Posted in: Experienced, CVs & Applications 4 October 2009 6 answers
Anonymous

Question: Engineer in the motorsport, automotive and aerospace sectors. How useful is this knowledge as an analyst?

12 years with an excellent knowledge of current working practices.

Ability to understand potential technical developments and identify potential markets and products.

Answers (6)

  1. very interesting from my point of view but I tend to say that most here will disagree. let’s see! would be a refreshing “supplement” because banks usually hire people with adverse backgrounds.

  2. …did I mention being “quite” good with numbers and dealing with, and understanding and interpruting huge datasets?

  3. The problem is after 12 years experience as a engineer you’ll have ENGINEER rubber stamped on your forehead. And by the way, lots of bankers are “extremely” good with numbers and fair few work with large datasets on a daily basis. Simply put, don’t quit your job.

  4. Industry expertise can be looked on positively by banks, that’s true. Although in this market there could be redundant experienced analysts (with client relationships) who would be competing. As you would be an analyst with a background in the industry, your value proposition to clients could be to angle your coverage style toward being a technical expert rather than just “another in the pack” broking stocks in the sector.

    Nevertheless, I would advise you to instead go and work in F1 – if you are good and put in the same hours you would in banking you will still wind up earning a lot of money!

  5. Well thank you chaps for your replies.

    It’s a shame that more people weren’t interested, but reading other posts I seem to got away with not being too severely savaged!

    Just to clarify a few points:

    I assumed (foolishly?) that all bankers/financiers were numerate, as am I. However, I also don’t think that many have done something else to a particularly high level before.

    I have been responsible for aerodynmics on: GT cars, Le Mans sports prototypes, road cars and run an F1 aero test group. I’ve also consulted in aerospace. Fancy something new now, but not completely different. Doesn’t everyone after a while?

  6. I know that this was posted some time ago but would love to find out if you have mad the transition or what you experience or trying to do so was.