quant question

Hey I am a college junior and I missed the chance to apply for an internship, so I am looking to get a master in financial math, and I was wondering what are the job prospects for that? my gpa is a 3.4 coming for a lib arts school where I major in art history and economics, but I have taken more than enough math classes.

 

If you're a college junior right now, you definitely haven't missed the chance to apply for summer internships for the upcoming summer. Most IB firms do their recruiting for summer analyst positions throughout January and February.

Can't help you out with your other question though, sorry Falcon

 

The problem I have is that I do not attend a target school and I havent been able to make a contact in a bank. I went to career services got a list of alumni and started talking to them, but as it is now I doubt I would be able to get an interview at the moment, so what I was thinking was I could go to a graduate program at a school with a better name such as Berkeley and then after I graduate work in IB.

 
Best Response

Falcon, the fact that you don't come from a target school doesn't mean shit. Don't let anyone tell you otherwise. Work hard to find an internship somewhere, even if it is with a "boutique" bank. They provide great experience and can get you interviews with the top-tiers come your senior year. This is what I did and it ended up landing me a job at a top-tier bank (and I come from a non-target school). If you don't have contacts...make some! Call up banks' HR depts. and ask them to put you in contact with Analysts you can talk to about the IBD. Bottom line: show initiative! Believe it or not, lots of I-banks let their junior guys sort through the resumes to decide who gets an interview, and if you've taken the time to call them up, they will be (or at least should be) impressed. Just make sure you have done a lot of research beforehand and can sound intelligent on the phone. Graduate school I wouldn't recommend right away. Most respectable programs want you to have some experience first. It's better to take a job at a mid-market firm and fight your way into a bigger bank's IB. Best of luck my friend!

 

Voluptatem laboriosam alias architecto vero ea repudiandae ut fugit. Molestias eius ea incidunt nobis. Accusamus perferendis hic eaque aliquid adipisci nihil possimus. Sed ex qui et. Error expedita aliquam non nostrum omnis iste animi est.

Accusantium tempora ut fuga soluta. Neque quo eveniet ut recusandae libero dolor hic. Voluptas laborum autem maiores nam.

Sunt voluptates impedit dolores non ea. Error est ipsum accusantium quidem. Non quia quod corporis quo. Illo minima ullam exercitationem velit odit. Eum aut similique omnis at optio omnis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”