What's the average salary for someone in marketing?

Is it easy to switch someone's career from marketing to finance ?

  • I have an 3 yrs of exp in marketing but now I am willing to change it to finance. so do I need to start it from scratch and take the salary they are offering or I can expect the same as I am drawing in my marketing profile. Also would like to ask how to tackle the interviews for finance . I mean how to tackle the main imp question on Career Change? Thanks need your reply ASAP.

  • Answer:

    You can definitely make a career switch if you put your mind to it by talking to the right people and doing the right research to identify how. I've  interviewed people who used the MBA to do this and some of them make some pretty uncommon moves. These were MBAs from INSEAD, Warwick University, and CEIBS. One switched from Mergers and Acquisition in France to running a firm that seeks private equity for SMEs in West Africa. Another one who moved from making short films and documentaries in Canada to working for international pharmaceutical Bayer in China. The final one worked in Change management processes in British Banks to sustainability consulting. You can have a read of how they did it of you're interested http://www.businessbecause.com/news/mba-career/to-switch-or-not-to-switch-industry-the-big-mba-question-dissected-81679

Anon User at Quora Visit the source

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While I am sure that there have been exceptions, for the majority of people that choose a new career line, they end up starting close to the bottom until they receive experience in that area.  While education plays an important role in beginning a career and in promotions, most companies want experience also.  For example, when I finally graduated with my BBA in accounting, I had over 10 years of management experience.  However, that did not mean that I was eligible for an Accounting Manager position.  I had to start as a Staff Accountant until I had several years of accounting experience in.  Then I was promoted to the position I have now.  You may have enough transferable skills to be able to convince an interviewer to start you a level or two above the bottom, but I would not expect to be able to do a lateral move. I could not find any question on the Career Change website, so I cannot give you explicit advice on how to answer them.  However, most interviewers have company specific questions that they ask, so even if I did give you advice on how to answer those questions, they may not even be asked of you.  But in every interview that I've had, I've always done several things that always worked for me: 1) Research the company that you are interviewing with.  In these days of the internet, there is no excuse not to have a general idea of what the company does, how it is doing, and what direction it wants to go in.  The best way to show the interviewer that you will be an asset in the role is to be able to talk about how your talents will help the company.  The only way you will know how you can help the company is to know about the company and what its goals are.  The company website and its annual report can let you know everything you need to know. 2) Read the job description that you are applying for.  The majority of online positions usually have a job description of what the hiree will be doing.  If there is not one, or if it is minimal, contact the company's HR department and ask for more information.  Look for experience or education that you have in your marketing career that fits what the job duties are in the finance position.  The more of those that you can match up, the better your chance of getting a better pay offer. 3) Once you research the company and know what is required for the job, pretend that you are the interviewer and think of questions that you would ask if you were interviewing someone for the position.  Then answer them.  Recruit a friend or friends to interview you.  The more you practice, the more relaxed you will be in an actual interview and the better you will answer. Best of luck.

Jereme Allison

The best way to not "start at the bottom" in a new career area is to not start your new career at a new company.  Rather, find a position directionally related to your new area of interest, at your existing company.   While the opportunities vary from company to company, and in different geographies the practices and customs can differ as well, the best chance you have of making a lateral move into a new area is to do it with an existing employer. Why?  Because quite often and existing employer is more willing to take a risk and give you a position of similar rank to your old position -- knowing that the new domain make take some time to ramp up, but also knowing that you have a history of good performance and on-the-job learning capability. A few things to keep in mind: 1)  Not all employers will think this way, so you may FIRST have to move to a new employer that has this kind of perspective (and continue in your OLD career space when you first move over).  This may or may not be less time consuming that just making the jump and starting afresh in a new field, depending on how senior you are. 2)  You may not laterally move into the position you want right away.  Think about interim steps, and who you need to work with and get visibility with and network with, to eventually get into the role that you want. 3)  If there are certifications involved with qualifying for the new career field, get started on those NOW rather than later when the ideal position is open and other candidates, who have the certifications, are in the running for it as well. And, finally, find a champion in the new field -- a leader who can act as a mentor or even an advocate for your more and your potential in the new space.  This will be invaluable.

Nathan Wolfson

To completely switch from marketing to finance is not an easy job. well, okay lets put this way, it will be a little tough. Generally when you move on from marketing to finance there will not be much changes in routine but the functions within the routine will have to altered through your knowledge. so knowledge and relevant experience is always required. You have to organize the change carefully. stay in marketing fora  while - 2 more years and relate yourself with finance. tough one but it all helps. find out a balance at which you are more comfortable with finance or you are able to solve the problems on your own (ability to find solutions through resources quickly) - that is the time when you are really ready to jump into finance. There is no way to tackle interview. You go in - face it - either you impress them or you fail. Say them about your interests while saying about yourself. It will solve all your problems. While coming to why finance from marketing? say you wanted to be an hybrid! someone with two skill sets. Every top businessmen, researchers are famous because they are good in more than 3 or 5 domains. Good Luck

Rajkovic Allan

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