Struggling to find FT AM/HF positions, opportunities are drying up. Advice Needed

Stats: 3.5GPA, top public, summer analyst at $25B asset manager junior year, intern at $1B boutique asset manager sophomore summer.

Didn't receive a return offer to my summer. I've received 8 interviews, 3 final rounds for AM RA roles at large asset managers but haven't converted any of them. Some of this is on my interviewing skills, yes, and I'd love it if someone could help me with mock interviews and legitimate feedback.

However, at this point I'm out of options for large asset managers. It's where my experience all comes from, and I've somewhat neglected recruiting for sell-side since I thought I could get an offer in AM. I don't think I have the resume at all for IB and I've always found it tough to sell my passion for it. Private equity is interesting but I always feel like PE shops are looking for IB or PE experience, not AM. I've applied to a couple but never got any interviews.

It's been legitimately disheartening to get so many rejections and I feel like recruiting processes are wrapping up everywhere. I don't know where else to find opportunities.

My current idea is just to whip up the best pitch I can and just start shotgun emailing it to every fund I can find, but I feel this is a last resort if I'm completely out of luck, as this is time-intensive not only to make the idea itself, but emailing is low hit rate too.

Does anyone have any ideas or advice? Much appreciated to all that have any. I genuinely need the help.

2 Comments
 
 

Consequatur voluptas optio repellendus architecto. Quos ut voluptatum fugit reiciendis. Sit repellendus doloribus sit.

Nihil velit minima laboriosam autem dolorem repudiandae sint nulla. Sed et enim architecto. A officia molestiae qui dolorem ab sit et distinctio.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
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...”