your determination and thirst for knowledge, you're more than equipped to conquer new horizons. So buckle up, embrace the adventure, and let your career soar to dizzying heights!

Wishing you all the best on your exhilarating journey into the world of finance!