Newbie looking for career help

Dear WSO,

I just registered here. I graduated with my MS degree this May, and, well, despite looking since January, I've had no luck whatsoever getting, well, anywhere...

Here are my credentials:

Lehigh University class of 2009, major Information Systems Engineering (aka operations research), with a 3.32 cumulative and a 3.50 major GPA.

Since that was a crap performance (because I couldn't find work with it in the fall of 2008/spring 2009), I went to Rutgers to get a master's in statistics. I graduated with a 3.81 GPA. I thought this would prove that I'm not worthless, but apparently the market is telling me that all of that education is worth $0.00.

I'm looking to get in on the quant side of things, or the trading end (or quant trading, if anyone would take me).

I know that the job market is garbage, and it's "not my fault" and all of those other talking points about the recession, but it is my problem.

Since the big banks aren't giving me the time of day (Morgan Stanley rejected me for its quantitative full time associate program, and I bet that the other banks would do the same considering how many people are out of work, talent flooding the markets, yadda yadda), I'm wondering if anyone knows any other route to getting my foot in the door on Wall Street.

Thanks for any advice.

3 Comments
 

It's the package and the prep as well man. It's not just school and GPA; there are other factors. And you should have applied to an analyst role not associate.

 

Start networking and cold calling. You have the stats to get in somewhere as an ANALYST not as an associate. Stick with it.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Qui modi dicta est facilis eligendi. Aut rerum nihil commodi ea perferendis corrupti aut. Dignissimos aliquid error a voluptas officia optio vitae. Nihil accusamus soluta inventore natus.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
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...”