I am a second year MBA at the University of Texas. I really want to go into the energy group of an ibank. I have good grades, good GMAT, but I have no previous finance experience. All the ibanks energy groups typically recruit here for their Houston and Dallas offices. This is just a bad year though.
Although I have had a half-dozen interviews and a few second rounds, none have worked out. There are just very few positions out there. I have also spoken with a lot of banks that are just sitting out this year as far as recruiting goes.
So I am trying to decide the best direction for the year after I graduate. I can either try to get a commercial banking, corporate finance, or trading job and then keep in touch with the ibanking contacts I have and hope to make the transition later.
I also thought about applying to the LSE Masters in Finance program. It would get me something else strong on my resume, keep me tied up for a year, and give me more finance experience.
What are your thoughts?
how bout getting some experience in the energy industry? they pay well anyway, will be prospering for the next couple of decades for sure, and maybe you'll get worthwhile connections there that will aid your future career if you're still interested in going into banking. frankly i think you might enjoy pe better and i believe (tho this is entirely speculation) that you will be able to get into pe more easily than into banking from energy (industry)
if you had 6 internviews sounds like plenty out there
did u try interviewing at the smaller MM firms? or did you just go for the BB?
What about working for the corporate division of Chevron or some other energy based company out there in Houston. There is also a lot of energy VC in the area.
Yup buddy agree with dagro and junkbond.. try getting some relevant work experience (try the finance department of the energy companies).. learn to crunch numbers and get a feel of the energy industry.. i know most pple will want to avoid this but u can always try the big 4 acct firms.. think far alrite
Chervon, Shell , GE and Conoco all have MBA programs.
JP, ML, GS, MSCG, DB and CITI have MBA programs for S&T
lots of energy related jobs in Houston as well for MBA's
Eos sunt quia nostrum delectus assumenda et. Porro quo et accusamus minima quibusdam. Esse voluptates esse id incidunt quia non. Nisi quia molestias odit et vitae libero ipsa. Sit eum delectus aut exercitationem deserunt blanditiis ab et. Earum voluptatem illum ut qui hic blanditiis sit. Et voluptatem odio ut eius.
Consequatur dolorem voluptatibus animi doloribus rerum et aut porro. Unde et facere consequatur aut ut. Consequatur ab inventore quasi consectetur qui vitae voluptas. Ex quibusdam sit est totam quis. Cum recusandae doloribus culpa qui aliquid accusantium architecto.
Et nisi esse optio nemo at. Est cupiditate incidunt consequatur est ea ut officia. Quis illum tempore eligendi sapiente non. Eos accusantium explicabo pariatur cum esse et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...