Best Response
IamObama:
bears1208:
IamObama:
Would anyone in here take BO if they didn't get FO?
would you rather be unemployed or employed in a job you don't want?

Unemployed. I would be much more motivated and work much harder to get a job I want if I was unemployed then employed in a job I don't want

Lol this is hopelessly naive and stupid. Long bouts of unemployment are much worse for your future then working BO. It's always easier to get a job if you have one.Though I guess if you can live off mommy and daddy go for it.
 

you've still got time. i wouldn't personally contemplate an MSF, it's only a very expensive way to buy you extra time and you'll prob be in the same boat within a year.

when i was a senior, i went through +25 apps, for approx 10 interviews, 3 superdays and 1 offer (which ironically i didn't have a super day for). you're getting close given the number of superdays - it's only a matter of time before you connect with the right employer.

Good luck.

Capitalist
 

I have no OCR...

With tight analyst classes, record SA return rates, and banks' commitments to OCR candidates first... a perfect storm was born for shitty, shitty recruiting even with the ridiculous amount of references I had

I'd do an MSF clearly for the re-brand and OCR

'Before you enter... be willing to pay the price'
 

I am graduating in December and about to get an offer for an FT analyst position at a pretty well known firm that handles mostly back office work. There are three teams available for this position: PE, HF and Fund of Funds. What do you think would be best for trying to lateral hire to banking.

OR, should I go for a MSF?

 
bdiddy:
BigBucks:
If all you're doing is applying to HFs and PE coming out of undergrad I can see exactly why you're jobless.

Why are you assuming we're all doing this? I haven't applied to one HF or PE. Just IB (and yes I networked with boutiques)...

same goes for IB, apply for a variety of positions, beggars can't be choosers. That means corp fin, big 4, and even MO/BO roles... unless you're seeking further education one really can't be picky as a senior without a job. The last thing you want is to be a year out of school with nothing to show for it besides plenty of cold calls to investment banks.

 

consider graduate school. also, don't only aim at top finance jobs. if you didn't get into those jobs as an SA, it's pretty hard to break in as a senior or a recent graduate who graduated unemployed.

besides, most of IB analysts hate their jobs and leave after their 2 year stint. I don't get why so many kids on this site think it's IBD/ trading or nothing. look at consulting, corp finance, accounting, etc

 
IamObama:
Whats up - 6 interviews, 3 superdays, 0 offers...feels bad man

What'sup? You are putting your eggs in one basket.

Dude, apply for other jobs at F500 if you need a job.

If you are just shopping for a title, a company, and Wall Street only, then get ready to part of the unemployed statistics.

Power and Money do not change men; they only unmask them
 

it's a true numbers game i realized - the chances of getting into GS vs. a tiny boutique I feel are roughly the same. I know people who got into GS and not even a superday for a low middle market and vice versa.

That being said, I had 19 1st round interviews - 5 superdays - 2 offers + 1 pending. I'm sure if I had anything less than 1st rounds, I may not have gotten an offer. Keep in mind that you may be extremely well qualified and intelligent, but if there is no opening, your out of luck, or if there is one opening and you are always the second best (behind the perfect person), you're out of luck again...

 

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