Are there no alumni from your MBA that work at the HFs your interested in? I think your problem is that most top tier MBA programs don't really grade on a proper letter scale, so the comparison is basically moot.
Life's is a tale told by an idiot, full of sound and fury, signifying nothing.
Thanks guys. My alums at 2 top funds really didn't respond sadly. I'm not sure how aggressive I should be with them either.
And thanks for the intelligent response and monkey shit Sanity Check. I'm probably more talented and experienced than half of them but still you're right man... mom and dad weren't rich enough to pay for my FT MBA so I deserve to have people in front of me because of that and that alone. No biggie.
Wait so you did two years of banking and couldn't afford to take a loan to cover the incremental cost going to a top tier MBA program? Sounds like you botched it big time, may want to check that RoC calc brah
I'm probably more talented and experienced than half of them but still you're right man... mom and dad weren't rich enough to pay for my FT MBA so I deserve to have people in front of me because of that and that alone. No biggie.
What makes you think people's parents are paying for the MBA? The chip on your shoulder doesn't help your situation. There are other MBA programs that have great recruiting but you'll still have to come to terms with the cost. Have you considered funds more closely related to your experience in corporate banking?
i guarantee i went to more of a non-target than you did, definitely have an infinitely worse background and i landed my gig straight out of college. shut the fuck up, stop whining, man up, and grind harder
I've heard this current mba moan about three times this month... maybe go to sell side equity research, get very good at it and then transfer to a client... just an idea.
Plenty of people at top MBA programs that have parents who can not help pay, and didn't do banking before going back to school...you either couldn't get in or just made a bad decision (especially if you did a part time MBA at a lower ranked school)...as others have said, the reality is there are very few spots and a huge number of applicants...there is no logical reason why you should be put in front of others from better schools...stop whining and work harder.
And to your question about how firms can make money if they hire from brand names and aren't rational? It's pretty rational for them to go for brand names only, especially when they want to make recruiting as efficient as possible...there is a surplus of qualified candidates at top schools and top schools have also vetted them, why should they look elsewhere? You'll have to find a way to prove you're pretty phenomenal to get in ahead of them
What did your MBA really teach you about investing? Get a job on the sell-side or at an asset manager and get some real experience. If you got a perfect GPA, you probably didn't spend enough time socializing or recruiting...
What area of the banking profession were you in? Obviously IB would hold you in good stead in addition to the MBA you already have. If its commercial banking then it that becomes a lot more challenging as there is a perception that commercial banking is generally more laid back, requires less business savvy and having not had the same exposure to complex transactions.
I went straight to the buyside and went to a non-target undergrad. I'm looking at leaving and haven't had issues with funds (I have had issues with recruiters, who prefer the two years of banking background).
The recruiters have said no one cares about the schooling once you break in. I don't think this is your issue.
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Are there no alumni from your MBA that work at the HFs your interested in? I think your problem is that most top tier MBA programs don't really grade on a proper letter scale, so the comparison is basically moot.
Yes, how will these funds with 1 spot open for 1000+ candidates from HBS/Wharton ever make money? Those idiots!
Why don't you look at funds who don't exclusively recruit from those schools? Or look for alums from your school and talk to them.
I wrote case studies of both an equity and a distressed/credit investment. Sent them with my resume everytime.
Worked for me, and my resume was guaranteed to be less impressive than yours.
Bingo
Thanks guys. My alums at 2 top funds really didn't respond sadly. I'm not sure how aggressive I should be with them either.
And thanks for the intelligent response and monkey shit Sanity Check. I'm probably more talented and experienced than half of them but still you're right man... mom and dad weren't rich enough to pay for my FT MBA so I deserve to have people in front of me because of that and that alone. No biggie.
Wait so you did two years of banking and couldn't afford to take a loan to cover the incremental cost going to a top tier MBA program? Sounds like you botched it big time, may want to check that RoC calc brah
What makes you think people's parents are paying for the MBA? The chip on your shoulder doesn't help your situation. There are other MBA programs that have great recruiting but you'll still have to come to terms with the cost. Have you considered funds more closely related to your experience in corporate banking?
i guarantee i went to more of a non-target than you did, definitely have an infinitely worse background and i landed my gig straight out of college. shut the fuck up, stop whining, man up, and grind harder
I've heard this current mba moan about three times this month... maybe go to sell side equity research, get very good at it and then transfer to a client... just an idea.
Plenty of people at top MBA programs that have parents who can not help pay, and didn't do banking before going back to school...you either couldn't get in or just made a bad decision (especially if you did a part time MBA at a lower ranked school)...as others have said, the reality is there are very few spots and a huge number of applicants...there is no logical reason why you should be put in front of others from better schools...stop whining and work harder.
And to your question about how firms can make money if they hire from brand names and aren't rational? It's pretty rational for them to go for brand names only, especially when they want to make recruiting as efficient as possible...there is a surplus of qualified candidates at top schools and top schools have also vetted them, why should they look elsewhere? You'll have to find a way to prove you're pretty phenomenal to get in ahead of them
What did your MBA really teach you about investing? Get a job on the sell-side or at an asset manager and get some real experience. If you got a perfect GPA, you probably didn't spend enough time socializing or recruiting...
What area of the banking profession were you in? Obviously IB would hold you in good stead in addition to the MBA you already have. If its commercial banking then it that becomes a lot more challenging as there is a perception that commercial banking is generally more laid back, requires less business savvy and having not had the same exposure to complex transactions.
I went straight to the buyside and went to a non-target undergrad. I'm looking at leaving and haven't had issues with funds (I have had issues with recruiters, who prefer the two years of banking background).
The recruiters have said no one cares about the schooling once you break in. I don't think this is your issue.
Also, going to biz school and not an elite one is a waste of time for our industry. It doesn't have to be Harvard/Wharton, though.
Maybe talk to a recruiter and see what's up?
Also, going to biz school and not an elite one is a waste of time for our industry. It doesn't have to be Harvard/Wharton, though.
Maybe talk to a recruiter and see what's up?
Tempore quo dolore quos expedita incidunt. Ad voluptatem inventore beatae esse.
Nesciunt maiores voluptas facere. Dolor vel sequi dolores illo voluptate ea iure vero. Aperiam provident fuga ut qui laboriosam consequuntur.
Eius sit natus asperiores itaque tenetur. Aut quis quidem dolor laboriosam. Dolorum et ut nihil ut explicabo error consequatur. Ut illo debitis fuga voluptas velit unde. Maxime ullam dolor sunt accusamus quia. Dolore rerum quae incidunt qui recusandae assumenda. Totam velit et pariatur reprehenderit et natus cumque.
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