Banking and corporate finance specialization gave MBA confidence to advance in finance career.
Jamile Magaly Vallés Espinoza graduated from the MBA at Italy’s Bologna Business School, specializing in banking and corporate finance, last year.
Also a law graduate of Pontificia Universidad Catolica del Peru, she began an internship in 2008 at the Superintendency of Banks, Insurance and Private Pension Funds (SBS), an organization responsible for the regulation and supervision of the Peruvian financial system.
After completing the Bologna MBA she returned to Lima to continue her career at SBS and hopes to continue making advancements in the financial industry.
Why did you decide to begin an MBA?
I have always enjoyed studying and had a strong desire to further my career prospects and personal development. I always knew I would complete a master’s abroad. I have always believed that one needs a broad knowledge base — I decided to take a step away from law and search for MBA programs in banking and corporate finance, which is an area I have always found interesting.
I chose Bologna Business School because they offered me the most relevant qualification to my career goals, and an internship with a financial institution.
Furthermore, I received strong support from my employer at the time, SBS. They allowed me to take a year’s study leave, for which I was very grateful.
How would you describe your experience at Bologna Business School?
I had a truly enlightening experience, allowing me to fully understand the merits of an international MBA and gain crucial knowledge of how businesses really operate.
It was not only the course, but the people and the international exposure that opened my eyes to new cultures and opportunities, which I will never forget.
One of the best parts of the experience was the internship at one of Europe’s major banks, Unicredit. It proved to be a priceless experience.
What career path has the MBA led you upon since graduation?
Since completing the MBA program, I have been put in charge of the sanctions and procedures unit at SBS, allowing me to put into practice what I have learnt not only during the MBA program but also during my internship in global compliance with Unicredit.
My current position is analyst of the Superintendency of Banks, Insurance and Private Pension Funds, Peru. Specifically, I work in the superintendence of market behaviour and financial education, a function that regulates, supervises and improves financial consumer services.
In total, I have served more than five years with SBS and I owe a great deal of gratitude to this company, which has always supported me and given me the opportunities I needed to further my career within the banking sector.
What are the key skills or attributes needed to succeed in the banking industry?
First and foremost, industry knowledge. Studying an international MBA will provide you with the technical tools and knowledge required to develop deep understanding of the financial sector.
You need to be adaptable and cooperative in a constantly changing environment. Skills in conflict resolution and being able to think critically are paramount. Finally, it helps to be a strong communicator and innovator in a global industry where new ideas can come from new voices.
How has the MBA been of benefit to you in your career?
The knowledge that I have acquired during my MBA has given me a far superior understanding of business organization, and unparalleled insight into the relationship between banks and corporate businesses.
The MBA, although not nearly as lengthy as my original degree, gave me vital intelligence that has assisted me greatly in my professional career and given me the confidence to succeed in this industry.
What advice do you have for MBA students whom are about to graduate?
My advice to MBA students who are about to graduate is to look at this achievement not only as an academic goal, but more importantly as the beginning of a new personal and professional lifestyle.
Written by Seb Murray from businessbecause.com