Recruit's been tough, seeking advice.
I’ve been struggling. My goal is to get a job in high finance. I am a fourth-year Canadian student and have been recruiting for a job for over a year and a half. Before this, I had success, which is reflected on my resume (2 buy side internship, director of university club). But it’s been some time since I have landed an internship. The gap in my resume is growing, and my graduation — which I have purposely already extended — is nearing.
Over the last six months, I've invested considerable time in networking within the London finance sector for the SA 2024 program, only to realize that I might have missed opportunities in Canada, where my chances could have been stronger. Now, I'm in a position where I have to aim for SA 2025, further delaying my graduation. This decision means shifting my focus entirely to Canadian opportunities. At the same time, I'm still exploring any remaining SA 2024 options. In hindsight, focusing only on IB, PE, or front-office roles may have been too optimistic. Because they way timelines work, I have to recruit for summer 2025 before any of the off-cycle internships for fall 2024 or winter 2025 come out.
All of this has weighed heavy on my mind. This period has been mentally and emotionally taxing. Sleepless nights have become a norm, with my mind constantly racing. Often waking up after only 4.5 hours of sleep. Despite feeling the need for more rest, I find myself unable to fall back asleep, driven by an urgent sense of needing to start my day immediately.
Over the last year and a half, outside of recruit, I have set several personal goals including achieving Dean's Honour Roll (which I have accomplished), working out consistently, and less tangibly – being a man of my word i.e doing what I commit to and following through on my promises to myself. I'm proud to say these are goals I have either achieved or been able to consistently maintain during this time. I'm proud of my achievements in these areas, yet I feel disappointed that my recruit efforts haven't yielded similar success.
Just recently, I reached out to contacts in Canada to discuss SA 2025 opportunities, and thankfully, these conversations are being scheduled. However, the uncertainty of my exact career path, which I will enjoy more or even be able to secure – whether in investment banking, private equity, or real estate – looms large. I understand the need for specialization to accelerate my career, as the feeling of progression is incredibly important to me.
Despite my relentless effort, applying to over 170 jobs in the last eight months (some of which have led to SDs), having 103 coffee chats, which led to referrals from some, and sending thousands of emails, the lack of tangible progress has left me feeling burned out and disheartened. Every weekday for the last year and a half, without fail (and I mean that), I have been working on my technical skills, behaviorals, applying for a jobs and making an effort to network. As I look forward, I know networking is crucial for SA 2025, but I can't shake off the feeling of discouragement. It's a journey filled with dedication and setbacks, and I'm reaching out in hopes of finding guidance.
I feel like I’m at the end of the road.
Hey there, it sounds like you've been through quite the marathon with your recruiting efforts, and it's totally understandable to feel the way you do after such an intense period. Let's break down some actionable advice based on the most helpful WSO content that might help you navigate this challenging time:
Reflect on Your Experience: You've got some solid experience under your belt with those buy-side internships and leadership roles. Make sure these are highlighted effectively on your resume. Sometimes, it's not just the experience but how you present it that can make a difference.
Networking Strategy: It's great that you've been active in networking. However, it might be time to refine your approach. Quality over quantity is key. Focus on building deeper relationships with fewer contacts who can genuinely advocate for you.
Consider Off-Cycle Internships: While you're aiming for SA 2025, don't overlook off-cycle internships. They can be a backdoor into full-time roles, especially in markets like Canada where the recruiting timeline might be more flexible.
Broaden Your Scope: While IB, PE, and front-office roles are attractive, consider other areas in finance that can serve as stepping stones. Roles in corporate finance, consulting, or asset management can also lead to high finance down the line.
Mental Health is Key: The recruiting process can be grueling, and it's important to take care of your mental health. Ensure you're getting enough rest, and don't hesitate to seek support from friends, family, or professionals.
Stay Prepared: Continue honing your technical skills and behaviorals. The WSO Networking Guide and Interview Prep Packs can be invaluable resources to keep you sharp and ready for opportunities.
Re-evaluate Your Timeline: If extending your graduation is a possibility, it could give you more time to land the right opportunity without the pressure of an immediate start date post-graduation.
Persistence Pays Off: Remember, every no brings you closer to a yes. Your dedication is commendable, and while it's tough, staying persistent is key in this industry.
Seek Feedback: After superdays or networking chats, ask for feedback. It can provide insights into areas you may need to improve that you hadn't considered.
Stay Positive: Finally, try to maintain a positive outlook. Success in recruiting often comes when you least expect it, and your next opportunity could be just around the corner.
Remember, the road to high finance is rarely a straight line. It's filled with twists and turns, but with your track record of setting and achieving goals, there's every reason to believe you'll navigate this successfully too. Keep your chin up, and keep swinging!
Sources: https://www.wallstreetoasis.com/forum/hedge-fund/advice-on-hf-recruiting?customgpt=1, Advice on HF Recruiting, Q&A: I just conducted interviews in 4 Superdays, Rising Junior Losing Hope and In Need of Advice, Advice for SAs who didn't get return offers
Based on the most helpful WSO content, here are some actionable steps and advice to consider as you navigate this challenging period in your recruiting journey:
Reflect on Your Approach: It's commendable that you've been so dedicated to networking and applying for roles. However, it might be beneficial to take a step back and analyze your approach. Are there certain strategies in your networking or applications that could be refined? Sometimes, quality over quantity is key, especially in networking.
Consider Broader Opportunities: While IB, PE, and front-office roles are highly sought after, don't overlook other opportunities in finance that can also provide valuable experience and potentially lead to your desired role in the future. Roles in corporate finance, equity research, or even related consulting positions could be stepping stones.
Leverage Your Achievements: You've accomplished a lot, including buy-side internships and leadership roles. Make sure these are highlighted effectively in your resume and during networking conversations. They demonstrate your commitment and ability to succeed in high-pressure environments.
Prioritize Your Well-being: The recruiting process can be grueling, and it's important to take care of your mental and physical health. Ensure you're getting enough rest and consider activities that can help manage stress, such as exercise, meditation, or hobbies.
Seek Mentorship: Sometimes, having a mentor in the industry can provide you with insights and advice that can significantly impact your search. They can offer a fresh perspective on your strategy and help you navigate the market more effectively.
Prepare for Interviews: For the interviews you do land, ensure you're well-prepared. This includes having a solid understanding of technical skills, being able to articulate your experiences clearly, and having a compelling story for why you want to work in a particular sector of finance.
Stay Persistent but Flexible: Persistence is key in job hunting, but so is adaptability. Be open to feedback and willing to adjust your strategies as needed. The finance industry is dynamic, and being able to pivot can be a valuable trait.
Utilize WSO Resources: Don't forget to make use of the resources available through Wall Street Oasis, such as the Networking Guide, Investment Banking Prep, and other courses that can sharpen your skills and improve your chances.
Remember, the road to a career in high finance is often non-linear and filled with challenges. Each step you take is a learning opportunity that builds resilience and character. Keep pushing forward, and don't hesitate to reach out to the WSO community for support and advice.
Sources: https://www.wallstreetoasis.com/forum/hedge-fund/advice-on-hf-recruiting?customgpt=1, Advice on HF Recruiting, Q&A: I just conducted interviews in 4 Superdays, Advice for SAs who didn't get return offers, Rising Junior Losing Hope and In Need of Advice
Possimus enim optio quia. Est dolorum enim dolorem. Deleniti quibusdam ipsum quod voluptas. Neque et corrupti quia voluptas sunt ut et. Inventore qui debitis omnis.
Qui id qui ipsum. Quia vitae qui officia voluptatum aut deleniti maiores. Et architecto omnis maiores aut. Incidunt nihil ex dolore aliquid aut nisi quis nobis. Ratione minus provident officia impedit laboriosam. Et excepturi omnis vel. Dolor exercitationem enim ut omnis doloremque minus.
Dolorum doloremque rerum culpa culpa. Est ut voluptas ut aspernatur minus facilis quibusdam. Cumque iure et et dolor itaque voluptatem.
Et nisi molestiae impedit dolores qui assumenda sit eaque. Ad eos sint quod alias molestiae a omnis. Consequatur eos aut dolorem inventore rerum magnam rerum nostrum. Rem qui aut quibusdam nobis rem dolore.
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...