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Once hired by the firm, after I receive my first paycheck, I am willing to pay my first weeks salary to the individual whose efforts resulted in me being hired by the firm.

I am looking for an entry level (0-3yrs) position in asset management or private equity. Some responsibilities I would like to have are building financial models (including valuations or trading models) or econometric models, interpreting models to help make investment decisions, analyzing prospective investments, researching the company, bond covenants, etc, and being able to recommend investments or strategies. I am absolutely willing to learn, meet strict deadlines, and work long hours. I would like to work in NYC or Boston, but I am open to other locations.
http://www.razume.com/documents/15461

Comments (55)

  • net2adeolu's picture
  • judowned's picture

    I like your style

  • laudrup10's picture

    Math major killed your GPA huh? I know how it feels =[

  • bluefalcon's picture

    Completing my math degree did lower my GPA. In my defense, I completed the entire degree in my senior year.

  • blong131's picture

    great initiative, good luck in your search

    _________

    John Tabacco's raw, unique market commentary based on real information from real short sellers:
    http://www.TheDailyShortReport.com

  • bluefalcon's picture

    Thank You! I appreciate it.

  • whateverittakes's picture

    Gross or after tax?

    You won't land any thing in private equity unless you are a best-of-the-best from a top 5 UG, already have investment banking experience, or get a spot at a crappy boutique PE shop. Focus on asset management. Your resume is definitely more impressive than mine coming out of undergrad.

  • arn0601's picture

    pretty impressive resume ...yet at first glance would doubt your abilities/skills in the technologies that you listed. i presume that you have had experience with all of them, but to say that they are a skill of yours? Esp with the fact that you list no relevant coursework / internships / outside projects in those technologies. A lot of strong technical guys would have a tough time listing all of those languages as a "skill"... An interview with a senior technical person who will quickly change your opinion of what it means to list those languages as a "skill", as there are many intricacies to those languages...just my 2 cents from experience.

    But since you are going for AM/PE there is a really good chance no one will call you out on those skills so it def. adds to the impressiveness.

    I could be completely wrong and you could be some baller dude and so if thats the case my bad...that's one pretty sweet resume. I think I can forward your resume to a couple places.

  • bluefalcon's picture

    Arn0601,

    Your right, C and C++ are difficult languages. I would argue that most programmers or software engineers feel as though they haven't fully grasped both of those languages, as you mention.

    At the same time, I am comfortably proficient in each of the languages listed. Most of the languages were gathered through various classes. In high school, I started learning C and C++ in a class. During that same time, I started using Linux, Red Hat, and while in college, Debian and Ubuntu. To make things easier, I started learning Unix commands, which inevitably lead to me making custom scripts to make multiple tasks easier.

    As for Java, as a mathematics major I had to take a Java programming class. Having a background in programming, I started as young lad with Basic and QBasic, I decided to really spend the time and learn it. Read a few books, did all the projects required of the class. Afterward, I started working a option trading platform that would recommend option strategies based on the risk profile of the user. The idea was to utilize real data so the user could invest right at that moment. The data was free and only end of day,so it never got utilized. At the moment, the source we had no longer exists.

    As for Mathematica, Matlab, and VBA, it is a similar story. I was forced to use it a class and then I would read more about it and do a bit of a side project to help me learn more about it.

    As you noted, I have never really done any programming projects for a position I have held, besides basic VBA to make my life easier. Programming to me has always been interesting and fun, so I learned it. The same reasons I learned about investing on my own at a young age and augmented it with a formal education.

  • Guest1655's picture

    If you really wanna get hired, remove Umass from Amherst, and Extension School from Harvard University

  • GoFUCKyourself's picture

    What if 2 or 3 people help you at a firm. Will you divide 1 week's pay? That's not much incentive.

    I mean assuming you're looking for an analyst job... best case you're getting 75k... weekly pay is jack shit. My firm is hiring but I'd get more utility out of using my time to make fun of you then go jack off than helping you for a grand after taxes.

  • FIASCO's picture

    I think people are just respecting his willingness to do just about anything for a job. Something like this takes balls

  • LIBOR's picture

    Yah My BB pays 5K for recommending someone for a position (they need to accept too). So someone could help you get a job there, get your first weeks pay, and maybe even be able to get the 5K from the bank too.

  • In reply to GoFUCKyourself
    ThaVanBurenBoyz's picture

    wingman12:
    My firm is hiring but I'd get more utility out of using my time to make fun of you then go jack off than helping you for a grand after taxes.

    Eh, go with the former. I don't think many people here are itching to work with you.

  • FrankersUCB's picture

    Do BBs pay the 5K for referral for entry level analysts?

  • CompBanker's picture

    52 weeks in a year and ~70k base would amount to a little over a grand, pre-taxes, for 1-week's pay. This is a pittance to pay to get your foot in the door in the industry considering your resume and the current economic climate. A 3.2 G.P.A. from Umass Amherst with no transaction / banking experience will make PE a real longshot for you. I don't know the requirements in Asset Management, but I do have a friend with IB / PE experience who is at HBS right now and had difficulty securing an Asset Management summer internship due to heavy competition for these spots. I'd imagine the same difficulty exists pre-MBA, but this is ultimately just an educated guess.

    In conclusion, I'd place the value of someone getting you a legitimate PE job at your 1st year bonus, less taxes. I know I would have gladly surrendered my 1st year bonus if it meant the difference between my breaking into the industry or getting stuck on a less desirable career path.

    CompBanker

  • In reply to ThaVanBurenBoyz
    GoFUCKyourself's picture

    ThaVanBurenBoyz:
    wingman12:
    My firm is hiring but I'd get more utility out of using my time to make fun of you then go jack off than helping you for a grand after taxes.

    Eh, go with the former. I don't think many people here are itching to work with you.

    I wouldn't want to work for me either... in fact, i hate most analysts, lol, i get great pleasure making them look and feel stupid (except the 10 percent of them who actually make my job easier, those guys are spared my wrath)

    as always, i'm amazed at the number of people on this board who give advice who don't work in banking

    the only way you can tell if someone in banking is writing these posts is if the response is bitter

  • In reply to GoFUCKyourself
    ThaVanBurenBoyz's picture

    wingman12:
    ThaVanBurenBoyz:
    wingman12:
    My firm is hiring but I'd get more utility out of using my time to make fun of you then go jack off than helping you for a grand after taxes.

    Eh, go with the former. I don't think many people here are itching to work with you.

    I wouldn't want to work for me either... in fact, i hate most analysts, lol, i get great pleasure making them look and feel stupid (except the 10 percent of them who actually make my job easier, those guys are spared my wrath)

    as always, i'm amazed at the number of people on this board who give advice who don't work in banking

    the only way you can tell if someone in banking is writing these posts is if the response is bitter

    Actually, we can't even trust you're really in a position to make analysts look stupid, let alone work in banking, or in anything for that matter. Thankfully there are enough people with stars next to their name on here to point out the good advice, and the bad.

  • TNA's picture

    ^^^ While I will agree that wingman is kind of a dick he is in fact an Associate. Reputation in banking is pretty important. It would take more than a grand for anyone sane to recommend someone. A sign on bonus might be lucrative enough though.

  • Mo's picture

    It definitely requiress some effort like this for people to know that you are willing to do whatever it takes. I am sure a guy with a good head on his shoulders would know that you will not let them down if you get the job. Good luck!

    Maybe I do not have quotes under my name on google, but I KEEP IT REAL

  • Cmoss's picture

    This is awesome. I could see this type of proposition gaining some serious momentum. Shoot if it meant a lifetime in the industry why wouldnt someone pay their year end bonus for a one time "entrance fee" for hardworking kids from "not-a-chance-in-hell-non-targets"

  • ElijahPrice's picture

    Grr, was just going to post that.

  • DJ LIBOR's picture

    posted on dealbreaker, yeah haha... props on having the balls to admit to harvard extension

  • MMBinNC's picture

    lol, doesn't this constitute a kickback?

    Reality hits you hard, bro...

  • Kanon's picture

    Not only posted on DB, but also identified... See post #85 - the guy posted bluefalcon's supposed linkedin account.

    Well, since you're telling the truth as opposed to pulling a Aleksey Vayner, being outted is not really a bad thing. In fact, your linkedin is probably being viewed by a lot of potential firms looking to hire a kid ballsy/hungry enough... so good luck.

    Edit: bluefalcon... if #85's linkedin link is indeed yours, my suggestion would be to get rid of your subtitle 'An American Financier' under your name. That sounds douchey.

  • bluefalcon's picture

    Kanon,

    Thank You! I appreciate it.

  • mr_bigglesworth's picture

    I have to agree with the dealbreaker comments. Unless you put no effort into your LinkedIn profile, your writing skills are severely lacking. Your "An American Financier" title makes you sound like an enormous tool. "During the next ten years, I will complete the CFA program, earn my CPA, complete an MBA at a top university, start my own firm, and finance many types of projects or ventures." just makes you sound like a retard.

  • bluefalcon's picture

    mr_bigglesworth,

    Thank you! Your right, it does. I need to rethink exactly what I want to say there.

  • TNA's picture

    I am glad to know that WSO is not the only place where lame ass college kids come to shit on people. Seriously, I can just visualize the 150lb soaking wet nerds clicking and clacking on the keyboard with a hard on because their SAT scores were higher than this guy.

    To the OP:

    1) You are not going to get into PE. I don't care if you give half your yearly salary

    2) Set your sights on a boutique IB, corporate banking, fixed income shop, something of the like. Maybe getting a junior analyst role at an AM shop is something reasonable, PE is not

    3) Remove Harvard extension school. It is not helping you

    4) Get rid of all that programming stuff and lexis nexis

    You have epic balls. That is good. I think offering cash is probably illegal or at least unethical. Not to many people are going to put their neck on the line for you. Try networking in Boston and find a small shop to start at. Maybe get a more relevant internship.

  • bluefalcon's picture

    AnthonyD1982,

    I agree, PE is a long shot, but it was worth mentioning just in case it did work out. I have been working on getting into International Fixed Income, as a junior analyst, as well as other AM places. Yeah, Harvard University Extension school did not go over very well. Absolutely editing my resume after all of the comments I have received. I have a job at the moment, but I will be on the look out for a more relevant job or internship. As for networking, I do that constantly. Thank you for the advice! I will use it.

  • Kanon's picture

    One other thing you may want to be concerned with... is your boss/colleagues going to be able to trace all this back to you actively searching for a new job. If any of them are familiar with WSO or DB, this will come back to you.

    If they already know you're looking, fine the publicity can help... if not, well, you may want to consider asking Bess/DB to take down your linkedin link lest you want to risk your current job.

  • fhurricane's picture

    I will pay someone $10000 if they help me get a job. No joke. Pm me if you want my resume.

  • In reply to Midas Mulligan Magoo
    proforma's picture

    Midas Mulligan Magoo:
    Hmmm....I smell a niche market developing...

    Somebody needs to develop a job auction site, similar to Ebay. Think of the cost savings for employers if they could auction off their coveted jobs to desperate people.

    I wonder what the market rate would be for a PE job. I would say one year's salary (paid over time).

  • slim_ibd_shady's picture

    I AM WILLING TO SHARE 50% OF MY SALARY WITH SOMEONE WHO CAN FIND ME A JOB JUST LIKE THAT THAT PAYS $70K~80K.

    I'm dead serious

  • MsCleo's picture

    Ditto what slim ibd shady said. I'll happily give half my first year salary to somebody who finds me entry level AM work.
    http://www.razume.com/documents/15511

  • IronkidMS's picture
  • IronkidMS's picture

    i think this post definitely just gave someone a new biz plan/idea for a website...props to OP.

  • In reply to TNA
    LeatherPantz1's picture

    AnthonyD1982:
    I am glad to know that WSO is not the only place where lame ass college kids come to shit on people. Seriously, I can just visualize the 150lb soaking wet nerds clicking and clacking on the keyboard with a hard on because their SAT scores were higher than this guy.

    To the OP:

    1) You are not going to get into PE. I don't care if you give half your yearly salary

    2) Set your sights on a boutique IB, corporate banking, fixed income shop, something of the like. Maybe getting a junior analyst role at an AM shop is something reasonable, PE is not

    3) Remove Harvard extension school. It is not helping you

    4) Get rid of all that programming stuff and lexis nexis

    You have epic balls. That is good. I think offering cash is probably illegal or at least unethical. Not to many people are going to put their neck on the line for you. Try networking in Boston and find a small shop to start at. Maybe get a more relevant internship.

    Epic balls? A) let's not get carried away, B) balls and desperation aren't the same thing. Hard to see what's ballsy about this--this guy has nothing to lose, no job and no reputation to sully. With nothing at risk but what's left of his pride, how is this a risky gambit. It all looks careless to me. Spelling mistakes, foolish statements that belie a meaningul understanding of the industry or what industry practitioners want to see.

  • bluefalcon's picture

    LeatherPantz1,

    Thank you for the comments! I have started to edit my resume, linkedin profile, etc. Obviously, there is a lot of work to be done, but I have learned a lot from the experience.

    You maybe right that it might not have been a ballsy thing to do, but I think putting yourself out there for the public to criticize does take some courage. In addition to the initiative and creativity it took to come up with the idea to try to buy a referral into a dream job and follow through with it. You are right though, I had nothing to lose or, in my opinion, very little as many people viewed this initiative positively and from the responses I have received respected me for it. Ultimately, my success is up to me, and I am determined to succeed.

  • IlliniProgrammer's picture

    Any interest in working as a quant developer? It looks like you might be a good fit for a couple of open positions in a BB's analytics group. Naturally, you'd need to survive a tough interview on data structures (linked-lists, trees, hash tables, arrays) and algorithms, but if you can code in C++, you probably already know this stuff pretty well. Send me a PM if you're interested, and we can talk about forwarding your resume along- I just need to find out what your competencies are as a programmer.

    Naturally, I can't take your money.

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