Worst Job Hunting Mistakes
It is the fall and interviews are here for some and coming for others. Though the same questions are asked and the same obstacles faced over again, it seems some never learn. It is never any one single thing that gets you the job you want, unless we are talking about the eternal present 800 pound gorilla.
Preparation. Knowing what needs to be done and actually doing it in a timely fashion. It is easy to get hung up on statistics and eye catching talents, reality is far simpler than that. Just follow the steps and you will get there. In fact, as the following article suggests, simply not making certain mistakes can get you the gig.
Here's my take on the points raised, feel free to add some of your own. Hopefully, the guys and girls out searching in this barren job market can get some use from it.
The 10 Worst Mistakes...
1) Should Have Started Looking Earlier
Glad this is the leadoff point. If you don't have recruiters strolling down your school's hallways, you will have to network. It is harder today than ever before. Better get cracking. Yesterday...for two years from now.
2) Should Have Networked
Yep. Can't repeat it enough. Calling strangers you couldn't give half a fuck about and acting like you really care about their career path is worth its weight in groupie gold. For everyone wondering "why not me?" there's someone asking "what does your day look like?".
3) Should Have Added Internship to Workload
I understand that you guys are force fed this G.P.A. shit all of your lives, but the ugly truth... it doesn't matter. You don't know crap about shit coming out of college, that is why they are forced to look at grades. Most any experienced person in the industry will tell you that three or four internships spread out over a college career means a lot more than an extra tenth of a grade point. Remember that.
4) Should Have Pursued Career Relevant Extra Curriculars
People will look at you like a complete fucking moron when you say "I have a passion for markets" while seeing that you chaired your community college's OWS campaign. Pick a goal. Work towards it. Be patient and supplement it with boring and perhaps useless shit that says "I want this". It will pay off.
5) Should Have Applied to More Jobs
Today's automated everything process makes job applications more tedious the ever. Give yourself a quota of applications per day. Even if it is just one or two, put the time into personalizing and customizing every answer that gives you the option. Research the firms, talk about what they have done, please, please, please do not copy and paste,that's called the Chiang Vayner Expressway.
6) Should Have Focused More on Becoming Professional
Where's the troll with Bieber bangs and the Louie V. satchel? That is not professional. That is a caricature. This is where the internship trumps everything. Follow and emulate. 99.9% of Wall Street is about being a good sheep that follows the herd, save that rock star shit for when you are banging chicks who should be your granddaughter.
7) Should Have Done More to Figure Out Goals
Again, try on a pair. Walk around a while. See how they fit. Personally, I love expensive suits and shoes and watches. Conversely, I am allergic to confined spaces, sitting still and playing well with others. Guess what? I will probably do better on a luxury car lot than I will at an investment bank. Don't let your wishes cloud your view of who you really are.
8) Should Have Gone to the Career Center
Yes, you should. Like... today. Don't let money worship or some fool talking shit on a website mold your misery. At least a quarter of you guys reading this post would be happy working a shit job for less loot. Remember, if you've gotten down to #8 there's a good chance you don't want it bad enough. This isn't a negative reflection on you. It means that somewhere deep down you know that you secretly want to flip burgers and home make your mayonnaise. Nothing wrong with that but if it is the case, get to mashing. The career center people can help you with that.
9) Should Have Kept Better Track of Achievements
I have stung myself with this one many times. Be a doting mother over yourself. Frame your junior high school progress reports. Every A paper goes in the vault. You never know what will tip the scales in your favor with an employer and you want the arsenal fully stocked.
10) Should Have Developed Relevant Skills
Use the fucking search function. Really, it works. If I read another question about why your PhD level Differential Equations and Brownian Motion classes are not helping in IB SA recruiting, I am going to scream. More importantly, so is your interviewer. Learn about what the required skill sets are. We all personally admire the cabbie who taught himself how to read Mandarin and recite Shakespeare, but that does not mean shit if he drives like Miss Daisy. You need to perform the tasks of the position, not something else. Versatility is great, but the job market is one of specialization.
Follow these rules and you'll have mad bread to break up, if not unemployed... on the wake up.
I laughed
Thanks man this is really help since I am a freshman at a non-target and all I am hearing is that GPA is the only thing that matters (like 3.7+ for a BB of course) and nothing else will be even looked at unless you have that GPA. So every test I take now I feel like can either land me a gig or not because its tough shit.
Thanks for the insight again and ^^^^ yea the Beiber bangs made me LOL
Crazy how i thought the same thing, i'm also a freshman at a non- target
but yo comment on the post, those are good tips and insights.
A few years out from campus recruiting now, I can say that this is a good rule of thumb: "The GPA can get you an interview, but the internships/extracurriculars will get you the job" Both are important, and both are necessary to help you land the job you want.
That's because you're in academia where this kind of mentality is always stressed. I remember some of my professors thought internships were rather useless as well. I guess they are if all you are planning on doing is staying in school for the rest of your life.
i liked the Biggie line at the end... good on you sir
I find that if you aren't getting a lot of OCR, internships are way more important.
However, you're going to get much more difficult questions throughout the interview process, and I know of quite a number of guys who had legitimate investment banking experience in their sophomore summer and then struggle to land 3rd summer/full-time.
I'm of the opinion that once you have the interview, the best interviewees are going to get offers regardless of past experience.
Interviewing is THE most important thing imo. Its one thing to get interviews, but getting offers is a whole other animal. Internships may help you by giving you things to talk about, but if you cant interview, youre fucked.
GPA is only important if a) you don't have a connection or b) you have nothing compelling the firm to be interested in you. Obviously there is a lower bound but true within reason.
.
In order of importance:
Having your dad be the CEO > Networking > Internships > GPA > EC's
11) Recognize that even with your strongest connections in the industry, recruiters are the gatekeepers. You're killing your chances if you overlook them.
I just had an internship interview at a top consulting firm and they didn't even ask about part time jobs. They did ask about internships though.
9) is crucial. You need to keep inventory of ALL of your accomplishments and be able to speak to how they've prepared you for banking, PE, VC, etc. You have to put some serious thought into these because they help your interviewer figure out if you have the drive and can really hack it. At the banking recruiting level, you can sometimes get away with some stock BS answer. But when recruiting for buyside jobs, the competition is much fiercer. Buyside firms have the veritable pick of the litter and only need to fill one or a few spots. Any hesitation or stuttering in answering these behavioral questions makes them think that you're a monkey incapable of thinking independently.
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