Just wanted to share some info. and hopefully solicit some thoughtful advice.
During the summer of 2008 I was a SA at Russell Investments in their Investment Management & Research Division. I worked with the Alternative Assets Group, specifically the Real Estate team, and essentially conducted extensive manager research and also composed and published a white paper on the property derivatives market.
It was a competitive internship, with only 8 SA's out of 1200+ applications. At the end of the summer I was fortunate enough to be 1 of 3 interns to receive a full time offer (58,000 base, 8,000 sign-on, and small year-end bonus).
Unfortunately, the demise of Lehman devastated Russell and they ended up rescinding my offer around late November. At that time, most of the OCR was over and I struggled for several months to even get an interview. I ended up interviewing with CIT Group in late February '09 for their Financial Analyst Program (they had an analyst back out, leaving one spot open). I went through the interview process and they really liked me and wanted to extend me an offer, just to find out that they had to cancel the program due to cost cutting measures.
Months went by and I still had no luck in securing a full time offer. I was contacted again by CIT in late May about an Internal Auditing position. I decided to interview for the position and was subsequently extended a job offer. I took the job offer on fear that I wouldn't find anything better. Now, here I am at CIT, completely miserable as an auditor.
My school is allowing me to participate in full time recruiting this fall. Do I have any shot of obtaining a full-time IB or AM position even though I've already graduated? Should I bother putting CIT on my resume since I've only been here for a couple of months? Also, for background, my academic credentials are not strong (in terms of industry standards). My cum. GPA is a 3.4 and my SAT's are low (1210 combined). However, I know I proved myself at Russell, but I'm not sure how to convey that on a resume.
Any advice, suggestions or insights you might have would be a huge help.