My unconventional path into finance NEED ADVICE

I grew up in a small beach town in Southern California. Going to school was not the priority as I grew up surfing and spending most my days training thinking I was going to be a professional athlete. After a string of injuries, I had realized that this was not going to be the career I once thought it would be. I decide to quit and sign up at the local community college where I plan to go for 2 years then transfer to a target school to then pursue my other passion of working in finance. After my first year in school, I end up getting an internship at a mortgage lending company that eventually turned into a job offer after 3 months. At this point I am 20 years old struggling financially and decide I’m going to take this job and not finish with my education. (Don’t recommend) I end up doing well at this company and a couple years later branch off to create my own brokerage with some other employees that focused on bridge loan financing. A few years pass, the companies doing well but getting a job in finance was always the goal. I realize the chances of me landing a job are nearly impossible but fuck it, why not try. I spent the last couple years applying to over 75 funds (Mainly RE, CRE) writing the most creative cover letters I can and using my business development and real estate financing background to try and land something. As you can guess not much luck after they see I haven’t even completed my undergrad. Until one day I apply for this associate role that has over 140 applicants thinking to myself why am I doing this again, I have absolutely no shot against these other guys with degrees from prestigious schools. A few days after I get a call and it’s for a first-round interview at this boutique PE shop here in LA. I can’t believe it. I end up going through a few rounds of interviews and get the job. There are no words to describe the feeling. I call my parents and I feel like Ive won the lotto. Now I say to myself the work really starts. I have been here for a about 6 months working my ass off when abruptly another associate was fired and it brought me back here to ask these questions.
What if I get fired one day or I want to leave this company and go to another fund? Will I be able to without the formal education? And at what point if any will I be in the industry long enough for them not to care about my non-existent formal education? Any advice helps and thanks in advance!

4 Comments
 

Hi lb119, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

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

Tbh man I highly recommend you get your degree. Educational background really stops mattering after your first job. You’ve got a solid background. Ever considered online college? Going part time? Whatever you do just get your degree

 

At ratione dolorem harum impedit et. Dolore magnam dolore sed odit. Ut dolorum sint natus culpa autem itaque repellat aut. Inventore quo qui quidem est enim numquam quas.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
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...”