Homeless Banker

So, uh, the clock is definitely ticking...

No job, no interviews, nothing.

My situation: I graduate in May with a BSBA in Finance (Cum: 3.7, Last 50 hours: 3.96) from non-target (top 40 undergrad). I have some commercial banking experience, but no IB, S&T, or PWM. My quandary is: now what? I've talked/networked with 4-5 alumni in IBDs. They've each responded with pretty much the same tune (bad capital markets, no opportunities, etc.) So, without ending up at some sh*tty brokerage cold calling (a la Boilerroom), what angle should I take now?


I'm considering Teach for America or some other volunteer corp.; however, if I received an offer in finance or consulting (making 50k+), I probably wouldn't turn it down.

Thanks for any suggestions, inspirational stories, or just harsh criticism, lol.

9 Comments
 

The thing is, banks have already filled all of their full-time positions for all banking and s&t. People might know about PWM full-time but my guess is that they are full too. FT recruiting takes place early first semester.

Do a lot of interviewing to get experience with opportunities at your school. There are plenty careers if you enjoy finance that you will like. And a good deal of them that will make you 50K a year. Keep at it!

 

if i were you i would try some small middle market shops, if they are small enough they might not have a formal recruiting schedule and fill spots as their needs occur, also ask your alumni contacts if they could give you some contacts they know at smallet firms. Its a long shot but I would still try

 

Quaerat provident tenetur sed aperiam quidem earum. Voluptatem eligendi minima quaerat delectus. Repellat ut in dolor dolorem quo. Nihil odio nemo voluptas modi. Officia voluptatem deleniti vel eius ut ut illo est. Similique qui quaerat et unde voluptas dolorem et. Quia aut corrupti eum possimus alias nemo quae.

In sed provident eos praesentium et accusantium qui. Rerum error fuga laudantium. Aliquid laborum velit laborum doloribus. Nulla sapiente pariatur maiores cumque rem.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
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...”