Graduate - Gap 1 year without a job

I am graduate from one of the leading french bs, I have 12 months experience and still don't have any job. Is it normal seriously? I am proficient in excel, ppt, know everything from dcf to mergermodel passing through lbo and accounting and still no one give me an opportunity.
Well, I didn't fit in my last experience with the team (a really odd team but i think its the french culture). Anyone can give me some advice ? thanks a lot

 

Hi, thanks a lot for your comments. i finished my internship in M&A March 2019. after i took 3 months to finish my thesis. during this 3 months, I was applying for the off cycles in BBs mostly at Dubai. I had one opportunity with CS, passed all the process until the final round (2 months procees) but unfortunatly they preferred someone from MENA region. Well, since I didn't give up I applied for some local boutique with no response. and aftre came the famous COVID 19, so no opportunity. During this "gap year", I worked a lot to improve on excel (every formulas, initiation in VBA), a lot modeling, technical questions... but still nothing. I tried to network but no answered me even if they answer, they told "sorry mate we are already full" or "send me your cv i will forward it"

 
Most Helpful

So you only applied to BBs in Dubai. Mate you need to use your logic here. You’re targeting a very limited market. You have to realize that after a few months, the situation is becoming critical (thankfully the COVID situation attenuated the length of this period)

From now on, you should literally apply to dozens of jobs per week, basically apply to every single corporate finance job (IB, PE, HF, boutique banks, etc) in EMEA not just Dubai. Reach out to headhunters, go to Glassdoor/Indeed/LinkedIn, etc. If you’re serious about it, next month you’ll have applied to at least 100-150 more jobs. Get some momentum going. You can’t just target BBs in Dubai.

Also, review your CV/Cover letter / story and investigate why you haven’t had results yet

Good luck !

 

Thanks for your message mate. I think that i didn't explain myself well enough. Indeed, I applied in MENA region (dubai) but not only. I am applying also in EMEA region in PE, M&A, boutique banks etc... Cold mail everyday, contacted headhunters and I apply everywhere (Paris, MENA, london, nyc even Amsterdam)... but nothing.

CV is perfect (95%), cover letter also but I don't know something juste cannot pass.

 

Man for instance, I didn't have any interview since February. And the problem even if I am having an internview, I do all the rounds until the final one. Then, they just call and say tanks for your time but we preferred someone else. This is happen every time

 

How many firms have you interviewed with ? And what school did you go to ? (For anonymity lets peer top 3, top 5 and below top5). You applying in France too ? Honestly I would be quite surprised if you didn’t get interviews from French boutique M&A firms and the likes if you went to say ESCP.

COVID doesn’t make it easy but I would definitely get my technicals and behaviorals on point. You should aim to be the top candidate in Europe for every job you’re applying to. Have you checked out your school career centre offers ? Have you asked your career Center for help ? Just make sure you apply everywhere and lower your standards and an offer will eventually come. But also make sure to understand why you still haven’t received one. Be smart about preparing interviews

Also be able to explain why you still haven’t found a job yet

 

Dolor et fuga nemo molestiae iusto harum consequatur. Aut aliquid a reprehenderit repudiandae. Atque tempora ut non et nesciunt saepe et sequi.

Natus labore vero sit esse. Aut voluptas est ut officia voluptatibus ut et. Consequuntur aspernatur similique minima. Nihil mollitia minus vero rerum impedit cumque mollitia. Alias voluptas eum debitis ut et in deleniti et.

Adipisci in nisi iure quisquam officiis eaque officiis. Saepe qui voluptas qui consequatur iure alias amet. Minus similique in facere cumque. At illum et iusto qui. Non rerum atque asperiores nobis vel exercitationem velit esse.

Autem aut dolor aut autem sint aperiam. Tenetur rerum cum qui voluptatem maxime. Ea magni vero ut consequatur laboriosam officiis nostrum facilis.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”