Are career coaches worth it?

Recently, I was approached on LinkedIn by a guy who works as a career coach, providing advise and help to young graduates to secure internships and jobs in IB in London.
He sent me an inbox asking me for a call, and then we talked for about 30 min. He invited me to join his program (which apparently is exclusive for people with decent profiles and is tailored for people looking to break in IB). For this 3 months program, he wants to charge me 3,000 GBP, which is a lot of money for me.

On one hand, I feel tempted, as I have failed to secure a job after my graduation, and I didn't get many interviews this year, so he says he will help me to tailor my CV and cover letters and will give me access to a network of bankers and Oxford graduates. Clearly if I get a job, it will be more than worthy. But on the other hand, this is a lot of money, and I don't have many references of this people, they look professional and serious, but I don't know at what extend they will be helpful.

Does anyone have any experience working with career coaches? Would you recommend me to pay for the service or do you think this is bulls**t?

 
Most Helpful

This is total bullshit especially for that price. You can easily network with bankers yourself for free. They'll be more willing to help you if you reach out independently vs via some guy selling their network.

Resume reviewing is a legitimate service and potentially worth a few hundred dollars with a professional company if you need it, but $3k for this is ridiculous. Run far away.

Array

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”