Im cooked aren't I?

Hey guys, I recently graduated with a BS in Finance in a small school in the northeast USA that was definitely non-target lol. I had transferred in from a much larger state school after changing my major and honestly my school/professor never taught me the importance of early applying to internships and networking. Admittedly I should've tried harder in school and graduated with a 3.2. I have a couple of random ass jobs on my resume that I tailored to highlight the financial uses but nothing solid like a finance internship/FDLP. After months of searching got a Credit Analyst at a terrible mortgage company in West Palm Beach Florida paying $20 an hour. I could barely live off that! I was losing more money than I was making and people were god awful. Anyways I still tried my ass off at the job only to be let go a month in. The roles and responsibilities had nothing to do with what I wanted anyway. Now I need your advice...what do I do? High Finance is my end goal and Id love to be getting into Consulting, Financial Analyst, Private Equity, AM, Private credit but I just do not know the ways other getting there. I absolutely do not want to do investment banking. I was considering an MFin for this upcoming spring and have been studying for the GMAT. I have attached my resume which is over a page long. I have been applying to hundreds jobs to no avail and have no idea on what to do. Should I keep applying to jobs hoping something gets picked up and stay there for a years or two, get an MBA , then jump to the careers aforementioned or get an MFin this spring and get a much better job. Id appreciate any advice on resume/applying/careerpaths/exit and entry opportunities for the careers im interested/ and especially how to network both LinkedIn and IRl.Image of my resume

3 Comments
 

Based on the most helpful WSO content, here are some actionable steps and advice for your situation:

Immediate Steps:

  1. Networking:

    • Cold Networking: Start cold emailing and reaching out to professionals in the finance industry. Use LinkedIn to connect with alumni from your school, even if it's non-target.
    • Networking Spreadsheet: Maintain a detailed networking spreadsheet to track your contacts and follow-ups. This will help you stay organized and persistent.
  2. Resume and Applications:

    • Tailor Your Resume: Highlight any financial skills and relevant coursework. Even if your jobs were not directly related to finance, emphasize any analytical or financial tasks you performed.
    • Apply Broadly: Continue applying to a wide range of entry-level finance roles such as credit research, corporate banking analyst, equity research, FP&A, and entry-level investment analyst roles.

Education and Certifications:

  1. GMAT and MFin:

    • MFin Consideration: An MFin could be a good move if you can get into a reputable program. It will provide you with more specialized knowledge and potentially better networking opportunities.
    • GMAT Preparation: Continue studying for the GMAT to ensure you can get into a strong MFin program.
  2. MBA:

    • MBA as a Future Option: If you decide to work for a few years before pursuing further education, an MBA could be a valuable step. It often provides broader career opportunities and a strong alumni network.

Career Paths and Roles:

  1. Entry-Level Roles:

    • Credit Analyst, Financial Analyst, Consulting: These roles can provide a solid foundation in finance. Even if the first job isn't ideal, gaining experience is crucial.
    • Private Equity and Asset Management: These are more competitive fields, but starting in a related role can help you transition later.
  2. Alternative Paths:

    • Strategic Finance Roles at Startups: These can offer significant responsibility and learning opportunities early in your career.
    • Middle Market Firms: Consider targeting middle market firms where the competition might be less intense compared to bulge bracket firms.

Networking Tips:

  1. LinkedIn:

    • Profile Optimization: Ensure your LinkedIn profile is complete and professional. Highlight your skills, coursework, and any relevant experience.
    • Engage with Content: Comment on posts, share relevant articles, and engage with industry professionals to increase your visibility.
  2. In-Person Networking:

    • Industry Events: Attend finance-related events, seminars, and workshops. These can be great opportunities to meet professionals and learn about job openings.
    • Alumni Networks: Leverage your school's alumni network, even if it's non-target. Alumni are often willing to help fellow graduates.

Long-Term Strategy:

  1. Gain Experience:

    • Stay in a Role for 1-2 Years: If you land a job, try to stay for at least a year or two to gain experience and build your resume.
    • Lateral Moves: Consider lateral moves within the industry to roles that align more closely with your long-term goals.
  2. Continuous Learning:

    • Certifications: Consider additional certifications like CFA if relevant to your career goals.
    • Stay Updated: Keep up with industry trends and continue learning through online courses, webinars, and reading finance-related content.

By following these steps, you can improve your chances of breaking into high finance and achieving your career goals. Good luck!

Sources: How Do I Get Into Private Equity?, I've worked 2 years as a Strategy Consultant at a Big Bank (JPM, WF, Citi) - I want to enter Consulting - Where do i start?, graduated may 2019 and recently laid off first job, https://www.wallstreetoasis.com/forum/investment-banking/breaking-into-private-equity-from-banking?customgpt=1, What are the best alternatives of IB (or other high finance)/Consulting if people don't get in?

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

Desperately need to re-work that resume. 
 

Unless you’re a CEO with 20 years of experience or a professor with numerous published books & articles, there is zero reason your resume should be two pages. There’s also zero reason to have it looking like a case study with the side column or to have an objective section at the top (the objective is to get a job…). 

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