Feeling lost and rudderless
For a multitude of reasons, and a cold C*nadian market, I have failed at securing an FT offer. To compound the situation, the alumni that my school tends to place in IB are almost always at either a BB/EB/Big 5 or search fund-level boutiques, and I have found literally fewer than 5 grads at semi-decent MMs. I can't imagine lateraling from a micro-boutique to be any easier than senior-year FT hell.
With that said, my only real alternative is staying another 2 years in school for a master's (an MFin, or one of the other ones at the Ivies) to land an analyst gig. Is that a more viable option than the micro-boutique route to break into the US market? Many thanks in advance, I'm feeling extremely hopeless at the moment so any insights would be appreciated.
Based on the most helpful WSO content, here are some insights and advice for your situation:
Considering a Master's Degree:
MSF as a Stepping Stone:
Target Schools:
Geographical Considerations:
Alternative Routes:
Corporate Finance (CF):
Micro-Boutique Experience:
Final Thoughts:
Resources:
By considering these options and leveraging the resources available, you can navigate your way through this challenging period and find a path that aligns with your career goals.
Sources: On the off chance Investment Banking doesn't work out for me, 3 years work experience in big 4, Ms Finance or MBA? Could you please give me some advice?, MSF or MBA for my experience level?, Masters in Finance after M.S. in Financial Engineering, yay or nay?, Ask Natalie from Accepted about Business School Admissions
breaking into the US will be near impossible with you background (im assuming its bad if you are looking at micro boutiques as a serious option).
focus on canada, stop blaming the market, get networking, and see if you can get a reputable mm boutique (cannacord/origin/paradigm/cormark). it is much easier to lateral from those shops to big 5 and ultimately US.
if you have 0 "high" finance experience at reputable, decently well known shops, do a couple years in fp&a, accounting, or corp dev, and then go do a masters. then you can try and break in as an analyst/associate.
it's tough but doable if you put more than everything you got into it. good luck!
OP, why did you MS? I am being honest with you. I was going to offer to help you out via private message, but am now reconsidering.
Some people just can’t handle the truth
Calm your tits, I just logged on, it wasn't me that MS'd you
Would appreciate the DM, thx
Assuming you went to Queens or Ivey just do another job and try to break in on a lateral market. So many people do that stop being a pussy and whining on WSO.
Del
No cfa
Dude you can still break in. Most of my friends broke in after uni. Your life isn’t over you haven’t even started yet. This site is full of college kids giving college advice. I broke in after uni, my friends broke in as first years at 26 in Canada. Find a solid company with a good brand, prep on the side, network get an interview and smash it.
What are your internships? Certain ones can set you up quite well for IB recruiting.
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