Frustrated with Networking and Recruiting – Looking for Advice
Just needed to vent about how frustrating networking can be. People say things like “follow up” or “let me know when you apply,” but then ghost you when you actually do.
I’ve been networking for lateral moves for a bit under 4 months now, averaging 2-4 calls a week. While many conversations go well (thank-you emails, shared articles, or positive follow-ups), it's still tough. I did a junior summer at a BB, and I’ve been working in a finance-related role for 8+ months (2023 grad), but given the current market (interest rates, tough FT market), I’m struggling to gain traction despite all the effort.
Coming from a non-target, it’s already an uphill battle. I’m reaching out consistently (300+ emails a week, at least one call), but when I follow up after seeing some openings like JPM, GS and a MM had recently none of them were helpful and they people often go silent. I’m starting to wonder if 2-3 contacts per firm are enough, or if I need to push harder—maybe it’s just a numbers game, at this pointI am still planning on hustling and grinding at least till 2025, not like I have anything to lose and I want it and am going to give it my 100% till I can't.
I understand everyone’s busy and life happens, and I’m not blaming anyone. It’s just frustrating because I’ve been grinding and putting in the work, yet it feels like I’m getting nowhere. I’m considering increasing my touchpoints to 5+ per group to expand my reach.
At this point, I’m questioning whether it’s the market, my approach, or if referrals just aren’t as effective anymore. Any advice is appreciated. It’s just kinda frustrating.
Not to be a dick but what makes you deserving of an IB role? You’re a non-target, you don’t have IB experience, why should a bulge bracket give you a chance? You need some tough love here, it’s not the market as to why you’re not getting a job. It’s because your profile is not good enough. If anyone else isn’t telling you that and to keep going they’re giving you shit advice because you’re wasting your time.
If I were you, I would look at doing extra schooling - maybe a MSF at a better college or an MBA down the line if you wanna do IB. Continuing this way and bashing yourself through a wall is not gonna get you there, you’re just killing your mental health. Know when it’s time to call it a quit.
Based on the most helpful WSO content, here are some actionable steps and advice to help you navigate your networking and recruiting frustrations:
Networking Strategies:
Increase Touchpoints:
Diversify Your Approach:
Leverage Referrals:
Personalize Your Outreach:
Recruiting Tips:
Follow Up Strategically:
Prepare for Technical Interviews:
Consider Location:
Market Considerations:
Understand the Current Market:
Stay Positive and Persistent:
Additional Advice:
Seek Unbiased Feedback:
Utilize Online Resources:
Network with a Purpose:
By implementing these strategies and staying persistent, you can improve your chances of success in networking and recruiting. Keep pushing forward, and don't get discouraged by temporary setbacks.
Sources: Please Advise: Never-Ending Job Hunt, How to network & get yourself a Career Mentor, Reflections from year 4 as an equity analyst, When to call PE recruiting quits?, Rock Bottom but ain't giving up
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