Hello Sir , I am 42 and was working for a public sector bank for the last 10 years . I am an Mba finance with degree in Statistics . Presently I am on a career break and pursuing a short term fintech course. Please advise future career options which suit my profile

Ans: Your career path will depend on the kind of job you get. Look out for job. Wherever you get a good job which is to your liking you can make a career in that. While searching for a job keep your options open for good opportunities.

Ans: Usually people who work in Banks remain in Banks and you would have better growth opportunities there. So look at option of applying to MNC Banks or other private Banks as you would have higher chance of being absorbed at a higher designation and pay.

Ans: I'm sorry to hear about the difficulties you're facing in your current role. It's crucial to prioritize your mental and physical well-being, and considering a career switch can be a step toward a healthier and more fulfilling professional life.

Reflect on your skills, interests, and what aspects of your current job you enjoy or excel at. Consider taking a career assessment test to identify potential career paths aligned with your strengths and interests.

Use your banking experience to become a financial advisor or wealth manager. This role allows you to work closely with clients to manage their finances, investments, and retirement planning. You can transition to a corporate finance role within a company, focusing on financial planning, analysis, and management. You may decide to leverage your banking experience to move into risk management or compliance roles, focusing on ensuring organizations adhere to regulations and manage risks effectively.

If you enjoy mentoring and educating others, consider teaching finance, banking, or business management at educational institutions.

If you have a business idea or passion project, consider starting your own business. This allows for more control over your work environment and schedule.

You can use your extensive experience to become a consultant in banking, finance, or business operations. Consultants often have more flexible work arrangements and can work on diverse projects.

Switching careers can be daunting but also rewarding if it leads to a healthier and more satisfying professional life. However, with your experience, it should be a fairly simple thing for you to do.

Prioritize your health, do thorough research, and make a strategic plan to achieve a successful career transition.

Ans: Can look at getting a RIA license and work as an advisor. Can also look at working as a consultant in relevant companies. But these are risky options with no steady source of income. Another option would be to do PhD and try being a teacher. Can do PhD along with your job.