The Next Step in Applying
Hello, I recently graduated in May from a SUNY, and unfortunately, probably with many others, haven't gotten anything yet. I was wondering whats the next step for me to proactively apply and break into the industry?
Are there still some big banks that are accepting apps for analyst programs? I applied to many but haven't heard anything yet.
Where else is a good place to search for entry level positions ?
I'm getting nervous, i have to start paying back my loans soon =(
thanks in advance for any advice, much appreciated.
The SUNY system is really starting to worry me more....I honestly think there is no chance of you getting into "big banks" and if I were you I would take anything finance related you can get.
Honestly right now it may be a little late for FT recruiting (not positive). But I would network with your career center and set your sights outside of the BB. It seems like alumni from nontargets are really open to talk to recent grads and people so you could have some luck there. It is hard to get a FT offer from a target now w/o networking and almost impossible (it seems) to get one from a nontarget. Boutiques are prob your best option, talk to alums, be more forward with them since you are obviously looking for a job- but don't just say hi...here's my resume. Build report and try to segway into an internship (possible even after grad) or a job offer. Was your GPA high at your SUNY? If it was you have a decent chance, if not you need to try that much harder to network.
well, i applied a lot earlier to most of the analyst programs before the deadlines, i guess i'm "waiting" for any replies. my GPA was 3.6cum/3.7 major. I've networked with a lot of guys from previous years that work at BBG, MS, GS, and the replies are pretty similar that theres not much available and aren't accepting many applicants. These banks did have postings up at my career center, but not for any analyst program, it was all for technology programs (software developer etc.)
Is it worth to apply for a summer analyst program? do they even take recent graduates?
Where would be the best place to look for entry level spots at boutiques?
Most banks (even boutiques and MM firms) won't accept graduates for their internship programs, especially considering that their internships run during the summer, and by that time in 2010 you'll have been out of school for a year. If you haven't heard back regarding full-time analyst positions by now then you've been dinged (I assume you're talking about the normal analyst recruiting cycle that takes place in the fall for a start date of next summer). Your best shot at this point would be to take whatever job you can find around or in finance and then network like crazy with alumni and others you may know/meet to keep a finger on the pulse of their hiring needs. Sometimes things come up at random times throughout the year and that may be your only shot.
I guess the alternative is to work a couple years and go get an MBA -- then get into banking at the associate level (probably not what you want to hear).
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