I’d similar to to get an MBA, though I know I need experience. I am smooth in Spanish as well as French as well as I’d similar to to in the future be in general finance. Any suggestions?
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{ 3 comments… read them below or add one }
The problem with a financial advisor position is that they are almost all commission based, and it’s extremely difficult to build up a clientele. So, if you go this route, do you have possibly 1 year’s living expenses paid? Because, you probably won’t get a check until you sell financial instruments. Sort of like a realtor.
Some companies offer a “draw” but this is essentially you borrowing money that you have to pay back – assuming you build up the clientele and start generating income.
A good entry level job is a financial analyst (not advisor), but these positions usually require a degree in finace and/or accounting (or a business management degree). If you do not have one of those degrees, then it is very difficult to enter a financial position.
There are training programs at brokerage houses. You will have to devote a lot of time getting started–it’s a very demanding profession. Let me recommend a book available at Amazon, So You Want to Be a Financial Planner by Nancy Langdon Jones. She is a very successful financial planner who started later in life. I know her and her book–she is well respected.
You may also want to get started working for a financial planning firm. Not much money to start, but they can help you study for your Certified Financial Planner certification, which you will want. For more details on the profession, go to http://www.fpanet.org, the Financial Planning Association.
Ultimately, there are a number of roads you can take, if you’re willing to work hard, especially to get started. Good luck.
What is your location please ?. What is your age and experience as a teacher ?
Well, if you are below 30 years of age, Please finish your MBA in finance, but mind you, you have to start as a fresher !
( You can join a financial firm and pursue MBA)