Recent graduate struggling

Graduated from a top-50 Boston school in May (think northeasten, BU, BC) majoring in finance and I'm struggling to find a job. I have previous investment banking internships at boutiques (no return offer because they were downsizing). Hell I can't even make it out of the first round of an interview yet. I've tailored my resume/cover letter, used career services, and networked my ass off but I'm still struggling and losing hope. It sucks seeing my peers so ahead of me and I'm losing faith and patience. My parents have even suggested joining the military if things don't work out. For anyone that is going through or has gone through the same thing how did you deal with it? 

5 Comments
 

Based on the most helpful WSO content, here are some actionable steps and advice for your situation:

  1. Networking Strategy:

    • Shift your networking approach. Instead of just cold emailing for job opportunities, focus on building relationships. Ask for informational interviews or advice rather than directly asking for a job. People are more likely to help when they feel a connection.
    • Leverage alumni networks. Reach out to alumni from your school who are in the industry. They can provide insights, referrals, or even pass your resume along to hiring managers.
  2. Resume and Interview Prep:

    • Have someone with industry experience review your resume. A fresh set of eyes can help identify areas for improvement.
    • Practice technical and behavioral interview questions rigorously. Use resources like the WSO Investment Banking Prep Pack to refine your answers and ensure you're prepared for unexpected technicals.
  3. Consider Broader Opportunities:

    • Expand your job search to include roles in corporate finance, consulting, or even smaller firms that might not be on your radar. These roles can serve as stepping stones to your ultimate goal.
    • Be open to relocating if necessary. Many opportunities might exist outside of your current location.
  4. Stay Persistent and Positive:

    • Remember, many successful professionals have faced similar struggles early in their careers. It's about perseverance and adapting your strategy.
    • Consider temporary roles or internships to keep building experience while continuing your job search.
  5. Alternative Paths:

    • If you're considering the military, know that veterans often transition successfully into finance roles post-service, especially with an MBA. However, this is a significant decision and should align with your long-term goals.

Lastly, don't hesitate to seek support from mentors, peers, or even professional career coaches. You're not alone in this, and with persistence and the right strategy, you'll find your way forward.

Sources: Q&A: CFA Charterholder, left finance to join the Army, now going into IB, https://www.wallstreetoasis.com/forum/school/timing-mba-with-military-service?customgpt=1, Graduating without a job offer, Q&A: From Corporate Finance to Corporate Strategy (Supply), Graduating MSF - no job

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

There’s definitely a gap between getting a job in finance and the military, keep ur hopes up and you’ll find something 🔥🔥 you sound like a hard worker and don’t get discouraged.

 

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