Hi all, thanks so much for your advice a few years ago. Thought I'd add a bit of an update for any that come after me, wanting to know where this landed.
After this post, I continued to be unsure and unhappy being in project controls; it felt like my talents were going to waste. If you're a chemical engineer, and especially if you went to a russel group or elite univeristy, be warned that project controls is not where you want to be; it's entirely understimulating and underfulfilling for someone who had the capacity to get through such a tough degree. That said, in my case, I also didn't have a lot of experience seeing process engineering in the company, nor elsewhere, just got a sense of it from the good friends I made who were process engineers. In the end, I remained in project controls and in the company for about 1 year. Toward the mid-end of my time there, I ended up getting very involved in other extracurricular things in the company, to get my name out there, and this was a really good decision, as it meant 1) I made more process engineer friends that told me about their experience, and 2) I made connections higher up (directors etc.) that were appreciative of my enthusiasm and potential.
I came to the conclusion that I didn't really see myself pursuing process engineering long term. I attended various company webinars where 40+ year olds said they didn't really come into the profession for the money, and from research, learned that at that age, you could expect around 60-80k salary; which, don't get me wrong, is a comfortable amount, but for a profession where I would have had to 1) purse a masters, 2) work 4-5 years to get chartered, 3) do a lot of work outside of London (think oil rigs, norway battery factories etc), 4) continue to upskill via trainings etc for the rest of what is a very mentally challenging profession, and 5) simultaneously not do much more than spreadsheet calculations guided by senior engineers for a couple of years - that salary expectation didn't really do it for me. So I made the decision that I would either look elsewhere within the company/field, or change entirely. I ended up doing both.
I ended up leveraging my american engineering degree, through which I had also taken various classes in other subjects, did econ competitions etc, and ended up applying to a finance / consulting company, and got in! The salary itself was considerably higher than my project controls one. Simultaneously, I ended up learning about the engineering consulting arm of my company, and met some people there. Long story short, when I broke the news that I was leaving the company to pivot into finance, the directors I'd connected with at my engineering company were upset, in a good way, and put in a meeting with me to discuss what they needed to do to keep me in the company. I told them I wanted to move away from project controls, and that I wanted them to match my finance salary - and they did! They put me in contact with the process engineering consulting directors, I had interviews with them, they offered me the job, and agreed to match my salary (albeit at a push given they weren't the directors I'd originally connected with). In the end, I thought about both paths, and I'd already mentallised myself about moving on, was excited about the prospect of working in the city, the faster salary increases, the young people etc. So, I decided that whilst I appreciated the offer so much, and truly do not regret having started my post-grad career there, I decided to decline their offer, and move on into finance. They were disheartened, understandably, but also understood my thought process, and said there would always be an open door if I decided to come back. So biggest advice is, try your best wherever you are, and make connections / get involved! It truly pays off.
A year and a half into my finance company experience, it's been a rollercoaster, and I have to admit I felt way out of my depth having to catch up on finance knowledge, and having to explain my background very often, but I think I prefer the opportunities it has given me more, and I'm excited about the options I have now. I truly feel like I can eventually do anything. In terms of perks, 1) a higher salary, and faster increases biyearly 2) a younger crowd that has allowed me to meet more likeminded friends, 3) learned many useful things that apply to my financial wellbeing 4) many more socials, expensed outings, and even trips. That said, you have to weigh it out with what matters to you, as some of the downsides include some very stressful times, more late working (say 6-7pm, which can increase more the more senior you get), having to catch up on financial knowledge that sometimes makes you feel like an imposter, and sometimes boring work. In the end though, I am more satisfied and mentally engaged than I was doing project controls, and I am certain I made the right decision for me, in moving away from engineering. I still sometimes consider learning tech skills like coding, powerBI etc, but that's still an option, and I'm looking forward to doing an MBA shortly down the line. Perhaps aim for the big 3 consulting firms. Upward trajectory overall!
Top advice:
1) Get involved and make connections wherever you are; put your best foot forward even if you know you're not currently where you want to be
2) Do your search about your current and potential options
3) Don't be afraid to pivot
4) Reach out to those who are in positions you'd be interested in
5) Follow your gut
6) Don't be afraid to take risks; if you ended up taking the wrong turn, that's ok! Just pivot again!
7) Believe in yourself wholeheartedly
Hope this helps someone, and look forward to providing the next update!