Alternative path
Given that recent grads have had a harder time finding work, what are some alternate paths that could be good experience with the goal of getting back into a finance role down the road (year or two from now).
Given that recent grads have had a harder time finding work, what are some alternate paths that could be good experience with the goal of getting back into a finance role down the road (year or two from now).
| +67 | Any tips for sleeping well? | 36 | 4h |
| +50 | Wealthy Parents / Jaded | 13 | 12h |
| +40 | Background check issue IB Full Time | 21 | 11h |
| +36 | Venezuela Debt Restructuring - LAZ vs CVP | 12 | 3h |
| +34 | How are hours rn for SA (interns) | 21 | 1h |
| +28 | Q dealflow slowdown | 22 | 2d |
| +25 | HL vs WB | 19 | 15h |
| +24 | Investment Banking in Mexico | 6 | 2h |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 16h |
| +22 | MM bottom bucket bonus | 9 | 13h |
Career Resources
Corporate/Commercial Banking, Valuations, B4 TS (prob have to grind it out in audit first), CRE, Tier 2 and below Management Consulting, good FLDPs
🐐
Whether it's a bad job market, coming from a non-target school, or just late to the party, there's always a way into the career you want. I came from a no-name liberal arts college in the Midwest (not Chicago or any major city) and had no internships or really any direction coming out of school. I was even unemployed for 3 months afterwards just applying for random jobs to pay the bills. Eventually I got lucky and joined a family office CRE firm that I had no idea existed on their investment team but also worked in asset management and FP&A because of how small of a shop it was. After a few years there I figured out that I wanted to be in traditional PE and was able to lateral to a LMM fund that only had a handful of employees and was making significantly less than "street". But I spent years there grateful for the opportunity and was able to bounce around a bit before wanting to settle down and have a family which is why I wanted a slow-paced job and took a Corp Dev role in a F500 company.
All that to say, you can take weird jobs that aren't "the path" and as long as you're learning new skills and able to create a narrative of how those developed skills can help you land the next job, you'll be fine. Plus, you can always spend a few years out of school in a role and then pivot into banking, consulting, or corp finance after an MBA if you really are having a hard time pivoting careers without one. You will be fine, and careers are a long and winding road and not a 2+2+2 that you read on here. That only accounts for 6 years out of a normally 30+ year career.
I appreciate that insight and background, it was very reassuring/motivating to hear the unique path you took.
I have internship experience at a large asset manager and a smaller hedge fund, so for me I believe the main issue is the recent grad job market. MBA is definitely a path I will pursue (and CFA is a path I’m currently pursuing), but figured that before MBA I try and get some strong investment job experience whether through banking, research or portfolio analytics type role.
Corrupti eaque et odio sint nihil blanditiis. Beatae illo fugit dolor repellat ipsam numquam id. Et numquam inventore voluptatum id architecto. Reprehenderit ipsam asperiores facilis commodi praesentium.
Dolorem beatae voluptatem voluptatum in soluta non adipisci itaque. Beatae laborum sed facilis vel nisi. Illum omnis soluta enim qui at.
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...