Exit opps for Wall Street temps?
What is the training like and how do other banks view a 6-month stint on your CV?
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How do you interview with other companies if you are a FT temp employee? (Originally Posted: 06/08/2013)
I imagine most large companies won't schedule interviews after 5/6pm... so how do people do it? Assume you can't take days off unless you lie and make an excuse...
Depends what group they stick you with. However, I can say from experience that almost no groups will offer training. There are 3 pools of talent that firms draw from: consultants, employees, temps. They each cost the firm a certain amount, and temps cost the least. People get temps when they need bodies to throw at a project. You will not be high up on the food chain.
In terms of exits, it depends on what you did. Make sure to work hard and put yourself on some worthwhile projects while you're there. The big question you'll repeatedly have to answer is "why didn't they convert you to FT?" That's assuming you don't get an offer.
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That's the only way. Most IBD analysts take off "doctor appointment" or "urgent" days to interview.
Just schedule days off.
Internship vs. Temp Job? (Originally Posted: 05/12/2011)
So I was recently offered a position at a finance firm in NY. Though my supervisor called it an internship, I found out that it's actually considered a temp job, seeing as my employer is "technically" Adecco, a temp agency, rather than the firm that I'll be working at this summer.
I was wondering if anyone had any ideas about temp positions? I guess I'm just wondering how my resume would turn out; would it be wrong to call it an internship at the company, or should I just be saying that worked as a temp from Adecco?
What is the position called?
More info needed.
If you have nothing else, take it
How do Adcoms view Temp work (Originally Posted: 07/23/2012)
I am a recent grad and have been looking for a job for a couple of months. I interviewed and received an offer for a long term contract position (12-18months).It is a Financial Analyst (FP&A) position for a F500 (top 200). While contract work is not ideal, I think it could be a good way to gain some experience but I am afraid of how Adcoms would view this on my MBA application in a couple of years.
If it helps, I am looking to attend a top 20 school.
Would Adcoms look down on a position like this on an MBA application?
there is absolutely no reason for the adcoms to know that you were a contracting temp rather than a full time, full benefits employee. you should just keep it off your resume. "temp" has a very negative connotation, even though you aren't going to be doing secretarial work in this case.
Interested
yea i was a temp this yr for a while after i graduated and I never told anyone I was a temp. I got into all the msf programs i applied to and even landed an ER internship with only the temp work on my resume. I was always afraid I was going to get discovered during interviews though lol. Keep in mind the actual work exp is prob going to be excruciatingly mindless and boring. I had to exaggerate the job exp quite a bit on my resume to make it sound somewhat respectable. I learned basically nothing during my stint and I had a non-business related major so that says a lot. It's better than nothing and could def lead to a better position, but i would try not to have it on your resume by the time you apply to business school. In interviews it was hard for me to talk about the exp for more than a minute or two lol.
keep in mind that "temp" isn't a job title. if OP is working in FP&A, i doubt he will be doing a lot of compeltely menial work. in fact, i work in fp&a and one of our senior ops managers is a temp whose filling in for someone on maternity leave. and he ain't getting anyone coffee.
Also, you don't have to stay during the whole contract time of 12-18 months. Look for other jobs and network while you're temping. Trust me you don't want to temp for 12-18 months lol
Thanks for the advice BicepBrah and sayanarula. I'm not worried about the work being menial or "mindless". That is mostly because it would really confuse if they were seeking someone with forecasting, modeling and reporting experience as well as paying what they are offering, for a glorified secretary. What I am worried about though is that since they are not the company technically paying me (they pay the recruiting firm to pay me) that I wont get monthly, quarterly annual reviews etc and wont have a record of working for the company should an Adcom look into it.
I guess my question is to what extent the Adcoms look into ones work experience. Will they look to confirm that I indeed worked directly for said company?
I don't think they actively check to confirm work exp. However, since you're technically an employee of the recruiting firm then you can't get references/recommendations from the ppl at the F500 company. At least that was the case for me. If the temp job is a significant part of your work exp then adcoms are going to expect a reference/recommendation.
Ok so I've never really worked as a temp and applied to bschool, but why couldn't you? If your work was meaningful, you did a good job, and have a good relationship with your manager, what's stopping you?
How likely is it to obtain a full time position in BB firm from a temp job? (Originally Posted: 12/04/2007)
For a middle office position?
say youd have to be super lucky. Not to say this doesn't happen. A family friend of ours graduated from Bing in 01 or so (during that whole shitty market situation). She ended up taking a year off and then was a receptionist at a BB. Got to know one of the MD's pretty well, he liked her and thought she was bright, he had her register for the series 7, she passed easily and she was put onto a sales desk.
I think this is a one-off situation though
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