The Langone Word

As students may consider moving into a new career while pursuing an MBA part-time, the grim employment landscape can prevent a smooth transition. Recently, I spoke with Yolanda Alvarez, Director of Stern's CCWP (Career Center for Working Professionals) and Lindsey Plewa, Career Resource Coordinator for the CCWP to get their insights on making a career change in this challenging market.

Here's an inside look at what the experts had to say:

SN: Where would someone start if he/she was thinking about making a career change?

YA: Making a career transition means something different to everybody. For example, there is the scenario where someone might want to continue in the current function but in a different company. There are also transitions where people seek to move to a different function than one they are currently in. In this case, they need to have a plan in place to make this transition.

SN: In the case where someone wants to make a change to another function, for example, from engineering to marketing, what do you suggest they do?

YA: When making a career switch, it is very important that they develop a plan of action. They should first do an assessment of the market and its needs. The person then needs to understand and be clear on the function. The best way to do this is through research. To do company research, first create a list of about 25 companies from variety of industries in which you would would want to work, the type of corporate culture that appeals to you, and find out if you know anyone that works at those listed companies. Reach out to those people to learn more about the company and the function. In addition to doing your own research, it is very important to reach out to fellow part-time students, as the Langone community is extensive. Also, Langone students have full access to the CCWP to help them with developing their career-transitioning plan.

SN: In my experience, networking is key to making a career switch. What are some of the most common mistakes people make when networking?

YA: Like anything else, networking is a skill that's developed over time. But common mistakes that people make is that they forget to send thank- you notes to those they meet, or they don't follow-up with new contacts that they made. The difference between a good networker and a great networker is that a great networker finds ways to distinguish themselves in the crowd.

SN: I have heard about some crazy tactics potential job-seekers use to get in front of recruiters in this environment. What do you suggest people do to build a good reputation to potential employers during a transition?

YA: While interviewing and networking, it is important to show that you are knowledgeable and passionate about the job. Develop strong relationships with alumni, students and professors as you can leverage their knowledge of the industry and function that interests you. Our last event called "Multi-Year Career Strategies" covered these topics in more detail.

SN: Should people approach their current managers if they want to switch to a different function within their firm?

YA: If you are going to make a switch internally, it is key to understand the landscape, for example, the hiring needs and freezes, and group culture and morale. If you believe that it is the right time to move, make sure you know what the requirements of the job are. You should also take a proactive role in influencing the decision of the hiring managers.

SN: This is great advice that I am sure will help many Langone students. What are some of the upcoming CCWP events that Langone students can look forward to?

12/9: Speed Networking, 5:30PM, (open to Langone students, EMBA students and alumni) 1/26: Interviewing Essentials, 6:00PM, (open to Langone, EMBA students and Alumni) 2/3: Multi-Year Career Change Strategy, 6:00PM, (open to Langone students only) 2/11: Navigating Stern's Online Resources, 6:00PM (open to Langone students, EMBA students and alumni)

Additional information on these events could be found in your Career Account