May 2024 Grad Job Outlook?

Hi everyone,

I’m a soon-to-be grad from a Midwest semi-target school with a bachelors in fin, 2.9 gpa, and experience in appraisals and corporate finance. Really interested in commercial real estate but things aren’t looking promising. I’ve been scouring every hiring platform and expending nearly every lead to line up a job in commercial real estate post graduation. I’ve been in final round interview stages a handful of times just to be rejected from all but one small developer (who has not told me no yet but reminded me they are hiring based on fit and are in no rush).

Only thing lined up currently is a potential internship at an asset management company in a flyover state over the summer, which they told me a return offer is unlikely already. If offered, I’d probably take this role but I’m fearful it would be more difficult to line anything up as a grad with only internship experience at the end of the summer vs right after graduation.

Ideally, I’d like to be an analyst in either development or asset management but I cannot afford to be picky. Any advice on what to do/ where to look? I was planning on getting an Argus certification over winter break as I have an academic license. Also looking at a.cre but not too high on the price tag. Same with naiop.

 

Not going to lie or sugarcoat it, there's a thread on here with 23 grads still having issues finding roles. The market is optimistic right now but not really pushing on Analyst roles, those mainly go through rotational programs from former interns at bigger shops. It's rough there are many people looking for roles now as the job market might start hiring. 

I'd take what you can for now and just network. You never know who you'll meet. 

 

Asperiores debitis nihil aut aut eum recusandae quas. Nulla alias labore qui dolor. A ut enim odio ut. Aut est et qui in molestiae nam quod eveniet. Alias officia nihil dolorem voluptas cupiditate nulla sapiente. Est vel quia optio velit.

Dolorem saepe corrupti et ut fugiat officiis ut. Exercitationem numquam a consequatur qui corporis harum inventore.

Occaecati doloremque est vitae doloribus perferendis ut optio. Ipsum occaecati aliquid voluptatem nobis possimus. Ex numquam perspiciatis aperiam dolor facere nihil. Cumque corporis fugit sit voluptatem voluptate iusto. Ut autem et voluptatem est.

Totam nulla omnis dignissimos quidem dolorum commodi. Labore in error mollitia facere consequatur. Ullam sunt ut est eius quibusdam dolorem.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”