What to do if I missed the boat entirely
That Q&A inspired me to make a post,
tl;dr - what steps to take graduating with no job, 1 year of internship in financial services (accounting), wanting to get in investment banking. What jobs are within my realm of possibility
I just graduated from a really shitty non-target school in NJ with a 3.7 gpa in finance, only slightly better than a community college, and leagues behind rutgers. Only like 2 people from my year as far as I know actually have good jobs coming out, one at BB IB, another accounting in Big4 that had an offer from a BB. They were both part of one of those hispanic / minority professional organizations which give specialized training and networking and support to get people into good careers (sadly afaik this doesn't exist for asians)
I switched my major halfway through my college, and when I got interested in IB I was already a junior, and I missed the boat on everything. I have a year of internship experience, but the firm entered a hiring freeze when it came to get a full time offer, which would have only been 45k a year anyway and it was quite a depressing office, a lot of work being shipped overseas to china.
I wasn't too educated about recruitment and I was always terrible at interviews, my internship was the only one I could get, and even discussing with them, I got the job because they only had 6 slots and 6 people applied.
I hope someone has advice on what to do, because I'm kind of slipping into a depression from regret of not going to Rutgers. Career fairs at my school are hot garbage. I don't know what roles to apply for, and what I would even have a realistic shot of landing. It seems like analyst roles only want interns, and internship roles only want sophomores.
I had one corporate banking phone interview which I would have loved to get FT analyst, but I got ghosted on that, not invite to a super day.
Would it be worth it to lie about my graduation and say I am a sophomore to get any roles?
My current plan is to get a semi related job, and then get into an ivy league, to get to a summer associate role.
graduation is already done, i don't think there is any extending it, going back. I'm assuming it isn't possible to apply to a different undergrad.
any idea on where to start looking for jobs? just had my schools career fair, and it was a load of garbage "apply online we can't take resumes" and the such
A lot of non-garbage companies werent doing physical resumes when I was going through recruiting too. Albeit the applications were then on a careers portal specific to my university, rather than just the general online application.
Even if they say apply online, you need to build a relationship with those recruiters on campus because otherwise you'll get lost.
If shit gets real bleak for you, get a job with a temp agency. You'll end up doing shit work in corporations finance groups (e.g. AR/AP) that at least will get your foot in the door without the interview process you say you're bad at.
Do you have enough courses to sit for the CPA exam? It's typically 150 credit hours and a list of 5-10 accy courses, but varies by state.
It's not IBD, but it's a white collar job, and the Big 7 firms like McGladrey, Crowe, etc will hire you, and then you can make the jump to IBD via an MBA.
i've taken many finance courses, so I would be comfortable taking the CFA, but i'm currently studying for the GMAT, general consensus says CFA doesn't help much in job search.
CPA exam, not CFA. I'm throwing out ideas here.
CPA. A few years in audit, preferably at a Big 4 firm. Then, push for a valuation or transactions group at one of these firms and begin studying for the GMAT. Apply to T10 business schools with a total of 4-5 years work experience.
All is not lost.
You could also start networking with smaller, regional boutiques in whatever region you will be working in. They all hire on an ad hoc basis, and you never know when a spot will open up. That might not be the best move if you want to do an MBA, but it could be a good segue into a more reputable firm after a year or two at the regional boutique.
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