US Student Struggling to Gain Traction

Hi everyone. I am a student at a semi-target in the Midwest. I came to the United States when I was six years old, and have been here ever since. However, due to the legal immigration backlog, I have not been able to receive my green card yet and am now struggling to gain traction because of my status as someone who is technically an international student. 


For the UK/EU folks: I am reaching out to you guys today to see if anyone has any advice regarding the EU banks and their processes. I used to live in Sweden before moving to the US, and am certainly happy to move to the EU or UK for work. If any one has any pointers or recommendations on how/if I could make this happen, I would greatly appreciate it. 


For the US folks: I am really struggling to gain traction. My personality has made it a little difficult to gain traction with the EBs. I have really meshed with many MM and BB firms, but am often precluded from applying due to my status. Does any one have any advice on what I can do? Is it too late for me? I know it might sound dramatic, but I am truly in the worst mental state I have been in my life. I don't know what I am doing here, and don't know what I can do any further. I have networked, kept a 3.95+ GPA, joined the IB programs at my school, and prepped as much as I can for technicals.


Any advice would be greatly appreciated. Thank you so much. 

 

Navigating the complex landscape of international job applications can indeed be challenging, especially when facing immigration or visa issues. Based on the most helpful WSO content, here are some tailored pieces of advice for both your UK/EU and US concerns:

For UK/EU Opportunities:

  1. Leverage Your Swedish Connection: Since you mentioned living in Sweden before moving to the US, consider reaching out to alumni networks or professionals within the Swedish financial sector. Networking with professionals who share a common background can open doors and provide valuable insights into the European banking landscape.
  2. EU Banks’ Hiring Practices: European banks are known to have diverse workforces and may be more accustomed to dealing with candidates who have complex immigration histories. Make sure to highlight your willingness to relocate and your connection to Sweden in your applications and networking efforts.
  3. Visa Sponsorship: Research banks and financial institutions within the EU that are known to sponsor visas for non-EU citizens. While the process can be competitive, your high GPA and involvement in IB programs can make you a strong candidate.

For US Opportunities:

  1. Target Firms with Strong Track Records of Sponsorship: Some MM and BB firms are more open to sponsoring international students than others. Focus your networking and applications on these firms. Information about their sponsorship practices can often be found through networking, alumni, or HR inquiries.
  2. Explore Boutique Banks and Other Financial Institutions: While EBs might be challenging due to your status, don't overlook boutique banks and other financial institutions that might have more flexible hiring practices. Your impressive GPA and preparation could be highly valued in these settings.
  3. Seek Legal Advice: If you haven't already, consulting with an immigration attorney who specializes in employment-based visas could provide you with options you may not have considered. They can offer guidance on navigating the H-1B visa process or other potential pathways to employment in the US.

General Advice:

  • Mental Health: It's crucial to take care of your mental health during this stressful period. Consider seeking support from a counselor or therapist who can provide strategies to manage stress and anxiety.
  • Persistence and Flexibility: The path to securing a position in high finance can be nonlinear, especially with the added complexity of visa issues. Stay persistent, be open to starting in roles or locations that might not be your first choice, and continue to build your network and skills.

Remember, your unique background and the challenges you've overcome can also be seen as strengths, demonstrating resilience, adaptability, and a global perspective. Keep pushing forward, and don't hesitate to reach out to your network for support and advice.

Sources: Could the banks halve their London work force due to Brexit?, London banking future after brexit, Advice for London 2022 Applications Cycle - A Couple of Observations, Advice for London applicants, Advice needed: JP Morgan European vs Global Equities - which team?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

What year are you in? Do you have any prior internships? You've got a high GPA so maybe try applying to UK masters e.g. LBS, LSE, Imperial and Oxford then you'll have a higher chance of getting an IB offer i guess. Other UK people may have more insight..

 

Sint voluptas voluptates sed atque. Aut dolores quo nobis. Et amet porro omnis minus.

Odit iure hic consequatur velit sit. Dolor atque illum natus fugiat. Voluptas dolor in quis id laborum sapiente. Enim nihil reprehenderit tempora repellendus aut ex. Minima sapiente et aliquid deserunt magnam voluptatem.

Beatae qui ut tempora dolorem possimus a voluptate sit. Sint quis et et et repudiandae voluptas. Illum sint quo consequatur necessitatibus ut ab libero.

Ab est facere sunt rerum ex quam. Voluptas necessitatibus eos magnam ut id aut totam. Soluta commodi cumque itaque nobis in qui possimus. Voluptatum dolorem ipsa id provident veniam hic. Sunt voluptas reprehenderit facere.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”