Engineer working in Bank or Financial Services

S

shakeydude

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Hi,

I am an engineer and while the job is ok I am looking at different career paths which will give me more financial rewards. I was just wondering if any engineer has changed and moved into financial services?? Would any companies give this opportunities with no business background???

Also I see opportunities looking for engineers with investment knowledge and financial modelling background. Does anyone know of a course that can provide this??

Any help is greatly appreciated

Shakeydude
 
There are some graduate conversion courses which convert non-business students into business students.

Smurfit School of Business at UCD must have them.

Engineers are often welcomed by the large firms of accountants as trainee chartered accountants. What stage are you at? It might be a big commitment to start studying accountancy from scratch.

Brendan
 
I am not really thinking of accountancy, for example I saw a job with the European Investment Bank looking for engineers

[broken link removed]

Knowledge of investment analysis, including financial modelling would be an advantage


It does make reference to an MBA but I was thinking would something in Financial Mathematics or Engineering economics(something with a high maths content), that way I would still be able to use my engineering background, something that I want to still use.
I graduated in 2003 in Civil Eng and would hope to become a chartered engineer regardless if I had a change in career.
 
There are financial maths masters in Maynooth and DCU, I think. I suspect that you would need to have a business or economics degree first though.

Brendan
 
Thanks Brendan,

I have seen these courses but the other factor is that I want to do the course part time or via distance learning. I thought that more engineers would have made this change to financial services
 
Got an MSc in Statistics and Operations Research (TCD) many years ago and worked for many years on modelling of decision processes at Bank of Ireland using numerate approaches and modelling. This type of approach to management was dropped in most areas of banking in Ireland, with a couple of exceptions. The main area where math/scientific approach continues in Irish banking is in Risk management.

Despite having left the area myself, I still maintain contact with the European group Eurobanking - which promotes such approaches. Eurobanking is a group of practitioners of scientific approaches in banking. See my Eurobanking site [broken link removed].
 
Hi Shakeydude,

There are plenty of courses out there : (all Masters courses)

DCU - Investment & Treasury (part-time)
- Capital Markets (full-time)

NUI Maynooth - Finance full time (1 year) and I think they offer a part time 2 year programme also.

UL - Financial Services (full time)

Smurfit/UCD do courses also.

I came from a computer engineering background and have been in finance for 2 years. Have decided it would be best for me to educate myself further and have decided to do the Msc in Financial Services in UL.

I applied to the DCU part-time course and the UL course and was accepted for both. Your background shouldn't be a hinderance to get into any of the above courses.

Also, there are a broad range of courses with the Institute of Bankers available on a part-time basis.
 
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