Where do i go from here? Am I fucked?

Ok so here is my position: - Study International Management bachelor at a german no name university - meh grades (2,3 will finish with about 2,1; german system: 1,0 best - 5,0 worst) - did a 6 month internship at big4 consulting (not related to finance), followed by a working student job in the same team - semester abroad in latin america - secured an future intership at the m&a practice of said big4 by a referral of my current partner

Where do i go from here? - I want to do an master, will do it at a better/ at least somewhat known uni versity

What are my options from here? - Is Big4 m&a my ceiling? I kinda feel it will be difficult to get something better than that with my bachelors degree? - Maybe I will do a gap year, would that make sense? Will i be able to get relevant interships (maybe in restructuring, PE or IB) based on that CV?

Any advice is appreciated. I know IB and PE are probably not possible for me

2 Comments
 

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

Current Position:

  • International Management Bachelor at a German no-name university
  • Grades: 2.3 currently, expected to finish with 2.1 (German system: 1.0 best - 5.0 worst)
  • Experience:
    • 6-month internship at Big 4 consulting (not finance-related)
    • Working student job in the same team
    • Semester abroad in Latin America
    • Secured a future internship in M&A practice at Big 4 through a referral

Next Steps and Options:

  1. Pursue a Master's Degree:

    • Aim for a better or at least somewhat known university.
    • Consider top Master in Finance/Financial Engineering programs (e.g., Princeton, MIT, Columbia) as they have good placement on the street.
  2. Evaluate Big 4 M&A as a Ceiling:

    • Big 4 M&A is a solid starting point, but it doesn't have to be your ceiling.
    • Use the M&A internship to build relevant skills and network within the industry.
  3. Consider a Gap Year:

    • A gap year can be beneficial if you use it to gain relevant internships.
    • Target internships in restructuring, private equity (PE), or investment banking (IB) to enhance your CV.
  4. Networking and Internships:

    • Leverage your current network and the referral from your partner to secure more opportunities.
    • Focus on gaining internships that align with your career goals in finance.
  5. Realistic Expectations:

    • While IB and PE are competitive, they are not impossible with the right strategy.
    • Use your master's program to rebrand and gain another shot at entry-level recruiting.

Additional Advice:

  • Networking: Continue to network aggressively. Attend industry events, join relevant clubs, and connect with alumni.
  • Skill Development: Enhance your technical skills through online courses or certifications in financial modeling, Excel, etc.
  • Application Strategy: Apply broadly and be open to starting at smaller firms or boutiques to gain experience.

By following these steps, you can improve your chances of breaking into your desired field. Good luck!

Sources: Need advice on my internships options for this summer, Unsure on what to do next or where to go as UK undergraduate, Lesser known MBA career options? Looking for advice on what to do post-HBS., 3.9 GPA from an Ivy League school in a useless major. What are my options?, Corporate Development Manager - Q&A

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

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