What should I do? - Senior at a non-target with a 3.6
I'm a senior at a non-target, 3.6 GPA, Finance major, and upon graduation my most relevant experience will be 2 years at a small boutique IB working on LMM M & A (summer 2010 I was an intern, after summer-current have been part time analyst).
I have a connection at a VC firm in town where I believe I have a chance at working a couple days a week for a couple hours after my MWF classes, which will not interfere with the brief work I do when in school for the current IB I work for. In the event that the VC does not pan out, I have a connection to the angel investors association in town with the same brief time commitments.
My question is, if I cannot secure a spot at the VC firm, will banks give a crap if they see I did analyst work (or whatever work they give me to do) with the angel investors, or is it not relevant enough as I will particularly be wanting to work in a boutique M & A firm upon graduation.
I was thinking if the VC does not work, I have nothing to lose by working for the angel investors. Even if IBs don't care, I will have made some good connections. Also, assuming they give me "analyst" type work my resume will show multiple analyst positions.
Thoughts?
Anyone?????
LMM as in Lazard Middle Market?
Lower middle market...
Oh, I see.
Do you have transaction experience there?
Since it is a small firm, my time has not been spent doing the "norm", per say like I have read on here. For example, I have never done any modeling. To combat that, I'm planning on purchasing some of the different programs so I have some experience before I graduate.
Initially, my time was spent analyzing companies for a buy-side client in a specific industry. I built the prospect lists, verified the contact was correct, obtained the contact's email address, ranked the prospects in order of what I though was of best fit for the client, etc. The rest of the time was spent doing other various analytical tasks.
This summer, I built essentially a cold calling platform from the ground up, I believe the term is "dialed for dollars". I tested various methods to penetrate the gatekeepers, various voicemails, etc. through thousands of calls and at the end of the summer wrote a 27 page training manual for my position complete with rebuttals to all objections, ways to handle various situations (Ex. I called into a company and when I asked for the contact I was informed he had just died!), and so on.
While I felt this was valuable, I realize that only a small bank would have someone as young as myself doing this, from what I understand someone at my age would NEVER speak on the phone this early.
Since I started there in May there have been a couple deals done, most notably one large deal but I did not have much work involved with it. The firm is a rather young firm as well, having most recently picked up some of its best clients, so before I graduate I'd assume there will be more significant deals done.
Nobody else has any insight here???
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