So what do I do now?... Post-Recruiting Woes

Recently I have seen quite a few topics pop up regarding the switch from corporate finance to IBD, and the questions really haven't been answered. I recently have found myself in a similar situation and I figured I would ask here with a complied list of questions that I have seen & want answered.

Just a bit of background on myself I just finished up recruiting for IBD and it didnt end up so hotly for me, I will be going back to a Fortune 50 finance rotation program but, I still wish to do IBD, here are my questions,any perspective is greatly appreciated.

When should I aim to apply/network with IBD again, 1 year into the program, 2 years into the program?

Does age matter? Would firms look down upon an analyst who is 23 or 24 years old?

What types of rotations/roles should I look to obtain during my time there?

How does recruitment function for those who are looking to make a career change? Are we put in the same pools as laterals or as those looking to be hired on as first-year analysts?

Any insight is greatly appreciated, also I have considered the MBA to banking path but, if its possible to break into it earlier I have no problem doing it.

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Best Response
kmonkeyt When should I aim to apply/network with IBD again, 1 year into the program, 2 years into the program?

Does age matter? Would firms look down upon an analyst who is 23 or 24 years old?

What types of rotations/roles should I look to obtain during my time there?

How does recruitment function for those who are looking to make a career change? Are we put in the same pools as laterals or as those looking to be hired on as first-year analysts?

  1. asap
  2. from my experience, no
  3. depends on the firm, but some middle market and boutique banks will simply hire entry level analysts off cycle. they don't have the budgets to bring in analysts in anticipation of need, instead they fill roles once the need is realized
  4. depends on how much relevant work experience you have and the type of position you are applying to. with that said, i think it's pretty rare to be placed in the same pool as undergrad recruiting classes.
"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 
kmonkeytWhen would you recommend applying? Wouldn't it look bad if someone applied 6 months into their new job?

Speaking from experience...don't wait. It can be a long process.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 

For sure, it seems like I should keep networking strongly and keep in touch with people.

Anything risky or difficult in particular someone who is trying to switch in from an another industry might face?

 

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