So I have been sending out emails to firms that interest me to higher ups. Just got one response back from a small firm (Hospitality) MD. He responded setting up a call. I'll ask him questions about his firm and such but any other advice for these? I gave him my resume as well in initial email. Let's me real I want a job lol but I'd obviously not spin it like that.
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What is your background? I have some pretty great experience with cold emailing and getting phone calls and interviews.
Any advice would be great.
O.K. so not knowing modeling does hurt a little for my standard pitch.
At the end of the day keep it short and concise, now is not the time for big words, a paragraph at most. Better yet, two 3-4 sentence paragraphs should work.
The subject should be : "Re: Analyst" or "Re: Analyst at Company X".
State your job, experience and school if impressive.(research who you are looking up at the company website). Say if the company is looking to hire an entry level role you already have experience doing XYZ. Don't oversell your skills. I would be upfront what the email is about, and trust me it will be much better received than beating around the bush.
State that you know the company has a formal interview process, but if Mr. X has any time for a meeting or phone call that it would very much be appreciated.
(something like the above is what you should aim for). Also, send at no earlier than 4pm as there is a HUGE chance that if someone receives and email any earlier in the day it will get ignored. You are looking for a person who probably wants a break from work for a couple minutes before they go back to working until 7pm.
Don't write an email like this:
“I have nothing useful to offer, so I’ll ‘sell myself low’ and provide free labor. Oh, and by the way, Mr. X, you have infinite time so I will keep asking you questions as I think of them every 30 minutes.”
So we had a good convo on Friday and at the end he told me to let him know when I'm in city and we could grab coffee.
I'll actually be in this coming Fri.. Too soon/weird to shoot him an email?
I would ask, it can't hurt. BUT, do preface your request with I know this is short notice but... Make it sound nonchalant, there is nothing to be nervous about it's a coffee.
No--but why didn't you mention you'd be in the city at the end of your call? You should drop him a line and say you forgot to mention you'll be in town on day X and free to meet between Y and Z if he has any time available. Happy to meet next time on more advanced noticed if you're tied up...
From my experience. There are hundreds of thousands of people that have the same experience/knowledge base as you do, and asking questions that can be found on the website / 10 seconds of googling, might put you in a pool of "all the others".
Asking questions about the guy individually will put you on the map. Ask intelligent questions about his experience, why he changed companies (most likely), was he looking for an opportunity to grow? did this company give him this opportunity? etc. HOW he found that company? (maybe it was a cold email?!!?!) find a connection or somewhere you both can relate.
Overall, there's a reason he responded to your email and took your call. I would have lied and said Ill be in the city tomorrow actually and head over there immediately to grab coffee. The more time in between meetings the more likely the situation is to lose steam. Keep the MOMENTUM. Good luck, seems like you're on the right path.
I haven't emailed him since but I'm thinking on doing so soon. However, his main advice was to learn the modeling and Argus and get my MSRE. None of those in which I have lol so it seems highly unlikely he'd offer me any entry level position. Still good contact to have and I'll try and catch up with for coffee soon.
That's pretty frustrating. No one should be coming out with a Master's degree to an entry level position, but I suppose that's the market we live in.
You have the right mentality though. Stay in touch with him.
Yeah I've finally ramped up my networking and have gotten solid responses, but EVERYONE is on vacation right now.
That feel when you can't find their email address so you message them on LinkedIn and see they viewed your profile and never responded..
I had someone accept my invitation w/ my initial "cold email" in the message box, view my profile, and then remove me as a connection.
On to the next one...
This is really frustrating.
I'm about 2/50 right now.
All this firms even small ones, are accompanied by analysts with degrees from like Wharton and such with Summer analyst gives at some big RE shop.
I'm from a reputable school but how the hell am I suppose to compete with them? Argus cert might be worth the investment and just putting it on my resume. At least better than what I'm doing now.
I'm going to shoot the guy I was talking about in my OP an email soon and see if we can meet for coffee maybe after Labor Day.
You sound like Old Gill from the Simpsons. It certainly is a tough industry to break into but not impossible. How long have you been at it? How many people did you email...50? How many of those people did you follow up with?
I studied History from a non-target school. Similar to you, I miraculously landed a job in a Corp RE Department for a public retailer doing suburban site selection and due dilligence. Also similar to you, I wanted to move into RE finance but felt it was impossible due to the competition with not only undergrad finance majors, but also MBA and MSRED candidates going for these entry level jobs. I landed a 1 year gig doing market research for a large brokerage, and leveraged that into my current role as a financial analyst for an urban multifamily developer in a major NE market. It took me 6 months of cold emails, phone calls, coffee meetings before finally landing the position.
My advice would be to stop wasting your time applying to the online job postings. Those things are filled by the time you read them. Continue to cold email, follow up with a call after 1 week. Need a talking point? Google News search their name, see if they've been involved in any large deals lately - or ask what they think of their competitor winning this project - this is stuff they care about. Don't let the rejection discourage you - in fact, always ask for their advice as well as any reccomendations as to who to contact (most will be happy to let you drop their name). Also, if someone doesn't respond, don't write them off, instead put them on your "call back in one month" list.
Thanks.
The job applying does seem like a waste but I figure I have nothing to lose. I've been emailing a contact I can find and I actually received a response back today for me to send my resume to him (he's a VP) so i'll see if this leads anywhere. Also I got a cold email response today and the guy gave me his number to call next week. I think I just need to be patient. My 1 year at my firm is up in December and that's when I can switch internally. There is a transactions team within our Corp RE department I can try to switch to as well.
So I'm getting good replies on cold emails but was thinking cold calling some firms as well where I can't find email contacts. I tired calling three already. Two receptionists had me email them my resume and what I was looking for and they would CC someone on it... no response back from assistant and other was a complete ass (thought you had to be friendly in a role like that)and basically told me to reach out to HR. My question is, how have you guys faired cold calling the contact actual number and not just the firm? I assume if you're calling an MD he'll have an assistant answer the phone?
So one head guy at a large shop think large brokerage i cold emailed..he had his assistant arrange a time for me to meet with him at the firms office. Has anyone ever done this? I was hoping to just go for coffee or phone chat first but they invited me in lol. I mean, this is I assume better but a little awkward.
Cold Emailing & Informational Interviews (Originally Posted: 12/25/2017)
Hey everyone,
I'm going to start my networking effort to land an IB gig next summer. Now, I have read several posts on this forum about emailing MD's and VP's who have some sort of connection with you. However, how do you go about getting their email addresses?
Also, I am assuming that, with this email, the next step is to attempt to schedule an informational interview to learn more about the company, their position, and form that relationship. Am I going about this the right way? Let me know. Thanks.
Literally countless threads on this...Nonetheless, you guess their email format i.e. if his name is John Smith and works at Goldman the format might be [email protected] ([email protected]). You can easily find the format of most banks from this site.
The email formats are available on the Company Database here on WSO
Cold Emailing - Meeting an MD (Originally Posted: 07/09/2011)
I have been cold emailing the MD's in IB at my BB over the last 2 weeks. Shockingly a few replied. I am meeting an MD from M&A and another from IBD Industrials. I am nervous. I wasn't expecting replies. I am in risk management but looking to break into IB through networking since I am at a non target school. What would be potentially good questions to ask? What are things a person shouldn't say?
start by using the search function. There is quite a few threads relevant to this topic.
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