internet applications vol: useless?
what's up everyone...before i start, i've been searching wso for about 3 hous and didnt find my situation..
quick history on me.
bba in marketing w/ crappy gpa from sister-state school..
i chose to go get a MS-fin (cheap, non ranked)... and plan to go after an mba in the future from a nice school...
good gpa (4.0) and have two semesters left... i'm 23 years old now.
i'm not quite sure where i want to go into, but i do know that all facets of finance intrigue me... from Asset Management, to hedge funds, to corporate finance... i am, however, highly interested in PWM, or HFs... (high income customers... even though i'm from a poor background. lol)
right now... i'm selling cell phones at ATT... i cant get an internship to save my life, and networking is not even an option. my school is pretty big, but not known to put out super successful business folk. dr phil went here! (sarcastic font)
are internet applications a complete waste of time? that seems like the only way i can reach out...
i'm wanting to apply anywhere for anything.. LDPs... jobs... internships...
in dallas btw...
Try mid-cap companies in your area.
Tulsa!
Thanks John... I'll search around for that...
Las amp.. What do you mean?
anyone else have some info?
This has been echoed to me and I'm sure many others in person and through users I have spoken to on this site. Online applications can take 5 minutes so applying to a bunch is not going to hurt you but your odds are heavily against you. The most important field on those online applications is "How did you hear about us?" If you can put "Referral : Bob Joe" your odds just increased signficantly.
Unless you are a stellar applicant, you will most likely NOT get an interview through an online application without saying you were referred. You need to network even if they are RANDOM people with no connection to you. Now get to it...
If you are getting an MSF you have the tools to get some experience. Cold-email and cold-call small boutique and regional places in your area and ask for internships paid or unpaid. You need experience of some sort even if its not necessarly a finance internship, a bad GPA with a unknown school is no excuse to not secure some type of internship at some type of company.
I gaurantee your network is stronger than you believe it to be if you are getting an MSF. I am sure there is someone out there who works in a financial role, if you can't figure this out you are not ready for a career anywhere.
the networking not being an option was a serious over reaction. i just hear and read so much about people being at this school or that school.. .and my school is no where close to having major clout.
since i made the thread, i was able to garner a summer internship with Sabre Holdings this summer as a analyst, so I have been putting in some work.
i will jump on and start cold calling, and even just taking my resume to them and hope that someone will give me a chance, especially for fall '13.
I'm already thumbing thru linkedin trying to ONE person that i can reach out to...
but again, thanks for the response man. I really appreciate it.
Selling phones at AT&T ??? Trolling...
retail sales consultant. pays pretty well for a retail job. I'm working on working my way over to the corporate side.
I can tell you about mobile share rate plans, LTE devices, and bluetooth headset for days. :)
I sold phones at Verizon and video games at GameStop in previous part time jobs. Don't be a tool
I was trolling that he was trolling, jeeze - this account is my partial troll account FYI.
anyone else?
Bullshit
Not only is it always an option but it is overwhelming the best option. Networking isn't "knowing people" it is "getting to know people."
One of the major places people network is school. I'm in an MS-Fin program, and most people are like me... Trying to find that foot in the door and hoping this degree will help.
Perhaps I'm the weird one, but most of my networking occurred outside of school
Have you checked CapitalOne in Plano?
You can't get interviews from online apps? Bullshit.
There may be differences applying for IBD/HFs/etc, but I've had plenty of success getting interviews just cold-applying for RE jobs. I'll expand on this when I finish up my job search soon, but I have five final rounds that are either coming up or just happened. One came through networking, four came through online apps.
People hear that 500 applicants applied for a position and count themselves out before even applying. Now consider:
Resume typos/formatting issues. People applying to a job from across the country. Bad GPAs (despite what the consensus is on this site, most applicants do not have a 3.5) or no relevant experience.
Smaller firms will look through your resumes. They don't have the career portals where you have to fill out pages of affirmative action garbage and list every job you've had for the past seven years (and the auto filters that come with it). My current firm recruits pretty heavily through SelectLeaders (which is essentially a resume drop site for RE) when a new opening pops up, and they look at everything that comes in.
All this aside, you do have to be a good applicant on paper to get anywhere. OP, it still might be tough for you to get any headway just applying online with your stats. Networking is still incredibly useful at every stage of your career, and you should get started on it ASAP if you want a finance job.
I was just wondering if they're a waste of time. I had a friend of mine that worked as a personal banker for WF for a year, became a financial analyst, and just applied for a commercial lending analyst job.
well, he got the call back and ended up getting the job. of course, he did really well on the interviews, but I know that he just threw his app in the ring and got chose.
I guess I just wanted to know how often that happens....
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