LinkedIn Importance
How important is it to have a LinkedIn? Graduated and headed to an EB soon, and never needed to make one for recruiting because I went to a target school with a large alumni base and info sessions/OCR. It seems like theres a lot of posts about attending company insight events or profiles announcing that they are an Incoming Student or Incoming Summer Analyst, etc., but is there something useful behind that? Maybe for recruiting after IB? Are there LinkedIn exclusive opportunities?
Most useful for students and professionals seeking external validation.
100p this. Also good for keeping tabs on (stalking) former classmates and coworkers which is an essential part of being a finance hardo.
Also 99% of jobs on LinkedIn are scams but once in a blue moon you'll find something good. I knew someone who got a job at a very legit family office (household name, several Bs in assets) through a random recruiter ping on LinkedIn. Worth keeping one and updating it every couple of years just for that one-off chance.
great place to humble brag and hear some pretty shitty inspirational stories. it can be a great resource, and you can also do your tinder “due diligence”
+1 for tinder for FDD - get the last name and then you can do further do some CDD on Instagram
Wait, I thought I was the only sociopathic obsessive stalker???? Turns out the whole finance industry is like me?????
I'm wary of people who don't have Linkedin.
Okay, somewhat surprised by the negative comments on LinkedIn, especially since its free... Here is why I think it is important..
It is a virtual resume that has no page limitation, is searchable by headhunters, and easy to be reviewed by future employers during recruitment. Almost all search firms pay for the high end version to search by title, dates of employment, education, etc. Not being on here could have you literally get passed over (clearly, this is a 5+ year exp issue, but time will fly).
It is way to contact your network and keep tabs regardless of where people go (assuming they update). Finding out an old email doesn't work sucks.
You can proactively reach out to people to network. School alum, shared organizations, even in the same firm, or a firm you want to work for. This has lots of uses.
You can share content that gets you noticed. Clearly, there is a right and wrong way to do this, but it can be useful at points in your career.
My advice, start early. Build good content and keep your profile intact. It is crazy not to. And this should start while you are a UG student.