I am planning to make a career change from IT to Finance but not ready for the initial pay cut. In this regard i recently completed Grad. Diploma in Financial Management from Univ Singapore Institute of Management and now plan to pursue MBA specialisation in Finance/Master of finance. Can any one suggest me good unversity in Australia which would give a help in getting a good break in the finance industry. And further iam little confused between Master of Finance / MBA specialisation in Finance. I would appreciate your sincere help.

I am planning to make a career change from IT to Finance but not ready for the initial pay cut. In this regard i recently completed Grad. Diploma in Financial Management from Univ Singapore Institute of Management and now plan to pursue MBA specialisation in Finance/Master of finance. Can any one suggest me good unversity in Australia which would give a help in getting a good break in the finance industry. And further iam little confused between Master of Finance / MBA specialisation in Finance. I would appreciate your sincere help.

Presently I am in Singapore and plan to immigrate to Australia by yesr end so i plan to pursue MBA finance from Austrlia preferably from Melbourne, this is the plan i plan to settle. Btw does HONG KONG UST B-School have any center in singapore or can you suggest any other option. Lastly pls comment on my decision to make mid-career change to Finance industry.

Presently I am in Singapore and plan to immigrate to Australia by yesr end so i plan to pursue MBA finance from Austrlia preferably from Melbourne, this is the plan i plan to settle. Btw does HONG KONG UST B-School have any center in singapore or can you suggest any other option. Lastly pls comment on my decision to make mid-career change to Finance industry.

augurswell:
If you are looking to switch career, taking an MBA at a good school, with concentration in finance, will be the better option. Almost all investment banking companies have special career track that value MBA graduates. Look up websites of IB companies (e.g. Goldman Sachs, JP Morgan, CSFB, Morgan Stanley, Macquarie Group, Citigroup, etc.).

In addition, as MBA graduate you're valued more due to your exposure to other business knowledge (strategy, marketing, org behaviour/structure, etc.) that you study at the MBA program. Even if you're not interested in banking, but say in corp finance area in an industrial company, MBA will give you better value.

Again, in Australia AGSM and MBS are the best schools. I know graduates from these schools are highly sought after by finance companies.

augurswell: care to elaborate what you mean by mid-career change? How long have you been working at IT?

I don't think it might be a big problem, I know some people with IT, engineering, marketing background who've made career change to IB (investment banking).