Career focus

With the excitement building as the big day approaches before setting off to business school (although worry is starting to creep over me with regard to progress on my passport renewal and how best to move my stuff in the UK by cargo to California), career options have come into focus once again.

Over the last 6 months or so, I've been considering and researching careers in international development, but it wasn't until I initially went through GSB's impressive career section on this area earlier this week that I really started to realise how many potential opportunities lie out there - evidence of dozens of students over the years successfully placed on internships and onto full time positions with the exact firms I'd expressed interest in. Consulting is still my main career desire directly after b-school, but international development has recently risen to consideration mainly because I can currently relate to it more since I've been here in Tanzania, where the big thing in the news is always "poverty reduction this..", " a new plan for economic development that..." not to mention the recent make poverty history campaign, which means that development agencies have come under a lot of focus and there should be load of work coming up with the increase aid pledges. When people ask me here so what are you going to do immediately after your MBA and I answer that I'd like to work for Bain or McKinsey, they look mystified. But when I tell them I may want to work for the United Nations Development Programme, or the World Bank, they can completely understand the logic in the choice and the impact I could make. My desire and what I wrote on my essays was that I would like go into consulting to get the widest business experience and then go into international development when I've professionally matured. However, I am now formulating a plan to test the water by combining my interest for pursuing the global management program (GMP) certificate, in which I can go on the Global Management Immersion Experience (GMIX) 4 week internship abroad next summer, by hopefully landing a stint at an NGO at some exotic country. It still leaves me time to intern fully at a consulting firm if all is successful on that front, and by this time next year I should have an idea as to whether international development is for me or not (at least get some experience and relevant contacts for the future) - at the moment it certainly feels that I should wait and build up further experience before trying to land a high impact international development job.

Then there is of course, the chance of starting my own business, a choice everyone can universally relate to here in Africa and in the west, but during my exposure to more than my fair share of young entrepreneurs here in Tanzania, I'm starting to realise that not many of my entrepreneur friends are living the lifestyle I want to live toward the end of my 20s. More importantly, the environment for a start-up here in Tanzania is just not conducive or ideal- bongo land inefficiency is such a pain, not to mention huge barriers of entry in everything apart from say advertising. I would certainly have little chance with a hi-tech venture, maybe if the opportunity arose in the bay area, but plans for a start-up in Tanzania are certainly in the long term, when hopefully efficiency and infrastructure would have improved or I become more patient with age!

What about investment banking? At the moment this is one of the areas that I've least researched but I have been having a growing desire to learn more about - the attraction being the short term financial gain at the expense of long hours before burning out- who knows, I shall certainly consider taking a summer internship in this area instead of consulting should my further research lead me down this avenue and the opportunity arise.

Did I mention private equity? This offers the best financial rewards (as I recently read in an economist article), yet I currently know very little about, and I hear is very competitive to get into especially without prior experience... This is where my current work experience at the stock exchange here in Tanzania may show employers that I’m interested, but maybe probably not enough for me to be competitive against other applicants for full time jobs without an internship.
Last, and I’m sure not least is the extremely valuable advice I got from the North America/Commercial Director at my last employer to go into Product Marketing- again I currently know very little about this, the advice given to me was that I should strongly consider this area if I still wanted to make use of my engineering and tech skills and get the most out of the general management education at Stanford, it was also that an area that is looking increasing promising and important in countries such as the UK (should I want to return there).

What's clear is that my career interests are still at the stage of expanding, and I'm sure they'll mushroom once I get to business school. I'll certainly need to join quite a few professionally related students clubs to feed my career interests (so far, I reckon consulting, investment, Finance equity/investment, Africa business, hi-tech just to name a few…). I still have yet to take the career leader online self assessment that the career management centre are recommending on doing. When I last took this type of test in high school I came out with something being 95% suited to Engineering, so I do value these sorts of tests.
To date, I'm satisfied with the career research I've done on management consulting (already bought a case study preparation book and a guide to the top firms), recently I've been having a look at MBA consulting track, it has some helpful advice about preparation whilst at business school.
My aim is to reach this level of research on the other career interests (International development, investment banking, Product Marketing and a little on private equity)- there’s clearly a lot to be done here and a methodical and organised approach to manage all these career interests is definitely needed.
All this presents me with another challenge- How do I structure my resume for the resume book due in the autumn quarter, and another action to start on prior to enrolment, when this book goes out to the full gamut of MBA recruiting firms across a variety of sectors? Conventional wisdom states you should structure ones resume focusing on the career area one is interested- but what if you have many and are not firmed up on them!!?- I will carefully need to think about my resume to focus on achievements and transferable skills that appeal to a broad recruiting audience- and then later tailor resumes for specific companies that I apply directly to. Oh lord…