Confused during network call

I just had my first networking call for 2025 SA with and I had absolutely no idea what he was talking about. I asked him about the most interesting projects he's worked on and it was literally just in one ear out the other. I understand that there is some amount of technical knowledge assumed in this process, but for those who aren't finance majors (like me) and are just learning this stuff for the first time, do they really expect us to know all this jargon about highly stressed deleveraged voluptuous MBS markets or whatever he said lmao. I know the technicals around the level of the WSO 400 Questions, but that seemed totally insufficient to even follow, let alone respond with anything sophisticated. Is this par for the course or was this an exception? To be clear, he wasn't grilling me or anything--he was super nice--but he just seemed to assume a prerequisite level of knowledge that I did not have (as expressed in my resume). I have calls scheduled tomorrow, am I screwed?

6 Comments
 

Follow the markets every day and you’re bound to stumble across terms and concepts you aren’t familiar with. Look these unknowns up and read about it a little until you have a vague understanding. Rinse and repeat this process and you will eventually come to a fuller understanding of jargon. I would say that WSJ is pretty jargon-laid, so really dial in with that.

 

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