MBA grad, what now?
Hi,
I recently graduated from an American school with an MBA degree, im also on track to get an engineering degree in finance from a European school in June. I have found no luck getting any leads on my job hunt. Of course, my main goal would be Wall Street, but Im starting to think that I am aiming too high? Im am an EU national, but I have extensive experience abroad...impossible to find an adequate job in the US?
I gather that I slipped on the whole "internship" wagon, but there was no time at all for me to get into it because I was doing 2 schools full time:S
Any other MBA grads out here? A lot of the internship positions in Europe are only for students that require internships for their schools [credits], other positions require 2+ years of experience. I do not fall into any of those categories...
Any insight would be appreciated:)
No advice for you I'm afraid, but this is one of the reasons people should NEVER do an MBA right out of undergrad.
I guess I did not read the memo somewhere...in my book, Grad>undergrad? But I do feel like Im stuck "in-between"...
Sounds like you are a career student just racking up degrees with no apparent purpose or direction. Nobody likes those types LOL
Lol I think that being a European, we have a different mindest. In my mind, my education would not be complete without a graduate degree. What I dont understand is why firms are not opening their doors to me, if I am looking for the same opportunities as an undergrad student, but I am more qualified...
Especially with the unfavorable market in the past couple years, I thought there were more people in the same boats as I am in, that many people would choose to re-qualify rather than being unemployed for a year or two?
What you don't seem to grasp is that 90%+ of what you learn in undergrad and Bschool is worthless without experience to put it into perspective. That is one of the main reasons that top business schools average 4+ years of experience for MBA students. Also, if you are striking out completely with on campus recruiting I am going to assume you are not getting your MBA from a top school which is another big problem. You seem to fall into a category that is a little out of place. You have an MBA but no experience, the most important part, which makes you unsuitable for many jobs typical MBA's will be applying for. On the other hand you are out of place when applying to typical undergraduate jobs as well. You might be seen as overqualified, looking to take anything and bolt as soon as a real MBA job comes along, or unfocused in your pursuits.
You need to network and be able to explain your story to someone to have a real chance. You don't seem to have a good grasp of how things work in the US so finding someone to help you out will be key. Keep plugging and network, blind resume drops are not going to get this done for you.
sry bro. this is not how it works. just network and cold call til you get something.
Where's your MBA from?
Keller
Or Jack Welch
It is ranked 9th for graduate entrepreneurship programs nationally, 46th in the country by BusinessWeek for the undergraduate business program in 2009. I get that it isnt Ivy league, but it also isnt an "online" degree as others have suggested:)
Like someone said before your main issue is the lack of work experience. If you're going to be making 150k+ as an associate in finance, they want people with a proven track record. It may be a little different in Europe, but I doubt it. I'd start working my ass off looking for internships if I were you. You might be able to impress someone enough to get a job. Keep in mind bulge bracket banks and top boutiques aren't the only places to work in finance. In fact, you'll probably have a better shot aiming at a smaller firm.
Anyone who thinks that doing an MBA right out of undergrad will put them ahead of their peers is infinitely wrong. I knew a guy who went to HBS right out of undergrad, he ended up doing an internship at a BB as a SUMMER ANALYST not an associate. It was just weird and let's just say he had a lot of explaining to do.
^^^No way really? I would think if you are able to get into a top 3 MBA right out of undergrad than that would be a different situation...
However--that might have been his goal. Think about it. If he becomes an associate he is stuck. But as an analyst he can move to PE as a pre-mba associate and then promote directly to post-mba associate.
He tried to get in as an associate but they didn't let him because he had no experience whatsoever. He's doing something completely unrelated to banking now.
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