How Many New Grads on Here Are Still Having Trouble Finding a Job?

Recent MSc Finance grad here (semi-target, London). One MM superday for graduate scheme during last recruitment cycle, no offer. Prior full-time experience (2+ years, non related finance) + 2 relevant internships. Probably 250 apps in since July (not including the 200+ during last summer grad scheme recruitment) for IB Analyst and internships. Hundreds of cold emails and only managed one boutique IB unpaid internship who can't sponsor my visa for Analyst role (I'm international). Constant networking for 1.5 years with solid connections who send my CV around, but always have "no positions available".

Is anybody else in a similar situation? My classmates with less experience are at least getting interviews.

14 Comments
 

careerquestions2020

I graduated in 2018 and am looking for back-office positions (marketing), or sales roles. I've applied to more than 300 jobs

300 applications in 2.5 years is weak. You should have a lot more. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Unfortunate timing for you folks. Just keep grinding and it will work out. Not you all’s fault what happened and you are valuable people with a place in this world.

Good luck and best wishes!

 

Turned down a FT job from my 2019 internship to spend the Fall2020 semester abroad instead of graduating in June ‘20 and to go for IB. I got an offer from a MM and turned down 2 Big4 advisory internship roles to do it. Internship got stripped down and they haven’t opened anything yet, and the study abroad obviously got canceled so I graduated without doing any FT recruitment. I basically had 4 job/internship offers a year ago, graduated from a non-target with a lot of ECs and a 3.8 Gpa and now nobodys hiring. Basically a huge F over here

 

Turned down a FT job from my 2019 internship to spend the Fall2020 semester abroad instead of graduating in June ‘20 and to go for IB. I got an offer from a MM and turned down 2 Big4 advisory internship roles to do it. Internship got stripped down and they haven’t opened anything yet, and the study abroad obviously got canceled so I graduated without doing any FT recruitment. I basically had 4 job/internship offers a year ago, graduated from a non-target with a lot of ECs and a 3.8 Gpa and now nobodys hiring. Basically a huge F over here

 

How much do you guys think not being employed affects us down the line. I graduated last december with MS in Finance. I have applied to 1000+ jobs and had probably 10 last rounds overall. Things have been picking up lately (had 5-6 interviews last 3 weeks), but if I don't land a job by end of November, it's gonna roll over to next year. At that point I will be 1+ year unemployed. My technicals and everything are still in order, but will companies give me a cold shoulder even more?

 

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