Want to rerecruit this upcoming fall. Options?
First-year MBA student at a top 20 who is going this summer into an internship that he/she would not prefer to work full time for in a location he/she is not interested in, but a global bank. I will be given a mix of strategy/finance/research projects to complete over the summer. Was part of the IB/consulting track in the fall 2023, but struck out and was left to recruit for corporate roles. Because of all of this, I was wondering if people could chime in and help me evaluate my options. Would re recruiting for IB/consulting roles be possible for a full time role or are summer internships a must for these industries? I like to think I have a big network of people that I think would be willing to help me out. If not, what about other industries where recruiting your second year is acceptable? Preferably something finance based but I have slowly been creeping up on strategy roles for a company or like I said, for a consulting firm.
TLDR: don't like my current summer internship and want realistic full time job opportunities post MBA.
Based on the most helpful WSO content, here are some insights and options for re-recruiting for full-time roles post-MBA:
Re-recruiting for IB/Consulting Roles:
Networking:
Recruiting Process:
Timing:
Other Industries:
Corporate Strategy/Finance:
Asset Management (AM) / Hedge Funds (HF) / Private Equity (PE):
Action Plan:
Evaluate Your Network:
Prepare Your Application:
Explore Multiple Paths:
By strategically leveraging your network, preparing thoroughly, and exploring various options, you can increase your chances of securing a full-time role that aligns with your career goals.
Sources: https://www.wallstreetoasis.com/forum/investment-banking/m7-ib-associate-full-time-recruiting?customgpt=1, IB Recruitment Timeline for Juniors & Seniors who didn't land a junior-year IB internship, Re-recruiting for full time senior year, 2021 Full Time Analyst Recruiting Advice, IB Full Time Recruiting (Summer 2023 Start)
Bump
I would network for FT if possible. Job market is extremely rough but doesn't mean you can't break in. What bank if you don't mind me asking? Would you be able to network at the firm for potentially lateralling to IB?
Bank is lower BB (WF, UBS, DB)
In terms of networking internally, my boss says I have the power to do whatever and pursue whatever division I want. He says I have his full backing and that he will be an excellent reference no matter what I do and I have already started to explore and found some good financial FO opportunities across the bank in better locations. Does that answer your question?
I think networking internally would be your best best considering you are working at a decent bank despite not liking the role. Lateralling right now is tough and a lot of places aren't hiring externally from what I have heard/seen
This is really encouraging. Thanks. Do you think it'll be a good boost targeting other positions at my bank considering the fact that I am already spending a summer working there?
I think it will largely depend on if your bank is hiring associates/senior analysts to begin with. However, if they are, I could only imagine it would be in your favor relative to others trying to break in as you already have some established connections
Got it. Thanks for the advice. Really helpful
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