1 year post grad without a job
Basically title. Graduated from a public ivy (UVA, UM, UCLA) with a 3.1 in finance in 2023. Have internship experience in big 4 consulting and BB S&T in NYC. Not sure what to do at this point. Had gone back to school to finish med school prerequisites but, would much rather work in finance.
What do I do at this point? The ship has sailed for banking and consulting from what I’ve gathered. Most roles I’ve found are sales oriented however, I’m not a salesman and relationship building is a weak spot for me. Networking is also an issue for me. I don’t really know anyone from school as I kept to myself. I’ve been working as a medical scribe and warehouse worker to pay for school and build a resume.
What do you recommend I do? A MBA isn’t an option without work experience. Should I bite the bullet and just go to med school. I don’t want to do this, but am willing to given the circumstances. Yes, I’m a competitive applicant the 3.1 is cumulative my core science is higher (3.53) and I live in an extremely uncompetitive state.
Open and extremely grateful for any suggestions.
I am in the exact same boat. Taking med school prereq’s currently and been out of work since graduating a year ago. I had very competitive internships, 1 in quant, 1 on Wall Street at a very prestigious firm/group, and a stacked resume of clubs/extracurriculars/course work.
I’m interviewing for a lower-paying job in economic research right now. Not sure if I should take it if I get it or keep going down med school route.
I wish I could share something useful but all I can say is this job market is cooked. No matter how hard you work or how impressive your background is, getting any job in finance is extremely unlikely and if you do, salary expectations are $70k at max. Expect more like $50k with no bonus and essentially no benefits.
Do with this as you will…
Same thing happened to me… I ended up working part time for my family business while starting the med school prerequisites and applying to jobs. Completely lost and unsure where to go
Same, aside from the med school
Seeing this more and more often... finance employment is probably entered a structural decline whereas healthcare employment is booming and probably will boom for decades to come (due to demographics). Bear that in mind in regards to whether to go to med school or not.
Healthcare has slowed down in hiring for white collar corporate jobs since Q1 '23. It's gotten noticeably worse. A lot of ghost jobs. Just like many other industries, healthcare had an absurdly good job market for employees in 2021.
I work in the industry. Nowadays, a lot of PE / VC backed companies are restructuring as interest rates destroyed their investment thesis and a lot of the large healthcare companies are struggling a ton / not hiring due to the inflationary environment we find ourselves in.
Job market for clinicians? Absurdly good and is not affected by the economy. But the day to day of their jobs can burn them out. I do not think any specialty is immune from it. I have a relative who is in a 'lifestyle specialty' and she semi-retired in her late 40s due to burnout.
Exactly. If you pick white collar work, you need to deal with (sometimes extreme) cyclicality, corporate BS, staring at a screen for your whole career and LinkedIn. You pick medicine, and you need to deal with the general public, the stress and threat of legal action and people's lives in your hands.
I think in general, though, white collar work is going into structural decline. Obviously if you have a 4.0 GPA and excellent credentials you'll be fine, but if you're 3.1 like OP, it'll be harder to get a good gig.
Exactly 1 year since graduating MFin and still jobless.
Worse, in Canada as a non-Canadian. So even after FT interviews in NYC, no one would sponsor due to lottery visa just to start.
And I personally know quite a few people that are still jobless.
If you can get into med school and are interested, I’d say go for it.
Market is cooked for new grads unless you’re nepo. I don’t even know how I am maintaining sanity.
3.1 GPA
sorry, but you're gonna want to get into the trades
can sell it to PE later if you can start a business
You literally have a post from years ago saying you have a 3.3 from a non-target.
Yeah, but I had a finance job immediately after graduation. Plus, a 3.3 is not the same as a 3.1
1 year out, its time to cut your losses
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