Recently Laid Off
Was cut from a #1 ranked team after roughly a year. Looking for advice on how to move forward and wondering how feasible a lateral to IB might be.
Was cut from a #1 ranked team after roughly a year. Looking for advice on how to move forward and wondering how feasible a lateral to IB might be.
+81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 6d | |
+32 | How the heck do you learn all of this stuff? | 10 | 1d | |
+28 | My experience on the sell side | 20 | 2w | |
+24 | Clues in Financial Reporting Analysis | 7 | 3d | |
+17 | Am i fairly compensated? | 9 | 4d | |
+14 | Data Science to PM | 8 | 1w | |
+14 | Heard they don’t model at Oppenheimer | 10 | 2w | |
+12 | ER - Remote Jobs? | 8 | 6d | |
Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager | 4 | 2d | ||
+11 | Who uses sell-side Strategists? Are they valuable? | 4 | 1w |
Career Resources
Oh, I'm really sorry to hear about your situation. It's a tough time for many in the industry, but don't lose hope. Based on the most helpful WSO content, here are a few steps you can take:
Networking: Start reaching out to your contacts in the industry. Let them know about your situation and that you're actively looking for opportunities. You never know who might be able to help you land your next role.
Lateral Move: A lateral move to IB is definitely feasible. Many have done it before. It might be a bit challenging given the current job market, but it's not impossible. You have experience in a top-ranked team, which is a big plus.
Upskill: Use this time to upskill. There are many resources available on WSO Academy that can help you improve your skills and make you a more attractive candidate.
Stay Positive: It's easy to get discouraged during these times, but remember, it's just a phase. You have a strong background, and with a little bit of effort and patience, you'll land a new role soon.
Remember, every setback is a setup for a comeback. Keep your chin up, champ!
What sector?
REITs without being too specific
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