Struggling Post Grad

To break into Asset Management (AM) or Commercial Real Estate (CRE) with your background, here’s a targeted game plan based on the most helpful WSO content:

1. Leverage Your Internship Experience

• Highlight your BB commercial banking and VC shop internships on your resume. Even without a return offer, these experiences are valuable. Tailor your resume to emphasize transferable skills like financial analysis, client interaction, and deal exposure.
• If you’re targeting CRE, emphasize any exposure to real estate-related deals or financial modeling. For AM, focus on your analytical skills and any investment-related tasks.

2. Expand Your Job Search Strategy

• Target Boutique Firms: Many WSO threads emphasize that smaller firms (regional boutiques, family offices, or niche AM/CRE firms) are more open to candidates without FT experience. These firms often value hustle and willingness to learn over pedigree.
• Widen Your Net: Apply to roles adjacent to your goals, such as credit analyst positions, data analyst roles, or even accounting positions. These can serve as stepping stones to AM or CRE.
• Cold Emailing: Start reaching out to professionals in AM and CRE for informational interviews. Cold emailing has been a game-changer for many WSO users, especially those from non-target schools or with lower GPAs.

3. Network Relentlessly

• Join local CFA societies or real estate organizations to meet professionals in your target fields. Networking events can lead to referrals or hidden job opportunities.
• Reconnect with alumni from your school who are in AM or CRE. Many WSO users have found success by leveraging alumni networks for mentorship and job leads.

4. Upskill Strategically

• CFA Level 1: Studying for the CFA is a great move for AM. Make sure to mention this on your resume and LinkedIn profile to signal your commitment to the field.
• Real Estate Modeling: If CRE is your focus, consider taking a real estate financial modeling course. Many WSO users recommend this as a way to stand out in CRE recruiting.
• Technical Skills: Proficiency in Excel, Argus (for CRE), or financial modeling can make you more competitive.

5. Stay Persistent

• Many WSO threads emphasize that breaking into finance is a numbers game. Keep applying, but also refine your approach based on feedback from interviews.
• Remember, rejection is part of the process. As one WSO user put it, “The more ‘no’s’ you get, the closer you are to a ‘yes.’”

6. Consider a Short-Term Pivot

• If you’re struggling to land an analyst role, consider taking a role in a related field (e.g., corporate finance, accounting, or even a data analyst position). These roles can provide valuable experience and make you a stronger candidate for AM or CRE in the future.

By combining these strategies, you’ll increase your chances of landing that first FT analyst role. Keep grinding, and don’t hesitate to reach out to the WSO community for support!

Sources: Has anyone landed an analyst/associate role in Asset Mgmt or Equity Research with no experience? How?, The Real Estate Job Hunt - Mid Level, The Real Estate Job Hunt - Mid Level, Finding The First Job After College, You want a summer analyst offer? Here's how...