I have been trying to turn my life around.

Here's my story:

Graduate high school
Fail out of University
Community College
T100 state school with 3.0 in economics

I couldn't get an internship anywhere. I'm not really sure what to do at this point. I'm really just looking to avoid being an OWS college graduate. I was hoping someone could give me some direction on where to start from the position I'm at considering I'm graduating in May. I'm open to any ideas.

 
Best Response

Think. Seriously. Think very hard about what life has to offer. It is true that stable, somewhat boring lifestyles with steady income and socially acceptable career paths are offered by high grades and awesome career performance. But what is the inverse of this?

Here's an example: I went to an Asian country last year to do an internship. It was a great job in a great field and it looks great on my resume, but I needed cash. I worked nights at a club 4 days per week, in addition to my internship 5-6 days per week. The lifestyle was brutal, but the fun was ridiculous.

The crazy part is that I look more fondly upon my experience working at the club than my internship. It was the best finance experience I've ever had and I learned more about Excel, business and client relations, yada yada than ever, but working at the club offered something different. Yes, my coworkers at the club were uneducated, mostly oblivious of the technical details of economics, politics, and the general "why's" of the world, but I was much happier there. I had a better story to tell, got more money out of it, got ganja like it was legal, and most remarkable of all: the people at the club had more stable lives than the people at my internship. They were married, or with longtime girlfriends, some had kids, some were actual business persons.

The point is that life has much more to offer than what is deemed "right" by everyone other than you. That's a lesson you can't teach; even my telling it to you now isn't enough. You'll learn it yourself at one point.

For now, find a way to stop stressing what "is" or "isn't" in your life, and look at things differently. Find out what you have to do, and just do it.

If you want something to relate to, besides all the aforementioned stuff:

I failed out of college once, I have a disgustingly bad GPA (I wish I had a 3.0), and my math skills are ridiculously terrible. I passed calculus 2 before passing calculus 1, all because my fundamentals are so fucked up. AND I'm an econ major from a GARBAGE school. Where does this put me?

I've got 3 very solid internships at mid-market firms, not just tiny boutiques. I've got interviews lined up for work beginning next month. Now that I'm an adult and know how to study, I'm working on the GMAT and CFA. If things go well, I might make it into a T2 MS Finance program for next year. Considering my experience and (hopefully by then) solid credentials, I should have a shot at the kind of job I want.

That's called hustle. Like the guy before me said, there is no try, only do or do not.

Granted, that's all postulating. I'm predicting being in a better-than-nothing recruiting scenario, with an extra $30K in debt, and even that may not all work out. But I had to become comfortable with that. I had to become comfortable with failure, too. At one point, I even seriously considered dropping everything and moving abroad with the bit of cash I had.

But once you grow a little bit, it dawns on you that nothing is as serious as it seems. GPA is an indicator of past performance, not of your potential.

Evaluate what you want. Be smart about it too - no existential, emotional, or family bullshit. Retreat from your every day interactions and give yourself the opportunity to discover what your goals really are, because if you're performing poorly, it means that a part of you is in conflict with what your adult or business-minded self wants to do.

TL;DR version: ace the GMAT, do a MSF/MBA, get internships, ???, profit.

in it 2 win it
 
  1. Figure out what you want to do in finance.
  2. Load up on relevant courses to #1 and bring your grades up.
  3. Bust your ass to get an internship for Fall, Winter, and Spring, even if unpaid.
  4. Get active in college or local clubs relevant to #1.
  5. Read, read, read books related to what you choose at #1.
  6. Network like hell.

You can land something when you graduate. It may not be your dream job, BUT you'll have a far better understanding of what you need to do and the work habits to get you there.

Good luck.

DELETED_ACCOUNT
 

Aut fuga sint nihil culpa maiores voluptates aut. Amet rerum sapiente officiis eos aspernatur fuga. Autem aut quaerat consequatur veritatis dicta molestiae. Aut nulla dignissimos sunt rerum.

Ullam quo veniam quia cupiditate enim. Sint et nemo voluptas debitis. Eum et ipsam ea odit.

Get busy living

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 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 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 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 (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
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...”