How can a tenured finance professional switch to a career in the environmental sector?
I am currently working as a finance professional and I have a bachelor’s degree in Interdisciplinary Studies with my final 45 hours of coursework (upper division) in Environmental Studies. Due to having worked in construction finance and accounting for over 10 years now, that is really the bulk of my professional experience. I am also earning a great salary due to this long term experience, but I have lost a lot of passion for type of work I do, and I no longer feel like it is rewarding. I am looking to get into a more environmental related role and I don’t know what my options are outside of pursuing my Masters Degree in Environmental Science. Any advice for someone currently established as a professional looking to change careers? Is it too late in the game for me?
4 answers
Nadia’s Answer
The short answer is: the good news is it's never too late, and I can confidently say that based on my own experience. However, as everything in life, it's good to think over potential implications of it and prepare yourself as much as possible.
I usually recommend to start with an analysis of your current work-family-health-social situation. For example, do you have any financial commitments? do you have any financial buffer (in case of any unexpected life events or having a lower salary for some time)? How much do you usually spend on a weekly/monthly basis? How much time, money and effort do you need to invest to move to the new field? Then, based on your outcomes, try to find solutions for challenges or see if there are any areas that you must secure or work on before your move.
Also, think about your support circle. That kind of a change may come with ups and downs, including loosing motivation if it takes more than expected. Having someone (a partner, a friend, etc.) in case of such events is priceless!
Kyle ’s Answer
Instead of going for a full Master’s in Environmental Science, consider roles like ESG analyst, climate finance specialist, or conservation finance officer. You could boost your profile with certifications in ESG or sustainable finance, showing your commitment without a complete career change.
A strategic move to a renewable energy firm, green construction company, or impact investment organization could keep your earning power while aligning with your interests. Mid-career changes work well because of your experience and skills, and the environmental field needs people who understand finance and governance. Think of this as using your financial expertise for a mission-driven impact.
Omowunmi’s Answer
Just to let you know that you are in a good place, everyone feels like this at some point in their career.Besides your plan to go for a masters degree, you can also explore other areas of finance more closely related with your background in environmental sciences like green finance and sustainable finance. These areas are a good fusion between your experience in finance and your earlier undergrad studies in environmental science. However, if the intent is to pivot fully from finance to your background, then a masters route is fine.