words of wisdom

Based on the most helpful WSO content, here are some words of wisdom and advice for your situation:

1. Stay Persistent and Keep Grinding:

   • It's common to feel down after not securing a big internship, but persistence is key. Many successful professionals faced similar setbacks early in their careers.

2. Leverage Your Current Experience:

   • Your business consulting/development role at a small firm is valuable. Highlight the skills and experiences you gain there, such as problem-solving, client interaction, and business development.

3. Networking is Crucial:

   • Continue to network with investment banks and other finance professionals. Networking can open doors that might not be available through traditional application processes.

4. Consider Your Interests and Strengths:

   • Since you enjoy finance, valuation, and modeling, keep those interests in mind. These skills are highly valued in both IB and consulting. Reflect on what aspects of each field excite you the most.

5. Explore Different Paths:

   • If you’re unsure about IB, consider other finance-related roles like corporate development, private equity, or even roles in financial planning and analysis (FP&A). These can also be rewarding and offer good exit opportunities.

6. Focus on Skill Development:

   • Use your time to develop relevant skills. Take courses in financial modeling, valuation, and other areas that interest you. This will not only boost your resume but also your confidence.

7. Stay Positive and Resilient:

   • Remember that many people feel lost at some point in their careers. Stay positive and resilient. Your determination and hard work will pay off.

8. Seek Mentorship:

   • Find mentors who can provide guidance and support. They can offer valuable insights and help you navigate your career path.

9. Consider Long-Term Goals:

   • Think about where you want to be in the long term. Sometimes, taking a less direct path can still lead to your ultimate career goals.

10. Don’t Compare Yourself to Others:

    • Everyone’s career path is different. Focus on your journey and what you can control.

Remember, setbacks are temporary, and with the right mindset and effort, you can achieve your goals. Good luck!

Sources: If You're Stuck Choosing b/w Consulting and Banking, DO BANKING, Not sure if Investment Banking is for me anymore, https://www.wallstreetoasis.com/forum/investment-banking/not-sure-if-investment-banking-is-for-me-anymore?customgpt=1, Why is banking becoming more competitive?, I'm so lost