I assume everybody here wants the charter and Top MBA /Msc to have a better chance of climbing the corporate ladder.
I also know that this climb has alot to do with being the right person at the right time for the right job(I think we all do),but putting aside chance,there is certain moves to be made to make it easier.Networking is one of them,but its not enough,even in networking having the right attitude /skill is important,so please letts brain storm what helps and what doesnt,
Hi. This is a fairly general question, but I’ll give it a go.
Education is important for sure. So CFA and top MBA/Msc certainly help. Try to get the best work experience you can early in your career. So intern opportunities if you are still in college or recently finished. Personal connections are extremely useful in landing a first job also.
I’m not sure I’ve said anything yet that isn’t completely obvious!
Things you want to have to climb the corporate ladder:
good hair
excellent handshake
…
Right place / Right time. that is about it
chance favors the prepared mind
The best advice my dad ever gave me on the career side is ensure you train your juniors to take your spot. Firms want a seamless transition. You’ll never be promoted if its going to be a headache or impossible to fill your existing accountabilities. This becomes especially important as you get more specialised and harder to externally replace.
The Strategy I have choosen is :Good Msc/MBA +CFA/FRM +negotiation skills/good people handling skills.the networking shall be a combination of the two
The key is taking the bull by the horns.
Err, the best advice to climb the ladder is to make yourself easily replaceable?
^ Well if you don’t have confidence in yourself, then sure I can see your concern. But yes. That’s my point. If your impossible to promote, you won’t get promoted. I’m talking professional positions though. Not commodity workers.
That’s your first mistake.
Well I think everyone here is pursuing or has already got the charter. Otherwise, it would be a weird forum to hang out in. And I also think it’s pretty fair to say most are also likely to pursue some form of higher education at some stage (I have personally). Not everyone I guess but I don’t think I’d call it a mistake.
And that’s your first . . . well . . . you know.
I guess if I ask you why do you say I made the mistake you would say “well son thats your second mistake”.Also please take the most probable route to success.Yes if I spend 10000 hours studying or networking that would be a way but please talk about normal ways
The way to climb a corporate ladder: dominate every position as you climb the ladder, and network.
That’s about as normal as it gets, kid.
Not everyone here is out to get an MBA, nor is everyone here trying to climb the corporate ladder. To assume that they are is a mistake, pure and simple.
If you plan to stay where you are, maybe. If you plan to leverage your pay with another firm’s offer, no.
Also, given there are recessions every 7 years on average (meaning restructuring or downsizing or whatever term they use now), not having someone fill your existing accountabilities can help a lot. it ain’t fun looking for work when a bunch of quality candidates are flooding the labor market and the demand for labor is drying up.