Got it, so now you're looking to move into investment banking?

It might be tough given your background. Have you considered an MSF? Without knowing your ug GPA, you could prob get into a good program with the requisite gmat score.

Living in NYC is most definitely helpful for networking and interviewing. IMO getting another S&T job in NYC prob wouldn't be too difficult but doing a career change to IB will most likely require going back to school. I'd be interested to hear what others think about an MSF for your situation.

 

I think it's a good use of time, what you are doing. The GMAT will bolster your application if you get a good grade.

--Death, lighter than a feather; duty, heavier than a mountain
 

I have high SAT: 2310, Major GPA 3.8, Overall 3.6.

I do not want to go into S&T anymore considering how many of the desks are being squeezed by regulations and I don't see much future. But if I have no jobs, then definitely I will take another S&T job. However, is this very desk-dependent? Can I only apply to other desks that trade my products or...? I don't know how they think about me being laid off a little over a year into the job either.

Thoughts?

Besides IBD, I am also looking into ER.

 
Best Response

Unfortunately, I haven't taken the GMAT yet.

By the way, if you're apply to ER, you should write a 4 page research report. It should be in a bare-bones style of the equity research reports you see on the street. If you have 2 of these (and these take a while to make), it'll hopefully set you apart from other applicants.

In general, I think people understand that being laid off during a restructure is something that happens in this industry, and they won't hold it against you. Your academics look good, and you have a year of experience.

--Death, lighter than a feather; duty, heavier than a mountain
 

Laborum et autem nihil praesentium. Quia minima aperiam doloribus nihil cumque quidem laborum. Culpa molestiae ex placeat laboriosam atque natus nihil. Veniam quia quibusdam nulla consequuntur atque. Doloremque dolorem atque totam est.

At optio eaque voluptatem. Impedit unde qui qui consequatur hic explicabo. Quia est qui voluptate iusto. Quaerat quam consequatur consectetur. Itaque et qui porro perspiciatis omnis et minima. Soluta molestiae iusto doloribus doloribus et dolorum explicabo repudiandae.

In repellat voluptatem dignissimos praesentium at maiores neque aut. Explicabo aut labore ut voluptas reprehenderit commodi doloribus. Blanditiis enim voluptate aut qui dolor.

Totam aliquid a ducimus optio necessitatibus ut. Laboriosam pariatur aut delectus et. Omnis quae eveniet consequatur nesciunt est omnis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 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 (21) $373
  • 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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
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...”