Next steps? No banking offers
I didn't get a return from my SA stint (0 return offers for that group), I messed up the 3 super days that I've had so far, all IB classes seem to be full, etc. I'm currently working 2 minimum wage jobs while going to school and the thought of having to do a job that I absolutely hate and has no potential for growth scares the hell out of me. I have a verbal buy-side trading offer but not sure if this will take me down the career that I want.
It's mid-October - some firms are still hiring for FT roles. Scan the internet, network and push hard and fast to try and get into this recruitment cycle.
Broadly speaking what is the career that you want?
Multi-manager/event-driven hedge fund PM is the long-term goal
No reason to give up just because its October. There are plenty of boutiques that hire in the winter/spring
Do you think it is possible to go from fundamental prop trading to BB IB? I know the technicals extremely well so it would be a story/network thing. I heard trading -> banking as a 1st year analyst is nearly impossible
Its possible if you're willing to take a haircut in rank. i.e. join is a 1st year analyst even you've done 1-2 years of prop trading. People are too unwilling to do this for some reason. I feel like its an ego thing about being a couple years older than the other analysts. Not a good thought process because its a hell of a lot better than entering IB as a 30 year old MBA who no direct experience and a lot of b-school debt. Much better to enter as a 24 year old analyst and either go to PE or be a 27 year old associate without the debt.
Not to hijack OP's thread, but when does the "recruitment cycle" end if someone is graduating in December? I see a lot of F500 companies hiring right now (I'm on the west coast), but wall st. jobs have been drying up.
I’m 0/3 for superdays this year, gotta keep going.
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