Hey everyone at WSO,
Thank you all so much. I didn't exactly break into IB like I hoped but I received a offer for a role in Ops at a BB. I know you all tend to shit on it but Im glad to have an offer in the same area with FO people and in a bank where I have connects who just made the switch from MO to FO. All the advice, articles, and discussions on this site are the reason I feel I got the role. I also know I am the youngest on my team, I credit that with you all too.
I plan on working my ass off more than I did at my Non-Target, get my CFA, network better/harder, and hopefully end up where you guys are it (just a little later than I hoped I guess).
I mean it guys, this site is the shit. If I had some more time maybe I could have got in with a FO role at a IB but as someone else on the site said recently 1 in the hand is worth 2 in the bush.
So thanks. Ill keep reading, improving and hopefully break into the big leagues real soon.
Congrats!! Maybe during this ops role you'll realize that IBD isn't what you actually wanted to do. who knows
Congrats man, work hard and you might be able to make the Ops -> FO jump!
Did you graduate already?
My most successful friend started his career in Ops and now makes crazy amounts of money in a FO role. It is what you make of it.
Yes, I graduated in May
You've got a great positive mental attitude. Congrats on the offer!
Only retards are talking shit on Ops. Most of them are just in college or 1st year analyst and don't know shit. Congratulations and keep the attitude going.
Congrats, just work smart and you'll get to where you want to be.
Congrats man!
Congrats!
Anyone have any useful advice on making the switch to FO? I know I'm really going to need to network my ass off and establish a strong work record. Any pointers from the more experienced group?
There are many roads to Rome:
Just a few quick ones.
There's been a number of stories on WSO of MO --> FO or similar... just need to search a bit. : )
I would suggest checking out your BB's internal mobility site - sometimes there's a list of people (representing major groups - IBD, Research, S&T, etc.) that are "mobility reps" or "mobility champions" - they are people you can talk to and they can give you some advice on how to make the move.
You should also try to meet with as many people as possible - go various programs/seminars run by IB/Research/S&T groups, set up coffee meets, etc. You need to get the word out to the groups you're interested in making the move down the line so they know you're looking... so if postings come up, that you'll be considered before they look externally.
But for the first few mths, focus on doing well in your current job. Can't transfer unless you're a good performer. And typically internal transfers want you to have been with your current group for 1 year minimum. Given that, you should probably start 'networking' maybe ~4-6 mths into the job. So that you have time to build some rapport with people.
As you'll have a bit more free time in MO than you would otherwise have had in FO - use that free time to brush up on financial modeling, valuation theory, etc. or if you're looking to move into S&T - bond math and derivatives, follow the markets, learn about the different groups within S&T and what they do (at my old bank, some IBD and S&T groups had marketing or ppt materials shared on the intra-web, so you can download and read). This way, if any interviews do come up, you aren't scrambling to study at the last min, and also during coffee meets or whatever, you can tell them that you've been doing your homework and if they decide to throw you a few interview questions, you can get it right and demonstrate you're serious about FO.
Congrats and best of wishes. Work hard and get what you have been striving for so long.
awesome, congrats man. Working & Kanon, great advice.
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